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

GlobalFoundries Inc. (NASDAQ:GFSGet Free Report) has earned a consensus recommendation of “Hold” from the twenty ratings firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $46.1333.

Several equities analysts have weighed in on GFS shares. Zacks Research upgraded GlobalFoundries from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Weiss Ratings upgraded GlobalFoundries from a “sell (d)” rating to a “hold (c)” rating in a research note on Monday, March 2nd. Citigroup increased their price objective on GlobalFoundries from $42.00 to $49.00 and gave the company a “neutral” rating in a report on Thursday, February 12th. Wedbush raised their price objective on GlobalFoundries from $40.00 to $50.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Finally, Dbs Bank lowered GlobalFoundries from a “moderate buy” rating to a “hold” rating in a report on Friday, February 13th.

View Our Latest Analysis on GlobalFoundries

Hedge Funds Weigh In On GlobalFoundries

Institutional investors have recently modified their holdings of the company. WealthCollab LLC boosted its holdings in shares of GlobalFoundries by 674.7% during the 4th quarter. WealthCollab LLC now owns 705 shares of the company’s stock worth $25,000 after buying an additional 614 shares during the period. True Wealth Design LLC raised its holdings in GlobalFoundries by 216.7% in the 4th quarter. True Wealth Design LLC now owns 795 shares of the company’s stock worth $28,000 after acquiring an additional 544 shares during the period. Clearstead Advisors LLC raised its holdings in GlobalFoundries by 91.9% in the 3rd quarter. Clearstead Advisors LLC now owns 808 shares of the company’s stock worth $29,000 after acquiring an additional 387 shares during the period. First Horizon Corp acquired a new position in GlobalFoundries during the 3rd quarter worth $33,000. Finally, Covestor Ltd lifted its position in GlobalFoundries by 57.6% during the 4th quarter. Covestor Ltd now owns 955 shares of the company’s stock worth $33,000 after acquiring an additional 349 shares during the last quarter.

GlobalFoundries Stock Performance

Shares of GFS opened at $41.86 on Monday. The company’s fifty day moving average is $44.34 and its 200-day moving average is $38.27. GlobalFoundries has a 12 month low of $29.77 and a 12 month high of $50.98. The firm has a market cap of $23.29 billion, a price-to-earnings ratio of 26.33, a price-to-earnings-growth ratio of 1.65 and a beta of 1.47. The company has a quick ratio of 1.95, a current ratio of 2.62 and a debt-to-equity ratio of 0.13.

GlobalFoundries (NASDAQ:GFSGet Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08. The business 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 6.86%. GlobalFoundries’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter last year, the firm earned $0.46 EPS. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. Equities analysts expect that GlobalFoundries will post 1.31 EPS for the current fiscal year.

GlobalFoundries Company Profile

(Get Free Report)

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.

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Analyst Recommendations for GlobalFoundries (NASDAQ:GFS)

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