GlobalFoundries (NASDAQ:GFS) Reaches New 52-Week High - Here's Why

Key Points

• 52-week high: Shares of GlobalFoundries hit a new 52-week high of $65.05 (last $64.88) as volume rose, giving the company a market cap of $36.12 billion with 50‑day/200‑day SMAs at $48.71/$41.99.
• Earnings beat and guidance: The company reported Q results of $0.55 EPS vs. $0.47 expected and $1.83B revenue vs. $1.80B expected, and set Q1 2026 EPS guidance of $0.30–$0.40 while analysts’ average target remains $46.13 (consensus "Hold").
• Mixed ownership signals: Several insiders sold shares under pre‑arranged Rule 10b5‑1 plans recently, but large institutional investors (AQR, Marshall Wace, UBS, Balyasny, HRT) materially increased their stakes, showing divergence between insider and institutional activity.

Shares of GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $65.05 and last traded at $64.8820, with a volume of 923559 shares. The stock had previously closed at $64.60.

Analyst Ratings Changes

GFS has been the subject of several research reports. UBS Group set a $50.00 price objective on shares of GlobalFoundries in a research report on Thursday, February 12th. Morgan Stanley set a $43.00 price objective on shares of GlobalFoundries in a research report on Monday, February 9th. TD Cowen reissued a "buy" rating on shares of GlobalFoundries in a research report on Thursday, February 12th. Citigroup boosted their price objective on shares of GlobalFoundries from $42.00 to $49.00 and gave the company a "neutral" rating in a research report on Thursday, February 12th. Finally, Robert W. Baird boosted their price objective on shares of GlobalFoundries from $40.00 to $60.00 and gave the company an "outperform" rating in a research report on Thursday, February 12th. Six analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $46.13.

GlobalFoundries Stock Performance

The company has a market capitalization of $36.12 billion, a PE ratio of 40.82, a PEG ratio of 2.48 and a beta of 1.46. 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 simple moving average is $48.71 and its 200-day simple moving average is $41.99.

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 company had revenue of $1.83 billion during the quarter, compared to analysts' expectations of $1.80 billion. GlobalFoundries had a net margin of 13.05% and a return on equity of 6.86%. The firm's quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 EPS. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. On average, research analysts predict that GlobalFoundries Inc. will post 1.37 earnings per share for the current year.

Insider Activity

In other news, insider Michael James Hogan sold 2,300 shares of the business's stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $60.69, for a total value of $139,587.00. Following the completion of the sale, the insider owned 16,045 shares in the company, valued at approximately $973,771.05. The trade was a 12.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Samak L. Azar sold 500 shares of the business's stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $59.66, for a total transaction of $29,830.00. Following the completion of the sale, the insider owned 16,994 shares of the company's stock, valued at approximately $1,013,862.04. This represents a 2.86% 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 sold 14,700 shares of company stock worth $769,567.

Institutional Investors Weigh In On GlobalFoundries

Several large investors have recently modified their holdings of GFS. HRT Financial LP bought a new stake in shares of GlobalFoundries in the 4th quarter valued at about $62,996,000. AQR Capital Management LLC raised its holdings in shares of GlobalFoundries by 168.2% in the 3rd quarter. AQR Capital Management LLC now owns 2,607,792 shares of the company's stock valued at $93,463,000 after purchasing an additional 1,635,338 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of GlobalFoundries by 126.0% in the 4th quarter. Marshall Wace LLP now owns 2,382,003 shares of the company's stock valued at $83,180,000 after purchasing an additional 1,328,129 shares in the last quarter. UBS Group AG raised its holdings in shares of GlobalFoundries by 136.7% in the 4th quarter. UBS Group AG now owns 1,809,232 shares of the company's stock valued at $63,178,000 after purchasing an additional 1,044,755 shares in the last quarter. Finally, Balyasny Asset Management L.P. raised its holdings in shares of GlobalFoundries by 15,179.8% in the 4th quarter. Balyasny Asset Management L.P. now owns 919,867 shares of the company's stock valued at $32,122,000 after purchasing an additional 925,967 shares in the last quarter.

About GlobalFoundries

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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