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Written by MarketBeat
September 16, 2025
GlobalFoundries logo with Computer and Technology background

Key Points

  • GlobalFoundries has been upgraded from a "hold" to a "buy" rating by Wall Street Zen, indicating increased analyst confidence in the stock's performance.
  • Several brokerages have varied price targets for GlobalFoundries, with Citigroup raising their target from $35.00 to $42.00 while Argus set a target of $52.00.
  • The company reported earnings of $0.42 per share for the last quarter, surpassing estimates, indicating a 3.4% increase in revenue year-over-year.
  • Five stocks we like better than GlobalFoundries.
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