At the time of writing, GlobalFoundries Inc [GFS] stock is trading at $38.39, up 0.39%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GFS shares have gain 0.10% over the last week, with a monthly amount drifted -5.33%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
GlobalFoundries Inc [NASDAQ: GFS] stock has seen the most recent analyst activity on February 12, 2025, when Needham upgraded its rating to a Buy but kept the price target unchanged to $50 for it. Previously, UBS started tracking the stock with Neutral rating on November 20, 2024, and set its price target to $47. On October 28, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $43 on the stock. TD Cowen reiterated its Buy rating and decreased its price target to $55 on August 07, 2024. Jefferies initiated its recommendation with a Buy and recommended $62 as its price target on May 13, 2024. Evercore ISI started tracking with a Outperform rating for this stock on April 16, 2024, and assigned it a price target of $71. In a note dated April 08, 2024, Cantor Fitzgerald downgraded an Neutral rating on this stock and revised its target price from $70 to $55.
For the past year, the stock price of GlobalFoundries Inc fluctuated between $35.85 and $61.98. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. GlobalFoundries Inc [NASDAQ: GFS] shares were valued at $38.39 at the most recent close of the market. An investor can expect a potential return of 30.24% based on the average GFS price forecast.
Analyzing the GFS fundamentals
According to GlobalFoundries Inc [NASDAQ:GFS], the company’s sales were 6.75B for trailing twelve months, which represents an -1.29% plunge. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.02 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 37.51 points at the first support level, and at 36.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.90, and for the 2nd resistance point, it is at 39.42.
Ratios To Look Out For
It is important to note that GlobalFoundries Inc [NASDAQ:GFS] has a current ratio of 2.11. Also, the Quick Ratio is 1.57, while the Cash Ratio stands at 0.72. Considering the valuation of this stock, the price to sales ratio is 3.16, the price to book ratio is 1.84.
Transactions by insiders
Recent insider trading involved EDELMAN MARTIN L, Director, that happened on Oct 02 ’24 when 4866.0 shares were purchased. Director, EDELMAN MARTIN L completed a deal on Aug 07 ’24 to buy 1823.0 shares.
