GlobalFoundries (NASDAQ:GFS) Stock Price Target Cut by UBS Group

Posted by Grant Hamersma on Nov 7th, 2026

GlobalFoundries (NASDAQ:GFS – Get Free Report) had its target price cut by analysts at UBS Group from $48.00 to $43.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group‘s price objective points to a potential upside of 11.34% from the stock’s current price.

GFS has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of GlobalFoundries in a report on Monday, August 10th. Citigroup decreased their price objective on GlobalFoundries from $58.00 to $46.00 and set a “neutral” rating on the stock in a research report on Thursday. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of GlobalFoundries in a research note on Thursday, October 15th. TD Cowen dropped their target price on GlobalFoundries from $75.00 to $60.00 and set a “buy” rating for the company in a report on Thursday. Finally, Jefferies Financial Group cut their target price on GlobalFoundries from $60.00 to $50.00 and set a “hold” rating on the stock in a research report on Wednesday. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $67.79.

Get Our Latest Stock Analysis on GFS

GlobalFoundries Price Performance

GFS traded up $2.26 during trading hours on Thursday, hitting $38.62. The company’s stock had a trading volume of 5,023,286 shares, compared to its average volume of 5,924,218. The stock has a market cap of $21.19 billion, a price-to-earnings ratio of 110.34, a P/E/G ratio of 1.33 and a beta of 1.78. The business’s 50-day moving average price is $45.84 and its 200-day moving average price is $54.88. The company has a current ratio of 2.48, a quick ratio of 1.74 and a debt-to-equity ratio of 0.13. GlobalFoundries has a 12 month low of $32.02 and a 12 month high of $92.55.

GlobalFoundries (NASDAQ:GFS – Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.51 by $0.02. GlobalFoundries had a net margin of 10.36% and a return on equity of 6.69%. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same quarter last year, the business earned $0.44 earnings per share. GlobalFoundries’s quarterly revenue was up 12.5% compared to the same quarter last year. Sell-side analysts expect that GlobalFoundries will post 1.50 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Pradheepa Raman sold 6,760 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $51.12, for a total transaction of $345,571.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ganesh Moorthy acquired 2,500 shares of the business’s stock in a transaction on Thursday, November 5th. The stock was acquired at an average cost of $37.48 per share, for a total transaction of $93,700.00. Following the transaction, the director directly owned 5,500 shares in the company, valued at $206,140. The trade was a 83.33% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have sold 12,925 shares of company stock valued at $633,881.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Sei Investments Co. grew its stake in GlobalFoundries by 239.0% in the 1st quarter. Sei Investments Co. now owns 48,246 shares of the company’s stock worth $2,146,000 after acquiring an additional 34,014 shares in the last quarter. Bank of America Corp DE raised its stake in shares of GlobalFoundries by 106.1% during the first quarter. Bank of America Corp DE now owns 875,361 shares of the company’s stock valued at $38,936,000 after acquiring an additional 450,722 shares in the last quarter. First Trust Advisors LP raised its stake in shares of GlobalFoundries by 97.4% during the first quarter. First Trust Advisors LP now owns 264,837 shares of the company’s stock valued at $11,780,000 after acquiring an additional 130,643 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of GlobalFoundries in the second quarter valued at approximately $3,067,000. Finally, Janus Henderson Group PLC bought a new position in shares of GlobalFoundries during the 1st quarter worth $1,108,000.

Key GlobalFoundries News

Here are the key news stories impacting GlobalFoundries this week:

Positive Sentiment: A Seeking Alpha article highlights improving margins and commitments that could support future growth. Another report points to a record third-quarter margin, suggesting operational progress. Margins Improve As GlobalFoundries Secures Commitments For Future Growth GlobalFoundries stock: Company posts record Q3 margin
Positive Sentiment: TD Cowen cut its target to $60 from $75 but kept a Buy rating, while Susquehanna lowered its target to $110 from $125 and retained a positive rating. TD Cowen price-target update Susquehanna price-target update
Neutral Sentiment: UBS, JPMorgan, and Citi lowered their targets to $43, $50, and $46, respectively, and maintained Neutral ratings. Their targets still imply potential upside from the cited $38.62 share price, but the cuts signal reduced expectations. UBS rating update JPMorgan rating update Citi rating update
Negative Sentiment: Wedbush made a particularly steep reduction, cutting its target to $45 from $72 and citing a lower valuation multiple. The broader wave of target cuts—including reductions from Citi, JPMorgan, UBS, and TD Cowen—could reinforce concerns about GFS’s near-term valuation and outlook. Wedbush cuts GlobalFoundries price target

GlobalFoundries Company Profile

(Get Free Report)

GlobalFoundries is a semiconductor foundry that manufactures integrated circuits for customers that design their own chips. Its services include wafer fabrication, process technology development, packaging support and design enablement, helping customers bring semiconductor products to market without operating their own fabrication facilities.

The company focuses on specialty technologies used in areas such as automotive electronics, communications, industrial systems, smart devices and data centers.