GlobalFoundries (GFS) News Today $41.66 -0.72 (-1.70%) (As of 11/20/2024 ET) Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends All Sources Trusted Sources MarketBeat.com Benzinga Bloomberg GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street TipRanks The Wall Street Journal Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 January 2022 December 2021 Time Period GlobalFoundries initiated with a Neutral at UBSNovember 20 at 9:20 AM | msn.comUS finalizes $1.5 billion chips award for GlobalFoundries to expand productionNovember 20 at 9:20 AM | reuters.comGlobalFoundries finalizes $1.5 billion in CHIPS Act fundingNovember 20 at 9:20 AM | bizjournals.comGlobalFoundries (NASDAQ:GFS) Now Covered by Analysts at UBS GroupUBS Group started coverage on GlobalFoundries in a research note on Wednesday. They set a "neutral" rating and a $47.00 price target for the company.November 20 at 7:50 AM | marketbeat.comSumitomo Mitsui Trust Group Inc. Boosts Stake in GlobalFoundries Inc. (NASDAQ:GFS)Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of GlobalFoundries Inc. (NASDAQ:GFS - Free Report) by 13.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 107,802 shares of the company's stock afteNovember 19 at 3:49 AM | marketbeat.comGlobalFoundries (GFS) Faces Inventory Challenges Amid Analyst DowngradesNovember 16, 2024 | msn.comUS-Based GlobalFoundries Innovates In Critical Silicon MarketsNovember 14, 2024 | forbes.comGlobalFoundries Inc. (NASDAQ:GFS) Stock Position Boosted by Versor Investments LPVersor Investments LP lifted its stake in GlobalFoundries Inc. (NASDAQ:GFS - Free Report) by 167.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,008 shares of the company's stock after acquiring an additiNovember 13, 2024 | marketbeat.com‘Someplace for them’: GlobalFoundries highlights Veterans Resource Group on Veterans DayNovember 13, 2024 | msn.comGlobalFoundries: Replacing Concern With Confidence, For Now -- Upgrading To HoldNovember 8, 2024 | seekingalpha.comCantor Fitzgerald Estimates GlobalFoundries FY2024 EarningsGlobalFoundries Inc. (NASDAQ:GFS - Free Report) - Cantor Fitzgerald raised their FY2024 earnings estimates for GlobalFoundries in a research note issued on Wednesday, November 6th. Cantor Fitzgerald analyst C. Muse now anticipates that the company will post earnings per share of $1.25 for the yeaNovember 8, 2024 | marketbeat.comGlobalFoundries (NASDAQ:GFS) Posts Quarterly Earnings Results, Beats Estimates By $0.08 EPSGlobalFoundries (NASDAQ:GFS - Get Free Report) posted its earnings results on Tuesday. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.08. GlobalFoundries had a net margin of 11.82% and a return on equity of 7.75%. The company had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same period last year, the business posted $0.47 earnings per share. The business's revenue for the quarter was down 6.1% compared to the same quarter last year.November 7, 2024 | marketbeat.comTaiwan Semi, GlobalFoundries said to conclude talks over final CHIPS Act awardsNovember 7, 2024 | msn.comTSMC, GlobalFoundries Finish Talks Over Billions in Chips AwardsNovember 6, 2024 | msn.comGlobalFoundries' poised to get final Chips Act award - sourceNovember 6, 2024 | reuters.comGlobalFoundries Stock Jumps on Chipmaker's Earnings, Bullish OutlookNovember 6, 2024 | msn.comDid GlobalFoundries Inc (GFS) Face Penalties for AI Chip Shipments?November 6, 2024 | msn.comGlobalFoundries Inc (GFS): New Buy Recommendation for This Technology GiantNovember 6, 2024 | markets.businessinsider.comWhy Globalfoundries Rallied TodayNovember 6, 2024 | fool.comGlobalFoundries (NASDAQ:GFS) Earns "Neutral" Rating from Cantor FitzgeraldCantor Fitzgerald reissued a "neutral" rating and set a $40.00 target price on shares of GlobalFoundries in a research note on Wednesday.November 6, 2024 | marketbeat.comGlobalFoundries' (GFS) "Hold" Rating Reaffirmed at Needham & Company LLCNeedham & Company LLC restated a "hold" rating on shares of GlobalFoundries in a research note on Wednesday.November 6, 2024 | marketbeat.comRobert W. Baird Cuts GlobalFoundries (NASDAQ:GFS) Price Target to $50.00Robert W. Baird cut their target price on shares of GlobalFoundries from $63.00 to $50.00 and set an "outperform" rating for the company in a research report on Wednesday.November 6, 2024 | marketbeat.comWhy Global Foundries Stock Jumped TodayNovember 5, 2024 | fool.comGlobalFoundries (NASDAQ:GFS) Shares Gap Up - Here's What HappenedGlobalFoundries (NASDAQ:GFS) Shares Gap Up - What's Next?November 5, 2024 | marketbeat.comGlobalFoundries, Inc. (GFS) Q3 2024 Earnings Call TranscriptNovember 5, 2024 | seekingalpha.comGlobalFoundries Inc. 2024 Q3 - Results - Earnings Call PresentationNovember 5, 2024 | seekingalpha.comGlobalFoundries Q3 Results Top Estimates; Guides Q4 Above ViewNovember 5, 2024 | markets.businessinsider.comGlobalFoundries forecasts upbeat Q4 results on strong demand from smartphone makersNovember 5, 2024 | reuters.comGlobalFoundries (NASDAQ:GFS) Releases Q4 Earnings GuidanceGlobalFoundries (NASDAQ:GFS) updated its fourth quarter earnings guidance. The company provided EPS guidance of $0.39-0.51 for the period, compared to the consensus estimate of $0.38. The company