Wedbush Has Negative Outlook of GlobalFoundries Q2 Earnings

GlobalFoundries Inc. (NASDAQ:GFS) – Analysts at Wedbush reduced their Q2 2025 earnings estimates for shares of GlobalFoundries in a research report issued to clients and investors on Wednesday, April 16th. Wedbush analyst M. Bryson now anticipates that the company will post earnings of $0.23 per share for the quarter, down from their previous estimate of $0.25. Wedbush has a “Outperform” rating and a $60.00 price target on the stock. The consensus estimate for GlobalFoundries’ current full-year earnings is $1.31 per share. Wedbush also issued estimates for GlobalFoundries’ Q3 2025 earnings at $0.29 EPS, Q4 2025 earnings at $0.39 EPS and FY2025 earnings at $1.12 EPS.

GlobalFoundries (NASDAQ:GFS) last released its quarterly earnings results on Tuesday, February 11th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.07). GlobalFoundries had a positive return on equity of 6.05% and a negative net margin of 3.93%.

A number of other equities analysts also recently commented on the stock. UBS Group lowered their target price on shares of GlobalFoundries from $47.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, February 12th. Needham & Company LLC raised GlobalFoundries from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a report on Wednesday, February 12th. Morgan Stanley boosted their price objective on shares of GlobalFoundries from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 12th. Finally, Citigroup reduced their price target on shares of GlobalFoundries from $40.00 to $35.00 and set a “neutral” rating for the company in a research report on Friday, April 11th. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $48.85.

GlobalFoundries Price Performance

Shares of GFS opened at $31.62 on Thursday. The firm’s 50 day moving average price is $38.01 and its 200 day moving average price is $40.52. The company has a market cap of $17.48 billion, a P/E ratio of -65.87, a PEG ratio of 1.42 and a beta of 1.54. GlobalFoundries has a fifty-two week low of $29.77 and a fifty-two week high of $61.98. The company has a quick ratio of 1.57, a current ratio of 2.11 and a debt-to-equity ratio of 0.14.

Institutional Trading of GlobalFoundries

A number of institutional investors have recently added to or reduced their stakes in the stock. FMR LLC boosted its stake in shares of GlobalFoundries by 7.5% during the 4th quarter. FMR LLC now owns 53,096,556 shares of the company’s stock worth $2,278,373,000 after acquiring an additional 3,721,153 shares in the last quarter. Analog Century Management LP purchased a new position in GlobalFoundries during the 4th quarter valued at about $50,298,000. BNP Paribas Financial Markets acquired a new position in GlobalFoundries during the fourth quarter worth about $22,912,000. Adage Capital Partners GP L.L.C. purchased a new stake in shares of GlobalFoundries in the fourth quarter valued at about $16,091,000. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of GlobalFoundries in the fourth quarter valued at about $11,778,000.

GlobalFoundries Company Profile

GlobalFoundries 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.