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

GlobalFoundries Inc. (NASDAQ:GFS) has been given a consensus rating of “Hold” by the sixteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $41.00.

A number of analysts have recently weighed in on the stock. Citigroup boosted their price objective on shares of GlobalFoundries from $35.00 to $42.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. BNP Paribas Exane began coverage on shares of GlobalFoundries in a research report on Friday, October 24th. They set an “outperform” rating and a $45.00 target price for the company. Evercore ISI raised their price target on GlobalFoundries from $43.00 to $45.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. JPMorgan Chase & Co. cut their price objective on GlobalFoundries from $40.00 to $35.00 and set a “neutral” rating for the company in a research report on Thursday, November 13th. Finally, Wedbush lowered GlobalFoundries from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $42.00 to $40.00 in a report on Wednesday, December 31st.

GlobalFoundries Stock Performance

GFS opened at $42.85 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.24 and a current ratio of 3.03. The company has a market cap of $23.69 billion, a PE ratio of -476.06, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The stock has a 50-day moving average of $37.77 and a 200-day moving average of $36.06. GlobalFoundries has a 52-week low of $29.77 and a 52-week high of $47.69.

GlobalFoundries (NASDAQ:GFS) last posted its earnings results 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). The company had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.68 billion. GlobalFoundries had a positive return on equity of 6.64% and a negative net margin of 0.65%.The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 earnings per share. GlobalFoundries has set its Q4 2025 guidance at 0.420-0.520 EPS. As a group, equities research analysts forecast that GlobalFoundries will post 1.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC boosted its holdings in GlobalFoundries by 168.2% during the third quarter. AQR Capital Management LLC now owns 2,607,792 shares of the company’s stock valued at $93,463,000 after purchasing an additional 1,635,338 shares in the last quarter. Squarepoint Ops LLC grew its position in GlobalFoundries by 137.8% in the third quarter. Squarepoint Ops LLC now owns 1,300,189 shares of the company’s stock valued at $46,599,000 after acquiring an additional 753,376 shares during the period. Two Sigma Investments LP raised its stake in GlobalFoundries by 1,789.3% during the third quarter. Two Sigma Investments LP now owns 657,269 shares of the company’s stock worth $23,557,000 after acquiring an additional 622,480 shares in the last quarter. Marshall Wace LLP bought a new position in shares of GlobalFoundries during the second quarter valued at $22,595,000. Finally, Woodline Partners LP boosted its stake in shares of GlobalFoundries by 76.9% in the 3rd quarter. Woodline Partners LP now owns 1,110,131 shares of the company’s stock valued at $39,787,000 after purchasing an additional 482,448 shares in the last quarter.

GlobalFoundries Company Profile

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.