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

Shares of GlobalFoundries Inc. (NASDAQ:GFS) have received a consensus recommendation of “Hold” from the twenty analysts that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $46.1333.

Several brokerages recently issued reports on GFS. Jefferies Financial Group reiterated a “hold” rating and set a $38.00 price objective on shares of GlobalFoundries in a report on Monday, October 27th. Needham & Company LLC upped their target price on GlobalFoundries from $42.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. TD Cowen reaffirmed a “buy” rating on shares of GlobalFoundries in a research note on Thursday, February 12th. UBS Group set a $50.00 price target on GlobalFoundries in a report on Thursday, February 12th. Finally, JPMorgan Chase & Co. dropped their price objective on GlobalFoundries from $40.00 to $35.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th.

Institutional Investors Weigh In On GlobalFoundries

Several institutional investors and hedge funds have recently modified their holdings of the business. Invesco Ltd. boosted its holdings 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 in the last quarter. AQR Capital Management LLC raised its holdings in GlobalFoundries by 9.9% during the fourth quarter. AQR Capital Management LLC now owns 2,865,046 shares of the company’s stock valued at $100,047,000 after buying an additional 257,254 shares in the last quarter. First Trust Advisors LP lifted its position in shares of 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 buying an additional 350,743 shares during the last quarter. Marshall Wace LLP lifted its position 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 last quarter. Finally, ArrowMark Colorado Holdings LLC boosted its stake in shares of GlobalFoundries by 5.8% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 2,274,261 shares of the company’s stock worth $81,510,000 after acquiring an additional 124,812 shares in the last quarter.

GlobalFoundries Stock Performance

GFS stock opened at $46.55 on Thursday. The firm has a 50 day simple moving average of $40.94 and a 200 day simple moving average of $36.67. GlobalFoundries has a 52 week low of $29.77 and a 52 week high of $50.98. The stock has a market cap of $25.74 billion, a P/E ratio of 29.28, a P/E/G ratio of 1.90 and a beta of 1.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.95 and a current ratio of 2.62.

GlobalFoundries (NASDAQ:GFS) last released its earnings results on Wednesday, February 11th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.08. The company had revenue of $1.83 billion during 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%. The company’s revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.46 EPS. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. Research analysts anticipate that GlobalFoundries will post 1.31 earnings per share for the current fiscal 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.