GlobalFoundries Inc. (NASDAQ:GFS) Given Average Recommendation of "Hold" by Analysts

Key Points

• GlobalFoundries Inc. has received a consensus recommendation of "Hold" from sixteen analysts, with two sell ratings, eight hold ratings, and six buy ratings.
• Citigroup and Goldman Sachs both provided neutral ratings, with price targets of $42.00 and $40.00 respectively, while UBS lowered its price target to $37.00.
• The company's recent quarterly earnings showed a positive EPS of $0.42, surpassing estimates and reflecting a 3.4% revenue growth year-over-year.

Shares of GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) have been given a consensus recommendation of "Hold" by the sixteen analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $43.20.

Several analysts have issued reports on the stock. Citigroup raised their price objective on shares of GlobalFoundries from $35.00 to $42.00 and gave the stock a "neutral" rating in a research note on Monday, July 7th. The Goldman Sachs Group assumed coverage on shares of GlobalFoundries in a research note on Thursday, July 10th. They issued a "neutral" rating and a $40.00 price objective for the company. Weiss Ratings reissued a "sell (d)" rating on shares of GlobalFoundries in a research note on Wednesday, October 8th. Wall Street Zen raised shares of GlobalFoundries from a "hold" rating to a "buy" rating in a research note on Monday, September 15th. Finally, UBS Group decreased their price objective on shares of GlobalFoundries from $43.00 to $37.00 and set a "neutral" rating for the company in a research note on Wednesday, August 6th.

Institutional Trading of GlobalFoundries

Institutional investors have recently added to or reduced their stakes in the company. Polianta Ltd raised its stake in shares of GlobalFoundries by 41.0% during the third quarter. Polianta Ltd now owns 43,300 shares of the company's stock valued at $1,551,000 after acquiring an additional 12,600 shares in the last quarter. CWM LLC raised its stake in shares of GlobalFoundries by 973.6% during the third quarter. CWM LLC now owns 50,943 shares of the company's stock valued at $1,826,000 after acquiring an additional 46,198 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of GlobalFoundries by 0.6% during the third quarter. Pacer Advisors Inc. now owns 1,874,440 shares of the company's stock valued at $67,180,000 after acquiring an additional 11,648 shares in the last quarter. Brighton Jones LLC bought a new stake in shares of GlobalFoundries during the third quarter valued at approximately $314,000. Finally, Board of the Pension Protection Fund bought a new stake in shares of GlobalFoundries during the third quarter valued at approximately $140,000.

GlobalFoundries Trading Down 1.5%

GFS opened at $34.58 on Friday. The firm has a market cap of $19.12 billion, a P/E ratio of -164.66, a P/E/G ratio of 1.37 and a beta of 1.49. GlobalFoundries has a 12 month low of $29.77 and a 12 month high of $47.69. The company has a current ratio of 2.63, a quick ratio of 1.92 and a debt-to-equity ratio of 0.13. The stock has a 50-day moving average of $33.67 and a 200 day moving average of $35.83.

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

GlobalFoundries Company 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.

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