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GLOBALFOUNDRIES (NASDAQ:GFS) Stock Rating Reaffirmed by Cantor Fitzgerald

GLOBALFOUNDRIES (NASDAQ:GFS – Get Free Report)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Cantor Fitzgerald in a research report issued to clients and investors on Wednesday, Benzinga reports. They presently have a $70.00 target price on the stock. Cantor Fitzgerald’s price target would suggest a potential upside of 28.06% from the […] ....

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GLOBALFOUNDRIES (NASDAQ:GFS) Updates Q1 2024 Earnings Guidance

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 […] ....

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GLOBALFOUNDRIES (NASDAQ:GFS) Releases Earnings Results, Beats Estimates By $0.05 EPS

GLOBALFOUNDRIES (NASDAQ:GFS – Get Free Report) issued its earnings results on Tuesday. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.59 by $0.05, MarketWatch Earnings reports. GLOBALFOUNDRIES had a return on equity of 14.78% and a net margin of 18.47%. The business had revenue of $1.85 billion during the quarter, […] ....

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Ellevest Inc. Boosts Holdings in GLOBALFOUNDRIES Inc. (NASDAQ:GFS)

Ellevest Inc. lifted its stake in GLOBALFOUNDRIES Inc. (NASDAQ:GFS – Free Report) by 31.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 8,407 shares of the company’s stock after purchasing an additional 2,016 shares during the quarter. Ellevest Inc.’s holdings in GLOBALFOUNDRIES were worth $489,000 at the end of the most recent quarter. Several […] ....

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GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Receives Consensus Rating of "Moderate Buy" from Brokerages

Shares of GLOBALFOUNDRIES Inc. (NASDAQ:GFS – Get Free Report) have received an average recommendation of “Moderate Buy” from the seventeen ratings firms that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average twelve-month price […] ....

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