NASDAQ:GFS GLOBALFOUNDRIES (GFS) Stock Price, News & Analysis $51.75 +0.81 (+1.59%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$51.42▼$52.3150-Day Range$47.67▼$58.3952-Week Range$45.52▼$63.85Volume845,197 shsAverage Volume1.63 million shsMarket Capitalization$28.55 billionP/E Ratio31.94Dividend YieldN/APrice Target$59.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get GLOBALFOUNDRIES alerts: Email Address GLOBALFOUNDRIES MarketRank™ Stock AnalysisAnalyst RatingHold2.46 Rating ScoreUpside/Downside14.0% Upside$59.00 Price TargetShort InterestHealthy13.36% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.63Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth88.68%From $1.06 to $2.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.85 out of 5 starsComputer And Technology Sector177th out of 612 stocksSemiconductors & Related Devices Industry32nd out of 89 stocks 3.2 Analyst's Opinion Consensus RatingGLOBALFOUNDRIES has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 6 buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageGLOBALFOUNDRIES has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about GLOBALFOUNDRIES's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted13.36% of the float of GLOBALFOUNDRIES has been sold short.Short Interest Ratio / Days to CoverGLOBALFOUNDRIES has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in GLOBALFOUNDRIES has recently decreased by 5.97%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldGLOBALFOUNDRIES does not currently pay a dividend.Dividend GrowthGLOBALFOUNDRIES does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GFS. Previous Next 2.6 News and Social Media Coverage News SentimentGLOBALFOUNDRIES has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for GLOBALFOUNDRIES this week, compared to 6 articles on an average week.Search Interest10 people have searched for GFS on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat Follows4 people have added GLOBALFOUNDRIES to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, GLOBALFOUNDRIES insiders have not sold or bought any company stock.Read more about GLOBALFOUNDRIES's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for GLOBALFOUNDRIES are expected to grow by 88.68% in the coming year, from $1.06 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GLOBALFOUNDRIES is 31.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.26.Price to Earnings Ratio vs. SectorThe P/E ratio of GLOBALFOUNDRIES is 31.94, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 264.21.Price to Earnings Growth RatioGLOBALFOUNDRIES has a PEG Ratio of 4.86. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGLOBALFOUNDRIES has a P/B Ratio of 2.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about GLOBALFOUNDRIES's valuation and earnings. 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The company was founded in 2009 and is based in Malta, New York.Read More GFS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GFS Stock News HeadlinesJuly 5, 2024 | marketbeat.comQualcomm Stock Continues to Rise in the Face of Negative News (GFS)Qualcomm is a global leader in the semiconductor industry. Despite negative recent news, shares continue to rise, and analysts are upping their price targets.July 24 at 4:02 AM | americanbankingnews.comGLOBALFOUNDRIES (NASDAQ:GFS) versus Semtech (NASDAQ:SMTC) Financial SurveyJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 21, 2024 | benzinga.comGLOBALFOUNDRIES (NASDAQ:GFS) Stock, Short Interest ReportJuly 19, 2024 | finance.yahoo.comIs Now The Time To Look At Buying GlobalFoundries Inc. (NASDAQ:GFS)?July 19, 2024 | americanbankingnews.comGLOBALFOUNDRIES (NASDAQ:GFS) and Viavi Solutions (NASDAQ:VIAV) Head-To-Head ComparisonJuly 17, 2024 | investopedia.comWhy Intel, GlobalFoundries Are Gaining as Nvidia and Other Chip Stocks DropJuly 17, 2024 | fool.comWhy GlobalFoundries Stock Soared 7% on WednesdayJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 17, 2024 | americanbankingnews.comCantor Fitzgerald Reiterates "Neutral" Rating for GLOBALFOUNDRIES (NASDAQ:GFS)July 8, 2024 | globenewswire.comGlobalFoundries Announces Conference Call to Review Second Quarter 2024 Financial ResultsJuly 8, 2024 | globenewswire.comGlobalFoundries Announces Conference Call to Review Second Quarter 2024 Financial ResultsJuly 5, 2024 | cnbc.comGlobalFoundries races to find semiconductor talent as demand for chips soarsJuly 1, 2024 | globenewswire.comGlobalFoundries Acquires Tagore Technology's GaN Technology to Accelerate Disruptive Power Management SolutionsJune 26, 2024 | investorplace.com3 Semiconductor Stocks to Buy on the Dip: June 2024June 25, 2024 | seekingalpha.comGlobalFoundries May Continue Its Decline Into eFY25June 22, 2024 | seekingalpha.comGlobalFoundries: Why Short Interest Is ElevatedJune 20, 2024 | seekingalpha.comGlobalFoundries: Same Headwinds, Different Quarter - Hold RatingSee More Headlines Receive GFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for GLOBALFOUNDRIES and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today7/27/2024Next Earnings (Confirmed)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryElectronic