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Market Cap 33.32B P/E 21.71 EPS this Y -39.30% Ern Qtrly Grth -35.40%
Income 814M Forward P/E 20.74 EPS next Y 39.70% 50D Avg Chg -2.00%
Sales 6.89B PEG 3.45 EPS past 5Y 40.79% 200D Avg Chg -2.00%
Dividend N/A Price/Book 3.25 EPS next 5Y 8.21% 52W High Chg -17.00%
Recommedations 2.20 Quick Ratio 1.58 Shares Outstanding 551.78M 52W Low Chg 30.00%
Insider Own - ROA 3.21% Shares Float 82.23M Beta 1.54
Inst Own 105.77% ROE 7.46% Shares Shorted/Prior 11.73M/10.73M Price 60.35
Gross Margin 26.75% Profit Margin 11.82% Avg. Volume 1,552,854 Target Price 54.99
Oper. Margin 9.80% Earnings Date Aug 6 Volume 1,423,216 Change -3.02%
About GlobalFoundries Inc.

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. GlobalFoundries Inc. has a strategic partnership with Efficient Computer to develop high-performance computer processors. The company was incorporated in 2008 and is headquartered in Malta, New York.

GlobalFoundries Inc. News
12:13 PM GlobalFoundries Inc. (GFS) Secures $1.5 Billion US Grant Amid Nationwide Semiconductor Investment Push
05:16 AM GlobalFoundries awarded $1.5bn subsidy
04:55 AM GlobalFoundries initiated with a Neutral at UBS
11/20/24 GlobalFoundries' Upside Potential Seen Offset by Market Oversupply Risk, UBS Says
11/20/24 US finalizes $1.5 billion chips award for GlobalFoundries to expand production
11/20/24 GlobalFoundries and U.S. Department of Commerce Announce Award Agreement on CHIPS Act Funding for Essential Chip Manufacturing
11/15/24 GlobalFoundries (GFS) Faces Inventory Challenges Amid Analyst Downgrades
11/08/24 Biden races to allocate CHIPS Act funding to chipmakers: BBG
11/08/24 GlobalFoundries Inc. Just Recorded A 31% EPS Beat: Here's What Analysts Are Forecasting Next
11/07/24 GlobalFoundries price target lowered to $40 from $45 at Citi
11/06/24 TSMC and GlobalFoundries Finish Talks Over Chips Act Awards
11/06/24 TSMC, GlobalFoundries poised to get final Chips Act awards, sources say
11/06/24 Why Globalfoundries Rallied Today
11/06/24 Did GlobalFoundries Inc (GFS) Face Penalties for AI Chip Shipments?
11/06/24 GlobalFoundries Third Quarter 2024 Earnings: EPS Beats Expectations
11/06/24 GLOBALFOUNDRIES Inc (GFS) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Market ...
11/05/24 Q3 2024 GlobalFoundries Inc Earnings Call
11/05/24 GlobalFoundries Stock Jumps on Chipmaker's Earnings, Bullish Outlook
11/05/24 AI chips: Astera Labs stock skyrockets, GlobalFoundries rises
11/05/24 GlobalFoundries Rockets 10% on Huge Q4 Forecast
GFS Chatroom

User Image Hustle55 Posted - 3 hours ago

@LiveMOREdangerously $GFS is already working with $STM so I've often thought they may be a soon-to-be acknowledged partner (officially that is)

User Image Scary09 Posted - 16 hours ago

$GFS Scaling back in under $41.50

User Image Stonehands Posted - 23 hours ago

$GFS $1.5B LFG1

User Image wallstengine Posted - 1 day ago

GlobalFoundries $GFS secured $1.5B under the CHIPS Act as part of a $13B+ investment to expand its chip production in New York and Vermont. Projects include expanding its Malta, NY fab, modernizing Vermont operations for next-gen semiconductors, and building a new fab in Malta. Expected to create nearly 1,000 direct jobs and 9,000 construction jobs, this initiative aims to meet growing demand across industries like automotive, AI, and aerospace while strengthening U.S. supply chains and security.

User Image mrpocket Posted - 1 day ago

$GFS

User Image OpenOutcrier Posted - 1 day ago

$GFS (+2.5% pre) Receives Us Dept of Commerce grant award agreement for upto $1.5B from CHIPS Act; Additional $550M from NY State confirmed - Source TradeTheNews.com https://ooc.bz/l/48834

User Image Marketmeltdown Posted - 1 week ago

$GFS 🤮🐶💩!

User Image BoxTurtle Posted - 1 week ago

CHIPS Act Rebranding Likely Under Trump, Needham Says $MU $GFS $TSM https://finance.yahoo.com/news/chips-act-rebranding-likely-under-172619044.html

User Image Marketmeltdown Posted - 1 week ago

$GFS What a piece of 🐶💩!

