GlobalFoundries (NASDAQ:GFS) Given New $50.00 Price Target at Wedbush

GlobalFoundries (NASDAQ:GFS) had its price objective upped by Wedbush from $40.00 to $50.00 in a report issued on Thursday morning, MarketBeat Ratings reports. They currently have a neutral rating on the stock.

GFS has been the subject of several other research reports. JPMorgan Chase & Co. dropped their price target on GlobalFoundries from $40.00 to $35.00 and set a “neutral” rating for the company in a research report on Thursday, November 13th. Morgan Stanley set a $43.00 price objective on GlobalFoundries in a research report on Monday. Bank of America boosted their target price on shares of GlobalFoundries from $33.00 to $37.00 and gave the company an “underperform” rating in a research note on Thursday, December 4th. Evercore raised their price target on shares of GlobalFoundries from $43.00 to $45.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Finally, Zacks Research upgraded shares of GlobalFoundries from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Six investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $46.13.

GlobalFoundries Price Performance

Shares of NASDAQ GFS 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 company’s 50-day moving average price is $40.27 and its 200 day moving average price is $36.43. GlobalFoundries has a 52 week low of $29.77 and a 52 week high of $50.98. The stock 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 results on Wednesday, February 11th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.08. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.80 billion. GlobalFoundries had a net margin of 13.05% and a return on equity of 6.94%. The company’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.46 earnings per share. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. As a group, research analysts forecast that GlobalFoundries will post 1.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Profund Advisors LLC grew its holdings in GlobalFoundries by 0.7% in the third 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 period. Federation des caisses Desjardins du Quebec boosted its holdings in shares of GlobalFoundries by 9.3% in 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 last quarter. The Manufacturers Life Insurance Company grew its stake in shares of GlobalFoundries by 3.4% during the 2nd 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 period. California State Teachers Retirement System increased its holdings 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 worth $248,000 after buying an additional 347 shares during the last quarter. Finally, Covestor Ltd raised its position in shares of GlobalFoundries by 57.6% in the 4th quarter. Covestor Ltd now owns 955 shares of the company’s stock worth $33,000 after buying an additional 349 shares during the period.

Key Stories 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.