48.39

1.26% +0.60

After Hours: 48.39

GlobalFoundries Inc (GFS)

Overview News Price History Option Chain Discussions Forecast

GlobalFoundries Inc stock is currently priced at $48.39, with a 24-hour trading volume of 817.48K. It has seen a +1.26% increased in the last 24 hours and a -4.73% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $47.82 pivot point. If it approaches the $48.86 resistance level, significant changes may occur.

Previous Close:

$47.79

Open:

$47.07

24h Volume:

817.48K

Market Cap:

$26.77B

Revenue:

$7.39B

Net Income/Loss:

$1.02B

P/E Ratio:

17.86

EPS:

2.71

Net Cash Flow:

$321.00M

1W Performance:

+4.60%

1M Performance:

-4.73%

6M Performance:

-7.05%

1Y Performance:

-16.93%

1D Range:

$47.06

$48.78

52W Range:

$45.52

$68.57

GlobalFoundries Inc Stock (GFS) Company Profile

Name

GlobalFoundries Inc

Sector

Technology (769)

Industry

Semiconductors (69)

Phone

518-305-9013

Address

400 Stonebreak Road Extension, Malta

Employee

15,000

Twitter

Next Earnings Date

2024-05-21

Latest SEC Filings

GFS's Discussions on Twitter

GlobalFoundries Inc Stock (GFS) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Feb-14-24	Downgrade	Citigroup	Buy → Neutral
Feb-05-24	Downgrade	JP Morgan	Overweight → Neutral
Jan-23-24	Initiated	Cantor Fitzgerald	Overweight
Dec-15-23	Downgrade	BofA Securities	Buy → Neutral
Aug-09-23	Reiterated	Deutsche Bank	Buy
Aug-09-23	Reiterated	Morgan Stanley	Overweight
Aug-09-23	Resumed	Needham	Hold
Jul-20-23	Initiated	Wolfe Research	Outperform
May-10-23	Reiterated	TD Cowen	Outperform
May-10-23	Reiterated	Wedbush	Outperform
Feb-15-23	Reiterated	Citigroup	Buy
Feb-15-23	Reiterated	Cowen	Outperform
Feb-15-23	Reiterated	Credit Suisse	Outperform
Feb-15-23	Reiterated	HSBC Securities	Hold
Feb-15-23	Reiterated	Loop Capital	Buy
Feb-15-23	Reiterated	Needham	Buy
Feb-15-23	Reiterated	Susquehanna	Positive
Jan-24-23	Initiated	Loop Capital	Buy
Nov-16-22	Resumed	Credit Suisse	Outperform
Mar-03-22	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Nov-22-21	Initiated	BofA Securities	Buy
Nov-22-21	Initiated	Citigroup	Buy
Nov-22-21	Initiated	Cowen	Outperform
Nov-22-21	Initiated	Credit Suisse	Outperform
Nov-22-21	Initiated	Deutsche Bank	Buy
Nov-22-21	Initiated	HSBC Securities	Hold
Nov-22-21	Initiated	JP Morgan	Overweight
Nov-22-21	Initiated	Jefferies	Buy
Nov-22-21	Initiated	Morgan Stanley	Equal-Weight
Nov-22-21	Initiated	Needham	Buy
Nov-22-21	Initiated	Raymond James	Outperform
Nov-22-21	Initiated	Robert W. Baird	Outperform
Nov-22-21	Initiated	Wedbush	Outperform
Nov-09-21	Initiated	Susquehanna	Positive

View All

GlobalFoundries Inc Stock (GFS) Latest News

GlobalFoundries Commits to Achieving Net Zero Emissions and Carbon-Neutral Power by 2050

GlobeNewswire Inc.

What TSMC, Intel, and GlobalFoundries Stock Investors Should Know About Recent CHIPS Act Updates

The Motley Fool

GlobalFoundries Announces Conference Call to Review First Quarter 2024 Financial Results

GlobeNewswire Inc.

Biden-Xi Talks Continue: Technology Block, Taiwan Top 'Candid Exchange Of Views'

Benzinga

Intel lines up $20 billion in Chips Act grants and loans, sending its stock higher

MarketWatch

Intel lines up $8.5 billion in Chips Act funding, sending its stock higher

MarketWatch

GlobalFoundries Inc Stock (GFS) Financials Data

GlobalFoundries Inc (GFS) Revenue 2024

GFS reported a revenue (TTM) of $7.39 billion for the quarter ending December 31, 2023, a -8.83% decline year-over-year.

GlobalFoundries Inc (GFS) Net Income 2024

GFS net income (TTM) was $1.02 billion for the quarter ending December 31, 2023, a -29.56% decrease year-over-year.

GlobalFoundries Inc (GFS) Cash Flow 2024

GFS recorded a free cash flow (TTM) of $321.00 million for the quarter ending December 31, 2023, a +173.79% increase year-over-year.

GlobalFoundries Inc (GFS) Earnings per Share 2024

GFS earnings per share (TTM) was $1.84 for the quarter ending December 31, 2023, a -30.04% decline year-over-year.

GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. It manufactures integrated circuits, which enable various electronic devices that are pervasive. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, power management units, and microelectromechanical systems. The company was founded in 2009 and is based in Malta, New York.