Q2 Earnings Estimate for GlobalFoundries Issued By Wedbush

GlobalFoundries Inc. (NASDAQ:GFSFree Report) – Wedbush dropped their Q2 2025 EPS estimates for GlobalFoundries in a report released on Wednesday, April 16th. Wedbush analyst M. Bryson now anticipates that the company will post earnings per share of $0.23 for the quarter, down from their prior forecast of $0.25. Wedbush currently has a “Outperform” rating and a $60.00 price target on the stock. The consensus estimate for GlobalFoundries’ current full-year earnings is $1.31 per share. Wedbush also issued estimates for GlobalFoundries’ Q3 2025 earnings at $0.29 EPS, Q4 2025 earnings at $0.39 EPS and FY2025 earnings at $1.12 EPS.

A number of other research firms also recently weighed in on GFS. UBS Group dropped their price target on shares of GlobalFoundries from $47.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, February 12th. Morgan Stanley raised their target price on GlobalFoundries from $40.00 to $42.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 12th. Citigroup reduced their price objective on shares of GlobalFoundries from $40.00 to $35.00 and set a “neutral” rating on the stock in a research note on Friday, April 11th. Finally, Needham & Company LLC raised shares of GlobalFoundries from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research note on Wednesday, February 12th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $48.85.

Check Out Our Latest Report on GlobalFoundries

GlobalFoundries Stock Performance

Shares of NASDAQ:GFS opened at $31.70 on Thursday. The company has a current ratio of 2.11, a quick ratio of 1.57 and a debt-to-equity ratio of 0.14. GlobalFoundries has a 1-year low of $29.77 and a 1-year high of $61.98. The stock has a market capitalization of $17.53 billion, a P/E ratio of -66.04, a P/E/G ratio of 1.42 and a beta of 1.54. The business has a 50-day moving average price of $37.72 and a two-hundred day moving average price of $40.41.

GlobalFoundries (NASDAQ:GFSGet Free Report) last released 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 positive return on equity of 6.05% and a negative net margin of 3.93%.

Institutional Trading of GlobalFoundries

Several hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp lifted its stake in GlobalFoundries by 8.3% in the 3rd quarter. State Street Corp now owns 1,275,554 shares of the company’s stock valued at $51,341,000 after acquiring an additional 98,084 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of GlobalFoundries in the third quarter worth $689,000. Tidal Investments LLC boosted its holdings in GlobalFoundries by 439.3% during the third quarter. Tidal Investments LLC now owns 32,318 shares of the company’s stock worth $1,301,000 after purchasing an additional 26,325 shares during the last quarter. Sanibel Captiva Trust Company Inc. grew its position in GlobalFoundries by 14.5% in the fourth quarter. Sanibel Captiva Trust Company Inc. now owns 9,470 shares of the company’s stock valued at $406,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Polianta Ltd acquired a new stake in GlobalFoundries in the 4th quarter valued at $1,317,000.

GlobalFoundries Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for GlobalFoundries (NASDAQ:GFS)

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