GlobalFoundries (NASDAQ:GFS) Issues Q1 2025 Earnings Guidance

GlobalFoundries (NASDAQ:GFS) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.240-0.340 for the period, compared to the consensus earnings per share estimate of 0.330. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.7 billion.

GlobalFoundries Price Performance

Shares of GlobalFoundries stock opened at $40.10 on Wednesday. The business has a 50 day moving average of $42.48 and a 200 day moving average of $42.40. The company has a market cap of $22.13 billion, a PE ratio of 29.93, a P/E/G ratio of 8.23 and a beta of 1.56. The company has a quick ratio of 1.76, a current ratio of 2.42 and a debt-to-equity ratio of 0.19. GlobalFoundries has a 52 week low of $35.85 and a 52 week high of $61.98.

GlobalFoundries (NASDAQ:GFS) last announced its earnings results on Tuesday, February 11th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.07). GlobalFoundries had a net margin of 10.95% and a return on equity of 6.87%. As a group, equities research analysts forecast that GlobalFoundries will post 1.22 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Wedbush reiterated an “outperform” rating and set a $60.00 price target (down previously from $65.00) on shares of GlobalFoundries in a research note on Tuesday, November 5th. Robert W. Baird lowered their target price on shares of GlobalFoundries from $63.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. Cantor Fitzgerald reissued a “neutral” rating and issued a $40.00 price objective on shares of GlobalFoundries in a research note on Wednesday, November 6th. Susquehanna reduced their price objective on shares of GlobalFoundries from $50.00 to $48.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 6th. Finally, Deutsche Bank Aktiengesellschaft lowered 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. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $50.20.

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.