also issued revenue guidance of $1.80-1.85 billionillion, compared to the consensus estimate of $1.80 billionillion.November 5, 2024 | marketbeat.comGlobalFoundries (NASDAQ:GFS) Updates Q4 2024 Earnings GuidanceGlobalFoundries (NASDAQ:GFS) updated its fourth quarter 2024 earnings guidance. The company provided EPS guidance of 0.390-0.510 for the period, compared to the consensus estimate of 0.370. The company also issued revenue guidance of $1.8 billionillion-$1.9 billionillion, compared to the consensus estimate of $1.8 billionillion.November 5, 2024 | marketbeat.comGlobalFoundries Reports Third Quarter 2024 Financial ResultsNovember 5, 2024 | globenewswire.comUS fines GlobalFoundries for shipping chips to sanctioned Chinese firmNovember 2, 2024 | msn.comUS penalizes GlobalFoundries for shipping chips to Chinese firmNovember 1, 2024 | reuters.comGlobalFoundries Inc. (NASDAQ:GFS) Receives Consensus Rating of "Hold" from AnalystsGlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) has been given a consensus recommendation of "Hold" by the fourteen research firms that are presently covering the company, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold rating and six have given a buy ratingNovember 1, 2024 | marketbeat.comGlobalFoundries (NASDAQ:GFS) Sets New 52-Week Low - Here's What HappenedGlobalFoundries (NASDAQ:GFS) Hits New 52-Week Low - Should You Sell?October 31, 2024 | marketbeat.comMorgan Stanley Downgrades GLOBALFOUNDRIES (GFS)October 29, 2024 | msn.comGlobalFoundries (GFS) to Release Quarterly Earnings on TuesdayGlobalFoundries (NASDAQ:GFS) will be releasing earnings before the market opens on Tuesday, November 5, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=633469)October 29, 2024 | marketbeat.comGlobalFoundries downgraded to Equal Weight from Overweight at Morgan StanleyOctober 28, 2024 | markets.businessinsider.comGlobalFoundries (NASDAQ:GFS) Shares Gap Down - Time to Sell?GlobalFoundries (NASDAQ:GFS) Shares Gap Down - What's Next?October 28, 2024 | marketbeat.comGFS downgraded at Morgan Stanley on potential pricing pressure from TSMC, ChinaOctober 28, 2024 | msn.comUnveiling 6 Analyst Insights On GLOBALFOUNDRIESOctober 28, 2024 | benzinga.comGlobalFoundries (NASDAQ:GFS) Downgraded to Equal Weight at Morgan StanleyMorgan Stanley cut shares of GlobalFoundries from an "overweight" rating to an "equal weight" rating and dropped their target price for the company from $53.00 to $43.00 in a report on Monday.October 28, 2024 | marketbeat.comInternational Assets Investment Management LLC Purchases 151,384 Shares of GlobalFoundries Inc. (NASDAQ:GFS)International Assets Investment Management LLC grew its position in GlobalFoundries Inc. (NASDAQ:GFS - Free Report) by 2,162.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 158,384 shares of the company's stock afterOctober 27, 2024 | marketbeat.comMirae Asset Global Investments Co. Ltd. Has $34.79 Million Stock Holdings in GlobalFoundries Inc. (NASDAQ:GFS)Mirae Asset Global Investments Co. Ltd. trimmed its stake in shares of GlobalFoundries Inc. (NASDAQ:GFS - Free Report) by 2.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 849,538 shares of the compaOctober 26, 2024 | marketbeat.comGlobalFoundries, NXP Semiconductors to deliver next-gen 22FDX solutionsOctober 23, 2024 | markets.businessinsider.comGlobalFoundries (NASDAQ:GFS) Reaches New 1-Year Low - Should You Sell?GlobalFoundries (NASDAQ:GFS) Sets New 12-Month Low - Time to Sell?October 23, 2024 | marketbeat.comGlobalFoundries and NXP to Deliver Next-Generation 22FDX Solutions for Automotive, IoT and Smart MobileOctober 23, 2024 | globenewswire.comIs Globalfoundries Inc. (GFS) the Best QQQ Stock to Buy According to Analysts?October 20, 2024 | msn.comGLOBALFOUNDRIES Inc. (GFS): Worst Performing NASDAQ Stock in 2024October 19, 2024 | msn.comThe Manufacturers Life Insurance Company Sells 353,970 Shares of GlobalFoundries Inc. (NASDAQ:GFS)The Manufacturers Life Insurance Company cut its position in shares of GlobalFoundries Inc. (NASDAQ:GFS - Free Report) by 97.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,852 shares of the companOctober 17, 2024 | marketbeat.com Get GlobalFoundries News Delivered to You Automatically Sign up to receive the latest news and ratings for GFS and its competitors with MarketBeat's FREE daily newsletter. Email Address Breaking News: Tesla headed to $500… (Ad)That headline hit late last night…and the rally has begun Which is why we want to urge you to go ahead and download Lance’s e-Book now outlining his bullish case for Tesla. So to claim your free digital copy today, simply follow this link and enter your email address. GFS Media Mentions By Week GFS Media Sentiment Learn about the media sentiment score. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. GFS News Sentiment▼0.590.58▲Average Computer and Technology News Sentiment GFS News Coverage Learn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. GFS Articles This Week▼86▲GFS Articles Average Week Get GlobalFoundries News Delivered to You Automatically Sign up to receive the latest news and ratings for GFS and its competitors with MarketBeat's FREE daily newsletter. 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