NASDAQ:GFS GlobalFoundries (GFS) Stock Price, News & Analysis $42.41 +0.32 (+0.76%) (As of 11/13/2024 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$41.42▼$42.5650-Day Range$36.01▼$46.7952-Week Range$35.85▼$62.61Volume1.49 million shsAverage Volume1.63 million shsMarket Capitalization$23.40 billionP/E Ratio31.65Dividend YieldN/APrice Target$50.46Consensus 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… ⭕ [URGENT] Buy Alert just triggered (Ad)My absolute favorite stock just hit a critical "buy now" trigger price.Click here for the ticker >>> GlobalFoundries Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks71st Percentile Overall ScoreGFS MarketRank™: GlobalFoundries scored higher than 71% of companies evaluated by MarketBeat, and ranked 284th out of 658 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 2.43, and is based on 6 buy ratings, 8 hold ratings, and no sell ratings.Amount of Analyst CoverageGlobalFoundries has been the subject of 9 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 31.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.74.Price to Earnings Ratio vs. SectorThe P/E ratio of GlobalFoundries is 31.65, 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 230.90.Price to Earnings Growth RatioGlobalFoundries has a PEG Ratio of 10.28. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGlobalFoundries has a P/B Ratio of 2.02. 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 Media2.4 / 5News Sentiment0.25 News SentimentGlobalFoundries has a news sentiment score of 0.25. 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 is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 12 news articles for GlobalFoundries this week, compared to 6 articles on an average week.Search Interest21 people have searched for GFS on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added GlobalFoundries to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 Headlines‘Someplace for them’: GlobalFoundries highlights Veterans Resource Group on Veterans DayNovember 13 at 3:24 AM | msn.comCantor Fitzgerald Forecasts GlobalFoundries FY2024 EarningsNovember 9, 2024 | americanbankingnews.comNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …November 14, 2024 | Weiss Ratings (Ad)GlobalFoundries: Replacing Concern With Confidence, For Now -- Upgrading To HoldNovember 8, 2024 | seekingalpha.comWedbush Reaffirms Outperform Rating for GlobalFoundries (NASDAQ:GFS)November 7, 2024 | americanbankingnews.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.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 stock has decreased by 30.0% and is now trading at $42.41. View the best growth stocks for 2024 here. How were GlobalFoundries' earnings last quarter? GlobalFoundries Inc. (NASDAQ:GFS) issued its quarterly earnings data on Tuesday, November, 5th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.08. The firm's revenue for the quarter 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? Top institutional shareholders of GlobalFoundries include Mubadala Investment Co PJSC (81.63%), FMR LLC (8.95%), Mirae Asset Global Investments Co. Ltd. (0.15%) and Citigroup Inc. (0.11%). 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 Earnings11/05/2024Today11/14/2024Fiscal 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$50.46 High Stock Price Target$62.00 Low Stock Price Target$40.00 Potential Upside/Downside+19.0%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$1.34 Trailing P/E Ratio31.65 Forward P/E Ratio34.76 P/E Growth10.28Net 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 / Sales3.17 Cash Flow$4.57 per share Price / Cash Flow9.29 Book Value$20.99 per share Price / Book2.02Miscellaneous Outstanding Shares551,770,000Free FloatN/AMarket Cap$23.40 billion OptionableNot Optionable Beta1.53 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report This page (NASDAQ:GFS) was last updated on 11/14/2024 by MarketBeat.com Staff From Our PartnersBlackrock’s Sending THIS Crypto Higher on PurposeIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this su...Crypto 101 Media | SponsoredWhat are you hiding Elon?? (Tesla’s secret 69% dividend)Tesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...Investors Alley | Sponsored“This Changes Everything” - Trump Hands Millions Massive IRS GiftNow it's your time to return the favor by taking advantage of this tax "revenge loophole." Because even as ...Colonial Metals | SponsoredBill Gates’s Next Big AI Bet: StargateIn February 2016… when almost nobody was talking about artificial intelligence…. 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