GlobalFoundries Inc (GFS)

NASDAQ
Currency in USD
43.10
+2.17(+5.30%)
Closed
After Hours
43.15+0.05(+0.12%)
GFS Scorecard
Full Analysis
14 analysts have revised their earnings upwards for the upcoming period
Fair Value
Day's Range
42.5044.50
52 wk Range
35.8561.98
Key Statistics
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Prev. Close
40.93
Open
43.09
Day's Range
42.5-44.5
52 wk Range
35.85-61.98
Volume
2.52M
Average Volume (3m)
1.76M
1-Year Change
-27.16%
Book Value / Share
20.9
Fair Value
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Fair Value Upside
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GFS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
48.57
Upside
+12.69%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales decline in the current year
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GlobalFoundries Inc Company Profile

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. GlobalFoundries Inc. has a strategic partnership with Efficient Computer to develop high-performance computer processors. The company was incorporated in 2008 and is headquartered in Malta, New York.

GlobalFoundries Inc Earnings Call Summary for Q2/2024

  • Q2 revenue beat guidance at $1.632B; non-IFRS gross margin 25.2%, EPS $0.38
  • Automotive and smart mobile design wins drive growth; Tagore acquisition expands market
  • Q3 revenue forecast $1.7-1.75B; long-term target $9.5-10B with improved margins
  • 12% YoY revenue decrease; 517,300mm-equivalent wafers shipped; stable pricing
  • Optimistic on automotive growth, AI-enabled devices; expects increased factory utilization
Last Updated: 08/08/2024, 12:46 am
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Compare GFS to Peers and Sector

Metrics to compare
GFS
Peers
Sector
Relationship
P/E Ratio
32.1x−0.8x11.6x
PEG Ratio
−0.67−0.010.01
Price/Book
2.1x1.6x2.4x
Price / LTM Sales
3.5x1.2x2.2x
Upside (Analyst Target)
11.4%40.0%24.1%
Fair Value Upside
Unlock21.7%3.5%Unlock

Analyst Ratings

9 Buy
10 Hold
1 Sell
Ratings:
20 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 48.57
(+12.69% Upside)

Earnings

Latest Release
Nov 05, 2024
EPS / Forecast
0.41 / 0.33
Revenue / Forecast
1.74B / 1.73B
EPS Revisions
Last 90 days

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FAQ

What Is the GlobalFoundries (GFS) Stock Price Today?

The GlobalFoundries stock price today is 43.10

What Stock Exchange Does GlobalFoundries Trade On?

GlobalFoundries is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for GlobalFoundries?

The stock symbol for GlobalFoundries is "GFS."

What Is the GlobalFoundries Market Cap?

As of today, GlobalFoundries market cap is 23.82B.

What is GlobalFoundries Earnings Per Share?

The GlobalFoundries EPS is 1.34.

What Is the Next GlobalFoundries Earnings Date?

GlobalFoundries will release its next earnings report on 10 Feb 2025.

From a Technical Analysis Perspective, Is GFS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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