GlobalFoundries (NASDAQ:GFS) Releases Q1 2025 Earnings Guidance

GlobalFoundries (NASDAQ:GFS) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.240-0.340 for the period, compared to the consensus 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 Trading Down 1.8 %

Shares of GFS opened at $37.74 on Tuesday. GlobalFoundries has a one year low of $35.85 and a one year high of $61.98. The stock has a 50-day moving average price of $42.63 and a 200 day moving average price of $42.49. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.76 and a current ratio of 2.42. The company has a market capitalization of $20.82 billion, a P/E ratio of 28.16, a P/E/G ratio of 8.23 and a beta of 1.56.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Wedbush restated an “outperform” rating and set a $60.00 price objective (down from $65.00) on shares of GlobalFoundries in a research note on Tuesday, November 5th. Citigroup reduced their price target on shares of GlobalFoundries from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of GlobalFoundries from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Susquehanna decreased their target price on GlobalFoundries from $50.00 to $48.00 and set a “neutral” rating for the company in a research note on Wednesday, November 6th. Finally, Needham & Company LLC reissued a “hold” rating on shares of GlobalFoundries in a report on Wednesday, November 6th. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $50.21.

GlobalFoundries 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.