GLOBALFOUNDRIES (NASDAQ:GFS – Free Report) had its target price decreased by Robert W. Baird from $70.00 to $63.00 in a research note published on Wednesday morning, Benzinga reports. Robert W. Baird currently has an outperform rating on the stock. GFS has been the subject of a number of other reports. Morgan Stanley cut their price […]
GLOBALFOUNDRIES (NASDAQ:GFS – Free Report) had its price target lowered by Susquehanna from $74.00 to $65.00 in a research report released on Wednesday morning, Benzinga reports. The brokerage currently has a positive rating on the stock. Other research analysts have also recently issued research reports about the stock. Cantor Fitzgerald restated an overweight rating and […]
GLOBALFOUNDRIES (NASDAQ:GFS – Get Free Report) issued its earnings results on Tuesday. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.05, MarketWatch Earnings reports. The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.85 billion. GLOBALFOUNDRIES had a net […]
GLOBALFOUNDRIES (NASDAQ:GFS – Get Free Report) issued an update on its first quarter 2024 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.180-0.280 for the period, compared to the consensus earnings per share estimate of 0.460. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue […]
Maven Securities LTD reduced its position in GLOBALFOUNDRIES Inc. (NASDAQ:GFS – Free Report) by 10.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 45,000 shares of the company’s stock after selling 5,000 shares during the period. Maven Securities LTD’s holdings in GLOBALFOUNDRIES were worth $2,619,000 as of its most recent SEC filing. Several other […]