Analysts’ Recent Ratings Changes for GlobalFoundries (GFS)

A number of firms have modified their ratings and price targets on shares of GlobalFoundries (NASDAQ: GFS) recently:

• 5/19/2026 – GlobalFoundries had its “outperform” rating reaffirmed by Evercore Inc. They now have a $85.00 price target on the stock.
• 5/11/2026 – GlobalFoundries had its price target raised by Susquehanna to $125.00. They now have a “positive” rating on the stock.
• 5/6/2026 – GlobalFoundries had its price target raised by UBS Group AG from $65.00 to $77.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – GlobalFoundries had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $65.00 price target on the stock.
• 5/6/2026 – GlobalFoundries was given a new $100.00 price target by Robert W. Baird.
• 5/6/2026 – GlobalFoundries had its price target raised by Citigroup Inc. from $49.00 to $70.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – GlobalFoundries had its price target raised by Morgan Stanley from $58.00 to $65.00. They now have an “equal weight” rating on the stock.
• 5/6/2026 – GlobalFoundries had its price target raised by JPMorgan Chase & Co. from $45.00 to $70.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – GlobalFoundries was upgraded by Susquehanna from “neutral” to “positive”. They now have a $100.00 price target on the stock, up from $50.00.
• 5/5/2026 – GlobalFoundries had its “neutral” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $70.00 price target on the stock.
• 5/5/2026 – GlobalFoundries had its price target raised by Needham & Company LLC from $55.00 to $80.00. They now have a “buy” rating on the stock.
• 5/4/2026 – GlobalFoundries was given a new $80.00 price target by Loop Capital.
• 5/4/2026 – GlobalFoundries was upgraded by Cantor Fitzgerald from “neutral” to “overweight”. They now have a $80.00 price target on the stock, up from $50.00.
• 5/4/2026 – GlobalFoundries was given a new $80.00 price target by Cantor Fitzgerald. They now have an “overweight” rating on the stock.
• 5/4/2026 – GlobalFoundries had its “neutral” rating reaffirmed by Wedbush. They now have a $50.00 price target on the stock.

GlobalFoundries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Wednesday, June 24th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, June 24th. This represents a $0.48 dividend on an annualized basis and a yield of 0.5%.

Insider Buying and Selling at GlobalFoundries

In other GlobalFoundries news, insider Samak L. Azar sold 335 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $77.99, for a total transaction of $26,126.65. Following the sale, the insider owned 15,159 shares in the company, valued at $1,182,250.41. This trade represents a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Glenda Dorchak sold 4,000 shares of the firm’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $58.46, for a total value of $233,840.00. Following the sale, the director owned 18,867 shares in the company, valued at $1,102,964.82. The trade was a 17.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 17,035 shares of company stock worth $935,699 over the last 90 days.

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.