Key Points
- Insider sale: Samak Azar sold 500 GlobalFoundries shares on April 16 under a pre-arranged Rule 10b5-1 plan at an average price of $48.71 (total $24,355), reducing his stake to 17,494 shares; the transaction was reported on an SEC Form 4.
- Recent results and guidance: GlobalFoundries beat the quarter with $0.55 EPS vs. $0.47 expected and $1.83B revenue vs. $1.80B, and set Q1 2026 guidance of $0.30–$0.40 EPS while analysts expect ~1.37 EPS for the fiscal year and maintain a consensus "Hold" rating.
- Market move and valuation: The stock is up ~7.3%, trading between a 1-year low of $30.73 and high of $60.07, with a market cap of $32.7B, a P/E of 36.96, a 50-day MA of $46.45 and a 200-day MA of $40.61.
GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Samak Azar sold 500 shares of the stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $48.71, for a total transaction of $24,355.00. Following the transaction, the insider owned 17,494 shares in the company, valued at approximately $852,132.74. This represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
GlobalFoundries Trading Up 7.3%
Shares of NASDAQ GFS opened at $58.76 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.62 and a quick ratio of 1.95. The stock has a market capitalization of $32.70 billion, a P/E ratio of 36.96, a price-to-earnings-growth ratio of 2.16 and a beta of 1.46. GlobalFoundries Inc. has a 1-year low of $30.73 and a 1-year high of $60.07. The business has a fifty day moving average price of $46.45 and a 200 day moving average price of $40.61.
GlobalFoundries (NASDAQ:GFS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.08. The firm had revenue of $1.83 billion during the quarter, compared to analysts' expectations of $1.80 billion. GlobalFoundries had a return on equity of 6.86% and a net margin of 13.05%.The firm's quarterly revenue was up .0% on a year-over-year basis. During the same period in the prior year, the business posted $0.46 EPS. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. Equities research analysts expect that GlobalFoundries Inc. will post 1.37 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research analysts recently commented on the stock. Susquehanna reiterated a "neutral" rating and set a $50.00 price objective on shares of GlobalFoundries in a research note on Thursday, February 12th. Citigroup boosted their price objective on shares of GlobalFoundries from $42.00 to $49.00 and gave the stock a "neutral" rating in a research note on Thursday, February 12th. Zacks Research upgraded shares of GlobalFoundries from a "strong sell" rating to a "hold" rating in a research note on Friday, January 30th. UBS Group set a $50.00 target price on GlobalFoundries in a research note on Thursday, February 12th. Finally, The Goldman Sachs Group boosted their target price on GlobalFoundries from $40.00 to $46.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $46.13.
Read Our Latest Stock Report on GlobalFoundries
Institutional Trading of GlobalFoundries
A number of institutional investors have recently bought and sold shares of GFS. WealthCollab LLC boosted its stake in GlobalFoundries by 674.7% in the 4th quarter. WealthCollab LLC now owns 705 shares of the company's stock worth $25,000 after purchasing an additional 614 shares in the last quarter. True Wealth Design LLC raised its stake in GlobalFoundries by 216.7% in the 4th quarter. True Wealth Design LLC now owns 795 shares of the company's stock worth $28,000 after acquiring an additional 544 shares during the last quarter. Clearstead Advisors LLC raised its stake in GlobalFoundries by 91.9% in the 3rd quarter. Clearstead Advisors LLC now owns 808 shares of the company's stock worth $29,000 after acquiring an additional 387 shares during the last quarter. First Horizon Corp purchased a new position in GlobalFoundries in the 3rd quarter worth $33,000. Finally, Covestor Ltd raised its stake in GlobalFoundries by 57.6% in the 4th quarter. Covestor Ltd now owns 955 shares of the company's stock worth $33,000 after acquiring an additional 349 shares during the last quarter.
GlobalFoundries Company Profile
(
Get Free Report)
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.
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