GlobalFoundries (NASDAQ:GFS - Get Free Report) updated its third quarter 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.330-0.430 for the period, compared to the consensus estimate of 0.408. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.8 billion.
Analyst Ratings Changes
A number of research firms recently issued reports on GFS. Argus began coverage on GlobalFoundries in a report on Tuesday, July 1st. They set a "buy" rating and a $52.00 price objective for the company. The Goldman Sachs Group began coverage on GlobalFoundries in a report on Thursday, July 10th. They set a "neutral" rating and a $40.00 price objective for the company. UBS Group decreased their price objective on GlobalFoundries from $43.00 to $37.00 and set a "neutral" rating for the company in a report on Wednesday. Wedbush decreased their price objective on GlobalFoundries from $48.00 to $40.00 and set an "outperform" rating for the company in a report on Wednesday. Finally, Cantor Fitzgerald reiterated a "neutral" rating on shares of GlobalFoundries in a report on Monday, May 5th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $44.92.
Get Our Latest Research Report on GFS
GlobalFoundries Stock Performance
Shares of NASDAQ GFS traded up $0.01 during midday trading on Friday, hitting $32.29. 3,216,868 shares of the company's stock were exchanged, compared to its average volume of 2,296,478. The company has a quick ratio of 1.77, a current ratio of 2.63 and a debt-to-equity ratio of 0.13. GlobalFoundries has a 12 month low of $29.77 and a 12 month high of $47.69. The company's 50 day moving average price is $38.37 and its 200 day moving average price is $37.95. The firm has a market capitalization of $17.85 billion, a PE ratio of -153.75, a price-to-earnings-growth ratio of 1.06 and a beta of 1.50.
GlobalFoundries (NASDAQ:GFS - Get Free Report) last issued its 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. GlobalFoundries had a positive return on equity of 6.55% and a negative net margin of 1.68%. The company had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same period in the previous year, the company posted $0.38 EPS. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. As a group, analysts predict that GlobalFoundries will post 1.31 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in GFS. AQR Capital Management LLC lifted its holdings in GlobalFoundries by 77.6% during the 1st quarter. AQR Capital Management LLC now owns 102,048 shares of the company's stock worth $3,679,000 after purchasing an additional 44,599 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in GlobalFoundries by 7,120.1% during the 1st 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 during the last quarter. Finally, Royal Bank of Canada lifted its holdings 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 purchasing an additional 660 shares during the last quarter.
About GlobalFoundries
(
Get Free Report)
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.
See Also
Before you consider GlobalFoundries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GlobalFoundries wasn't on the list.
While GlobalFoundries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
