NASDAQ:GFS GlobalFoundries (GFS) Stock Price, News & Analysis $39.65 +0.70 (+1.80%) (As of 10/4/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About GlobalFoundries Stock (NASDAQ:GFS) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$39.29▼$40.2150-Day Range$38.56▼$51.4852-Week Range$38.45▼$62.61Volume952,182 shsAverage Volume1.58 million shsMarket Capitalization$21.88 billionP/E Ratio24.48Dividend YieldN/APrice Target$57.54Consensus RatingModerate Buy Company OverviewGlobalFoundries 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. GlobalFoundries Inc. has a strategic partnership with Efficient Computer to develop high-performance computer processors. The company was incorporated in 2008 and is headquartered in Malta, New York.Read More… Has Trump Finally Gone Too Far? (Ad)Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.Register For The Webinar To Discover GlobalFoundries Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks84th Percentile Overall ScoreGFS MarketRank™: GlobalFoundries scored higher than 84% of companies evaluated by MarketBeat, and ranked 151st out of 669 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.3 / 5Analyst RatingModerate Buy Consensus RatingGlobalFoundries has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageGlobalFoundries has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about GlobalFoundries' stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth48.62% Earnings GrowthEarnings for GlobalFoundries are expected to grow by 48.62% in the coming year, from $1.09 to $1.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GlobalFoundries is 24.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.92.Price to Earnings Ratio vs. SectorThe P/E ratio of GlobalFoundries is 24.48, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 227.40.Price to Earnings Growth RatioGlobalFoundries has a PEG Ratio of 6.36. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGlobalFoundries has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about GlobalFoundries' valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted13.64% of the float of GlobalFoundries has been sold short.Short Interest Ratio / Days to CoverGlobalFoundries has a short interest ratio ("days to cover") of 7.8.Change versus previous monthShort interest in GlobalFoundries has recently increased by 4.64%, indicating that investor sentiment is decreasing. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldGlobalFoundries does not currently pay a dividend.Dividend GrowthGlobalFoundries does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted13.64% of the float of GlobalFoundries has been sold short.Short Interest Ratio / Days to CoverGlobalFoundries has a short interest ratio ("days to cover") of 7.8.Change versus previous monthShort interest in GlobalFoundries has recently increased by 4.64%, indicating that investor sentiment is decreasing. News and Social Media2.5 / 5News Sentiment0.58 News SentimentGlobalFoundries has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for GlobalFoundries this week, compared to 5 articles on an average week.Search InterestOnly 5 people have searched for GFS on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat Follows9 people have added GlobalFoundries to their MarketBeat watchlist in the last 30 days. This is an increase of 350% compared to the previous 30 days. Company OwnershipN/AInsider TradingN/A Insider Buying vs. Insider SellingIn the past three months, GlobalFoundries insiders have not sold or bought any company stock.Read more about GlobalFoundries' insider trading history. GFS Stock News Headlines4 Reasons GlobalFoundries Could Be a Big Winner After Recent LowsGlobalFoundries Inc. (NASDAQ: GFS) is a leading global semiconductor foundry that makes chips for AMD, Broadcom, Qualcomm, Cirrus Logic, and NXP Semiconductors.September 24, 2024 | marketbeat.comIs It Time to Buy September's Worst-Performing Nasdaq Stocks?October 5 at 4:00 AM | fool.comNotice: Major payout due November 19th - are you on the list?On Tuesday, November 19, 2024 smart investors will collect their share of a $1.2 billion windfall... It's part of a unique strategy which has nothing to do with risky investments like options, cryptos or forex. And while it might sound crazy...October 5, 2024 | Behind the Markets (Ad)Why GlobalFoundries (GFS) Stock Is Moving TodayOctober 4 at 12:50 PM | gurufocus.comWhy GlobalFoundries Stock Fell 14% Last MonthOctober 4 at 12:40 PM | fool.comGlobalFoundries (NASDAQ:GFS) Reaches New 52-Week Low - What's Next?October 3 at 6:45 PM | americanbankingnews.comGLOBALFOUNDRIES Inc (GFS) Trading 3.92% Higher on Oct 2October 2 at 12:08 PM | gurufocus.comIs GlobalFoundries Inc. (NASDAQ:GFS) the Best Long Term Tech Stock To Invest In Now?September 29, 2024 | msn.comSee More Headlines GFS Stock Analysis - Frequently Asked Questions How have GFS shares performed this year? GlobalFoundries' stock was trading at $60.60 at the start of the year. Since then, GFS shares have decreased by 34.6% and is now trading at $39.65. View the best growth stocks for 2024 here. How were GlobalFoundries' earnings last quarter? GlobalFoundries Inc. (NASDAQ:GFS) posted its earnings results on Tuesday, August, 6th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.10. The firm's revenue was down 11.5% compared to the same quarter last year. When did GlobalFoundries IPO? GlobalFoundries (GFS) raised $2.4 billion in an initial public offering on Thursday, October 28th 2021. The company issued 55,000,000 shares at $42.00-$47.00 per share. How do I buy shares of GlobalFoundries? Shares of GFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Company Calendar Last Earnings8/06/2024Today10/05/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryElectronic Equipment Current SymbolNASDAQ:GFS Previous SymbolNASDAQ:GFS CUSIPN/A CIK1709048 Webwww.globalfoundries.com Phone518-305-9013FaxN/AEmployees12,000Year FoundedN/APrice Target and Rating Average Stock Price Target$57.54 High Stock Price Target$71.00 Low Stock Price Target$43.00 Potential Upside/Downside+45.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$1.62 Trailing P/E Ratio24.48 Forward P/E Ratio36.38 P/E Growth6.36Net Income$1.02 billion Net Margins11.82% Pretax Margin12.55% Return on Equity7.75% Return on Assets4.78% Debt Debt-to-Equity Ratio0.19 Current Ratio2.22 Quick Ratio1.59 Sales & Book Value Annual Sales$6.89 billion Price / Sales3.18 Cash Flow$4.57 per share Price / Cash Flow8.68 Book Value$20.15 per share Price / Book1.97Miscellaneous Outstanding Shares551,765,000Free FloatN/AMarket Cap$21.88 billion OptionableNot Optionable Beta1.52 This page (NASDAQ:GFS) was last updated on 10/5/2024 by MarketBeat.com Staff From Our PartnersThe panic button has already been pressedIf you missed it, my emergency election broadcast is now available on replay.Porter & Company | SponsoredMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… ...Paradigm Press | SponsoredWho are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.Weiss Ratings | SponsoredGolden Equation: Volatility = OpportunityWhen the market swings wildly, most investors panic… But it doesn't have to be this way. You see, when t...Prosper Trading Academy | SponsoredUnveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time N...Behind the Markets | SponsoredWall St. Icon: Looming Financial Tsunami will Wipe Out the 1%Wall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American...InvestorPlace | SponsoredDo NOT Day Trade (Do THIS instead)Forget day trading (especially in markets like these). Trade OVERNIGHT instead! I've uncovered a shockin...Monument Traders Alliance | SponsoredAI expert reveals new Nvidia predictionEveryone’s talking about AI right now, but I’ve been talking about it for years. And now I’ve just released...Brownstone Research | Sponsored Adding Choose a watchlist: Watchlist My Default Watchlist Adding GlobalFoundries Inc. You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Please log in to your account or sign up in order to add this asset to your watchlist. Share GlobalFoundries With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.