GlobalFoundries (NASDAQ:GFS) Sets New 1-Year High – Here’s What Happened

GlobalFoundries Inc. (NASDAQ:GFS)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $48.57 and last traded at $47.1740, with a volume of 1595447 shares. The stock had previously closed at $44.22.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Wedbush downgraded GlobalFoundries from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $42.00 to $40.00 in a report on Wednesday, December 31st. Jefferies Financial Group reiterated a “hold” rating and issued a $38.00 target price on shares of GlobalFoundries in a research note on Monday, October 27th. Citigroup raised their price target on shares of GlobalFoundries from $35.00 to $42.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th. Wall Street Zen downgraded shares of GlobalFoundries from a “buy” rating to a “hold” rating in a research report on Saturday, November 15th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of GlobalFoundries in a research note on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, GlobalFoundries has an average rating of “Hold” and a consensus target price of $41.00.

GlobalFoundries Trading Down 2.9%

The company has a market capitalization of $24.58 billion, a PE ratio of -493.95, a price-to-earnings-growth ratio of 1.99 and a beta of 1.49. The company has a 50 day simple moving average of $38.78 and a 200 day simple moving average of $36.21. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.24 and a current ratio of 3.03.

GlobalFoundries (NASDAQ:GFS) last issued its quarterly earnings results on Wednesday, November 12th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.05). GlobalFoundries had a positive return on equity of 6.64% and a negative net margin of 0.65%.The firm had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.68 billion. During the same period in the prior year, the firm earned $0.41 earnings per share. The business’s revenue was down 2.9% on a year-over-year basis. GlobalFoundries has set its Q4 2025 guidance at 0.420-0.520 EPS. Analysts anticipate that GlobalFoundries Inc. will post 1.31 earnings per share for the current year.

Institutional Trading of GlobalFoundries

Several large investors have recently added to or reduced their stakes in the stock. Entropy Technologies LP purchased a new stake in shares of GlobalFoundries during the second quarter worth $710,000. CWM LLC grew its stake in GlobalFoundries by 973.6% during the 3rd quarter. CWM LLC now owns 50,943 shares of the company’s stock worth $1,826,000 after purchasing an additional 46,198 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in GlobalFoundries during the 2nd quarter worth about $907,000. Creative Planning increased its holdings in GlobalFoundries by 44.8% during the 2nd quarter. Creative Planning now owns 29,905 shares of the company’s stock worth $1,142,000 after purchasing an additional 9,253 shares during the period. Finally, SG Americas Securities LLC raised its position in GlobalFoundries by 997.6% in the 3rd quarter. SG Americas Securities LLC now owns 88,717 shares of the company’s stock valued at $3,180,000 after purchasing an additional 80,634 shares in the last quarter.

GlobalFoundries Company Profile

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.