NASDAQ:GFS GlobalFoundries (GFS) Stock Price, News & Analysis $42.80 +0.80 (+1.90%) (As of 11/22/2024 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 Get GlobalFoundries alerts:Sign Up Key Stats Today's Range$41.85▼$43.1750-Day Range$36.01▼$46.7952-Week Range$35.85▼$62.61Volume1.48 million shsAverage Volume2.48 million shsMarket Capitalization$23.62 billionP/E Ratio31.94Dividend YieldN/APrice Target$50.21Consensus RatingHold 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… Let’s be blunt (Ad)Let me be blunt with you for just a second… You may think you know when and why stocks move, but you’re wrong… Most traders have no idea about the biggest secret Wall Street keeps — even though it’s hiding in plain sight. But once you’ve cracked this code… It could be the breakthrough you need to start targeting $100-$150 a day in the stock market (starting with just $1,000)! Check out the $100 Challenge now GlobalFoundries Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks73rd Percentile Overall ScoreGFS MarketRank™: GlobalFoundries scored higher than 73% of companies evaluated by MarketBeat, and ranked 267th out of 648 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 Opinion3.2 / 5Analyst RatingHold Consensus RatingGlobalFoundries has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 6 buy ratings, 9 hold ratings, and no sell ratings.Amount of Analyst CoverageGlobalFoundries has been the subject of 10 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 Growth15.57% Earnings GrowthEarnings for GlobalFoundries are expected to grow by 15.57% in the coming year, from $1.22 to $1.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GlobalFoundries is 31.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.66.Price to Earnings Ratio vs. SectorThe P/E ratio of GlobalFoundries is 31.94, 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 225.93.Price to Earnings Growth RatioGlobalFoundries has a PEG Ratio of 10.26. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGlobalFoundries has a P/B Ratio of 2.04. 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 Shorted12.00% of the float of GlobalFoundries has been sold short.Short Interest Ratio / Days to CoverGlobalFoundries has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in GlobalFoundries has recently increased by 2.02%, 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 Shorted12.00% of the float of GlobalFoundries has been sold short.Short Interest Ratio / Days to CoverGlobalFoundries has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in GlobalFoundries has recently increased by 2.02%, indicating that investor sentiment is decreasing. News and Social Media3.1 / 5News Sentiment0.66 News SentimentGlobalFoundries has a news sentiment score of 0.66. 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 11 news articles for GlobalFoundries this week, compared to 6 articles on an average week.Search Interest25 people have searched for GFS on MarketBeat in the last 30 days. This is an increase of 213% compared to the previous 30 days.MarketBeat Follows5 people have added GlobalFoundries to their MarketBeat watchlist in the last 30 days. This is an increase of 25% 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. Receive GFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for GlobalFoundries and its competitors with MarketBeat's FREE daily newsletter. Email Address GFS Stock News HeadlinesUBS Group Begins Coverage on GlobalFoundries (NASDAQ:GFS)November 24 at 2:05 AM | americanbankingnews.comGlobalFoundries nets $1.5B from CHIPS Act despite sanctions violation fineNovember 23 at 12:14 PM | msn.comI've got news for you… Today, I’m doing something I thought I’d never do… Especially since I’m not normally a “swing for the fences” type of trader. But I’ve been quietly testing a new type of trade for a while now… And the returns are too good not to share with you. Take a look… I can’t guarantee results or against losses, but if you want to discover how I’ll target the triple return before the end of the weekNovember 24, 2024 | DTI (Ad)Contrasting Power Integrations (NASDAQ:POWI) & GlobalFoundries (NASDAQ:GFS)November 23 at 4:19 AM | americanbankingnews.comWhat's Going On With GlobalFoundries Stock Today?November 21 at 9:45 PM | benzinga.comGlobalFoundries Inc. (GFS) Secures $1.5 Billion US Grant Amid Nationwide Semiconductor Investment PushNovember 21 at 9:45 PM | msn.comGlobalFoundries initiated with a Neutral at UBSNovember 20, 2024 | msn.comUS finalizes $1.5 billion chips award for GlobalFoundries to expand productionNovember 20, 2024 | reuters.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 beginning of 2024. Since then, GFS stock has decreased by 29.4% and is now trading at $42.80. View the best growth stocks for 2024 here. How were GlobalFoundries' earnings last quarter? GlobalFoundries Inc. (NASDAQ:GFS) released its earnings results on Tuesday, November, 5th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.33 by $0.08. GlobalFoundries's revenue was down 6.1% on a year-over-year basis. When did GlobalFoundries IPO? GlobalFoundries (GFS) raised $2.4 billion in an initial public offering (IPO) on Thursday, October 28th 2021. The company issued 55,000,000 shares at a price of $42.00-$47.00 per share. Who are GlobalFoundries' major shareholders? GlobalFoundries' top institutional investors include Mubadala Investment Co PJSC (81.63%), FMR LLC (8.95%), Matrix Capital Management Company LP (2.99%) and ArrowMark Colorado Holdings LLC (0.42%). 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. What other stocks do shareholders of GlobalFoundries own? Based on aggregate information from My MarketBeat watchlists, some other companies that GlobalFoundries investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Advanced Micro Devices (AMD), Adobe (ADBE), CrowdStrike (CRWD) and Arista Networks (ANET). Company Calendar Last Earnings11/05/2024Today11/24/2024Fiscal Year End12/31/2024Next Earnings (Estimated)2/11/2025Get 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$50.21 High Stock Price Target$62.00 Low Stock Price Target$40.00 Potential Upside/Downside+17.3%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$1.34 Trailing P/E Ratio31.94 Forward P/E Ratio35.08 P/E Growth10.26Net Income$1.02 billion Net Margins10.95% Pretax Margin12.05% Return on Equity6.87% Return on Assets4.29% Debt Debt-to-Equity Ratio0.19 Current Ratio2.42 Quick Ratio1.76 Sales & Book Value Annual Sales$7.39 billion Price / Sales3.19 Cash Flow$4.62 per share Price / Cash Flow9.27 Book Value$20.99 per share Price / Book2.04Miscellaneous Outstanding Shares551,770,000Free FloatN/AMarket Cap$23.62 billion OptionableNot Optionable Beta1.53 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report This page (NASDAQ:GFS) was last updated on 11/24/2024 by MarketBeat.com Staff From Our PartnersNew post-election stock warning from Wall StreetIf you’re holding U.S. stocks, it may be time to brace for impact. The S&P 500 crossed 6,000 for the first ...Chaikin Analytics | SponsoredI was wrong. Dead wrong. I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we...Porter & Company | SponsoredPopular Stocks at Risk Under Trump—Are You Holding These?The Stocks Most At-Risk from Trump’s Victory Free e-book reveals sectors – and stocks within them – likely ...StockEarnings | SponsoredAre Your Retirement Savings Really Safe?What They Don’t Want You to Know About Your 401(k)The 2008-2010 crisis wiped out almost 50% of the value of retirement funds. 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