NASDAQ:GFS GLOBALFOUNDRIES (GFS) Stock Price, News & Analysis → Gold Set to EXPLODE! (From Gold Safe Exchange) (Ad) Free GFS Stock Alerts $51.09 -0.51 (-0.99%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$50.89▼$52.2450-Day Range$46.26▼$54.6252-Week Range$45.52▼$68.57Volume958,892 shsAverage Volume1.54 million shsMarket Capitalization$28.28 billionP/E Ratio31.54Dividend YieldN/APrice Target$60.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get GLOBALFOUNDRIES alerts: Email Address GLOBALFOUNDRIES MarketRank™ Stock AnalysisAnalyst RatingHold2.46 Rating ScoreUpside/Downside18.4% Upside$60.50 Price TargetShort InterestBearish16.42% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.61Based on 29 Articles This WeekInsider TradingN/AProj. Earnings Growth105.88%From $1.02 to $2.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.56 out of 5 starsComputer And Technology Sector233rd out of 601 stocksSemiconductors & Related Devices Industry37th out of 89 stocks 3.2 Analyst's Opinion Consensus RatingGLOBALFOUNDRIES has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 6 buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageGLOBALFOUNDRIES has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about GLOBALFOUNDRIES's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted16.42% of the float of GLOBALFOUNDRIES has been sold short.Short Interest Ratio / Days to CoverGLOBALFOUNDRIES has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in GLOBALFOUNDRIES has recently decreased by 3.67%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldGLOBALFOUNDRIES does not currently pay a dividend.Dividend GrowthGLOBALFOUNDRIES does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GFS. Previous Next 2.6 News and Social Media Coverage News SentimentGLOBALFOUNDRIES has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 29 news articles for GLOBALFOUNDRIES this week, compared to 6 articles on an average week.Search Interest12 people have searched for GFS on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added GLOBALFOUNDRIES to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, GLOBALFOUNDRIES insiders have not sold or bought any company stock.Read more about GLOBALFOUNDRIES's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for GLOBALFOUNDRIES are expected to grow by 105.88% in the coming year, from $1.02 to $2.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GLOBALFOUNDRIES is 31.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.02.Price to Earnings Ratio vs. SectorThe P/E ratio of GLOBALFOUNDRIES is 31.54, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 220.41.Price to Earnings Growth RatioGLOBALFOUNDRIES has a PEG Ratio of 5.10. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGLOBALFOUNDRIES has a P/B Ratio of 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about GLOBALFOUNDRIES's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeGold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! About GLOBALFOUNDRIES Stock (NASDAQ:GFS)GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units; and offers mainstream wafer fabrication services and technologies. The company was founded in 2009 and is based in Malta, New York.Read More GFS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GFS Stock News HeadlinesMay 7, 2024 | marketbeat.comTech Earnings Insights: Where Opportunity Meets Uncertainty (GFS)Tech earnings season presents a complex mix of opportunities and challenges for investors navigating this dynamic and ever-evolving sector.April 24, 2024 | marketbeat.com3 Technologies to Challenge NAND Flash Dominance in AI (GFS)Artificial intelligence (AI) applications and platforms are growing like weeds. The arms race for AI superiority continues to be waged between the chip makersMay 12, 2024 | Gold Safe Exchange (Ad)Gold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.May 12, 2024 | americanbankingnews.comGLOBALFOUNDRIES (NASDAQ:GFS) Stock Rating Reaffirmed by Needham & Company LLCMay 10, 2024 | finance.yahoo.comGLOBALFOUNDRIES Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsMay 10, 2024 | markets.businessinsider.comOutperform Rating for GlobalFoundries