GLOBALFOUNDRIES (GFS) News Today

$53.95
-0.23 (-0.42%)
(As of 05/17/2024 ET)
Jump Financial LLC Boosts Position in GLOBALFOUNDRIES Inc. (NASDAQ:GFS)
Jump Financial LLC increased its holdings in GLOBALFOUNDRIES Inc. (NASDAQ:GFS - Free Report) by 707.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,759 shares of the company's stock after acquiring an additional
Evaluating GLOBALFOUNDRIES: Insights From 14 Financial Analysts
Jefferies Financial Group Initiates Coverage on GLOBALFOUNDRIES (NASDAQ:GFS)
Jefferies Financial Group started coverage on GLOBALFOUNDRIES in a research report on Monday. They issued a "buy" rating and a $62.00 price objective for the company.
GLOBALFOUNDRIES (NASDAQ:GFS) Given New $63.00 Price Target at Morgan Stanley
Morgan Stanley boosted their price objective on GLOBALFOUNDRIES from $62.00 to $63.00 and gave the company an "overweight" rating in a research note on Wednesday.
GLOBALFOUNDRIES (NASDAQ:GFS) Releases Q2 2024 Earnings Guidance
GLOBALFOUNDRIES (NASDAQ:GFS) updated its second quarter 2024 earnings guidance. The company provided EPS guidance of 0.240-0.340 for the period, compared to the consensus estimate of 0.280. The company also issued revenue guidance of $1.6 billionillion-$1.6 billionillion, compared to the consensus estimate of $1.6 billionillion.
Needham & Company LLC Reiterates "Hold" Rating for GLOBALFOUNDRIES (NASDAQ:GFS)
Needham & Company LLC restated a "hold" rating on shares of GLOBALFOUNDRIES in a research report on Wednesday.
GLOBALFOUNDRIES (NASDAQ:GFS) Shares Gap Up to $49.73
GLOBALFOUNDRIES (NASDAQ:GFS) Shares Gap Up to $49.73
GLOBALFOUNDRIES (NASDAQ:GFS) Updates Q2 Earnings Guidance
GLOBALFOUNDRIES (NASDAQ:GFS) updated its second quarter earnings guidance. The company provided EPS guidance of $0.24-$0.34 for the period, compared to the consensus estimate of $0.29. The company also issued revenue guidance of $1.590-$1.640 billionillion, compared to the consensus estimate of $1.58 billionillion.
Tech 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.
GLOBALFOUNDRIES (NASDAQ:GFS) Price Target Cut to $43.00 by Analysts at HSBC
HSBC reduced their price objective on GLOBALFOUNDRIES from $56.00 to $43.00 and set a "hold" rating on the stock in a research note on Friday.
abrdn plc Increases Position in GLOBALFOUNDRIES Inc. (NASDAQ:GFS)
abrdn plc boosted its holdings in shares of GLOBALFOUNDRIES Inc. (NASDAQ:GFS - Free Report) by 150.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,004 shares of the company's stock after acquiring an a
3 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 makers
GLOBALFOUNDRIES (NASDAQ:GFS) Sets New 1-Year Low at $45.81
GLOBALFOUNDRIES (NASDAQ:GFS) Reaches New 1-Year Low at $45.81
Readystate Asset Management LP Invests $3.52 Million in GLOBALFOUNDRIES Inc. (NASDAQ:GFS)
Readystate Asset Management LP bought a new position in shares of GLOBALFOUNDRIES Inc. (NASDAQ:GFS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 58,098 shares of the company
GLOBALFOUNDRIES (NASDAQ:GFS) Price Target Cut to $55.00 by Analysts at Bank of America
Bank of America dropped their target price on GLOBALFOUNDRIES from $62.00 to $55.00 and set a "neutral" rating for the company in a report on Tuesday.
Louisiana State Employees Retirement System Purchases New Shares in GLOBALFOUNDRIES Inc. (NASDAQ:GFS)
Louisiana State Employees Retirement System purchased a new stake in shares of GLOBALFOUNDRIES Inc. (NASDAQ:GFS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 43,500 shares of the company's stock, valu
GLOBALFOUNDRIES (NASDAQ:GFS) Hits New 52-Week Low at $48.12
GLOBALFOUNDRIES (NASDAQ:GFS) Sets New 52-Week Low at $48.12
International Assets Investment Management LLC Has $32.21 Million Stock Position in GLOBALFOUNDRIES Inc. (NASDAQ:GFS)
International Assets Investment Management LLC raised its position in GLOBALFOUNDRIES Inc. (NASDAQ:GFS - Free Report) by 5,093.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 531,462 shares of
GFS Quantitative Stock Analysis
Cantor Fitzgerald Reiterates Neutral Rating for GLOBALFOUNDRIES (NASDAQ:GFS)
Cantor Fitzgerald reissued a "neutral" rating and set a $55.00 price objective (down from $70.00) on shares of GLOBALFOUNDRIES in a report on Monday.
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GFS Media Mentions By Week

GFS Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

GFS
News Sentiment

0.62

0.46

Average
Computer and Technology
News Sentiment

GFS News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

GFS Articles
This Week

10

6

GFS Articles
Average Week

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This page (NASDAQ:GFS) was last updated on 5/19/2024 by MarketBeat.com Staff

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