GlobalFoundries Inc. (NASDAQ:GFS – Get Free Report) was the target of some unusual options trading activity on Tuesday. Stock investors acquired 14,501 call options on the stock. This is an increase of approximately 70% compared to the average volume of 8,528 call options.
Trending Headlines about GlobalFoundries
Here are the key news stories impacting GlobalFoundries this week:
- Positive Sentiment: Q1 results beat consensus: GFS reported $0.40 EPS vs. $0.35 expected and revenue roughly in line at ~$1.63B, showing modest year‑over‑year growth and improved margins — a core reason investors pushed the stock higher. Read More.
- Positive Sentiment: Company forecasts stronger Q2 revenue driven by accelerating data‑center deployments, suggesting demand tailwinds in higher‑margin customers (helps forward revenue visibility despite EPS guidance). Read More.
- Positive Sentiment: Cantor Fitzgerald upgraded the stock ahead of investor day, and the company introduced its SCALE™ optical module for co‑packaged optics targeting AI data centers — both fuel optimism on TAM expansion into AI infrastructure. Read More. Read More.
- Neutral Sentiment: Routine regulatory filings and slide decks were posted (Form 6‑K, press release and conference materials) — useful for detail but not market moving by themselves. Read More. Read More.
- Neutral Sentiment: Small insider sales were disclosed (pre‑arranged 10b5‑1 plans) — notable for transparency but not signaling management loss of confidence. Read More.
- Negative Sentiment: Q2 EPS guidance came in below consensus: management guided to $0.25–$0.35 vs. ~$0.39 street estimate, limiting upside and raising questions on margins/timing of customer ramps. Read More.
- Negative Sentiment: Wedbush reaffirmed a “neutral” rating with a $50 PT — a reminder some analysts see material downside from current levels and could cap further gains until guidance proves out. Read More.
Analyst Upgrades and Downgrades
Several research firms have recently commented on GFS. Wedbush reissued a “neutral” rating and issued a $50.00 target price on shares of GlobalFoundries in a report on Monday. Cantor Fitzgerald raised shares of GlobalFoundries from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $50.00 to $80.00 in a report on Monday. Needham & Company LLC boosted 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. Citigroup boosted their target price on shares of GlobalFoundries from $42.00 to $49.00 and gave the stock a “neutral” rating in a report on Thursday, February 12th. Finally, Loop Capital set a $80.00 target price on shares of GlobalFoundries in a report on Monday. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, GlobalFoundries currently has a consensus rating of “Hold” and a consensus price target of $50.12.
Insider Buying and Selling at GlobalFoundries
In other GlobalFoundries news, insider Michael James Hogan sold 2,300 shares of GlobalFoundries stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $60.69, for a total transaction of $139,587.00. Following the transaction, the insider owned 16,045 shares of the company’s stock, valued at $973,771.05. The trade was a 12.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Glenda Dorchak sold 4,000 shares of GlobalFoundries stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $58.46, for a total transaction of $233,840.00. Following the transaction, the director directly owned 18,867 shares in the company, valued at $1,102,964.82. This represents a 17.49% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 15,200 shares of company stock valued at $801,067 over the last 90 days.
Institutional Investors Weigh In On GlobalFoundries
Several large investors have recently bought and sold shares of the business. Invesco Ltd. increased its position in GlobalFoundries by 7.9% in the third quarter. Invesco Ltd. now owns 2,962,385 shares of the company’s stock worth $106,172,000 after purchasing an additional 217,866 shares during the last quarter. AQR Capital Management LLC increased its position in GlobalFoundries by 9.9% in the fourth quarter. AQR Capital Management LLC now owns 2,865,046 shares of the company’s stock worth $100,047,000 after purchasing an additional 257,254 shares during the last quarter. First Trust Advisors LP increased its position in GlobalFoundries by 15.2% in the third quarter. First Trust Advisors LP now owns 2,659,454 shares of the company’s stock worth $95,315,000 after purchasing an additional 350,743 shares during the last quarter. Marshall Wace LLP increased its position in GlobalFoundries by 126.0% in the fourth quarter. Marshall Wace LLP now owns 2,382,003 shares of the company’s stock worth $83,180,000 after purchasing an additional 1,328,129 shares during the last quarter. Finally, ArrowMark Colorado Holdings LLC increased its position in GlobalFoundries by 5.8% in the third quarter. ArrowMark Colorado Holdings LLC now owns 2,274,261 shares of the company’s stock worth $81,510,000 after purchasing an additional 124,812 shares during the last quarter.
GlobalFoundries Price Performance
Shares of GFS stock traded up $2.30 during mid-day trading on Tuesday, hitting $70.05. The company had a trading volume of 3,816,136 shares, compared to its average volume of 3,970,086. GlobalFoundries has a 52-week low of $31.51 and a 52-week high of $72.70. The stock’s 50 day moving average price is $48.71 and its 200-day moving average price is $42.09. 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 has a market capitalization of $38.98 billion, a P/E ratio of 44.04, a P/E/G ratio of 2.56 and a beta of 1.71.
GlobalFoundries (NASDAQ:GFS – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.05. GlobalFoundries had a net margin of 13.05% and a return on equity of 6.86%. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the previous year, the business posted $0.34 earnings per share. GlobalFoundries’s quarterly revenue was up 3.1% on a year-over-year basis. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities research analysts forecast that GlobalFoundries will post 1.37 earnings per share for the current year.
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.
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