GlobalFoundries Inc. rises as semiconductor sector rebounds
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 27 Jan 26
Source: Benzinga
GlobalFoundries Inc. shares increased by 6.85%, reaching a 20-day high, amid positive momentum in the semiconductor sector.
The semiconductor sector showed strong performance, with Intel's shares surging 9% ahead of its Q4 earnings release, reflecting investor optimism. This positive sentiment extended to competitors like Micron Technology and AMD, which saw gains of 5% and 5.5%, respectively. The Philadelphia Semiconductor Index also increased by nearly 2%, indicating a robust rebound across the industry that may attract more investor interest.
This surge in the semiconductor sector suggests a growing confidence among investors, which could lead to further investment and growth opportunities for companies like GlobalFoundries Inc.
Analyst Views on GFS
Wall Street analysts forecast GFS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GFS is 38.88 USD with a low forecast of 35.00 USD and a high forecast of 45.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
2 Buy
5 Hold
2 Sell
Hold
Current: 44.220
Low
35.00
Averages
38.88
High
45.00
Current: 44.220
Low
35.00
Averages
38.88
High
45.00
About GFS
GlobalFoundries Inc. is a semiconductor manufacturer. The Company offers a range of mainstream wafer fabrication services and technologies. It manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. Its specialized foundry manufacturing processes include a library consisting of qualified circuit-building block designs (known as IP titles or IP blocks), and advanced transistor and device technology. The Company's differentiated technology platforms include radio frequency (RF) silicon-on-insulator (SOI), Fin Field-Effect Transistor (FinFET), FDX, Complementary Metal-Oxide Semiconductor (CMOS), Silicon Germanium (SiGe), Gallium Nitride (GaN), Bipolar-CMOS-DMOS (BCD), and Silicon Photonics (SiPh).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
