GlobalFoundries (NASDAQ:GFS) Issues Q1 2025 Earnings Guidance

GlobalFoundries (NASDAQ:GFS) updated its first quarter 2025 earnings guidance on Tuesday. The company provided EPS guidance of 0.240-0.340 for the period, compared to the consensus EPS 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 GFS stock opened at $43.55 on Thursday. 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 twelve month low of $35.85 and a twelve month high of $61.98. The company has a market cap of $24.03 billion, a P/E ratio of 32.50, a P/E/G ratio of 8.23 and a beta of 1.56. The business has a fifty day simple moving average of $42.37 and a 200 day simple moving average of $42.33.

GlobalFoundries (NASDAQ:GFS) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.07). GlobalFoundries had a return on equity of 6.87% and a net margin of 10.95%. On average, sell-side analysts forecast that GlobalFoundries will post 1.22 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Morgan Stanley increased their price target on GlobalFoundries from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Wednesday. UBS Group decreased their target price on GlobalFoundries from $47.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday. Evercore ISI decreased their target price on GlobalFoundries from $71.00 to $55.00 and set an “outperform” rating for the company in a research note on Wednesday, November 6th. Wedbush reaffirmed an “outperform” rating and set a $60.00 target price on shares of GlobalFoundries in a research note on Wednesday. Finally, Susquehanna reduced their price objective on GlobalFoundries from $50.00 to $48.00 and set a “neutral” rating for the company in a research note on Wednesday, November 6th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $50.00.

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.