GlobalFoundries Inc. (NASDAQ:GFS) Given Consensus Recommendation of “Hold” by Brokerages

GlobalFoundries Inc. (NASDAQ:GFS) has been assigned a consensus rating of “Hold” from the fifteen research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $40.6154.

Several analysts have issued reports on the company. Wall Street Zen lowered GlobalFoundries from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. Wedbush increased their price target on GlobalFoundries from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of GlobalFoundries in a report on Wednesday, October 8th. Jefferies Financial Group reaffirmed a “hold” rating and set a $38.00 price objective on shares of GlobalFoundries in a research report on Monday, October 27th. Finally, Citigroup dropped their price objective on shares of GlobalFoundries from $37.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, November 13th.

Institutional Investors Weigh In On GlobalFoundries

Hedge funds have recently bought and sold shares of the stock. Clearstead Advisors LLC grew its position in shares of GlobalFoundries by 91.9% in the third quarter. Clearstead Advisors LLC now owns 808 shares of the company’s stock valued at $29,000 after purchasing an additional 387 shares during the last quarter. First Horizon Corp bought a new stake in GlobalFoundries in the 3rd quarter valued at $33,000. Allworth Financial LP grew its holdings in GlobalFoundries by 85.5% in the 2nd quarter. Allworth Financial LP now owns 894 shares of the company’s stock valued at $34,000 after buying an additional 412 shares in the last quarter. IFP Advisors Inc increased its position in GlobalFoundries by 824.7% during the 2nd quarter. IFP Advisors Inc now owns 897 shares of the company’s stock worth $38,000 after buying an additional 800 shares during the period. Finally, Frazier Financial Advisors LLC acquired a new stake in shares of GlobalFoundries during the third quarter worth $43,000.

GlobalFoundries Stock Performance

Shares of GFS stock opened at $36.12 on Wednesday. The company has a fifty day moving average price of $35.74 and a two-hundred day moving average price of $35.81. GlobalFoundries has a one year low of $29.77 and a one year high of $47.69. The stock has a market cap of $19.97 billion, a P/E ratio of -401.29, a P/E/G ratio of 1.54 and a beta of 1.49. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.03 and a quick ratio of 2.24.

GlobalFoundries (NASDAQ:GFS) last released its quarterly earnings data on Wednesday, November 12th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.05). GlobalFoundries had a positive return on equity of 6.64% and a negative net margin of 0.65%.The firm had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same quarter in the prior year, the firm earned $0.41 earnings per share. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. GlobalFoundries has set its Q4 2025 guidance at 0.420-0.520 EPS. As a group, equities analysts predict that GlobalFoundries will post 1.31 EPS for the current year.

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.