GlobalFoundries Inc. (NASDAQ:GFS – Get Free Report) has received an average recommendation of “Hold” from the twenty research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $73.2941.
GFS has been the topic of a number of research analyst reports. Wedbush reaffirmed a “neutral” rating and set a $50.00 price target on shares of GlobalFoundries in a report on Monday, May 4th. Susquehanna upped their price target on GlobalFoundries to $125.00 and gave the company a “positive” rating in a report on Monday, May 11th. Evercore reaffirmed an “outperform” rating and set a $85.00 price target on shares of GlobalFoundries in a report on Tuesday, May 19th. Arete Research set a $95.00 target price on GlobalFoundries in a report on Wednesday, June 10th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $70.00 target price on shares of GlobalFoundries in a report on Tuesday, May 5th.
Get Our Latest Stock Report on GlobalFoundries
Insider Buying and Selling at GlobalFoundries
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in GFS. Bessemer Group Inc. raised its stake in shares of GlobalFoundries by 8,275,141.2% in the first quarter. Bessemer Group Inc. now owns 2,813,582 shares of the company’s stock worth $125,147,000 after buying an additional 2,813,548 shares during the period. HRT Financial LP bought a new position in shares of GlobalFoundries in the fourth quarter worth about $62,996,000. AQR Capital Management LLC raised its stake in shares of GlobalFoundries by 168.2% in the third quarter. AQR Capital Management LLC now owns 2,607,792 shares of the company’s stock worth $93,463,000 after buying an additional 1,635,338 shares during the period. Marshall Wace LLP raised its stake in shares of 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 buying an additional 1,328,129 shares during the period. Finally, UBS Group AG grew its position in shares of GlobalFoundries by 136.7% during the fourth quarter. UBS Group AG now owns 1,809,232 shares of the company’s stock worth $63,178,000 after purchasing an additional 1,044,755 shares in the last quarter.
GlobalFoundries Trading Up 0.2%
Shares of NASDAQ:GFS opened at $79.91 on Wednesday. The company has a market cap of $43.85 billion, a P/E ratio of 57.49, a PEG ratio of 2.82 and a beta of 1.77. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.59 and a quick ratio of 1.87. GlobalFoundries has a 1 year low of $31.51 and a 1 year high of $92.55. The stock’s fifty day moving average price is $74.83 and its 200-day moving average price is $54.19.
GlobalFoundries (NASDAQ:GFS – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.63 billion. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.34 earnings per share. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Sell-side analysts expect that GlobalFoundries will post 1.38 earnings per share for the current year.
GlobalFoundries Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Wednesday, June 24th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, June 24th. This represents a $0.48 dividend on an annualized basis and a yield of 0.6%. GlobalFoundries’s dividend payout ratio is currently 34.53%.
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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