User Image StocktwitsAlexander Posted - 1 week ago

$GFS Opening Price: $40.10 Closing Price: $43.98 Highest Price: $47.14 Lowest Price: $35.85 Percentage Change: 9.68%

User Image hi_tech_low_life Posted - 1 week ago

Financial Crime Weekly: Alleged Snowflake Hacker Arrested, Banned China Chip Shipments, Payday Advance Company Sued $GFS $DAVE $SNOW https://www.benzinga.com/24/11/41849944/financial-crime-weekly-alleged-snowflake-hacker-arrested-banned-china-chip-shipments-payday-advance-company-sued

User Image Benzinga Posted - 1 week ago

Financial Crime Weekly: Alleged Snowflake Hacker Arrested, Banned China Chip Shipments, Payday Advance Company Sued https://www.benzinga.com/24/11/41849944/financial-crime-weekly-alleged-snowflake-hacker-arrested-banned-china-chip-shipments-payday-advance-company-sued $GFS $DAVE $SNOW

User Image Marketmeltdown Posted - 1 week ago

$GFS the 🐶💩 is back!

User Image MRUSMC Posted - 1 week ago

$GFS This may be a better semiconductor stock versus $NVDA under Trump. Trump wants American manufacturing and Global Foundries is it. Why would we buy from Taiwan and now risk high tariffs for chips when we can use American made Global Foundries chips instead? I feel bullish on Global Foundries due to the Trump win.

User Image storystockLWLG Posted - 2 weeks ago

$LWLG Here is a great quote from Anthony Yu of $GFS when Michael Hochberg asked what would surprise people that no one is talking about. “Shock people with as you bring in new materials with how quickly the rate of compute will increase…moving beyond Moore's Law. Rate of computing isn’t driven by simply by lithography on GPUs. Question of how you can use optical interconnect to make bandwidth grow at unheard of speeds. So, I think we’ll shock the world with that” So, what are the new materials which Yu is talking about? $LWLG EOPs? Moving beyond Moore's Law via photonics is the only continue to scale GenAI for the next several generations.

User Image OpenOutcrier Posted - 2 weeks ago

$TSM (+1.3% pre) TSMC, $GFS GlobalFoundries poised to get final Chips Act awards, sources say - Reuters https://ooc.bz/l/47164

User Image AimlessBlade Posted - 2 weeks ago

$GFS Photonics speculation gaining steam ?

User Image Scary09 Posted - 2 weeks ago

$GFS if it looks like a clown, talks like a clown, well there it is

User Image OsitoPolar Posted - 2 weeks ago

$GFS Issa buy

User Image Scary09 Posted - 2 weeks ago

$GFS Have to take profit while it’s there. Have a feeling it will cool off a bit and will rejoin. If you are holding GL and MAGA!

User Image swingingtech Posted - 2 weeks ago

$GFS $AZN https://wallstreetwaves.com/key-movers-in-nasdaq-100-azn-and-gfs-update/

User Image Thestocktraderhubzee Posted - 2 weeks ago

WATCHLIST NOV 06 2024 $IRON Scotiabank Maintains Sector Outperform on Disc Medicine, Raises Price Target to $70 $GFS Citigroup Maintains Neutral on GLOBALFOUNDRIES, Lowers Price Target to $40 $NSSC Lake Street Maintains Buy on NAPCO Security Techs, Lowers Price Target to $41 $SNAP Loop Capital Maintains Buy on Snap, Raises Price Target to $16 $FBRT Jones Trading Maintains Buy on Franklin BSP Realty Trust, Maintains $15 Price Target

User Image swingingtech Posted - 2 weeks ago

$GFS $PLTR $INTC $AVGO https://wallstreetwaves.com/stocks-finish-higher-as-chip-makers-rally/

User Image Scary09 Posted - 2 weeks ago

$GFS look at the way it eats

User Image butterfly43026 Posted - 2 weeks ago

$GFS Why up?

User Image PiperFinn Posted - 2 weeks ago

$GFS yup

User Image amda Posted - 2 weeks ago

$XXII jumped back in here with $GFS profits, playing with house money only

User Image livingthehilife Posted - 2 weeks ago

$GFS watching

User Image mrpocket Posted - 2 weeks ago

$gfs holy glo fo

User Image Stocksrunner Posted - 2 weeks ago

$GFS Short interest alert! GlobalFoundries is on fire today after earnings beat and optimistic Q4 outlook. Q3 revenue of $1.74B may have declined YoY, but the 41-cent EPS beat is fueling major momentum. Bulls are circling, and shorts could soon feel the squeeze.

Analyst Ratings
TD Cowen Buy Aug 7, 24
Deutsche Bank Buy Aug 7, 24
Wedbush Outperform Aug 7, 24
Evercore ISI Group Outperform Aug 7, 24
Needham Hold Aug 7, 24
Cantor Fitzgerald Neutral Jul 16, 24
HSBC Hold May 8, 24
Morgan Stanley Overweight May 8, 24
Susquehanna Neutral May 8, 24