41.52

2.14% -0.91

After Hours: 41.58 0.06 +0.14%

Globalfoundries Inc (GFS)

Overview News Price History Option Chain Discussions Forecast

Globalfoundries Inc stock is traded at $41.52, with a volume of 2.40M. It is down -2.14% in the last 24 hours and down -0.36% over the past month. GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009. The foundry sells chips into a range of end markets including smartphones, PCs, Internet of Things, data centers, automotive, industrial, and so on, but primarily focuses on more mature process technologies. Until 2021, the firm was privately held by Mubadala Investment, the sovereign wealth fund of the United Arab Emirates. GlobalFoundries merged with Chartered Semiconductor Manufacturing in 2009 and acquired IBM's chipmaking business in 2015. GF is headquartered in Malta, New York, and employs about 13,000 people.

Previous Close:

$42.43

Open:

$42.59

24h Volume:

2.40M

Relative Volume:

1.31

Market Cap:

$22.95B

Revenue:

$6.77B

Net Income/Loss:

$742.00M

P/E Ratio:

30.99

EPS:

1.34

Net Cash Flow:

$1.23B

1W Performance:

-3.80%

1M Performance:

-0.36%

6M Performance:

-9.88%

1Y Performance:

-21.88%

1-Day Range:

$41.42

$43.00

1-Week Range:

$41.42

$47.69

52-Week Range:

$35.85

$61.98

Globalfoundries Inc Stock (GFS) Company Profile

Name

Globalfoundries Inc

Sector

Technology (770)

Industry

Semiconductors (69)

Phone

Address

Employee

12,000

Twitter

Next Earnings Date

2025-02-11

Latest SEC Filings

GFS's Discussions on Twitter

Compare GFS with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
GFS Globalfoundries Inc	41.52	22.95B	6.77B	742.00M	1.23B	1.34
NVDA Nvidia Corp	130.28	3.19T	113.27B	63.07B	56.55B	2.541
TSM Taiwan Semiconductor Manufacturing Adr	191.65	994.00B	90.09B	36.51B	27.12B	7.0399
AVGO Broadcom Inc	207.93	974.64B	51.57B	5.90B	19.41B	1.226
TXN Texas Instruments Inc	200.74	183.12B	15.64B	4.80B	1.50B	5.19
QCOM Qualcomm Inc	161.10	178.18B	40.70B	10.56B	12.74B	9.36

Globalfoundries Inc Stock (GFS) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Feb-12-25	Upgrade	Needham	Hold → Buy
Nov-20-24	Initiated	UBS	Neutral
Oct-28-24	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Aug-07-24	Reiterated	TD Cowen	Buy
May-13-24	Initiated	Jefferies	Buy
Apr-16-24	Initiated	Evercore ISI	Outperform
Apr-08-24	Downgrade	Cantor Fitzgerald	Overweight → Neutral
Mar-05-24	Downgrade	Susquehanna	Positive → Neutral
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

Feb 21, 2025

Could GlobalFoundries be the critical link in Intel's foundry transformation? - DIGITIMES

Feb 21, 2025

GlobalFoundries, Analog Devices push diversification as they prepare for tariffs - Supply Chain Dive

Feb 21, 2025

GlobalFoundries, Analog Devices push diversification as tariffs loom - Manufacturing Dive

Feb 21, 2025

GlobalFoundries: Will Its Geopolitical Strategy Help Tilt The Competitive Dynamics In Its Favor? - Smartkarma

Feb 21, 2025

Feb 20, 2025

Intel: What Are the Chances of a Restructuring and Who Are the Likely Benefactors? - Investing.com

Feb 20, 2025

Feb 19, 2025

RPI and GlobalFoundries Partner on Semiconductor Workforce Development - RPI News

Feb 18, 2025

Feb 17, 2025

Hell freezes, pigs fly: Rumor has it that Intel could merge with AMD's former foundry in potential multi-billion deal - TechRadar

Feb 17, 2025