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.

Analyst Ratings Changes

GFS has been the topic of several recent research reports. Citigroup lowered their price objective on 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 cut their price target on GlobalFoundries from $55.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Susquehanna lowered their price target on GlobalFoundries from $50.00 to $48.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 6th. UBS Group started coverage on GlobalFoundries in a research note on Wednesday, November 20th. They set a “neutral” rating and a $47.00 target price for the company. Finally, Needham & Company LLC upgraded shares of GlobalFoundries from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research report on Wednesday. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, GlobalFoundries has an average rating of “Hold” and a consensus price target of $50.20.

GlobalFoundries Stock Performance

Shares of GlobalFoundries stock opened at $40.10 on Wednesday. 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 business’s 50 day moving average price is $42.48 and its 200 day moving average price is $42.40. The company has a market cap of $22.13 billion, a price-to-earnings ratio of 29.93, a PEG ratio of 8.23 and a beta of 1.56. GlobalFoundries has a one year low of $35.85 and a one year high of $61.98.

GlobalFoundries (NASDAQ:GFS) last announced its quarterly earnings results 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 net margin of 10.95% and a return on equity of 6.87%. On average, research analysts predict that GlobalFoundries will post 1.22 EPS for the current year.

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.