Amid Strong Automotive Focus and Robust FinancialsMay 10, 2024 | americanbankingnews.comGLOBALFOUNDRIES Inc. (NASDAQ:GFS) Receives Average Rating of "Hold" from AnalystsMay 10, 2024 | americanbankingnews.comGLOBALFOUNDRIES (NASDAQ:GFS) PT Raised to $50.00 at SusquehannaMay 12, 2024 | Gold Safe Exchange (Ad)Gold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.May 8, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Arista Networks (ANET) and GlobalFoundries Inc (GFS)May 8, 2024 | finance.yahoo.comGLOBALFOUNDRIES Inc. (NASDAQ:GFS) Q1 2024 Earnings Call TranscriptMay 8, 2024 | finance.yahoo.comGLOBALFOUNDRIES Inc (GFS) (Q1 2024) Earnings Call Transcript Highlights: Navigating Challenges ...May 7, 2024 | finance.yahoo.comUS Chips Act Beneficiary GlobalFoundries Stock Soars On Q1 Earnings - What's Going On?May 7, 2024 | investopedia.comTech Stocks on the Move Today: GlobalFoundries, Datadog, and MoreMay 7, 2024 | investopedia.comGlobalFoundries Stock Surges as Income Nearly Doubles ExpectationsMay 7, 2024 | finanznachrichten.deGlobalFoundries Inc.: GlobalFoundries Reports First Quarter 2024 Financial ResultsMay 7, 2024 | investors.comChipmaker GlobalFoundries Tops Q1 Views, Offers Reassuring OutlookMay 7, 2024 | globenewswire.comGlobalFoundries Reports First Quarter 2024 Financial ResultsMay 6, 2024 | americanbankingnews.comGLOBALFOUNDRIES (NASDAQ:GFS) PT Lowered to $43.00 at HSBCMay 5, 2024 | msn.comGF–Town of Stillwater Foundation presents 2024 grants to local organizationsMay 4, 2024 | americanbankingnews.comCritical Contrast: GLOBALFOUNDRIES (NASDAQ:GFS) and Wolfspeed (NYSE:WOLF)May 1, 2024 | finance.yahoo.comGLOBALFOUNDRIES Full Year 2023 Earnings: In Line With ExpectationsApril 30, 2024 | investorplace.comDiscount Alert! 7 Hot Stocks Heading for the Clearance Rack.April 25, 2024 | msn.com2 Semiconductor MANGO Stocks Trading Near 52-Week Lows As They Head Into Q1 EarningsApril 24, 2024 | uk.finance.yahoo.comAir Liquide continues its trajectory with another solid quarter, combining sales growth, performance improvement and investment momentumApril 22, 2024 | globenewswire.comGlobalFoundries Commits to Achieving Net Zero Emissions and Carbon-Neutral Power by 2050April 17, 2024 | investing.comEvercore ISI initiates coverage on GlobalFoundries stock with OutperformSee More Headlines Receive GFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for GLOBALFOUNDRIES and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/13/2024Today5/12/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:GFS CUSIPN/A CIK1709048 Webwww.globalfoundries.com Phone518-305-9013FaxN/AEmployees12,000Year FoundedN/APrice Target and Rating Average Stock Price Target$60.50 High Stock Price Target$80.00 Low Stock Price Target$43.00 Potential Upside/Downside+18.4%Consensus RatingHold Rating Score (0-4)2.46 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$1.62 Trailing P/E Ratio31.54 Forward P/E Ratio50.09 P/E Growth5.1Net Income$1.02 billion Net Margins12.66% Pretax Margin13.55% Return on Equity8.78% Return on Assets5.33% Debt Debt-to-Equity Ratio0.22 Current Ratio2.18 Quick Ratio1.56 Sales & Book Value Annual Sales$7.39 billion Price / Sales3.83 Cash Flow$4.53 per share Price / Cash Flow11.27 Book Value$20.41 per share Price / Book2.50Miscellaneous Outstanding Shares553,550,000Free FloatN/AMarket Cap$28.28 billion OptionableNot Optionable Beta1.61 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesDr. Thomas H. Caulfield DES (Age 65)Ph.D., President, CEO & Director Mr. John C. Hollister CPA (Age 54)Chief Financial Officer Mr. Timothy Graham Breen (Age 46)Chief Operating Officer & Director Mr. William G. BillingsChief Accounting OfficerMr. Gregg Bartlett (Age 62)Chief Technology Officer Mr. Brad ClayChief Information OfficerMr. Sam FranklinVice President of Capital Markets & Investor RelationsMr. Saam Azar J.D. (Age 48)Senior VP, Chief Legal Officer & Secretary Ms. Laurie KellyChief Communications OfficerMs. Pradheepa Raman (Age 43)Chief People Officer More ExecutivesKey CompetitorsOnsemiNASDAQ:ONMaxim Integrated ProductsNASDAQ:MXIMMonolithic Power SystemsNASDAQ:MPWRASE