Wedbush Has Pessimistic View of GlobalFoundries Q2 Earnings

GlobalFoundries Inc. (NASDAQ:GFS) – Research analysts at Wedbush cut their Q2 2025 earnings per share estimates for shares of GlobalFoundries in a research report issued to clients and investors on Wednesday, February 12th. Wedbush analyst M. Bryson now expects that the company will post earnings of $0.25 per share for the quarter, down from their previous forecast of $0.32. Wedbush has a “Outperform” rating and a $60.00 price target on the stock. The consensus estimate for GlobalFoundries’ current full-year earnings is $1.22 per share.

GlobalFoundries (NASDAQ:GFS) last posted its earnings results on Tuesday, February 11th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.07). GlobalFoundries had a return on equity of 6.87% and a net margin of 10.95%.

Other equities research analysts have also issued reports about the company. Evercore ISI decreased their price target on GlobalFoundries from $71.00 to $55.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft cut their price target on GlobalFoundries from $55.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Morgan Stanley increased their price objective on shares of GlobalFoundries from $40.00 to $42.00 and gave the stock an “equal weight” rating in a report on Wednesday. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $40.00 target price on shares of GlobalFoundries in a research note on Wednesday, November 6th. Finally, Citigroup decreased their price target on shares of GlobalFoundries from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, GlobalFoundries has a consensus rating of “Hold” and a consensus target price of $50.00.

GlobalFoundries Price Performance

Shares of GlobalFoundries stock opened at $42.82 on Friday. GlobalFoundries has a 1-year low of $35.85 and a 1-year high of $61.98. The firm’s 50-day moving average price is $42.37 and its two-hundred day moving average price is $42.33. The company has a current ratio of 2.42, a quick ratio of 1.76 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $23.63 billion, a price-to-earnings ratio of 31.96, a P/E/G ratio of 8.23 and a beta of 1.56.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of GFS. Signaturefd LLC boosted its position in shares of GlobalFoundries by 153.9% during the fourth quarter. Signaturefd LLC now owns 678 shares of the company’s stock worth $29,000 after purchasing an additional 411 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in GlobalFoundries during the 3rd quarter worth $34,000. Blue Trust Inc. lifted its holdings in GlobalFoundries by 206.4% during the fourth quarter. Blue Trust Inc. now owns 1,106 shares of the company’s stock worth $45,000 after acquiring an additional 745 shares in the last quarter. US Bancorp DE grew its stake in GlobalFoundries by 77.0% in the third quarter. US Bancorp DE now owns 1,218 shares of the company’s stock valued at $49,000 after acquiring an additional 530 shares during the period. Finally, SBI Securities Co. Ltd. bought a new stake in shares of GlobalFoundries in the fourth quarter worth about $52,000.

About GlobalFoundries

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.