GlobalFoundries Inc. (GFS)

NASDAQ: GFS · Real-Time Price · USD
36.74
-0.41 (-1.10%)
At close: May 28, 2025, 4:00 PM
36.75
+0.01 (0.03%)
After-hours: May 28, 2025, 5:23 PM EDT
-1.10%
Market Cap 20.38B
Revenue (ttm) 6.79B
Net Income (ttm) -188.00M
Shares Out 554.73M
EPS (ttm) -0.34
PE Ratio n/a
Forward PE 21.96
Dividend n/a
Ex-Dividend Date n/a
Volume 1,334,729
Open 37.34
Previous Close 37.15
Day's Range 36.68 - 37.39
52-Week Range 29.77 - 61.98
Beta 1.54
Analysts Buy
Price Target 47.09 (+28.17%)
Earnings Date May 6, 2025

About GFS

GlobalFoundries Inc., a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It offers semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. The company was incorporated in 2008 and is headquartered in Malta, New York. [Read more]

Industry Semiconductors
Sector Technology
IPO Date Oct 28, 2021
Employees 13,000
Stock Exchange NASDAQ
Ticker Symbol GFS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for GFS stock is "Buy." The 12-month stock price forecast is $47.09, which is an increase of 28.17% from the latest price.

Price Target
$47.09
(28.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lightshift Energy to Build Vermont's Largest Energy Storage Project to Power Semiconductor Manufacturing for GlobalFoundries

ARLINGTON, Va.--(BUSINESS WIRE)--Lightshift Energy, a leading developer, owner, and operator of energy storage projects, will build Vermont's largest battery energy storage project at GlobalFoundries'...

6 days ago - Business Wire

Globalfoundries CEO: Southeast Asia key in semiconductor innovation, not just manufacturing

Tim Breen, CEO of GlobalFoundries, discusses the company's MOU with A*STAR, the growing significance of Southeast Asia in the semiconductor space, as well as the tariff woes plaguing the industry,

8 days ago - CNBC International TV

GlobalFoundries Partners with A*STAR to Accelerate Advanced Packaging Innovation

The collaboration will provide GF with access to A*STAR's state-of-the-art R&D facilities, capabilities and technical support for technology development and workforce skills enhancement in advanced pa...

8 days ago - GlobeNewsWire

GlobalFoundries Inc. (GFS) Q1 2025 Earnings Call Transcript

GlobalFoundries Inc. (NASDAQ:GFS) Q1 2025 Earnings Conference Call May 6, 2025 8:30 AM ET Company Participants Sam Franklin - VP, Business Finance & IR Thomas Caulfield - CEO John Hollister - CFO Nie...

22 days ago - Seeking Alpha

GlobalFoundries sees Q2 revenue, profit above estimates on stable chip demand

GlobalFoundries forecast second-quarter revenue and profit slightly above Wall Street estimates on Tuesday, in a sign that the contract chipmaker was seeing stable demand despite choppy auto productio...

22 days ago - Reuters

GlobalFoundries Reports First Quarter 2025 Financial Results

MALTA, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the first quarter ended March 31, 2025.

22 days ago - GlobeNewsWire

GlobalFoundries Accelerates GHG Reductions Commitments with Near Term Science-Based Target

MALTA, N.Y., April 22, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced it will accelerate its near-term greenhouse gas (GHG) emission reduction goals, enhancing the company...

5 weeks ago - GlobeNewsWire

GlobalFoundries Announces Conference Call to Review First Quarter 2025 Financial Results

MALTA, N.Y., April 02, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, May 6, 2025, at 8:30 a.m. ET following the release of the ...

2 months ago - GlobeNewsWire

United Microelectronics shares pop more than 10% on report of potential GlobalFoundries deal

U.S. shares of Taiwan-based United Microelectronics popped more than 10% on news that it is looking to potentially merge with GlobalFoundries. Nikkei reported the news, citing sources familiar with th...

Other symbols: UMC
2 months ago - CNBC

GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, Nikkei reports

Taiwan's major chipmaker United Microelectronics and U.S.-based GlobalFoundries are exploring the possibility of a merger, the Nikkei reported on Monday, citing an assessment plan seen by the newspape...

