NASDAQ:GFS GLOBALFOUNDRIES (GFS) Stock Price, News & Analysis → Better than Bitcoin? The Biotech Stock with 46,751% Potential (From Behind the Markets) (Ad) Free GFS Stock Alerts $47.79 +0.48 (+1.01%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$47.34▼$48.3650-Day Range$46.26▼$55.6652-Week Range$45.52▼$68.57Volume1.10 million shsAverage Volume1.56 million shsMarket Capitalization$26.18 billionP/E Ratio25.97Dividend YieldN/APrice Target$63.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get GLOBALFOUNDRIES alerts: Email Address GLOBALFOUNDRIES MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside32.0% Upside$63.08 Price TargetShort InterestBearish17.05% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.69Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth110.00%From $1.00 to $2.10 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.3.96 out of 5 starsComputer And Technology Sector180th out of 586 stocksSemiconductors & Related Devices Industry31st out of 88 stocks 4.3 Analyst's Opinion Consensus RatingGLOBALFOUNDRIES has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageGLOBALFOUNDRIES has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted17.05% of the float of GLOBALFOUNDRIES has been sold short.Short Interest Ratio / Days to CoverGLOBALFOUNDRIES has a short interest ratio ("days to cover") of 8.2.Change versus previous monthShort interest in GLOBALFOUNDRIES has recently increased by 1.91%, indicating that investor sentiment is decreasing. 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 2.1 News and Social Media Coverage News SentimentGLOBALFOUNDRIES has a news sentiment score of 0.69. 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 is a higher news sentiment than the 0.43 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for GLOBALFOUNDRIES this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for GFS on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.MarketBeat FollowsOnly 12 people have added GLOBALFOUNDRIES to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for GLOBALFOUNDRIES are expected to grow by 110.00% in the coming year, from $1.00 to $2.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GLOBALFOUNDRIES is 25.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.75.Price to Earnings Ratio vs. SectorThe P/E ratio of GLOBALFOUNDRIES is 25.97, 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 245.64.Price to Earnings Growth RatioGLOBALFOUNDRIES has a PEG Ratio of 3.91. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGLOBALFOUNDRIES has a P/B Ratio of 2.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsBetter than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.Get the name of the stock here >>> About GLOBALFOUNDRIES Stock (NASDAQ:GFS)GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units; and offers mainstream wafer fabrication services and technologies. 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 HeadlinesApril 24, 2024 | marketbeat.com3 Technologies to Challenge NAND Flash Dominance in AI (GFS)Artificial intelligence (AI) applications and platforms are growing like weeds. The arms race for AI superiority continues to be waged between the chip makersApril 3, 2024 | marketbeat.com4 Stocks with Surprisingly Large Short InterestAs the overall market continues to break records and achieve new heights, speculation and optimism are rising. During such periods, stocks with unusually high short interest tend to outperform, as the overall market's strength and bullish sentiment can overwhelm the fundamental reasons that caused bears to initiate short positions.April 25, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.April 3, 2024 | marketbeat.com4 Stocks with Surprisingly Large Short Interest (GFS)Gap, On Holding, Global Foundries, and Mobileye Global are four large-cap, well-known companies with a surprisingly significant short interest.April 25, 2024 | msn.com2 Semiconductor MANGO Stocks Trading Near 52-Week Lows As They Head Into Q1 EarningsApril 24, 2024 | uk.finance.yahoo.comAir Liquide continues its trajectory with another solid quarter, combining sales growth, performance improvement and investment momentumApril 22, 2024 | globenewswire.comGlobalFoundries Commits to Achieving Net Zero Emissions and Carbon-Neutral Power by 2050April 17, 2024 | investing.comEvercore ISI initiates coverage on GlobalFoundries stock with OutperformApril 25, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.April 17, 2024 | americanbankingnews.comGLOBALFOUNDRIES (NASDAQ:GFS) Now Covered by Analysts at Evercore ISIApril 17, 2024 | americanbankingnews.comGLOBALFOUNDRIES (NASDAQ:GFS) Given New $55.00 Price Target at Bank of AmericaApril 17, 2024 | benzinga.comGLOBALFOUNDRIES Stock (NASDAQ:GFS), Analyst Ratings, Price Targets, PredictionsApril 16, 2024 | msn.comEvercore ISI Group Initiates Coverage of GLOBALFOUNDRIES (GFS) with Outperform RecommendationApril 15, 2024 | americanbankingnews.comGLOBALFOUNDRIES Inc. (NASDAQ:GFS) Receives Average Rating of "Moderate Buy" from AnalystsApril 12, 2024 | theglobeandmail.comWhat TSMC, Intel, and GlobalFoundries Stock Investors Should Know About Recent CHIPS Act UpdatesApril 11, 2024 | msn.comTechnology Stocks Power the Broader Market HigherApril 9, 2024 | investing.com3 Semiconductor Stocks Blessed by the US CHIPS ActApril 8, 2024 | nasdaq.comGFS Quantitative Stock AnalysisApril 8, 2024 | msn.comApplied Materials replaces GlobalFoundries in Cantor's top 5 list ahead of earnings seasonApril 5, 2024 | globenewswire.comGlobalFoundries Announces Conference Call to Review First Quarter 2024 Financial ResultsApril 4, 2024 | seekingalpha.comTSMC: Continues To Trade Cheap Heading Towards Q1 2024April 