GlobalFoundries (NASDAQ:GFS) Issues Q1 2025 Earnings Guidance

GlobalFoundries (NASDAQ:GFS - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.240-0.340 for the period, compared to the consensus EPS estimate of 0.330. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.7 billion.

GlobalFoundries Trading Up 1.7 %

NASDAQ GFS traded up $0.73 on Friday, hitting $43.55. The company's stock had a trading volume of 1,095,669 shares, compared to its average volume of 2,118,338. GlobalFoundries has a 52-week low of $35.85 and a 52-week high of $61.98. The company has a current ratio of 2.42, a quick ratio of 1.76 and a debt-to-equity ratio of 0.19. The company's 50-day simple moving average is $42.37 and its 200 day simple moving average is $42.33. The firm has a market cap of $24.03 billion, a P/E ratio of 32.45, a PEG ratio of 8.23 and a beta of 1.56.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.07). GlobalFoundries had a return on equity of 6.87% and a net margin of 10.95%. Research analysts predict that GlobalFoundries will post 1.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on GFS shares. UBS Group dropped their price objective on GlobalFoundries from $47.00 to $45.00 and set a "neutral" rating for the company in a report on Wednesday. Wedbush restated an "outperform" rating and issued a $60.00 target price on shares of GlobalFoundries in a research note on Wednesday. Robert W. Baird lowered their target price on GlobalFoundries from $63.00 to $50.00 and set an "outperform" rating for the company in a research note on Wednesday, November 6th. Susquehanna lowered their target price on GlobalFoundries from $50.00 to $48.00 and set a "neutral" rating for the company in a research note on Wednesday, November 6th. Finally, Cantor Fitzgerald restated a "neutral" rating and issued a $40.00 target price on shares of GlobalFoundries in a research note on Wednesday, November 6th. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $50.00.

About GlobalFoundries

GlobalFoundries Inc, a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It manufactures various semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units.