Equipment Current SymbolNASDAQ:GFS CUSIPN/A CIK1709048 Webwww.globalfoundries.com Phone518-305-9013FaxN/AEmployees12,000Year FoundedN/APrice Target and Rating Average Stock Price Target$59.00 High Stock Price Target$71.00 Low Stock Price Target$43.00 Potential Upside/Downside+14.0%Consensus RatingHold Rating Score (0-4)2.46 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$1.62 Trailing P/E Ratio31.94 Forward P/E Ratio48.82 P/E Growth4.86Net Income$1.02 billion Net Margins12.66% Pretax Margin13.55% Return on Equity8.78% Return on Assets5.33% Debt Debt-to-Equity Ratio0.22 Current Ratio2.18 Quick Ratio1.59 Sales & Book Value Annual Sales$7.10 billion Price / Sales4.02 Cash Flow$4.54 per share Price / Cash Flow11.41 Book Value$20.15 per share Price / Book2.57Miscellaneous Outstanding Shares551,765,000Free FloatN/AMarket Cap$28.55 billion OptionableNot Optionable Beta1.56 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesDr. Thomas H. Caulfield DES (Age 65)Ph.D., President, CEO & Director Mr. John C. Hollister CPA (Age 54)Chief Financial Officer Mr. Timothy Graham Breen (Age 46)Chief Operating Officer & Director Mr. William G. BillingsChief Accounting OfficerMr. Gregg Bartlett (Age 62)Chief Technology Officer Mr. Brad ClayChief Information OfficerMr. Sam FranklinVice President of Capital Markets & Investor RelationsMr. Saam Azar J.D. (Age 48)Senior VP, Chief Legal Officer & Secretary Ms. Laurie KellyChief Communications OfficerMs. Pradheepa Raman (Age 43)Chief People Officer More ExecutivesKey CompetitorsOnsemiNASDAQ:ONMaxim Integrated ProductsNASDAQ:MXIMSTMicroelectronicsNYSE:STMHubbellNYSE:HUBBUnited MicroelectronicsNYSE:UMCView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpSold 30,285 shares on 7/26/2024Ownership: 0.092%Louisiana State Employees Retirement SystemBought 900 shares on 7/24/2024Ownership: 0.008%Lecap Asset Management Ltd.Bought 38,253 shares on 7/23/2024Ownership: 0.007%Sanibel Captiva Trust Company Inc.Bought 4,950 shares on 7/22/2024Ownership: 0.001%Raymond James & AssociatesSold 4,318 shares on 7/19/2024Ownership: 0.010%View All Institutional Transactions Should I Buy GLOBALFOUNDRIES Stock? GFS Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in GLOBALFOUNDRIES Inc.: GLOBALFOUNDRIES stock price is currently trading at $50.76, showing potential for growth based on analyst ratings and target prices. The company reported a higher-than-expected EPS of $0.24 for the last quarter, indicating strong financial performance. Recent analyst coverage includes "outperform" and "buy" ratings, suggesting positive sentiment towards the company's future prospects. Increasing institutional investments in GLOBALFOUNDRIES stock by notable entities like Vanguard and ICICI Prudential Asset Management Co Ltd. Operates as a semiconductor foundry worldwide, positioning itself in a growing industry with high demand for semiconductor products. Cons Investors should be bearish about investing in GLOBALFOUNDRIES Inc. for these reasons: Multiple analyst downgrades and lowered price targets, indicating potential challenges or uncertainties in the company's future performance. The stock has experienced a decline from its 1-year high of $68.57, suggesting possible volatility or market pressures affecting its value. Debt-to-equity ratio of 0.22 may raise concerns about the company's financial leverage and ability to manage debt obligations. Market consensus rating of "Moderate Buy" may imply mixed opinions among analysts, leading to uncertainty in the stock's future trajectory. Current price-to-earnings ratio of 31.33 and P/E/G ratio of 4.68 may indicate the stock is relatively overvalued compared to industry peers. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these GLOBALFOUNDRIES pros and cons to contact@marketbeat.com. GFS Stock Analysis - Frequently Asked Questions How have GFS shares performed this year? GLOBALFOUNDRIES's stock was trading at $60.60 at the start of the year. Since then, GFS shares have decreased by 14.6% and is now trading at $51.75. View the best growth stocks for 2024 here. How were GLOBALFOUNDRIES's earnings last quarter? GLOBALFOUNDRIES Inc. (NASDAQ:GFS) announced its earnings results on Tuesday, May, 7th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.09. The business earned $1.55 billion during the quarter, compared to the consensus estimate of $1.52 billion. GLOBALFOUNDRIES had a trailing twelve-month return on equity of 8.78% and a net margin of 12.66%. When did GLOBALFOUNDRIES IPO? GLOBALFOUNDRIES (GFS) raised $2.4 billion in an initial public offering on Thursday, October 28th 2021. The company issued 55,000,000 shares at a price of $42.00-$47.00 per share. Who are GLOBALFOUNDRIES's major shareholders? GLOBALFOUNDRIES's top institutional shareholders include Bank of New York Mellon Corp (0.09%), Sumitomo Mitsui Trust Holdings Inc. (0.02%), Renaissance Capital LLC (0.02%) and Raymond James & Associates (0.01%). How do I buy shares of GLOBALFOUNDRIES? Shares of GFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:GFS) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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