GlobalFoundries

GFS · NASDAQ

$47.01+$0.90 (+1.95%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $46.11

GFS analyst rating

HoldConsensus of 15 analysts over the last 12 months. 47% rate it a buy.

Strong buy0
Buy7
Hold7
Underperform1
Sell0

12-month price target · 23 analysts

Average $78.51 (+67.0% upside)

Low: $55.55
Now: $47.01
High: $147.00

Upgrades and downgrades

The latest rating actions, newest first

GFS analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
TD Cowen	Oct 15, 2026	Maintains	Buy	$75.00	56%
Wedbush	Oct 15, 2026	Maintains	Neutral	$72.00	72%
Stifel	Sep 2, 2026	Initiates	Buy	$60.00	100%
TD Cowen	Aug 6, 2026	Maintains	Buy	$85.00 → $75.00	56%
UBS	Aug 6, 2026	Maintains	Neutral	$61.00 → $55.00	69%
Evercore ISI Group	May 19, 2026	Maintains	Outperform	$58.00 → $85.00	61%
Susquehanna	May 11, 2026	Maintains	Positive	$100.00 → $125.00	59%
UBS	May 6, 2026	Maintains	Neutral	$65.00 → $77.00	69%
JP Morgan	May 6, 2026	Maintains	Neutral	$45.00 → $70.00	67%
Citigroup	May 6, 2026	Maintains	Neutral	$49.00 → $70.00	71%

The case for and against

Updated Oct 14, 2026

Bull case

GLOBALFOUNDRIES is supported by improving fundamentals as 1Q26 revenue of $1.63B came in slightly ahead of guidance and non-IFRS gross margin reached 29.0%, 200bps above the guide midpoint, showing better mix and improving utilization. Its outlook is further strengthened by CY26 growth led by Communication Infrastructure & Data Center, expected up high-30% YoY, alongside Automotive up low double-digits and IoT up mid-single digits, while higher-margin SiPho, SatCom, and IP/licensing should expand earnings quality. With capacity in SiGe booked through CY27, SiPho and AMF adding revenue contribution, and operating expenses guided around $225MM through CY26, the company appears positioned for margin expansion and a more durable growth mix.

Bear case

GLOBALFOUNDRIES is facing a weak fundamental setup because supply shortages in basic materials and semiconductor substrates are pressuring top-line growth while limited demand for differentiated technologies like SiGe and SiPho constrains gross margin expansion. Its execution has also lagged targets, with CY25 operating margins at 15.7% versus a ~25% guide and revenues posting a -6% CAGR in the CY22-25 window, reflecting weaker comparables and lost data-center sockets. In addition, capacity additions at similar process nodes, cyclical end-market demand, and long-term supply contract obligations could intensify pricing pressure, reduce flexibility, and keep profitability below potential.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.