TechnologyNYSE:ASXSTMicroelectronicsNYSE:STMView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 4,845 shares on 5/10/2024Ownership: 0.046%Intech Investment Management LLCBought 1,246 shares on 5/10/2024Ownership: 0.001%Twin Tree Management LPSold 10,477 shares on 5/10/2024Ownership: 0.000%State Board of Administration of Florida Retirement SystemSold 3,985 shares on 5/9/2024Ownership: 0.009%Mitsubishi UFJ Asset Management Co. Ltd.Bought 859 shares on 5/9/2024Ownership: 0.006%View All Institutional Transactions GFS Stock Analysis - Frequently Asked Questions Should I buy or sell GLOBALFOUNDRIES stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GLOBALFOUNDRIES in the last twelve months. There are currently 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GFS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GFS, but not buy additional shares or sell existing shares. View GFS analyst ratings or view top-rated stocks. What is GLOBALFOUNDRIES's stock price target for 2024? 13 equities research analysts have issued twelve-month price objectives for GLOBALFOUNDRIES's stock. Their GFS share price targets range from $43.00 to $80.00. On average, they expect the company's stock price to reach $60.50 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price. View analysts price targets for GFS or view top-rated stocks among Wall Street analysts. How have GFS shares performed in 2024? GLOBALFOUNDRIES's stock was trading at $60.60 at the start of the year. Since then, GFS stock has decreased by 15.7% and is now trading at $51.09. View the best growth stocks for 2024 here. When is GLOBALFOUNDRIES's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our GFS earnings forecast. How were GLOBALFOUNDRIES's earnings last quarter? GLOBALFOUNDRIES Inc. (NASDAQ:GFS) announced its quarterly earnings data on Tuesday, February, 13th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.05. The firm earned $1.85 billion during the quarter, compared to analyst estimates of $1.85 billion. GLOBALFOUNDRIES had a trailing twelve-month return on equity of 8.78% and a net margin of 12.66%. GLOBALFOUNDRIES's revenue was down 11.8% on a year-over-year basis. During the same quarter last year, the business posted $1.37 EPS. What ETFs hold GLOBALFOUNDRIES's stock? ETFs with the largest weight of GLOBALFOUNDRIES (NASDAQ:GFS) stock in their portfolio include Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Innovator Deepwater Frontier Tech ETF (LOUP), First Trust NASDAQ 100 Technology Index Fund (QTEC), Invesco PHLX Semiconductor ETF (SOXQ), First Trust Technology AlphaDEX Fund (FXL), Renaissance IPO ETF (IPO), WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and Global X Internet of Things Thematic ETF (SNSR). What guidance has GLOBALFOUNDRIES issued on next quarter's earnings? GLOBALFOUNDRIES issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 0.240-0.340 for the period, compared to the consensus EPS estimate of 0.280. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion. When did GLOBALFOUNDRIES IPO? GLOBALFOUNDRIES (GFS) raised $2.4 billion in an initial public offering on Thursday, October 28th 2021. The company issued 55,000,000 shares at a price of $42.00-$47.00 per share. Who are GLOBALFOUNDRIES's major shareholders? GLOBALFOUNDRIES's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.19%), ProShare Advisors LLC (0.10%), Rheos Capital Works Inc. (0.05%), Vanguard Group Inc. (0.05%), SG Americas Securities LLC (0.04%) and Quantbot Technologies LP (0.02%). How do I buy shares of GLOBALFOUNDRIES? Shares of GFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:GFS) was last updated on 5/12/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaCollapse of the Petrodollar Colonial MetalsGold Set to EXPLODE!Gold Safe Exchange[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueOICGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchShocking: One AI startup's revenue could surge 4,735%Manward PressThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe only AI company you should be looking atBehind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding GLOBALFOUNDRIES Inc. 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