Globalfoundries Inc GFS

What the company does

Globalfoundries Inc is a large-cap company in the Technology sector (Semiconductors), with a market value of $24.7B, based in the USA.

It employs about 14,000 people and has been listed since Oct 28, 2021.

GLOBALFOUNDRIES Inc., a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies in the United States, Europe, the Middle East, Africa, and internationally. It offers semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. The company also provides quantum technology solutions.

Cheap or expensive? priced in line with its group

Its price-to-earnings (P/E) is 34.7 versus 38.7 for the median of the Technology sector in our universe (65 companies) — priced in line with its group.

Revenue is growing 6% versus the same quarter last year.

On analysts' next-year forecasts the multiple drops to 18.8 — they expect higher earnings.

The average analyst price target is 74.68, 68% above the current price (their view, not ours).

The stock sits at 21% of its one-year range (0% = the low, 100% = the high).

The risks

• • More cash leaves than comes in (negative free cash flow).
• • The stock is more volatile than average (beta 1.8) — big daily moves both ways.
• • 14% of the float is sold short — part of the market is betting on a decline.
• • The stock is 52% below its one-year high.
• • Quarterly report in 10 days (2026-11-04) — a day the stock can move a lot.

Strengths

• ✅ Profitable — 9 of every 100 dollars of revenue stays as profit.
• ✅ More cash than debt.
• ✅ Most analysts rate it buy (13 vs 1).
• ✅ Pays a dividend (0.3% a year).

What changed this week

Over the past week the stock fell 4.9% (for comparison: S&P 500 -0.4%, sector ETF XLK -0.1%).

This week's news

• Buy, Sell or Hold AMKR Stock? Key Tips Ahead of Q3 Earnings finance.yahoo.com · 2026-10-22
  What the article says

  Amkor Technology AMKR is scheduled to report third-quarter 2026 results on Oct. 26. For the quarter, the company expects revenues between $1.95 billion and $2.05 billion. The Zacks Consensus Estimate for revenues is pegged at $2.02 billion, indicating year-over-year growth of 1.54%. Amkor Technology projects earnings… source ↗

• IBM Beats Q3 Earnings Estimates on Software, Infrastructure Growth finance.yahoo.com · 2026-10-22
  What the article says

  International Business Machines Corporation IBM reported strong third-quarter 2026 results, with adjusted earnings rising 11% year over year to $2.95 per share. The figure beat the Zacks Consensus Estimate of $2.88 by 2.4%. Revenues increased 4.7% to $17.10 billion, surpassing the consensus mark of $16.87 billion by… source ↗

• T Q3 Earnings Beat Estimates on Fiber and Wireless Growth finance.yahoo.com · 2026-10-21
  What the article says

  AT&T Inc. T reported third-quarter 2026 adjusted earnings of 65 cents per share, up 20.4% year over year, surpassing the Zacks Consensus Estimate of 61 cents by 6.56%. Revenues rose 5.3% to $32.32 billion, beating the $31.68 billion consensus by 2.02%. Growth in fiber and wireless services supported results, with… source ↗

• Is GLOBALFOUNDRIES (GFS) Cheap After Its New York Fab Expansion Plans? finance.yahoo.com · 2026-10-21
  What the article says

  GLOBALFOUNDRIES (GFS) is in focus after being selected to run two new chip fabs at its Malta, New York site under a U.S.-Japan initiative that could supply up to $21b in funding. The GLOBALFOUNDRIES share price has eased in recent months, with a 30 day share price return of down 3.2% and a 90 day move of down 17.4%.… source ↗

• GlobalFoundries (GFS) Stock Could Be 35% Overvalued On New York Fab Plans finance.yahoo.com · 2026-10-21
  What the article says

  GLOBALFOUNDRIES has delivered a 36.9% gain over the past year, even as the share price has been softer in recent weeks, which puts a sharper spotlight on whether that move is backed up by the cash the business can generate. With the stock last closing at US$47.01 and major capacity projects on the horizon, the… source ↗

• GLOBALFOUNDRIES (GFS) Will Operate Two New New York Chip Fabs finance.yahoo.com · 2026-10-21
  What the article says

  GLOBALFOUNDRIES (NasdaqGS:GFS) has been chosen to supply technology and run two new chip fabs in New York under a U.S. Japan initiative. The project links U.S. and Japanese government backed funding to expand American semiconductor manufacturing capacity and related high skilled jobs. The twin fabrication plants are… source ↗

What changed since last week

• New risk flag: earnings report coming up.

• The price fell 4.9% since the last summary.