GlobalFoundries (NASDAQ:GFS) Price Target Raised to $60.00 at Robert W. Baird

GlobalFoundries (NASDAQ:GFS) had its target price upped by Robert W. Baird from $40.00 to $60.00 in a research note issued to investors on Thursday morning, MarketBeat reports. The brokerage currently has an outperform rating on the stock.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. lowered their price target on shares of GlobalFoundries from $40.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, November 13th. UBS Group reiterated a “neutral” rating and issued a $45.00 price target on shares of GlobalFoundries in a research note on Monday, February 2nd. Evercore raised their price target on shares of GlobalFoundries from $43.00 to $45.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. Wedbush lowered shares of GlobalFoundries from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $42.00 to $40.00 in a report on Wednesday, December 31st. Finally, The Goldman Sachs Group boosted their target price on shares of GlobalFoundries from $40.00 to $46.00 and gave the company a “neutral” rating in a research report on Wednesday. Six analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $46.13.

GlobalFoundries Price Performance

NASDAQ:GFS opened at $48.70 on Thursday. 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 stock’s 50-day simple moving average is $40.27 and its 200 day simple moving average is $36.43. GlobalFoundries has a 52-week low of $29.77 and a 52-week high of $50.98. The company has a market cap of $26.93 billion, a P/E ratio of 30.63, a P/E/G ratio of 2.00 and a beta of 1.50.

GlobalFoundries (NASDAQ:GFS) last released its quarterly earnings data on Wednesday, February 11th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.08. GlobalFoundries had a net margin of 13.05% and a return on equity of 6.94%. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same period in the previous year, the business earned $0.46 EPS. GlobalFoundries’s revenue for the quarter was up .0% compared to the same quarter last year. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. As a group, sell-side analysts forecast that GlobalFoundries will post 1.31 EPS for the current fiscal year.

Hedge Funds Weigh In On GlobalFoundries

Hedge funds have recently modified their holdings of the company. Profund Advisors LLC raised its position in GlobalFoundries by 0.7% during the 3rd quarter. Profund Advisors LLC now owns 45,349 shares of the company’s stock valued at $1,625,000 after purchasing an additional 299 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its stake in shares of GlobalFoundries by 9.3% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 3,575 shares of the company’s stock valued at $125,000 after purchasing an additional 305 shares during the period. The Manufacturers Life Insurance Company increased its holdings in GlobalFoundries by 3.4% during the second quarter. The Manufacturers Life Insurance Company now owns 9,744 shares of the company’s stock valued at $372,000 after buying an additional 324 shares during the last quarter. California State Teachers Retirement System lifted its stake in shares of GlobalFoundries by 5.7% during the 2nd quarter. California State Teachers Retirement System now owns 6,480 shares of the company’s stock valued at $248,000 after buying an additional 347 shares in the last quarter. Finally, Covestor Ltd raised its position in shares of GlobalFoundries by 57.6% during the fourth quarter. Covestor Ltd now owns 955 shares of the company’s stock valued at $33,000 after buying an additional 349 shares during the last quarter.

Key Headlines Impacting GlobalFoundries

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: Q4 beat and buyback — GFS reported Q4 EPS of $0.55 versus $0.47 expected and revenue slightly above estimates; management authorized up to $500M for share repurchases, supporting shareholder returns and near-term upside. GlobalFoundries rises after Q4 beat, plans up to $500M buyback
• Positive Sentiment: Analyst upgrades/price-target raises — Multiple firms raised targets (Needham to $55, Baird to $60) and reiterated bullish views, signaling increased analyst conviction in margin expansion and growth opportunities. Baird price-target raise
• Positive Sentiment: Unusual options activity — Heavy retail/trader demand for calls (≈15,176 contracts, ~139% above average) is a bullish short-term signal that can amplify upside momentum. No link available
• Positive Sentiment: Strategic growth narrative — Coverage highlighting margin-accretive growth from silicon photonics, power management and GaN partnerships strengthens the long-term investment case. Margin-Accretive Growth Coming Fast
• Neutral Sentiment: Investor webinar scheduled — Company will host a presentation on silicon photonics and advanced packaging; useful for longer-term thesis but unlikely to change near-term fundamentals immediately. Investor webinar announcement
• Neutral Sentiment: Earnings call / transcripts available — Full call and slide deck are out for deeper due diligence; they reinforce points above but add no new surprise. Q4 2025 earnings call transcript
• Negative Sentiment: Q1 revenue guide below consensus — GFS guided Q1 revenue to roughly $1.6–$1.7B vs. street ~ $1.8B, which is a near-term growth miss that may cap upside despite the beat and buyback. Press release with guidance
• Neutral Sentiment: Short-interest entries appear erroneous — Recent filings in the feed show 0 shares/NaN increases, which look like data glitches and do not indicate meaningful short pressure. No link available

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.