GlobalFoundries Inc. (NASDAQ:GFS) Receives Average Recommendation of “Hold” from Brokerages

Shares of GlobalFoundries Inc. (NASDAQ:GFS) have been given a consensus rating of “Hold” by the sixteen ratings firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $40.4615.

Several research firms recently weighed in on GFS. Bank of America increased 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. Wall Street Zen lowered GlobalFoundries from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. JPMorgan Chase & Co. cut their target price on GlobalFoundries from $40.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, November 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of GlobalFoundries in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $38.00 price target on shares of GlobalFoundries in a report on Monday, October 27th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its holdings in GlobalFoundries by 168.2% during the third quarter. AQR Capital Management LLC now owns 2,607,792 shares of the company’s stock valued at $93,463,000 after purchasing an additional 1,635,338 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in shares of GlobalFoundries during the 1st quarter worth approximately $40,493,000. Woodline Partners LP acquired a new stake in GlobalFoundries in the 1st quarter valued at $33,504,000. Squarepoint Ops LLC grew its position in GlobalFoundries by 137.8% in the third quarter. Squarepoint Ops LLC now owns 1,300,189 shares of the company’s stock valued at $46,599,000 after acquiring an additional 753,376 shares during the period. Finally, Two Sigma Investments LP grew its position in GlobalFoundries by 1,789.3% in the third quarter. Two Sigma Investments LP now owns 657,269 shares of the company’s stock valued at $23,557,000 after acquiring an additional 622,480 shares during the period.

GlobalFoundries Stock Up 5.6%

GFS opened at $36.87 on Wednesday. The business has a 50 day moving average of $35.77 and a 200-day moving average of $35.78. The stock has a market capitalization of $20.39 billion, a price-to-earnings ratio of -409.62, a P/E/G ratio of 1.55 and a beta of 1.49. The company has a current ratio of 3.03, a quick ratio of 2.24 and a debt-to-equity ratio of 0.13. GlobalFoundries has a 1-year low of $29.77 and a 1-year high of $47.69.

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