GlobalFoundries Inc. ($GFS) Stock Forecast: Up 7.4% Today

What is GlobalFoundries Inc.?

GlobalFoundries (GFS) is a semiconductor manufacturing company listed on the NASDAQ. The company focuses on providing advanced technology solutions for various industries, including automotive and data centers.

Why is GlobalFoundries Inc. going up?

GFS stock is up 7.4% on Feb 12, 2025 18:35

• GlobalFoundries (GFS) experienced a strong bullish movement today.
• An analyst upgrade to a Buy rating, citing growth opportunities in automotive and AI-powered data centers, contributed to the positive market sentiment.
• Despite beating revenue and earnings estimates in Q4, the stock initially dropped due to margin shrinkage and a disappointing revenue outlook. However, the CEO's emphasis on design win momentum helped regain investor confidence.
• The surpassing of Q4 earnings estimates by GFS also played a role in the bullish movement, indicating potential positive future performance for the stock.

GFS Price Chart

GFS Technical Analysis

GFS News

GlobalFoundries Gains Analyst Upgrade, Eyes Growth In Automotive And AI-Powered Data Centers - GLOBALFOUNDRIES ( NASDAQ:GFS )

GlobalFoundries Q4 revenue declined 1% to $1.83B, beating estimates, with adjusted EPS of $0.46 surpassing expectations Analyst upgraded GlobalFoundries to Buy, citing 2025 growth in automotive, data centers, and geopolitical tailwinds

https://www.benzinga.com/analyst-ratings/upgrades/25/02/43668326/globalfoundries-gains-analyst-upgrade-eyes-growth-in-automotive-and-ai-powered-data-cent

This NXP Semiconductors Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday - Mercury General ( NYSE:MCY ) , GLOBALFOUNDRIES ( NASDAQ:GFS )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Raymond James analyst C.

https://www.benzinga.com/25/02/43657626/this-nxp-semiconductors-analyst-turns-bullish-here-are-top-5-upgrades-for-wednesday

GlobalFoundries Q4 Earnings: Revenue And EPS Beat, Margins Shrink, Revenue Outlook Disappoints Street - GLOBALFOUNDRIES ( NASDAQ:GFS )

GlobalFoundries Q4 revenue beats estimates but declines 1% year-over-year as margins take a hit CEO highlights design win momentum despite industry challenges; stock drops after earnings release NOW OPEN: 200 Charter Memberships to Benzinga Trade Alerts

https://www.benzinga.com/25/02/43623967/globalfoundries-beats-q4-estimates-margins-shrink-935-million-impairment-charge

GlobalFoundries Inc. ( GFS ) Surpasses Q4 Earnings Estimates

GlobalFoundries (GFS) delivered earnings and revenue surprises of 2.22% and 0.15%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2413387/globalfoundries-inc-gfs-surpasses-q4-earnings-estimates

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GlobalFoundries Inc. Price History

08.10.2024 - GFS Stock was down 5.8%

• The bearish movement in GFS stock could be attributed to profit-taking by investors after the recent positive earnings report, as the stock had topped Q3 earnings and revenue estimates.
• The finalized major US funding deals with Taiwan Semiconductor Manufacturing Co (TSM) might have raised concerns among investors about increased competition in the chip manufacturing sector, leading to a sell-off in GFS stock.
• The unchanged US investment plan of TSMC after the recent political developments could have also impacted GFS stock negatively, as investors may have shifted focus towards companies with more stable investment outlooks.

05.10.2024 - GFS Stock was up 9.1%

• GFS stock experienced a bullish movement today, potentially due to positive market sentiment and expectations of strong earnings from NXP Semiconductors.
• The upcoming earnings release from NXP Semiconductors, a prominent player in the tech sector, alongside analysts adjusting their forecasts, might have increased investor confidence in the market, leading to heightened buying activity in GFS stock.
• Investors might be considering the temporary drop in NXP Semiconductors' earnings per share as a minor setback, focusing on the broader market outlook and growth potential, which could have positively impacted GFS stock performance.
• Today's bullish movement in GFS stock may also mirror general market trends and investor confidence as they position themselves ahead of significant earnings releases and market advancements.

03.08.2024 - GFS Stock was down 3.6%

• The Technology Summit highlighting the critical role of GF-made essential chips in AI acceleration did not translate into a positive market response for GlobalFoundries, potentially indicating investor concerns.
• Implied volatility surging for GFS stock options suggests heightened uncertainty and risk perception among investors, contributing to the bearish movement.
• Despite HP securing significant funding for chip development, this news did not have a direct impact on GlobalFoundries' stock performance, indicating that market dynamics specific to GFS were at play in today's movement.

