GlobalFoundries (NASDAQ:GFS) Releases Earnings Results, Beats Estimates By $0.06 EPS

Key Points

• GlobalFoundries reported earnings per share (EPS) of $0.42 for the quarter, exceeding analysts' expectations of $0.36, while also achieving a 3.4% year-over-year revenue increase to $1.69 billion.
• The company updated its Q3 2025 guidance to an EPS range of 0.330-0.430, indicating a cautious outlook for the coming quarters.
• Research analysts have shown positive sentiment towards GlobalFoundries, with several raising their price targets, resulting in a consensus rating of "Moderate Buy" and a price target of $47.92.

GlobalFoundries (NASDAQ:GFS - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06, Briefing.com reports. The firm had revenue of $1.69 billion during the quarter, compared to analysts' expectations of $1.68 billion. GlobalFoundries had a negative net margin of 1.68% and a positive return on equity of 6.55%. GlobalFoundries's revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.38 EPS. GlobalFoundries updated its Q3 2025 guidance to 0.330-0.430 EPS.

GlobalFoundries Stock Up 0.0%

Shares of GlobalFoundries stock traded up $0.01 on Friday, hitting $32.29. The company had a trading volume of 3,216,868 shares, compared to its average volume of 2,296,478. The stock has a 50-day moving average of $38.37 and a 200-day moving average of $37.98. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 1.77. GlobalFoundries has a twelve month low of $29.77 and a twelve month high of $47.69. The firm has a market capitalization of $17.85 billion, a P/E ratio of -153.75, a P/E/G ratio of 1.06 and a beta of 1.50.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Wedbush dropped their target price on GlobalFoundries from $48.00 to $40.00 and set an "outperform" rating for the company in a research report on Wednesday. Argus assumed coverage on shares of GlobalFoundries in a research report on Tuesday, July 1st. They set a "buy" rating and a $52.00 target price on the stock. Citigroup raised their target price on shares of GlobalFoundries from $35.00 to $42.00 and gave the company a "neutral" rating in a research note on Monday, July 7th. Morgan Stanley cut their price target on GlobalFoundries from $38.00 to $35.00 and set an "equal weight" rating on the stock in a research note on Wednesday. Finally, Wall Street Zen lowered GlobalFoundries from a "buy" rating to a "hold" rating in a research report on Saturday. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $44.92.

Institutional Investors Weigh In On GlobalFoundries

Institutional investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp lifted its position in shares of GlobalFoundries by 7,120.1% in the first quarter. Jones Financial Companies Lllp now owns 12,202 shares of the company's stock worth $450,000 after purchasing an additional 12,033 shares in the last quarter. AQR Capital Management LLC increased its stake in GlobalFoundries by 77.6% in the 1st quarter. AQR Capital Management LLC now owns 102,048 shares of the company's stock valued at $3,679,000 after buying an additional 44,599 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in GlobalFoundries by 4.4% during the 1st quarter. Royal Bank of Canada now owns 15,583 shares of the company's stock worth $575,000 after buying an additional 660 shares in the last quarter.

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.