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 (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.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on GFS. Susquehanna reduced 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. Deutsche Bank Aktiengesellschaft reduced their price objective on GlobalFoundries from $55.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Evercore ISI dropped their target price on GlobalFoundries from $71.00 to $55.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Morgan Stanley lowered shares of GlobalFoundries from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $53.00 to $43.00 in a research report on Monday, October 28th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $40.00 price objective on shares of GlobalFoundries in a report on Wednesday, November 6th. Nine analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $50.21.

GlobalFoundries Stock Performance

Shares of GFS stock opened at $37.74 on Tuesday. The company has a current ratio of 2.42, a quick ratio of 1.76 and a debt-to-equity ratio of 0.19. GlobalFoundries has a 12-month low of $35.85 and a 12-month high of $61.98. The business’s 50 day moving average is $42.63 and its two-hundred day moving average is $42.49. 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.

GlobalFoundries (NASDAQ:GFS) last announced its earnings results on Tuesday, February 11th. The company reported $0.38 earnings per share (EPS) 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%. Analysts expect that GlobalFoundries will post 1.22 EPS for the current fiscal year.

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.