Q2 Earnings Estimate for GlobalFoundries Issued By Wedbush

GlobalFoundries Inc. (NASDAQ:GFS - Free Report) - Analysts at Wedbush decreased their Q2 2025 EPS estimates for GlobalFoundries in a research note issued on Wednesday, April 16th. Wedbush analyst M. Bryson now anticipates that the company will post earnings per share of $0.23 for the quarter, down from their prior forecast of $0.25. Wedbush has a "Outperform" rating and a $60.00 price objective 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 $0.29 EPS, Q4 2025 earnings at $0.39 EPS and FY2025 earnings at $1.12 EPS.

Several other research analysts have also recently commented on GFS. UBS Group decreased 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. Citigroup reduced their target price on GlobalFoundries from $40.00 to $35.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Needham & Company LLC raised GlobalFoundries from a "hold" rating to a "buy" rating and set a $50.00 price target on the stock in a research report on Wednesday, February 12th. Finally, Morgan Stanley lifted their target price on GlobalFoundries from $40.00 to $42.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 12th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $48.85.

GlobalFoundries Price Performance

NASDAQ:GFS traded up $0.08 during mid-day trading on Thursday, reaching $31.70. 1,605,556 shares of the stock were exchanged, compared to its average volume of 1,851,013. The firm has a market capitalization of $17.53 billion, a PE ratio of -66.04, a PEG ratio of 1.42 and a beta of 1.54. GlobalFoundries has a 1-year low of $29.77 and a 1-year high of $61.98. The company has a current ratio of 2.11, a quick ratio of 1.57 and a debt-to-equity ratio of 0.14. The business has a fifty day moving average price of $37.72 and a 200 day moving average price of $40.42.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last posted 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 positive return on equity of 6.05% and a negative net margin of 3.93%.

Institutional Investors Weigh In On GlobalFoundries

Hedge funds have recently bought and sold shares of the company. Signaturefd LLC boosted its stake in GlobalFoundries by 153.9% during the 4th quarter. Signaturefd LLC now owns 678 shares of the company's stock valued at $29,000 after purchasing an additional 411 shares during the period. Blue Trust Inc. increased its position in GlobalFoundries by 206.4% during the fourth quarter. Blue Trust Inc. now owns 1,106 shares of the company's stock worth $45,000 after acquiring an additional 745 shares during the period. SBI Securities Co. Ltd. acquired a new position in GlobalFoundries during the 4th quarter valued at $52,000. Graney & King LLC bought a new stake in GlobalFoundries in the 4th quarter valued at $68,000. Finally, Covestor Ltd increased its holdings in shares of GlobalFoundries by 309.8% during the 4th quarter. Covestor Ltd now owns 1,680 shares of the company's stock worth $72,000 after purchasing an additional 1,270 shares during the period.

GlobalFoundries Company Profile

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.