While GlobalFoundries Inc has underperformed by -5.57%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GFS fell by -29.66%, with highs and lows ranging from $61.98 to $35.85, whereas the simple moving average fell by -14.43% in the last 200 days.
On February 12, 2025, Needham Upgraded GlobalFoundries Inc (NASDAQ: GFS) to Buy. A report published by UBS on November 20, 2024, Initiated its previous ‘Neutral’ rating for GFS. Morgan Stanley also Downgraded GFS shares as ‘Equal-Weight’, setting a target price of $43 on the company’s shares in a report dated October 28, 2024. TD Cowen Reiterated the rating as Buy on August 07, 2024, but set its price target from $65 to $55. Jefferies initiated its ‘Buy’ rating for GFS, as published in its report on May 13, 2024. Evercore ISI’s report from April 16, 2024 suggests a price prediction of $71 for GFS shares, giving the stock a ‘Outperform’ rating. Cantor Fitzgerald also rated the stock as ‘Neutral’.
Analysis of GlobalFoundries Inc (GFS)
Further, the quarter-over-quarter decrease in sales is -1.29%, showing a negative trend in the upcoming months.
GlobalFoundries Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of -2.42% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.57, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and GFS is registering an average volume of 1.95M. On a monthly basis, the volatility of the stock is set at 4.86%, whereas on a weekly basis, it is put at 4.87%, with a loss of -13.92% over the past seven days. Furthermore, long-term investors anticipate a median target price of $48.33, showing growth from the present price of $38.35, which can serve as yet another indication of whether GFS is worth investing in or should be passed over.
How Do You Analyze GlobalFoundries Inc Shares?
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 81.08%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 19.38% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
GFS shares are owned by institutional investors to the tune of 19.38% at present.
