GlobalFoundries Inc. (GFS) – What Are Brokerages Thinking About This Stock?

GlobalFoundries Inc. (NASDAQ:GFS) has been given an average rating of “Hold” by the twenty brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $75.58.

A number of equities research analysts recently issued reports on GFS shares. BNP Paribas Exane downgraded GlobalFoundries from an “outperform” rating to a “neutral” rating and set a $51.00 price objective on the stock. in a research report on Monday, October 5th. Stifel Nicolaus assumed coverage on shares of GlobalFoundries in a report on Tuesday, September 1st. They issued a “buy” rating and a $60.00 target price on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of GlobalFoundries in a report on Wednesday, August 26th. Jefferies Financial Group set a $60.00 price objective on GlobalFoundries in a research report on Wednesday, August 5th. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of GlobalFoundries in a report on Thursday, October 15th.

Insider Activity

In related news, insider Pradheepa Raman sold 6,760 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $51.12, for a total transaction of $345,571.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,925 shares of company stock worth $637,054 in the last 90 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Argonautica Private Wealth Management Inc. lifted its position in GlobalFoundries by 15.6% during the 3rd quarter. Argonautica Private Wealth Management Inc. now owns 12,350 shares of the company’s stock valued at $592,000 after acquiring an additional 1,671 shares during the period. Kestra Advisory Services LLC increased its stake in shares of GlobalFoundries by 104.3% during the third quarter. Kestra Advisory Services LLC now owns 7,105 shares of the company’s stock valued at $340,000 after purchasing an additional 3,628 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of GlobalFoundries by 4.7% during the third quarter. Commonwealth Equity Services LLC now owns 5,751 shares of the company’s stock valued at $276,000 after purchasing an additional 258 shares in the last quarter. Rakuten Investment Management Inc. purchased a new position in shares of GlobalFoundries during the third quarter valued at approximately $4,027,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of GlobalFoundries during the third quarter valued at approximately $40,775,000.

GlobalFoundries Trading Down 0.2%

Shares of GFS stock opened at $41.82 on Tuesday. The stock has a market capitalization of $22.95 billion, a price-to-earnings ratio of 32.67, a PEG ratio of 1.46 and a beta of 1.77. The company’s fifty day simple moving average is $46.35 and its two-hundred day simple moving average is $54.93. GlobalFoundries has a 1 year low of $32.02 and a 1 year high of $92.55. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.48 and a quick ratio of 1.74.

GlobalFoundries (NASDAQ:GFS) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.77 billion. GlobalFoundries had a return on equity of 6.69% and a net margin of 10.36%. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period last year, the company earned $0.42 earnings per share. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. As a group, analysts anticipate that GlobalFoundries will post 1.48 earnings per share for the current year.

About GlobalFoundries

GlobalFoundries Inc (NASDAQ:GFS) is a semiconductor manufacturer that operates as a contract foundry, producing chips designed by other companies. The company provides wafer fabrication and related services for customers in the automotive, communications infrastructure, aerospace and defense, industrial, and consumer electronics markets.

GlobalFoundries specializes in differentiated semiconductor technologies rather than competing primarily in the most advanced logic-processing nodes. Its offerings include radio-frequency and silicon-on-insulator technologies, embedded memory, power-management solutions, high-voltage processes, silicon photonics, and other specialty platforms used in connectivity, sensing, automotive electronics, and edge-computing applications.

The company was established in 2009 through the separation of Advanced Micro Devices’ manufacturing operations, with investment from the Abu Dhabi-based Advanced Technology Investment Company.