Wedbush Issues Negative Outlook for GlobalFoundries Earnings

GlobalFoundries Inc. (NASDAQ:GFS) – Equities researchers at Wedbush reduced their Q2 2025 earnings per share (EPS) estimates for GlobalFoundries in a note issued to investors on Wednesday, February 12th. Wedbush analyst M. Bryson now anticipates that the company will earn $0.25 per share for the quarter, down from their previous estimate of $0.32. Wedbush has a “Outperform” rating and a $60.00 price objective on the stock. The consensus estimate for GlobalFoundries’ current full-year earnings is $1.22 per share.

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

GFS has been the subject of a number of other reports. Morgan Stanley increased their price target on GlobalFoundries from $40.00 to $42.00 and gave the company an “equal weight” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft decreased their price target on GlobalFoundries from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. UBS Group decreased their price target on GlobalFoundries from $47.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $40.00 price target on shares of GlobalFoundries in a research report on Wednesday, November 6th. Finally, Citigroup decreased their target price on GlobalFoundries from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, GlobalFoundries currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.64.

GlobalFoundries Stock Up 0.8 %

GFS stock opened at $43.16 on Friday. GlobalFoundries has a twelve month low of $35.85 and a twelve 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. The stock’s 50 day moving average is $42.31 and its 200-day moving average is $42.27. The firm has a market capitalization of $23.81 billion, a PE ratio of 32.21, a P/E/G ratio of 8.23 and a beta of 1.56.

Hedge Funds Weigh In On GlobalFoundries

Several hedge funds have recently made changes to their positions in the stock. Inspire Investing LLC boosted its stake in GlobalFoundries by 36.4% during the third quarter. Inspire Investing LLC now owns 7,033 shares of the company’s stock valued at $283,000 after buying an additional 1,875 shares during the period. Creative Planning bought a new stake in GlobalFoundries during the third quarter valued at $295,000. Allspring Global Investments Holdings LLC bought a new stake in GlobalFoundries during the third quarter valued at $34,000. International Assets Investment Management LLC boosted its stake in GlobalFoundries by 2,162.6% during the third quarter. International Assets Investment Management LLC now owns 158,384 shares of the company’s stock valued at $63,750,000 after buying an additional 151,384 shares during the period. Finally, X Square Capital LLC boosted its stake in GlobalFoundries by 3.8% during the third quarter. X Square Capital LLC now owns 24,329 shares of the company’s stock valued at $979,000 after buying an additional 894 shares during the period.

About GlobalFoundries

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.