GlobalFoundries Sees Unusually Large Options Volume (NASDAQ:GFS)

GlobalFoundries Inc. (NASDAQ:GFS) saw some unusual options trading activity on Tuesday. Stock traders purchased 23,924 call options on the company. This represents an increase of 833% compared to the typical daily volume of 2,563 call options.

GlobalFoundries Stock Performance

Shares of GlobalFoundries stock opened at $41.35 on Thursday. GlobalFoundries has a 12 month low of $29.77 and a 12 month high of $47.69. The company has a current ratio of 3.03, a quick ratio of 2.24 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $22.86 billion, a PE ratio of -459.39, a PEG ratio of 1.71 and a beta of 1.49. The stock’s fifty day simple moving average is $36.50 and its 200 day simple moving average is $35.88.

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

Institutional Investors Weigh In On GlobalFoundries

Several large investors have recently made changes to their positions in GFS. Global X Japan Co. Ltd. lifted its position in GlobalFoundries by 10.4% in the 4th quarter. Global X Japan Co. Ltd. now owns 30,651 shares of the company’s stock valued at $1,070,000 after acquiring an additional 2,877 shares in the last quarter. True Wealth Design LLC raised its stake in shares of GlobalFoundries by 216.7% in the 4th quarter. True Wealth Design LLC now owns 795 shares of the company’s stock valued at $28,000 after purchasing an additional 544 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of GlobalFoundries by 148.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 36,215 shares of the company’s stock valued at $1,265,000 after purchasing an additional 21,612 shares during the period. Allworth Financial LP lifted its holdings in shares of GlobalFoundries by 151.0% in the third quarter. Allworth Financial LP now owns 2,244 shares of the company’s stock valued at $80,000 after purchasing an additional 1,350 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in shares of GlobalFoundries by 176.0% during the third quarter. IFP Advisors Inc now owns 2,476 shares of the company’s stock worth $89,000 after buying an additional 1,579 shares during the period.

Wall Street Analyst Weigh In

GFS has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of GlobalFoundries from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. Wedbush cut shares of GlobalFoundries from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $42.00 to $40.00 in a research report on Wednesday, December 31st. Weiss Ratings reissued a “sell (d)” rating on shares of GlobalFoundries in a research note on Wednesday, October 8th. JPMorgan Chase & Co. reduced their price target on GlobalFoundries from $40.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, November 13th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $38.00 target price on shares of GlobalFoundries in a research note on Monday, October 27th. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $40.46.

About GlobalFoundries

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.