Needham & Company LLC Issues Positive Forecast for GlobalFoundries (NASDAQ:GFS) Stock Price

GlobalFoundries (NASDAQ:GFS) had its target price boosted by Needham & Company LLC from $42.00 to $55.00 in a report published on Thursday, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Several other equities research analysts have also recently issued reports on GFS. Citigroup raised their target price on GlobalFoundries from $35.00 to $42.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Weiss Ratings reissued a “sell (d)” rating on shares of GlobalFoundries in a research report on Thursday, January 22nd. Wall Street Zen cut shares of GlobalFoundries from a “buy” rating to a “hold” rating in a research report on Saturday, November 15th. Evercore lifted their price target on shares of GlobalFoundries from $43.00 to $45.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Finally, JPMorgan Chase & Co. reduced their price target on shares of GlobalFoundries from $40.00 to $35.00 and set a “neutral” rating on the stock in a research note on Thursday, November 13th. Six investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $46.13.

GlobalFoundries Stock Down 0.1%

GFS stock opened at $48.70 on Thursday. The company has a current ratio of 3.03, a quick ratio of 2.24 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average of $40.27 and a two-hundred day moving average of $36.43. GlobalFoundries has a 12 month low of $29.77 and a 12 month high of $50.98. The company has a market cap of $26.93 billion, a price-to-earnings ratio of 30.63, a PEG ratio of 2.00 and a beta of 1.50.

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

Institutional Trading of GlobalFoundries

A number of large investors have recently made changes to their positions in GFS. Royal Bank of Canada lifted its stake in GlobalFoundries by 4.4% in the first quarter. Royal Bank of Canada now owns 15,583 shares of the company’s stock worth $575,000 after acquiring an additional 660 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of GlobalFoundries by 77.6% during the 1st quarter. AQR Capital Management LLC now owns 102,048 shares of the company’s stock worth $3,679,000 after purchasing an additional 44,599 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of GlobalFoundries by 7,120.1% during the first quarter. Jones Financial Companies Lllp now owns 12,202 shares of the company’s stock worth $450,000 after purchasing an additional 12,033 shares in the last quarter. IFP Advisors Inc increased its holdings in GlobalFoundries by 824.7% in the second quarter. IFP Advisors Inc now owns 897 shares of the company’s stock valued at $38,000 after buying an additional 800 shares during the last quarter. Finally, Aberdeen Group plc raised its stake in GlobalFoundries by 6.1% in the second quarter. Aberdeen Group plc now owns 72,735 shares of the company’s stock valued at $2,778,000 after buying an additional 4,151 shares in the last quarter.

More GlobalFoundries News

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.