GlobalFoundries Inc. $GFS Position Raised by Norinchukin Bank The

Key Points

• Norinchukin Bank significantly increased its stake in GlobalFoundries by 177.6% in the first quarter, now holding 14,827 shares valued at $547,000.
• Wall Street analysts have mixed views on GlobalFoundries, with ratings ranging from "buy" to "hold" and target prices between $37.00 and $52.00.
• GlobalFoundries reported a quarterly EPS of $0.42, exceeding expectations, and forecasts a range of 0.330-0.430 EPS for Q3 2025.

Norinchukin Bank The boosted its position in GlobalFoundries Inc. (NASDAQ:GFS - Free Report) by 177.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,827 shares of the company's stock after purchasing an additional 9,485 shares during the period. Norinchukin Bank The's holdings in GlobalFoundries were worth $547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in GFS. Banque Cantonale Vaudoise purchased a new stake in GlobalFoundries in the first quarter worth about $33,000. Signaturefd LLC grew its stake in shares of GlobalFoundries by 51.3% during the first quarter. Signaturefd LLC now owns 1,026 shares of the company's stock worth $38,000 after acquiring an additional 348 shares during the last quarter. Summit Securities Group LLC raised its holdings in shares of GlobalFoundries by 142.2% in the first quarter. Summit Securities Group LLC now owns 1,298 shares of the company's stock worth $48,000 after buying an additional 762 shares during the last quarter. SBI Securities Co. Ltd. raised its stake in GlobalFoundries by 26.3% in the 1st quarter. SBI Securities Co. Ltd. now owns 1,539 shares of the company's stock worth $57,000 after acquiring an additional 320 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of GlobalFoundries during the first quarter worth about $102,000.

Wall Street Analysts Forecast Growth

Several research firms recently commented on GFS. Argus started coverage on shares of GlobalFoundries in a research report on Tuesday, July 1st. They set a "buy" rating and a $52.00 price target on the stock. Wedbush decreased their price objective on GlobalFoundries from $48.00 to $40.00 and set an "outperform" rating on the stock in a report on Wednesday, August 6th. Citigroup boosted their target price on GlobalFoundries from $35.00 to $42.00 and gave the stock a "neutral" rating in a report on Monday, July 7th. Arete Research set a $37.00 price objective on shares of GlobalFoundries in a report on Wednesday. Finally, Cantor Fitzgerald reissued a "neutral" rating on shares of GlobalFoundries in a research note on Monday, May 5th. Six investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $43.79.

GlobalFoundries Stock Performance

NASDAQ GFS traded down $0.19 during trading on Friday, reaching $33.39. The company's stock had a trading volume of 2,057,572 shares, compared to its average volume of 3,001,416. The business's fifty day moving average price is $37.13 and its 200-day moving average price is $37.18. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.92 and a current ratio of 2.63. The firm has a market cap of $18.46 billion, a price-to-earnings ratio of -158.99, a P/E/G ratio of 1.09 and a beta of 1.50. GlobalFoundries Inc. has a twelve month low of $29.77 and a twelve month high of $47.69.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.06. GlobalFoundries had a positive return on equity of 6.55% and a negative net margin of 1.68%.The firm had revenue of $1.69 billion during the quarter, compared to analysts' expectations of $1.68 billion. During the same period in the previous year, the firm posted $0.38 earnings per share. GlobalFoundries's revenue was up 3.4% on a year-over-year basis. GlobalFoundries has set its Q3 2025 guidance at 0.330-0.430 EPS. As a group, analysts anticipate that GlobalFoundries Inc. will post 1.31 EPS for the current fiscal year.

GlobalFoundries Profile

GlobalFoundries Inc, a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It manufactures various semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units.