GlobalFoundries (NASDAQ:GFS) Sees Strong Trading Volume – What’s Next?

GlobalFoundries Inc. (NASDAQ:GFS) shares saw unusually-strong trading volume on Thursday . Approximately 6,316,095 shares were traded during mid-day trading, an increase of 65% from the previous session’s volume of 3,816,996 shares.The stock last traded at $41.5920 and had previously closed at $44.09.

Wall Street Analysts Forecast Growth

GFS has been the topic of several analyst reports. UBS Group set a $50.00 price target on shares of GlobalFoundries in a research report on Thursday, February 12th. Needham & Company LLC upped their target price on shares of GlobalFoundries from $42.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Susquehanna reiterated a “neutral” rating and set a $50.00 price target on shares of GlobalFoundries in a report on Thursday, February 12th. Robert W. Baird boosted their price target on GlobalFoundries from $40.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Finally, Morgan Stanley set a $43.00 price objective on GlobalFoundries in a research report on Monday, February 9th. Six investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $46.13.

GlobalFoundries Price Performance

The stock has a market capitalization of $23.29 billion, a price-to-earnings ratio of 26.33, a P/E/G ratio of 1.64 and a beta of 1.47. The company’s 50-day simple moving average is $44.34 and its 200-day simple moving average is $38.21. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.62 and a quick ratio of 1.95.

GlobalFoundries (NASDAQ:GFS) last announced its earnings results on Wednesday, February 11th. The company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.08. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.80 billion. GlobalFoundries had a return on equity of 6.86% and a net margin of 13.05%.The firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 earnings per share. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. Research analysts forecast that GlobalFoundries Inc. will post 1.31 earnings per share for the current fiscal year.

Institutional Trading of GlobalFoundries

Hedge funds and other institutional investors have recently bought and sold shares of the business. HRT Financial LP acquired a new position in shares of GlobalFoundries during the 4th quarter worth approximately $62,996,000. AQR Capital Management LLC raised its position in shares of GlobalFoundries by 168.2% in the third quarter. AQR Capital Management LLC now owns 2,607,792 shares of the company’s stock valued at $93,463,000 after buying an additional 1,635,338 shares in the last quarter. Marshall Wace LLP boosted its stake 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 valued at $83,180,000 after buying an additional 1,328,129 shares during the period. UBS Group AG grew its position in GlobalFoundries by 136.7% during the fourth quarter. UBS Group AG now owns 1,809,232 shares of the company’s stock worth $63,178,000 after buying an additional 1,044,755 shares in the last quarter. Finally, Balyasny Asset Management L.P. grew its position in GlobalFoundries by 15,179.8% during the fourth quarter. Balyasny Asset Management L.P. now owns 919,867 shares of the company’s stock worth $32,122,000 after buying an additional 925,967 shares in the last quarter.

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.