Other symbols: UMC
2 months ago - Reuters

GlobalFoundries chief says tariffs could benefit US chipmakers

GlobalFoundries Chief Executive Officer Thomas Caulfield said on Tuesday that U.S. tariffs on foreign-made chips could help U.S. chip manufacturers by boosting demand for domestically made chips.

3 months ago - Reuters

indie Semiconductor and GlobalFoundries Announce Strategic Collaboration to Accelerate Automotive Radar Adoption

ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, has announced a strategic collaboration with GlobalFoundries (Nasdaq: GFS) (GF) to develop ...

Other symbols: INDI
3 months ago - Business Wire

GlobalFoundries and MIT Collaborate to Advance Research and Innovation on Essential Chips for AI

Expanded collaboration includes joint research on GF's leading semiconductor platforms Expanded collaboration includes joint research on GF's leading semiconductor platforms

3 months ago - GlobeNewsWire

Global Foundries CEO: Our growth is in end-markets where we won sockets year-ago

Thomas Caulfield, Global Foundries CEO, joins CNBC's 'Money Movers' to discuss outlooks on semiconductors.

3 months ago - CNBC Television

GlobalFoundries CEO on policy changes under Trump

GlobalFoundries Thomas Caulfield discusses the CHIPS Act and whether there could be changes to the program under the new administration.

3 months ago - CNBC Television

GlobalFoundries Gains Analyst Upgrade, Eyes Growth In Automotive And AI-Powered Data Centers

GlobalFoundries Inc GFS stock gained after Needham analyst Quinn Bolton upgraded the stock from Hold to Buy and a price target of $50.

3 months ago - Benzinga

GlobalFoundries, Inc. (GFS) Q4 2024 Earnings Call Transcript

GlobalFoundries, Inc. (NASDAQ:GFS) Q4 2024- Earnings Conference Call February 11, 2025 8:30 AM ET Company Participants Sam Franklin - VP, Business Finance & IR Thomas Caulfield - CEO John Hollister -...

3 months ago - Seeking Alpha

GlobalFoundries forecasts weak Q1 amid tariff concerns and smartphone sector struggles

GlobalFoundries on Tuesday forecast first-quarter revenue and profit below Wall Street estimates as the contract chipmaker braces for the potential impact of President Donald Trump's tariffs on automa...

3 months ago - Reuters

GlobalFoundries Reports Fourth Quarter 2024 and Fiscal Year 2024 Financial Results

MALTA, N.Y., Feb. 11, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2024.

3 months ago - GlobeNewsWire

GlobalFoundries appoints Tim Breen as CEO

Contract chipmaker GlobalFoundries has appointed Tim Breen as its chief executive officer, the company said on Wednesday.

4 months ago - Reuters

GlobalFoundries Announces New York Advanced Packaging and Photonics Center

First of-its-kind center will offer advanced packaging and test capabilities in New York for U.S.-made essential chips used in AI, automotive, aerospace and defense, and other applications First of-it...

4 months ago - GlobeNewsWire

IBM, GlobalFoundries settle lawsuits over contract, trade secrets

GlobalFoundries and IBM said on Thursday that they have settled dueling lawsuits claiming that GlobalFoundries breached a contract with IBM and that the computer giant misused the chipmaker's trade se...

Other symbols: IBM
5 months ago - Reuters

GlobalFoundries and IBM Announce Settlement and Resolution of All Litigation Matters

MALTA, N.Y. and ARMONK, N.Y.

5 months ago - GlobeNewsWire

Wall Street analysts point to stocks other than Nvidia in semiconductor space for 2025

CNBC's Seema Mody reports on news regarding the chip sector in 2025.

Other symbols: INTCTSM
5 months ago - CNBC Television

GlobalFoundries CEO on the state of semiconductors and CHIPS Act

Tom Caulfield, GlobalFoundaries CEO, joins CNBC's The Exchange to discuss the state of semiconductors, his expectations for the Trump administration, and more.

6 months ago - CNBC Television