GlobalFoundries Inc. (NASDAQ:GFS - Free Report) - Investment analysts at Wedbush decreased their Q1 2025 earnings per share estimates for shares of GlobalFoundries in a research report issued on Wednesday, February 12th. Wedbush analyst M. Bryson now forecasts that the company will post earnings per share of $0.21 for the quarter, down from their previous forecast of $0.23. 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 $1.31 per share. Wedbush also issued estimates for GlobalFoundries' Q3 2025 earnings at $0.33 EPS, Q4 2025 earnings at $0.45 EPS, FY2025 earnings at $1.24 EPS, Q1 2026 earnings at $0.53 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.72 EPS, Q4 2026 earnings at $0.87 EPS and FY2026 earnings at $2.74 EPS.
A number of other brokerages have also commented on GFS. Morgan Stanley boosted their price objective on GlobalFoundries from $40.00 to $42.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 12th. Susquehanna dropped their price objective on GlobalFoundries from $50.00 to $48.00 and set a "neutral" rating on the stock in a research note on Wednesday, November 6th. Robert W. Baird cut their price objective on shares of GlobalFoundries from $63.00 to $50.00 and set an "outperform" rating on the stock in a report on Wednesday, November 6th. UBS Group lowered their target price on shares of GlobalFoundries from $47.00 to $45.00 and set a "neutral" rating for the company in a report on Wednesday, February 12th. Finally, Evercore ISI cut their price target on shares of GlobalFoundries from $71.00 to $55.00 and set an "outperform" rating on the stock in a report on Wednesday, November 6th. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $49.64.
Check Out Our Latest Analysis on GFS
GlobalFoundries Stock Down 2.7 %
Shares of NASDAQ GFS traded down $1.24 during mid-day trading on Monday, reaching $44.55. 3,873,151 shares of the company's stock traded hands, compared to its average volume of 2,239,264. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.11 and a quick ratio of 1.57. GlobalFoundries has a 1-year low of $35.85 and a 1-year high of $61.98. The stock has a market cap of $24.58 billion, a P/E ratio of -92.81, a PEG ratio of 1.46 and a beta of 1.56. The business has a 50-day simple moving average of $42.35 and a 200 day simple moving average of $42.16.
GlobalFoundries (NASDAQ:GFS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.45 by ($0.07). GlobalFoundries had a negative net margin of 3.93% and a positive return on equity of 6.05%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of GFS. Toronto Dominion Bank lifted its stake in GlobalFoundries by 110.2% in the fourth quarter. Toronto Dominion Bank now owns 16,500 shares of the company's stock worth $708,000 after purchasing an additional 8,649 shares during the last quarter. GF Fund Management CO. LTD. purchased a new stake in GlobalFoundries during the 4th quarter valued at $4,494,000. Teza Capital Management LLC grew its holdings in GlobalFoundries by 35.8% in the 4th quarter. Teza Capital Management LLC now owns 61,186 shares of the company's stock worth $2,625,000 after acquiring an additional 16,141 shares during the last quarter. Rafferty Asset Management LLC grew its stake in shares of GlobalFoundries by 3.4% in the fourth quarter. Rafferty Asset Management LLC now owns 308,042 shares of the company's stock worth $13,218,000 after purchasing an additional 10,236 shares during the last quarter. Finally, ProShare Advisors LLC lifted its holdings in GlobalFoundries by 20.8% in the 4th quarter. ProShare Advisors LLC now owns 637,867 shares of the company's stock worth $27,371,000 after buying an additional 109,722 shares during the period.
GlobalFoundries Company Profile
(
Get Free Report)
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.
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