GlobalFoundries FY2025 EPS Decreased by Cantor Fitzgerald

GlobalFoundries Inc. (NASDAQ:GFS) – Analysts at Cantor Fitzgerald dropped their FY2025 earnings per share (EPS) estimates for GlobalFoundries in a research note issued to investors on Wednesday, February 12th. Cantor Fitzgerald analyst C. Muse now forecasts that the company will post earnings per share of $1.30 for the year, down from their prior estimate of $1.36. Cantor Fitzgerald currently has a “Neutral” rating and a $40.00 target price on the stock. The consensus estimate for GlobalFoundries’ current full-year earnings is $1.22 per share.

A number of other equities analysts have also recently issued reports on the company. Citigroup reduced their target price on GlobalFoundries from $45.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th. Susquehanna reduced their target price on GlobalFoundries from $50.00 to $48.00 and set a “neutral” rating on the stock in a report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft reduced their target price on GlobalFoundries from $55.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. UBS Group reduced their target price on GlobalFoundries from $47.00 to $45.00 and set a “neutral” rating on the stock in a report on Wednesday. Finally, Robert W. Baird reduced their target price on GlobalFoundries from $63.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $50.00.

GlobalFoundries Price Performance

GlobalFoundries stock opened at $42.82 on Thursday. The business’s 50-day simple moving average is $42.37 and its 200 day simple moving average is $42.33. The stock has a market cap of $23.63 billion, a price-to-earnings ratio of 31.96, a P/E/G ratio of 8.23 and a beta of 1.56. GlobalFoundries has a 12-month low of $35.85 and a 12-month high of $61.98. The company has a quick ratio of 1.76, a current ratio of 2.42 and a debt-to-equity ratio of 0.19.

GlobalFoundries (NASDAQ:GFS) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.07). GlobalFoundries had a net margin of 10.95% and a return on equity of 6.87%.

Hedge Funds Weigh In On GlobalFoundries

Institutional investors have recently modified their holdings of the business. Quantbot Technologies LP raised its position in GlobalFoundries by 89.0% in the 3rd quarter. Quantbot Technologies LP now owns 73,762 shares of the company’s stock valued at $2,969,000 after buying an additional 34,731 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in GlobalFoundries by 1,935.4% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 127,210 shares of the company’s stock valued at $5,120,000 after buying an additional 120,960 shares during the last quarter. SG Americas Securities LLC acquired a new stake in GlobalFoundries in the 4th quarter valued at approximately $1,748,000. Versor Investments LP raised its position in GlobalFoundries by 167.7% in the 3rd quarter. Versor Investments LP now owns 19,008 shares of the company’s stock valued at $765,000 after buying an additional 11,908 shares during the last quarter. Finally, Weiss Asset Management LP acquired a new stake in GlobalFoundries in the 3rd quarter valued at approximately $8,361,000.

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.