GlobalFoundries Inc. (GFS)
| Market Cap | 28.13B |
| Revenue (ttm) | 7.48B |
| Net Income (ttm) | 488.07M |
| Shares Out | 540.14M |
| EPS (ttm) | 0.86 |
| PE Ratio | 60.55 |
| Forward PE | 20.58 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,105,557 |
| Open | 51.24 |
| Previous Close | 49.83 |
| Day's Range | 51.22 - 52.74 |
| 52-Week Range | 36.81 - 79.49 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 69.69 (+33.8%) |
| Earnings Date | Aug 9, 2022 |
About GFS
GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. It manufactures integrated circuits, which enable various electronic devices that are pervasive. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, power management units, and microelectromechanical systems, as well as offers mainstream wafer fabrication services and technologies. The company was founded in 2009 and is based in Mal... [Read more...]
Financial Performance
In 2021, GFS's revenue was $6.59 billion, an increase of 35.76% compared to the previous year's $4.85 billion. Losses were -$253.93 million, -81.20% less than in 2020.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for GFS stock is "Buy." The 12-month stock price forecast is 69.69, which is an increase of 33.84% from the latest price.
News
GlobalFoundries Announces Conference Call to Review Third Quarter 2022 Financial Results
MALTA, New York, Oct. 03, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, November 8, 2022 at 8:30 a.m. ET following the release of...
7 Semiconductor Stocks to Buy Before the Bull Market Returns
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GlobalFoundries Joins the PHLX Semiconductor Sector Index (SOX)
MALTA, N.Y. , Sept. 19, 2022 /PRNewswire/ -- GlobalFoundries (GF) (Nasdaq: GFS), a global leader in feature-rich semiconductor manufacturing, today announced that the company has been added to the PHLX ...
Semiconductor Stocks Brace For Chip Cycle Downturn
Semiconductor stocks are showing signs of bottoming. But investor sentiment remains negative ahead of third-quarter earnings season.
Five Stocks Showing Bullish Action As Market Rally Gains Steam
Tech stocks haven't led the revived market rally, but GlobalFoundries leads five that are setting up or flashing buy signals. The post Five Stocks Showing Bullish Action As Market Rally Gains Steam appe...
BofA Thinks These 7 Chip Stocks Can Weather Current Market Downturn
Wall Street firm BofA Securities on Friday identified seven semiconductor stocks that it believes can withstand the current market downturn. The post BofA Thinks These 7 Chip Stocks Can Weather Current ...
Citi launches positive catalyst watch on GlobalFoundries, Pivotal Research upgrades Roku
Yahoo Finance anchors Brian Sozzi and Julie Hyman discuss the call of the day on chip stocks and Roku.
I would expect more and more subsidies to come to chip makers, says Citi's Danely
Christopher Danely, Citi semiconductor analyst, joins 'Squawk on the Street' to discuss the United States' decision to halt top chip sales to China, the broader impact of heightened tension between the ...
Chip stocks could plunge another 25% as ‘we are entering the worst semiconductor downturn in a decade,' analyst says
After a rough few months for semiconductor stocks, one Wall Street analyst expects the pain to continue and predicted Tuesday that “we are entering the worst semiconductor downturn in a decade.”
Citi warns chip stocks have yet to bottom
Yahoo Finance Live anchors discuss Bernstein maintaining its Sell rating on Intel and Citi's warning on chip stocks.
GlobalFoundries Names Pradheepa Raman as Chief People Officer
Experienced HR executive joins GF leadership team MALTA, N.Y. , Aug. 25, 2022 /PRNewswire/ -- GlobalFoundries (NASDAQ: GFS) (GF), a global leader in feature-rich semiconductor manufacturing, today annou...
7 Semiconductor Stocks to Buy on the Dip
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TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Walmart & Home Depot.
Why GlobalFoundries, Micron Technology, and Applied Materials Soared Today
Electric vehicles will be getting big incentives and need lots of semiconductors, while a recent report on Apple put some market fears to rest.
GFS or AMBA: Which Is the Better Value Stock Right Now?
GFS vs. AMBA: Which Stock Is the Better Value Option?
2 Chip Manufacturing Leaders Just Reported This
TSMC continues to see strong revenue growth despite a bleak outlook from numerous semiconductor companies.
GlobalFoundries Announces Participation in Upcoming Investor Conferences
MALTA, N.Y., Aug. 11, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will participate in the following upcoming investor conferences.
GlobalFoundries stock falls as fears of a chip glut eclipse strong outlook
GlobalFoundries Inc. shares fell Tuesday after the chip manufacturer's strong outlook was eclipsed by recent signs that the global chip shortage has flipped into a glut.
GlobalFoundries Sinks. Concerns About Chip Demand Outweigh Solid Earnings.
CEO says the contract chip manufacturer remains on track to deliver a strong year of growth and probability.
GlobalFoundries CEO Tom Caulfield on earnings, CHIPS Act signing
Tom Caulfield, GlobalFoundries CEO, joins CNBC's 'Squawk Box' to discuss the company's earnings report and the CHIPS Act, which President Joe Biden plans to sign on Tuesday.
Chipmaker GlobalFoundries Beats Second-Quarter Goals, Points Higher
Contract chipmaker GlobalFoundries on Tuesday beat Wall Street's targets for the second quarter and guided higher for the current period. The post Chipmaker GlobalFoundries Beats Second-Quarter Goals, P...
GlobalFoundries Reports Second Quarter 2022 Financial Results
Record Revenue, Gross Profit, and Net Income Record Revenue, Gross Profit, and Net Income