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

Key Points

• Analysts collectively rate GlobalFoundries “Hold.” Among 20 analysts, nine recommend buying, nine recommend holding, and two recommend selling; the average 12-month price target is $74.32.
• GlobalFoundries reported quarterly EPS of $0.46, beating estimates by $0.03, while revenue reached $1.79 billion, up 5.8% year over year. The company guided for third-quarter 2026 EPS of $0.46–$0.56.
• The stock opened at $48.68, with a market capitalization of approximately $26.71 billion, and the company declared a quarterly dividend of $0.12 per share, equivalent to a 1.0% annualized yield.

GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) has earned a consensus recommendation of "Hold" from the twenty brokerages that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $74.32.

GFS has been the subject of several research reports. UBS Group reduced their target price on GlobalFoundries from $61.00 to $55.00 and set a "neutral" rating for the company in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of GlobalFoundries in a report on Monday, August 10th. Robert W. Baird set a $140.00 price objective on shares of GlobalFoundries in a report on Thursday, August 6th. Cantor Fitzgerald reiterated an "overweight" rating on shares of GlobalFoundries in a research report on Tuesday, September 8th. Finally, Stifel Nicolaus initiated coverage on shares of GlobalFoundries in a research note on Tuesday, September 1st. They issued a "buy" rating and a $60.00 target price on the stock.

GlobalFoundries Stock Up 1.6%

GFS stock opened at $48.68 on Friday. GlobalFoundries has a twelve month low of $32.02 and a twelve month high of $92.55. 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 company has a market cap of $26.71 billion, a PE ratio of 38.03, a price-to-earnings-growth ratio of 1.52 and a beta of 1.76. The business's 50-day simple moving average is $48.03 and its 200 day simple moving average is $59.42.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.43 by $0.03. GlobalFoundries had a return on equity of 6.69% and a net margin of 10.36%.The firm had revenue of $1.79 billion during the quarter, compared to analysts' expectations of $1.77 billion. During the same quarter in the prior year, the firm posted $0.42 EPS. The company's revenue for the quarter was up 5.8% on a year-over-year basis. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. On average, research analysts anticipate that GlobalFoundries will post 1.48 earnings per share for the current year.

GlobalFoundries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Wednesday, September 23rd will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, September 23rd. GlobalFoundries's dividend payout ratio (DPR) is 37.50%.

Insider Activity at GlobalFoundries

In other news, Director Glenda Dorchak sold 4,000 shares of the firm's stock in a transaction that occurred 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 sale, the director owned 14,867 shares of the company's stock, valued at approximately $865,556.74. This trade represents a 21.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Hogan sold 500 shares of GlobalFoundries stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $70.90, for a total transaction of $35,450.00. Following the completion of the transaction, the insider owned 795 shares of the company's stock, valued at $56,365.50. This trade represents a 38.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 18,955 shares of company stock valued at $1,030,797 in the last 90 days.

Hedge Funds Weigh In On GlobalFoundries

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Aster Capital Management DIFC Ltd boosted its stake in shares of GlobalFoundries by 844.7% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 62,593 shares of the company's stock valued at $2,186,000 after purchasing an additional 55,967 shares during the last quarter. Sei Investments Co. increased its stake in GlobalFoundries by 239.0% in the first quarter. Sei Investments Co. now owns 48,246 shares of the company's stock valued at $2,146,000 after purchasing an additional 34,014 shares in the last quarter. Bank of America Corp DE raised its holdings in GlobalFoundries by 106.1% in the first quarter. Bank of America Corp DE now owns 875,361 shares of the company's stock worth $38,936,000 after purchasing an additional 450,722 shares during the period. First Trust Advisors LP raised its holdings in GlobalFoundries by 97.4% in the first quarter. First Trust Advisors LP now owns 264,837 shares of the company's stock worth $11,780,000 after purchasing an additional 130,643 shares during the period. Finally, Janus Henderson Group PLC bought a new position in shares of GlobalFoundries during the first quarter worth $1,108,000.

GlobalFoundries Company Profile

GlobalFoundries Inc is a semiconductor contract manufacturer that produces chips for customers without owning their own fabrication facilities. The company operates as a pure-play foundry, manufacturing semiconductors based on customers' designs and supporting them through process development, wafer fabrication, packaging, and related services.

Its technology portfolio focuses on specialized semiconductor platforms rather than the most advanced leading-edge logic nodes. Products and services include radio-frequency technologies, analog and mixed-signal solutions, power management, embedded memory, silicon photonics, and automotive and industrial semiconductor platforms.

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