GlobalFoundries (NASDAQ:GFS) Shares Gap Up – Time to Buy?

04 May 2026, 13:47 by Scott Moore · The Cerbat Gem

Shares of GlobalFoundries Inc. (NASDAQ:GFS – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $64.91, but opened at $68.84. GlobalFoundries shares last traded at $68.1890, with a volume of 1,070,698 shares traded.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Susquehanna restated a “neutral” rating and set a $50.00 target price on shares of GlobalFoundries in a research report on Thursday, February 12th. Citigroup lifted their price target on GlobalFoundries from $42.00 to $49.00 and gave the company a “neutral” rating in a research report on Thursday, February 12th. UBS Group set a $50.00 price objective on GlobalFoundries in a report on Thursday, February 12th. Robert W. Baird upped their price objective on shares of GlobalFoundries from $40.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Finally, Loop Capital set a $80.00 target price on shares of GlobalFoundries in a research note on Monday. Seven research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, GlobalFoundries has an average rating of “Hold” and a consensus price target of $50.12.

Get Our Latest Report on GlobalFoundries

GlobalFoundries Price Performance

The company has a quick ratio of 1.95, a current ratio of 2.62 and a debt-to-equity ratio of 0.13. The business’s 50-day simple moving average is $48.71 and its 200 day simple moving average is $42.09. The firm has a market capitalization of $37.58 billion, a P/E ratio of 42.47, a PEG ratio of 2.56 and a beta of 1.71.

GlobalFoundries (NASDAQ:GFS – Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.08. GlobalFoundries had a net margin of 13.05% and a return on equity of 6.86%. The firm had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same period in the previous year, the business posted $0.46 EPS. The business’s quarterly revenue was up .0% on a year-over-year basis. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. Sell-side analysts forecast that GlobalFoundries Inc. will post 1.37 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Glenda Dorchak sold 4,000 shares of the firm’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $58.46, for a total transaction of $233,840.00. Following the transaction, the director directly owned 18,867 shares of the company’s stock, valued at approximately $1,102,964.82. This trade represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Samak L. Azar sold 500 shares of GlobalFoundries stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $59.66, for a total value of $29,830.00. Following the completion of the transaction, the insider owned 16,994 shares in the company, valued at approximately $1,013,862.04. This represents a 2.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 14,700 shares of company stock worth $769,567 in the last 90 days.

Institutional Investors Weigh In On GlobalFoundries

Several institutional investors have recently bought and sold shares of the stock. Vident Advisory LLC grew its position in GlobalFoundries by 5.0% during the 4th quarter. Vident Advisory LLC now owns 6,160 shares of the company’s stock worth $215,000 after acquiring an additional 293 shares during the last quarter. Profund Advisors LLC lifted its position in GlobalFoundries by 0.7% in the third quarter. Profund Advisors LLC now owns 45,349 shares of the company’s stock valued at $1,625,000 after purchasing an additional 299 shares during the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in shares of GlobalFoundries by 9.3% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 3,575 shares of the company’s stock valued at $125,000 after purchasing an additional 305 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of GlobalFoundries by 3.4% in the second quarter. The Manufacturers Life Insurance Company now owns 9,744 shares of the company’s stock worth $372,000 after purchasing an additional 324 shares during the last quarter. Finally, California State Teachers Retirement System increased its stake in shares of GlobalFoundries by 5.7% in the second quarter. California State Teachers Retirement System now owns 6,480 shares of the company’s stock worth $248,000 after buying an additional 347 shares during the period.

GlobalFoundries Company Profile

(Get Free Report)

GlobalFoundries, Inc (NASDAQ: GFS) is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers. The company operates as a pure-play foundry, producing integrated circuits across a range of process technologies for customers in markets such as automotive, communications, consumer electronics, industrial, and aerospace. Its service offering spans process development, manufacturing, test and packaging support, and design enablement including process design kits (PDKs) and intellectual property (IP) libraries to help customers bring designs to production.