GlobalFoundries Inc. (NASDAQ:GFS) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Analysts maintain a consensus “Hold” rating on GlobalFoundries, with nine buy, nine hold, and two sell recommendations. The average 12-month price target is $74.32.
• GlobalFoundries exceeded quarterly expectations, reporting $0.46 EPS versus the $0.43 consensus and $1.79 billion in revenue, up 5.8% year over year. The company issued third-quarter 2026 EPS guidance of $0.46–$0.56.
• The stock opened at $45.21, well below its 52-week high of $92.55, while insiders sold $1.43 million of shares over the past 90 days. GlobalFoundries also declared a quarterly dividend of $0.12 per share, yielding approximately 1.1% annually.

Shares of GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) have received a consensus rating of "Hold" from the twenty research firms that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $74.3158.

GFS has been the topic of a number of analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of GlobalFoundries in a research note on Wednesday, August 26th. Susquehanna upped their price objective on GlobalFoundries to $125.00 and gave the stock a "positive" rating in a research report on Monday, May 11th. Robert W. Baird set a $140.00 price objective on GlobalFoundries in a report on Thursday, August 6th. Zacks Research lowered GlobalFoundries from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 4th. Finally, TD Cowen decreased their target price on GlobalFoundries from $85.00 to $75.00 and set a "buy" rating for the company in a research note on Thursday, August 6th.

Insider Activity at GlobalFoundries

In related news, insider Samak Azar sold 335 shares of the stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $77.36, for a total value of $25,915.60. Following the transaction, the insider directly owned 13,149 shares of the company's stock, valued at $1,017,206.64. This trade represents a 2.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Glenda Dorchak sold 4,000 shares of the stock in a transaction on Monday, July 20th. The shares were sold at an average price of $58.22, for a total transaction of $232,880.00. Following the completion of the transaction, the director directly owned 14,867 shares in the company, valued at $865,556.74. This trade represents a 21.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 22,745 shares of company stock worth $1,433,835 over the last 90 days.

Institutional Trading of GlobalFoundries

Hedge funds and other institutional investors have recently made changes to their positions in the company. Aster Capital Management DIFC Ltd boosted its stake in GlobalFoundries by 844.7% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 62,593 shares of the company's stock worth $2,186,000 after purchasing an additional 55,967 shares during the period. Sei Investments Co. grew its position in GlobalFoundries by 239.0% during the 1st quarter. Sei Investments Co. now owns 48,246 shares of the company's stock worth $2,146,000 after purchasing an additional 34,014 shares during the last quarter. AXQ Capital LP increased its stake in GlobalFoundries by 438.9% in the fourth quarter. AXQ Capital LP now owns 49,617 shares of the company's stock valued at $1,733,000 after purchasing an additional 40,410 shares during the period. Bank of America Corp DE increased its stake in GlobalFoundries by 106.1% in the first quarter. Bank of America Corp DE now owns 875,361 shares of the company's stock valued at $38,936,000 after purchasing an additional 450,722 shares during the period. Finally, Monaco Asset Management SAM purchased a new stake in shares of GlobalFoundries in the fourth quarter valued at about $6,984,000.

GlobalFoundries Stock Performance

NASDAQ GFS opened at $45.21 on Monday. GlobalFoundries has a 52 week low of $31.59 and a 52 week high of $92.55. The firm has a 50 day moving average of $55.52 and a two-hundred day moving average of $59.43. The company has a quick ratio of 1.74, a current ratio of 2.48 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $24.81 billion, a PE ratio of 35.32, a price-to-earnings-growth ratio of 1.43 and a beta of 1.78.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.77 billion. GlobalFoundries had a net margin of 10.36% and a return on equity of 6.69%. The company's revenue was up 5.8% on a year-over-year basis. During the same period last year, the business earned $0.42 EPS. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. As a group, research analysts expect that GlobalFoundries will post 1.48 EPS for the current fiscal year.

GlobalFoundries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Wednesday, September 23rd will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $0.48 dividend on an annualized basis and a yield of 1.1%. GlobalFoundries's dividend payout ratio (DPR) is presently 37.50%.

About GlobalFoundries

GlobalFoundries, Inc NASDAQ: GFS is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers. The company operates as a pure-play foundry, producing integrated circuits across a range of process technologies for customers in markets such as automotive, communications, consumer electronics, industrial, and aerospace. Its service offering spans process development, manufacturing, test and packaging support, and design enablement including process design kits (PDKs) and intellectual property (IP) libraries to help customers bring designs to production.

GlobalFoundries focuses on a portfolio of differentiated and specialty process nodes, offering technologies for radio-frequency (RF) and wireless, analog and mixed-signal, power management, embedded non-volatile memory, and silicon-on-insulator (SOI) process families.

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