What is Wedbush's Estimate for GlobalFoundries Q2 Earnings?

GlobalFoundries Inc. (NASDAQ:GFS - Free Report) - Wedbush dropped their Q2 2025 earnings estimates for GlobalFoundries in a report released on Wednesday, February 12th. Wedbush analyst M. Bryson now expects that the company will earn $0.25 per share for the quarter, down from their previous estimate of $0.32. Wedbush currently has a "Outperform" rating and a $60.00 target price on the stock. The consensus estimate for GlobalFoundries' current full-year earnings is $1.22 per share.

Several other brokerages also recently commented on GFS. Susquehanna lowered their price objective on shares of GlobalFoundries from $50.00 to $48.00 and set a "neutral" rating for the company in a research note on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of GlobalFoundries from $55.00 to $50.00 and set a "buy" rating on the stock in a research report on Wednesday, November 6th. Cantor Fitzgerald reiterated a "neutral" rating and set a $40.00 price target on shares of GlobalFoundries in a research report on Wednesday, November 6th. UBS Group reduced their price target on shares of GlobalFoundries from $47.00 to $45.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 12th. Finally, Robert W. Baird reduced their price target on shares of GlobalFoundries from $63.00 to $50.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 6th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, GlobalFoundries has an average rating of "Moderate Buy" and an average price target of $49.64.

GlobalFoundries Trading Up 6.6 %

Shares of NASDAQ:GFS traded up $2.85 during midday trading on Friday, hitting $46.01. 3,091,973 shares of the stock traded hands, compared to its average volume of 2,187,628. The stock has a market capitalization of $25.39 billion, a PE ratio of 34.34, a P/E/G ratio of 8.23 and a beta of 1.56. The business's 50 day moving average is $42.27 and its two-hundred day moving average is $42.13. The company has a quick ratio of 1.76, a current ratio of 2.42 and a debt-to-equity ratio of 0.19. GlobalFoundries has a one year low of $35.85 and a one year high of $61.98.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.07). GlobalFoundries had a net margin of 10.95% and a return on equity of 6.87%.

Institutional Investors Weigh In On GlobalFoundries

A number of institutional investors have recently made changes to their positions in GFS. FMR LLC grew its holdings in shares of GlobalFoundries by 7.5% during the fourth quarter. FMR LLC now owns 53,096,556 shares of the company's stock valued at $2,278,373,000 after buying an additional 3,721,153 shares during the last quarter. Analog Century Management LP purchased a new stake in shares of GlobalFoundries during the fourth quarter valued at approximately $50,298,000. BNP Paribas Financial Markets purchased a new stake in shares of GlobalFoundries during the fourth quarter valued at approximately $22,912,000. Adage Capital Partners GP L.L.C. purchased a new stake in shares of GlobalFoundries during the fourth quarter valued at approximately $16,091,000. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of GlobalFoundries during the fourth quarter valued at approximately $11,778,000.

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.