4, 2024 | msn.comBroader Market Gains as Chip Stocks Rally and Bond Yields DeclineMarch 29, 2024 | nasdaq.comJune 21st Options Now Available For GlobalFoundries (GFS)March 28, 2024 | seekingalpha.comGLOBALFOUNDRIES - Mixed Outlook But Limited Downside, Initiating With A HoldMarch 27, 2024 | finance.yahoo.comTeramount and GlobalFoundries Collaborate to Advance Silicon PhotonicsMarch 18, 2024 | forbes.comHumanoid AI Smart Robots Driving New Job RealitiesMarch 18, 2024 | investorplace.comBeyond the Biggies: 3 Alternative Chip Stocks Gaining TractionSee 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 Earnings2/13/2024Today4/25/2024Next Earnings (Confirmed)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:GFS CUSIPN/A CIK1709048 Webwww.globalfoundries.com Phone518-305-9013FaxN/AEmployees14,000Year FoundedN/APrice Target and Rating Average Stock Price Target$63.08 High Stock Price Target$80.00 Low Stock Price Target$48.00 Potential Upside/Downside+32.0%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.84 Trailing P/E Ratio25.97 Forward P/E Ratio47.79 P/E Growth3.91Net Income$1.02 billion Net Margins13.80% Pretax Margin14.66% Return on Equity10.16% Return on Assets6.09% Debt Debt-to-Equity Ratio0.16 Current Ratio2.04 Quick Ratio1.56 Sales & Book Value Annual Sales$7.39 billion Price / Sales3.54 Cash Flow$4.78 per share Price / Cash Flow10.00 Book Value$20.36 per share Price / Book2.35Miscellaneous Outstanding Shares547,760,000Free FloatN/AMarket Cap$26.18 billion OptionableNot Optionable Beta1.61 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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:MXIMASE TechnologyNYSE:ASXMonolithic Power SystemsNASDAQ:MPWRUnited MicroelectronicsNYSE:UMCView All CompetitorsInstitutional OwnershipSimplex Trading LLCBought 36,600 shares on 4/25/2024Ownership: 0.000%Louisiana State Employees Retirement SystemSold 600 shares on 4/23/2024Ownership: 0.008%Sumitomo Mitsui Trust Holdings Inc.Bought 12,487 shares on 4/19/2024Ownership: 0.015%Norden Group LLCBought 7,668 shares on 4/19/2024Ownership: 0.001%IMC Chicago LLCBought 41,800 shares on 4/13/2024Ownership: 0.000%View All Institutional Transactions GFS Stock Analysis - Frequently Asked Questions Should I buy or sell GLOBALFOUNDRIES stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GLOBALFOUNDRIES in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GFS shares. View GFS analyst ratings or view top-rated stocks. What is GLOBALFOUNDRIES's stock price target for 2024? 12 Wall Street analysts have issued twelve-month price objectives for GLOBALFOUNDRIES's shares. Their GFS share price targets range from $48.00 to $80.00. On average, they anticipate the company's share price to reach $63.08 in the next twelve months. This suggests a possible upside of 32.0% from the stock's current price. View analysts price targets for GFS or view top-rated stocks among Wall Street analysts. How have GFS shares performed in 2024? GLOBALFOUNDRIES's stock was trading at $60.60 at the beginning of 2024. Since then, GFS shares have decreased by 21.1% and is now trading at $47.79. View the best growth stocks for 2024 here. When is GLOBALFOUNDRIES's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our GFS earnings forecast. How can I listen to GLOBALFOUNDRIES's earnings call? GLOBALFOUNDRIES will be holding an earnings conference call on Tuesday, May 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were GLOBALFOUNDRIES's earnings last quarter? GLOBALFOUNDRIES Inc. (NASDAQ:GFS) announced its earnings results on Tuesday, February, 13th. The company reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.85 billion. GLOBALFOUNDRIES had a trailing twelve-month return on equity of 10.16% and a net margin of 13.80%. The business's revenue was down 11.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.37 earnings per share. What ETFs hold GLOBALFOUNDRIES's stock? ETFs with the largest weight of GLOBALFOUNDRIES (NASDAQ:GFS) stock in their portfolio include Innovator Deepwater Frontier Tech ETF (LOUP), First Trust NASDAQ 100 Technology Index Fund (QTEC), Invesco PHLX Semiconductor ETF (SOXQ), First Trust Technology AlphaDEX Fund (FXL), Renaissance IPO ETF (IPO), WisdomTree Artificial Intelligence and Innovation Fund (WTAI), Global X Internet of Things Thematic ETF (SNSR) and Fidelity Blue Chip Growth ETF (FBCG). What guidance has GLOBALFOUNDRIES issued on next quarter's earnings? GLOBALFOUNDRIES updated its first quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of 0.180-0.280 for the period, compared to the consensus earnings per share estimate of 0.460. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.8 billion. When did GLOBALFOUNDRIES IPO? GLOBALFOUNDRIES (GFS) raised $2.4 billion in an initial public offering (IPO) 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 stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Rheos Capital Works Inc. (0.05%), Sumitomo Mitsui Trust Holdings Inc. (0.02%), Renaissance Capital LLC (0.01%), Louisiana State Employees Retirement System (0.01%), IMC Chicago LLC (0.00%) and Simplex Trading LLC (0.00%). 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 4/25/2024 by MarketBeat.com Staff From Our PartnersThese AI trades triggered this morning (545% return)Prosper Trading AcademyConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsJim Cramer’s “The Biggest Drug Ever”Behind the MarketsYour Money is Not SafeAmerican AlternativeThe AI stock to buy right nowStockEarningsThe only accurate crypto trading system I know …Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding GLOBALFOUNDRIES Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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