TD Cowen reiterated coverage of GlobalFoundries with a rating of Buy and set a new price target of $55.00 from $65.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/27/2025 | $38.00 | Buy → Hold | Jefferies |
| 10/24/2025 | $45.00 | Outperform | BNP Paribas Exane |
| 10/13/2025 | $35.00 | Neutral → Underperform | BofA Securities |
| 8/27/2025 | $37.00 | Sell → Neutral | Arete |
| 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 |
Jefferies downgraded GlobalFoundries from Buy to Hold and set a new price target of $38.00
BNP Paribas Exane initiated coverage of GlobalFoundries with a rating of Outperform and set a new price target of $45.00
BofA Securities downgraded GlobalFoundries from Neutral to Underperform and set a new price target of $35.00
6-K - GLOBALFOUNDRIES Inc. (0001709048) (Filer)
6-K - GLOBALFOUNDRIES Inc. (0001709048) (Filer)
6-K - GLOBALFOUNDRIES Inc. (0001709048) (Filer)
SINGAPORE, Nov. 17, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced the acquisition of Advanced Micro Foundry (AMF), a silicon photonics foundry based in Singapore, marking a pivotal step in GF's strategy to advance innovation and its leadership in silicon photonics. This acquisition will expand GF's silicon photonics technology portfolio, production capacity and research and development in Singapore, complementing its existing technology capabilities in the U.S. and unlocking new market opportunities with a broader set of datacenter and communication technologies. GF's acquisition of AMF brings together AMF's manufacturing assets, extensive intellectual propert
Expansion of EMEA operations signals strong focus on Automotive, Industrial, and Communications Infrastructure market growth, leveraging the industry-leading MIPS Atlas Portfolio of RISC-V IP MIPS, a GlobalFoundries company, announced today that Michael Zirngibl has joined as Vice President, Business Development for EMEA. In this role, Michael will lead business expansion across the region, building on his extensive background in automotive, industrial, and communications infrastructure sectors to support MIPS mission to advance the next wave of physical AI. "Michael joining MIPS today highlights the opportunity for MIPS technology in physical AI platforms," said Sameer Wasson, MIPS CEO
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. and TORRANCE, Calif., Nov. 20, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) and Navitas Semiconductor (NASDAQ:NVTS) today announced a long-term strategic partnership to strengthen and accelerate U.S.-based gallium nitride (GaN) technology, design and manufacturing. Together, the companies will collaborate, develop and deliver advanced solutions for critical applications in high power markets that demand the highest efficiency and power density, including AI datacenters, performance computing, energy and grid infrastructure and industrial electrification. Navitas Semiconductor, a pioneer in GaN and high-voltage SiC technologies, has achieved successful GaN deplo
MALTA, N.Y., Nov. 19, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced that BAE Systems will use GF's advanced FinFET semiconductor technology in a new offering for space applications. Securely manufactured at GF's facility in Malta, New York, this technology enables BAE Systems and others to create highly differentiated chips for electronic systems to withstand the harsh environment of space. With its new RH12™ Storefront, BAE Systems, using its intellectual property and design techniques, has created a turnkey solution to allow for the rapid development of custom radiation-hardened semiconductor solutions for space applications. These chips are manufactured usi
SINGAPORE, Nov. 17, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced the acquisition of Advanced Micro Foundry (AMF), a silicon photonics foundry based in Singapore, marking a pivotal step in GF's strategy to advance innovation and its leadership in silicon photonics. This acquisition will expand GF's silicon photonics technology portfolio, production capacity and research and development in Singapore, complementing its existing technology capabilities in the U.S. and unlocking new market opportunities with a broader set of datacenter and communication technologies. GF's acquisition of AMF brings together AMF's manufacturing assets, extensive intellectual propert
SC 13G/A - GLOBALFOUNDRIES Inc. (0001709048) (Subject)
SC 13G/A - GLOBALFOUNDRIES Inc. (0001709048) (Subject)
SC 13G/A - GLOBALFOUNDRIES Inc. (0001709048) (Subject)
MALTA, N.Y., Nov. 14, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) today announced that it will host a webinar for investors and analysts on Wednesday, December 3, 2025, at 10:00 a.m. ET. At this event, GF's business leaders will provide a market, technical, and strategy update on the opportunities for GF across the rapidly evolving Physical AI market. The upcoming webinar will showcase how GlobalFoundries' MIPS and ultra-low power solutions are driving the evolution of smart, autonomous, and connected devices from edge to physical AI applications. Webcast Information Presentations will be followed by a Q&A session. Interested parties may join the scheduled conference call by r
MALTA, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (NASDAQ:GFS) today announced preliminary financial results for the third quarter ended September 30, 2025. Key Third Quarter Financial Highlights Revenue of $1.688 billionGross margin of 24.8% and Non-IFRS gross margin(1) of 26.0%Operating margin of 11.6% and Non-IFRS operating margin(1) of 15.4%Net income of $249 million and Non-IFRS net income(1) of $232 millionDiluted earnings per share of $0.44 and Non-IFRS diluted earnings per share(1) of $0.41Non-IFRS adjusted EBITDA(1) of $573 millionEnding cash, cash equivalents and marketable securities of $4.2 billionNet cash provided by operating activities of $595 millio
MALTA, N.Y., Oct. 27, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced that, effectively immediately, John Hollister, GF's Chief Financial Officer, is leaving the company for personal reasons. Sam Franklin, GF's Senior Vice President of Business Finance, Operations and Investor Relations, will assume the position of Interim Chief Financial Officer while the company conducts a search for a permanent CFO. "We appreciate John's valuable contributions to GF and we wish him the best. While the company determines a permanent successor, we are confident in Sam's ability to serve as our Interim CFO given his deep experience and intimate familiarity with the company's bus