Analysts Set GlobalFoundries Inc. (NASDAQ:GFS) PT at $46.13

Shares of GlobalFoundries Inc. (NASDAQ:GFS) have been assigned an average recommendation of “Hold” from the twenty research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $46.1333.

GFS has been the subject of several recent research reports. Morgan Stanley set a $43.00 target price on shares of GlobalFoundries in a research report on Monday, February 9th. Weiss Ratings upgraded shares of GlobalFoundries from a “sell (d)” rating to a “hold (c)” rating in a research note on Monday, March 2nd. Wedbush upped their price objective on GlobalFoundries from $40.00 to $50.00 and gave the stock a “neutral” rating in a research note on Thursday, February 12th. Dbs Bank cut GlobalFoundries from a “moderate buy” rating to a “hold” rating in a report on Friday, February 13th. Finally, Robert W. Baird lifted their target price on GlobalFoundries from $40.00 to $60.00 and gave the company an “outperform” rating in a research report on Thursday, February 12th.

Insider Buying and Selling at GlobalFoundries

In related news, insider Michael James Hogan sold 1,800 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $43.25, for a total transaction of $77,850.00. Following the completion of the transaction, the insider directly owned 22,895 shares in the company, valued at approximately $990,208.75. The trade was a 7.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Hedge Funds Weigh In On GlobalFoundries

Hedge funds have recently modified their holdings of the company. HRT Financial LP bought a new position in GlobalFoundries in the 4th quarter worth $62,996,000. AQR Capital Management LLC raised 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 acquiring an additional 1,635,338 shares during the period. Marshall Wace LLP raised its holdings in GlobalFoundries by 126.0% during the fourth quarter. Marshall Wace LLP now owns 2,382,003 shares of the company’s stock valued at $83,180,000 after acquiring an additional 1,328,129 shares during the period. UBS Group AG lifted its position in shares of GlobalFoundries by 136.7% in the fourth quarter. UBS Group AG now owns 1,809,232 shares of the company’s stock valued at $63,178,000 after acquiring an additional 1,044,755 shares in the last quarter. Finally, Balyasny Asset Management L.P. boosted its stake in shares of GlobalFoundries by 15,179.8% in the fourth quarter. Balyasny Asset Management L.P. now owns 919,867 shares of the company’s stock worth $32,122,000 after acquiring an additional 925,967 shares during the period.

GlobalFoundries Stock Down 0.6%

GlobalFoundries stock opened at $43.08 on Monday. GlobalFoundries has a one year low of $29.77 and a one year high of $50.98. The stock has a fifty day moving average of $44.74 and a 200 day moving average of $38.54. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.95 and a current ratio of 2.62. The stock has a market cap of $23.97 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 1.71 and a beta of 1.47.

GlobalFoundries (NASDAQ:GFS) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08. GlobalFoundries had a return on equity of 6.86% and a net margin of 13.05%.The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same period in the previous year, the company posted $0.46 EPS. The business’s quarterly revenue was up .0% compared to the same quarter last year. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. As a group, sell-side analysts predict that GlobalFoundries will post 1.31 EPS 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.