GlobalFoundries (NASDAQ:GFS) Upgraded at Susquehanna

Susquehanna upgraded shares of GlobalFoundries (NASDAQ:GFS) from a neutral rating to a positive rating in a research note published on Wednesday, Marketbeat Ratings reports. Susquehanna currently has $100.00 price target on the stock, up from their previous price target of $50.00.

Other research analysts have also issued reports about the stock. The Goldman Sachs Group restated a “neutral” rating and set a $70.00 price objective on shares of GlobalFoundries in a research note on Tuesday. Cantor Fitzgerald raised GlobalFoundries from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $50.00 to $80.00 in a research report on Monday. Dbs Bank downgraded shares of GlobalFoundries from a “moderate buy” rating to a “hold” rating in a report on Friday, February 13th. Morgan Stanley set a $43.00 price target on shares of GlobalFoundries in a research note on Monday, February 9th. Finally, Citigroup raised their price objective on shares of GlobalFoundries from $42.00 to $49.00 and gave the stock a “neutral” rating in a research report on Thursday, February 12th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $66.06.

GlobalFoundries Stock Performance

Shares of NASDAQ GFS opened at $74.12 on Wednesday. The stock has a 50 day moving average price of $50.25 and a 200 day moving average price of $42.88. GlobalFoundries has a 52 week low of $31.51 and a 52 week high of $76.37. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.95 and a current ratio of 2.59. The stock has a market capitalization of $41.24 billion, a PE ratio of 53.32, a price-to-earnings-growth ratio of 2.77 and a beta of 1.71.

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

GlobalFoundries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Wednesday, June 24th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, June 24th. This represents a $0.48 annualized dividend and a yield of 0.6%.

Insider Transactions at GlobalFoundries

In other news, Director Glenda Dorchak sold 4,000 shares of the business’s 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 transaction, the director directly owned 18,867 shares in the company, valued at $1,102,964.82. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael James Hogan sold 500 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $70.00, for a total value of $35,000.00. Following the sale, the insider directly owned 15,395 shares in the company, valued at $1,077,650. The trade was a 3.15% 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 three months, insiders have sold 15,700 shares of company stock valued at $836,067.

Institutional Investors Weigh In On GlobalFoundries

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Invesco Ltd. lifted its holdings in shares of GlobalFoundries by 7.9% in the 3rd quarter. Invesco Ltd. now owns 2,962,385 shares of the company’s stock valued at $106,172,000 after buying an additional 217,866 shares during the period. AQR Capital Management LLC lifted its holdings in GlobalFoundries by 9.9% in the fourth quarter. AQR Capital Management LLC now owns 2,865,046 shares of the company’s stock valued at $100,047,000 after acquiring an additional 257,254 shares during the period. Bessemer Group Inc. boosted its position in GlobalFoundries by 8,275,141.2% in the 1st quarter. Bessemer Group Inc. now owns 2,813,582 shares of the company’s stock worth $125,147,000 after purchasing an additional 2,813,548 shares in the last quarter. First Trust Advisors LP grew its stake in shares of GlobalFoundries by 15.2% during the 3rd quarter. First Trust Advisors LP now owns 2,659,454 shares of the company’s stock worth $95,315,000 after purchasing an additional 350,743 shares during the period. Finally, Marshall Wace LLP increased its holdings in shares of GlobalFoundries by 126.0% during the 4th quarter. Marshall Wace LLP now owns 2,382,003 shares of the company’s stock valued at $83,180,000 after purchasing an additional 1,328,129 shares in the last quarter.

Key Headlines Impacting 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

About GlobalFoundries

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.