GlobalFoundries Inc. (NASDAQ:GFS) Receives Average Rating of “Hold” from Analysts

GlobalFoundries Inc. (NASDAQ:GFS) has been given an average rating of “Hold” by the twenty ratings firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $46.1333.

A number of brokerages recently issued reports on GFS. Bank of America lifted their target price on GlobalFoundries from $33.00 to $37.00 and gave the stock an “underperform” rating in a report on Thursday, December 4th. TD Cowen reiterated a “buy” rating on shares of GlobalFoundries in a research report on Thursday, February 12th. Robert W. Baird boosted their price objective on GlobalFoundries from $40.00 to $60.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. Citigroup upped their price objective on shares of GlobalFoundries from $42.00 to $49.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Finally, Needham & Company LLC raised their target price on shares of GlobalFoundries from $42.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, February 12th.

Hedge Funds Weigh In On GlobalFoundries

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. HRT Financial LP purchased a new stake in shares of GlobalFoundries in the fourth quarter valued at $62,996,000. AQR Capital Management LLC raised its position 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 buying an additional 1,635,338 shares during the period. Marshall Wace LLP raised its position in GlobalFoundries by 126.0% during the fourth quarter. Marshall Wace LLP now owns 2,382,003 shares of the company’s stock valued at $83,180,000 after buying an additional 1,328,129 shares during the period. UBS Group AG lifted its stake in GlobalFoundries by 136.7% in the 4th quarter. UBS Group AG now owns 1,809,232 shares of the company’s stock worth $63,178,000 after acquiring an additional 1,044,755 shares in the last quarter. Finally, Balyasny Asset Management L.P. boosted its position in GlobalFoundries by 15,179.8% during the 4th quarter. Balyasny Asset Management L.P. now owns 919,867 shares of the company’s stock worth $32,122,000 after acquiring an additional 925,967 shares during the period.

GlobalFoundries Stock Down 3.5%

NASDAQ GFS opened at $46.55 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.62 and a quick ratio of 1.95. The company’s 50 day simple moving average is $40.94 and its 200 day simple moving average is $36.67. GlobalFoundries has a 12 month low of $29.77 and a 12 month high of $50.98. The company has a market capitalization of $25.74 billion, a P/E ratio of 29.28, a PEG ratio of 1.90 and a beta of 1.50.

GlobalFoundries (NASDAQ:GFS) last issued its earnings results on Wednesday, February 11th. The company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.08. The firm had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.80 billion. GlobalFoundries had a net margin of 13.05% and a return on equity of 6.86%. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the firm posted $0.46 earnings per share. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. Equities research analysts expect that GlobalFoundries will post 1.31 earnings per share for the current fiscal 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.