GlobalFoundries Inc. (NASDAQ:GFS) Short Interest Update

Key Points

• GlobalFoundries experienced a 28.4% drop in short interest in April to 12,358,219 shares, leaving the short-interest ratio at 4.9 days and about 2.2% of shares sold short.
• Shares jumped 5.5% to $62.74 on higher-than-average volume; the company has a market cap of roughly $34.9 billion and a P/E of about 39.5, with a 12-month high near $65.05.
• GlobalFoundries beat quarterly estimates with EPS of $0.55 vs. $0.47 expected and $1.83 billion in revenue, and issued Q1 2026 guidance of $0.30–$0.40 while analysts project about $1.37 EPS for the year.

GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 12,358,219 shares, a decrease of 28.4% from the March 31st total of 17,262,602 shares. Based on an average trading volume of 2,504,598 shares, the short-interest ratio is currently 4.9 days. Currently, 2.2% of the company's stock are sold short.

GlobalFoundries Stock Up 5.5%

GFS stock traded up $3.25 during midday trading on Wednesday, hitting $62.74. The company's stock had a trading volume of 4,577,346 shares, compared to its average volume of 3,976,657. The company has a market cap of $34.91 billion, a PE ratio of 39.46, a P/E/G ratio of 2.38 and a beta of 1.46. GlobalFoundries has a 12 month low of $31.51 and a 12 month high of $65.05. The company has a current ratio of 2.62, a quick ratio of 1.95 and a debt-to-equity ratio of 0.13. The firm's 50-day moving average is $48.32 and its 200-day moving average is $41.83.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.08. The business had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.80 billion. GlobalFoundries had a return on equity of 6.86% and a net margin of 13.05%.The firm's quarterly revenue was up .0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.46 EPS. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. On average, equities research analysts forecast that GlobalFoundries will post 1.37 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other GlobalFoundries news, insider Samak L. Azar sold 500 shares of the company's stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $59.66, for a total transaction of $29,830.00. Following the transaction, the insider owned 16,994 shares in the company, valued at approximately $1,013,862.04. This represents a 2.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 company's stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $58.46, for a total value of $233,840.00. Following the transaction, the director owned 18,867 shares in the company, valued at $1,102,964.82. This trade represents a 17.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 12,400 shares of company stock worth $629,980.

Institutional Investors Weigh In On GlobalFoundries

Hedge funds have recently added to or reduced their stakes in the stock. WealthCollab LLC raised its stake in GlobalFoundries by 674.7% during the 4th quarter. WealthCollab LLC now owns 705 shares of the company's stock valued at $25,000 after buying an additional 614 shares during the last quarter. True Wealth Design LLC raised its stake in GlobalFoundries by 216.7% during the 4th quarter. True Wealth Design LLC now owns 795 shares of the company's stock valued at $28,000 after buying an additional 544 shares during the last quarter. Clearstead Advisors LLC raised its stake in GlobalFoundries by 91.9% during the 3rd quarter. Clearstead Advisors LLC now owns 808 shares of the company's stock valued at $29,000 after buying an additional 387 shares during the last quarter. First Horizon Corp purchased a new stake in shares of GlobalFoundries in the 3rd quarter worth $33,000. Finally, Covestor Ltd increased its stake in shares of GlobalFoundries by 57.6% in the 4th quarter. Covestor Ltd now owns 955 shares of the company's stock worth $33,000 after purchasing an additional 349 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on GFS. The Goldman Sachs Group upped their target price on GlobalFoundries from $40.00 to $46.00 and gave the stock a "neutral" rating in a report on Wednesday, February 11th. Dbs Bank cut GlobalFoundries from a "moderate buy" rating to a "hold" rating in a research report on Friday, February 13th. Citigroup boosted their price target on GlobalFoundries from $42.00 to $49.00 and gave the stock a "neutral" rating in a research report on Thursday, February 12th. Zacks Research raised GlobalFoundries from a "strong sell" rating to a "hold" rating in a research report on Friday, January 30th. Finally, Robert W. Baird upped their price objective on GlobalFoundries from $40.00 to $60.00 and gave the company an "outperform" rating in a research report on Thursday, February 12th. Six equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, GlobalFoundries currently has a consensus rating of "Hold" and an average price target of $46.13.

GlobalFoundries Company Profile

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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