25.09.2024 - GFS Stock was up 5.2%

• Despite a slight decrease in share price today, GLOBALFOUNDRIES (GFS) had a strong bullish movement overall.
• The recent spike in the stock price over the past month could be attributed to positive earnings or growth expectations.
• The decrease in the P/E ratio may indicate a potential undervaluation of the stock, attracting more investors.
• The long-term fall in stock price over the past year might be due to challenges faced by the semiconductor industry, such as supply chain disruptions and competition.

30.09.2024 - GFS Stock was down 5.6%

• The bearish movement in GFS stock could be due to a shift in investor sentiment towards consumer staples companies like Colgate-Palmolive, as indicated by the analyst downgrade.
• Investors might be reallocating their portfolios based on the updated outlook for consumer goods companies, leading to selling pressure on GFS shares.
• The negative sentiment towards Colgate-Palmolive could be spilling over to other companies in the sector, impacting GFS stock negatively.

05.10.2024 - GFS Stock was up 13.1%

• GlobalFoundries (GFS) had a strong upward movement following its Q3 earnings report, surpassing both earnings and revenue expectations.
• The better-than-expected earnings and revenue performance indicate solid company performance, possibly reflecting high demand for its semiconductor products.
• The rise in stock value may be due to investors' positive outlook on GlobalFoundries' future and its ability to overcome challenges in the semiconductor market.
• Anticipation surrounding NXP Semiconductors' upcoming earnings report, along with revised forecasts, could have also positively impacted the sentiment towards semiconductor stocks, including GlobalFoundries.

08.00.2025 - GFS Stock was down 5.0%

• The bearish movement in GFS stock could be attributed to the settlement of all litigation matters with IBM, which might have resulted in uncertainties among investors about the future prospects of the company.
• Despite the positive resolution with IBM, the market may have reacted negatively to the potential implications of the settlement on GFS's financials and strategic partnerships.
• Investors might be concerned about the impact of the settlement on GFS's competitive position in the semiconductor industry, leading to a sell-off of the stock in today's trading session.

02.07.2024 - GFS Stock was down 5.0%

• GlobalFoundries stock hitting a 52-week low at $45.48 indicates a strong bearish sentiment among investors.
• Shareholders backing new directors may have initially been seen as positive, but the overall market shifts likely overshadowed this news.
• The in-depth analysis comparing Qualcomm with competitors in the semiconductor industry may have highlighted challenges or weaknesses in GlobalFoundries, contributing to the bearish movement.
• The overall market shifts could be related to broader economic concerns impacting semiconductor stocks, further pressuring GFS downwards.

15.07.2024 - GFS Stock was up 5.1%

• GFS experienced a bullish movement recently.
• This positive shift could be linked to the upbeat atmosphere in the semiconductor sector, driven by increased demand and technological advancements.
• Potential indirect contributors to this optimistic investor sentiment for GFS include a recommendation to purchase Clorox by Jim Cramer and the generally favorable market outlook.
• Industry-wide comparisons, such as a recent analysis involving ON Semiconductor and its competitors, may have also portrayed the semiconductor industry positively, potentially influencing GFS's stock performance.

11.01.2025 - GFS Stock was up 5.1%

• GlobalFoundries (GFS) experienced a strong bullish movement today.
• Despite exceeding revenue and earnings per share (EPS) estimates in Q4, the stock faced a decline as margins shrank and revenue outlook disappointed the market.
• The CEO emphasized the momentum in design wins, indicating strength amid industry challenges.
• Mixed investor reactions could be linked to margin contraction and revenue guidance overshadowing the positive earnings surprise, resulting in a drop in the stock post-earnings release.

12.01.2025 - GFS Stock was up 5.2%

• Despite slightly beating revenue expectations and exceeding Q4 earnings forecasts, GlobalFoundries (GFS) faced a decline in margins and provided a disappointing revenue outlook.
• The CEO emphasized the company's design win momentum, but challenges within the industry had a negative impact on the stock post-earnings release.
• A prominent analyst's shift to a bullish stance on the company's outlook potentially contributed to the upbeat market performance, indicating growing investor confidence in GlobalFoundries (GFS) future prospects.

12.01.2025 - GFS Stock was up 7.4%

• GlobalFoundries (GFS) experienced a strong bullish movement today.
• An analyst upgrade to a Buy rating, citing growth opportunities in automotive and AI-powered data centers, contributed to the positive market sentiment.
• Despite beating revenue and earnings estimates in Q4, the stock initially dropped due to margin shrinkage and a disappointing revenue outlook. However, the CEO's emphasis on design win momentum helped regain investor confidence.
• The surpassing of Q4 earnings estimates by GFS also played a role in the bullish movement, indicating potential positive future performance for the stock.