Ratings for GLOBALFOUNDRIES GFS were provided by 6 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 2 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 2 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $56.83, with a high estimate of $71.00 and a low estimate of $40.00. This current average has decreased by 9.55% from the previous average price target of $62.83.
Interpreting Analyst Ratings: A Closer Look
A clear picture of GLOBALFOUNDRIES's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| C J Muse | Cantor Fitzgerald | Lowers | Neutral | $40.00 | $55.00 |
| Krish Sankar | TD Cowen | Lowers | Buy | $55.00 | $65.00 |
| Ross Seymore | Deutsche Bank | Lowers | Buy | $55.00 | $60.00 |
| Matt Bryson | Wedbush | Maintains | Outperform | $65.00 | $65.00 |
| Mark Lipacis | Evercore ISI Group | Lowers | Outperform | $71.00 | $77.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $55.00 | $55.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to GLOBALFOUNDRIES. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of GLOBALFOUNDRIES compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of GLOBALFOUNDRIES's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of GLOBALFOUNDRIES's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on GLOBALFOUNDRIES analyst ratings.
About GLOBALFOUNDRIES
GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009. The foundry sells chips into a range of end markets including smartphones, PCs, Internet of Things, data centers, automotive, industrial, and so on, but primarily focuses on more mature process technologies. Until 2021, the firm was privately held by Mubadala Investment, the sovereign wealth fund of the United Arab Emirates. GlobalFoundries merged with Chartered Semiconductor Manufacturing in 2009 and acquired IBM's chipmaking business in 2015. GF is headquartered in Malta, New York, and employs about 12,000 people.
Financial Milestones: GLOBALFOUNDRIES's Journey
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Negative Revenue Trend: Examining GLOBALFOUNDRIES's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -11.54% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 9.5%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): GLOBALFOUNDRIES's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 1.38%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.85%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.24.
Understanding the Relevance of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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