Analysts Set GlobalFoundries Inc. (NASDAQ:GFS) Price Target at $50.12

Shares of GlobalFoundries Inc. (NASDAQ:GFS) have earned an average rating of “Hold” from the twenty ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $66.0588.

Several equities research analysts have recently issued reports on GFS shares. Loop Capital set a $80.00 price target on GlobalFoundries in a research report on Monday, May 4th. JPMorgan Chase & Co. raised their price target on GlobalFoundries from $45.00 to $70.00 and gave the company a “neutral” rating in a research report on Wednesday. Needham & Company LLC raised their price target on GlobalFoundries from $55.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Robert W. Baird set a $100.00 price target on GlobalFoundries in a research report on Wednesday. Finally, Citigroup raised their price target on GlobalFoundries from $49.00 to $70.00 and gave the company a “neutral” rating in a research report on Wednesday.

Trending Headlines about GlobalFoundries

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: GlobalFoundries announced its first-ever quarterly dividend and a plan to return up to 50% of adjusted free cash flow to shareholders, signaling a stronger commitment to capital returns. GlobeNewswire Release
• Positive Sentiment: The company highlighted long-term growth opportunities in AI data centers and other AI-driven markets, reinforcing a growth narrative that investors have been rewarding. QuiverQuant Summary
• Positive Sentiment: Susquehanna upgraded GFS to positive, and other analysts raised price targets, adding momentum to the stock. Susquehanna Upgrade
• Neutral Sentiment: An insider sold 500 shares under a Rule 10b5-1 plan; the transaction is routine and not necessarily a bearish signal. SEC Form 4
• Negative Sentiment: Management’s forward-looking language highlighted geopolitical, trade, and execution risks, which could pressure shares if growth or cash-flow goals are not met. QuiverQuant Risk Discussion

GlobalFoundries Price Performance

NASDAQ GFS opened at $74.12 on Tuesday. GlobalFoundries has a fifty-two week low of $31.51 and a fifty-two week high of $76.37. The stock’s 50-day moving average is $50.25 and its two-hundred day moving average is $42.88. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.59 and a quick ratio of 1.95. The firm has a market cap of $41.24 billion, a P/E ratio of 53.32, a price-to-earnings-growth ratio of 2.90 and a beta of 1.71.

GlobalFoundries (NASDAQ:GFS) last posted its earnings results on Tuesday, May 5th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.05. The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.The business’s revenue was up 3.1% compared to the same quarter last year. During the same period last year, the company earned $0.34 earnings per share. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, analysts anticipate that GlobalFoundries will post 1.38 earnings per share for the current fiscal year.

GlobalFoundries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Wednesday, June 24th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, June 24th. GlobalFoundries’s dividend payout ratio (DPR) is currently 34.53%.

Insider Activity

In related news, insider Michael James Hogan sold 500 shares of GlobalFoundries stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $70.00, for a total transaction of $35,000.00. Following the sale, the insider directly owned 15,395 shares of the company’s stock, valued at $1,077,650. This trade represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Glenda Dorchak sold 4,000 shares of GlobalFoundries stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $58.46, for a total value of $233,840.00. Following the sale, the director directly owned 18,867 shares in the company, valued at approximately $1,102,964.82. This trade represents a 17.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 15,700 shares of company stock valued at $836,067.

Institutional Investors Weigh In On GlobalFoundries

A number of institutional investors have recently added to or reduced their stakes in GFS. WealthCollab LLC boosted its holdings in GlobalFoundries by 674.7% during the fourth quarter. WealthCollab LLC now owns 705 shares of the company’s stock valued at $25,000 after purchasing an additional 614 shares in the last quarter. True Wealth Design LLC boosted its holdings in GlobalFoundries by 216.7% during the fourth quarter. True Wealth Design LLC now owns 795 shares of the company’s stock valued at $28,000 after purchasing an additional 544 shares in the last quarter. Clearstead Advisors LLC boosted its holdings in GlobalFoundries by 91.9% during the third quarter. Clearstead Advisors LLC now owns 808 shares of the company’s stock valued at $29,000 after purchasing an additional 387 shares in the last quarter. First Horizon Corp acquired a new stake in GlobalFoundries during the third quarter valued at approximately $33,000. Finally, Covestor Ltd boosted its holdings in GlobalFoundries by 57.6% during the fourth quarter. Covestor Ltd now owns 955 shares of the company’s stock valued at $33,000 after purchasing an additional 349 shares in the last quarter.

GlobalFoundries Company Profile

GlobalFoundries, Inc (NASDAQ: GFS) is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers. The company operates as a pure-play foundry, producing integrated circuits across a range of process technologies for customers in markets such as automotive, communications, consumer electronics, industrial, and aerospace. Its service offering spans process development, manufacturing, test and packaging support, and design enablement including process design kits (PDKs) and intellectual property (IP) libraries to help customers bring designs to production.

GlobalFoundries focuses on a portfolio of differentiated and specialty process nodes, offering technologies for radio-frequency (RF) and wireless, analog and mixed-signal, power management, embedded non-volatile memory, and silicon-on-insulator (SOI) process families.