Unavailable
Unavailable
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/10/2025 | $40.00 | Neutral | Goldman |
| 7/1/2025 | $52.00 | Buy | Argus |
| 2/12/2025 | $50.00 | Hold → Buy | Needham |
| 11/20/2024 | $47.00 | Neutral | UBS |
| 10/28/2024 | $53.00 → $43.00 | Overweight → Equal-Weight | Morgan Stanley |
| 8/7/2024 | $65.00 → $55.00 | Buy | TD Cowen |
| 5/13/2024 | $67.00 → $62.00 | Buy | Jefferies |
| 4/16/2024 | $71.00 | Outperform | Evercore ISI |
Goldman initiated coverage of GlobalFoundries with a rating of Neutral and set a new price target of $40.00
Argus initiated coverage of GlobalFoundries with a rating of Buy and set a new price target of $52.00
Needham upgraded GlobalFoundries from Hold to Buy and set a new price target of $50.00
MALTA, N.Y., Aug. 14, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced that it has completed its acquisition of MIPS, a leading supplier of AI and processor IP. The acquisition strengthens GF's position as a global leader in differentiated semiconductor manufacturing and enhances its capabilities in AI, edge computing and other high-growth markets. The combination of GF and MIPS brings together decades of expertise in advanced semiconductor manufacturing and processor IP innovation, enabling GF to deliver more differentiated solutions to meet the growing demand for energy-efficient, high-performance computing at the edge and beyond. MIPS is expected to continue
MALTA, N.Y., Aug. 06, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced it has entered into an agreement with Apple for a deeper collaboration that will advance semiconductor technologies and strengthen U.S. manufacturing. This partnership will enable GF to accelerate investments at its state-of-the-art semiconductor manufacturing facility in Malta, New York, underscoring a shared commitment to strengthen U.S.-based innovation and production of power-efficient, AI-enabling technologies that are essential to the future of mobile computing and intelligent devices. "Today's announcement is a significant milestone in our decade-long partnership with Apple, as we work
MALTA, N.Y., Aug. 05, 2025 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the second quarter ended June 30, 2025. Key Second Quarter Financial Highlights Revenue of $1.688 billionGross margin of 24.2% and Non-IFRS gross margin(1) of 25.2%Operating margin of 11.6% and Non-IFRS operating margin(1) of 15.3%Net income of $228 million and Non-IFRS net income(1) of $234 millionDiluted earnings per share of $0.41 and Non-IFRS diluted earnings per share(1) of $0.42Non-IFRS adjusted EBITDA(1) of $585 millionEnding cash, cash equivalents and marketable securities of $3.9 billionNet cash provided by operating acti
6-K - GLOBALFOUNDRIES Inc. (0001709048) (Filer)
6-K - GLOBALFOUNDRIES Inc. (0001709048) (Filer)
6-K - GLOBALFOUNDRIES Inc. (0001709048) (Filer)
MALTA, N.Y., July 01, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced that it has acquired Tagore Technology's proprietary and production proven Power Gallium Nitride (GaN) IP portfolio, a high-power density solution designed to push the boundaries of efficiency and performance in a wide range of power applications in automotive, internet of things (IoT) and artificial intelligence (AI) datacenter. As the digital world continues to evolve with technologies like Generative AI, GaN stands out as a pivotal solution for sustainable and efficient power management particularly in datacenters. Today's announcement reinforces GF's commitment to large-scale manufacturing
MALTA, N.Y., May 09, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced the appointment of two new senior executives to its leadership team. Tim Stone has been appointed as the new Chief Financial Officer (CFO), taking over for David Reeder who will leave the company after transitioning to Stone over the coming months, and Niels Anderskouv will join as the new Chief Business Officer (CBO). As CFO, Mr. Stone will build on the strong foundation laid by current CFO, David Reeder, and will focus on accelerating GF's financial performance. Mr. Stone brings a world-class finance pedigree to GF including more than 20 years building Amazon's global business in senior finan
MALTA, N.Y., Nov. 21, 2022 /PRNewswire/ -- GlobalFoundries (NASDAQ:GFS) (GF), a global leader in feature-rich semiconductor manufacturing, today announced the appointment of Ashlie Wallace as Senior Vice President of Global Supply Chain, effective November 28, 2022. In this role, Ms. Wallace will spearhead GF's global supply chain operations including logistics, supply planning, sourcing, and procurement to drive operational efficiency that will support the company's continued growth. "Ashlie's deep expertise in supply chain management will continue to ensure GF is at the fore
SC 13G/A - GLOBALFOUNDRIES Inc. (0001709048) (Subject)
SC 13G/A - GLOBALFOUNDRIES Inc. (0001709048) (Subject)
SC 13G/A - GLOBALFOUNDRIES Inc. (0001709048) (Subject)
MALTA, N.Y., Aug. 05, 2025 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the second quarter ended June 30, 2025. Key Second Quarter Financial Highlights Revenue of $1.688 billionGross margin of 24.2% and Non-IFRS gross margin(1) of 25.2%Operating margin of 11.6% and Non-IFRS operating margin(1) of 15.3%Net income of $228 million and Non-IFRS net income(1) of $234 millionDiluted earnings per share of $0.41 and Non-IFRS diluted earnings per share(1) of $0.42Non-IFRS adjusted EBITDA(1) of $585 millionEnding cash, cash equivalents and marketable securities of $3.9 billionNet cash provided by operating acti
MALTA, N.Y., July 02, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a conference call on Tuesday, August 5, 2025, at 8:30 a.m. ET following the release of the company's second quarter 2025 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, August 5, 2025, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company's financial results and a webcast of the conference call will be available on GlobalFoundries' Investor Relations website at https://investors.gf.com. About GF GlobalFoundries (GF) is a leading manu
MALTA, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the first quarter ended March 31, 2025. Key First Quarter Financial Highlights Revenue of $1.585 billionGross margin of 22.4% and Non-IFRS gross margin(1) of 23.9%Operating margin of 9.5% and Non-IFRS operating margin(1) of 13.4%Net income of $211 million and Non-IFRS net income(1) of $189 millionDiluted earnings per share of $0.38 and Non-IFRS diluted earnings per share(1) of $0.34Non-IFRS adjusted EBITDA(1) of $558 millionEnding cash, cash equivalents and marketable securities of $3.7 billionNet cash provided by operating activities of $331 million and