GlobalFoundries sees Q2 revenue, profit above estimates on stable chip demand
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 06 2025
0mins
Source: Reuters
GlobalFoundries Financial Outlook: GlobalFoundries forecasts second-quarter revenue and profit slightly above Wall Street estimates, indicating stable demand despite challenges in the auto and smartphone markets. The company expects net revenue of $1.68 billion and adjusted per-share profit of 36 cents.
Impact of Tariffs and Market Conditions: U.S. tariffs on foreign-made chips may benefit domestic manufacturers like GlobalFoundries, while the automotive segment shows growth. However, uncertainty surrounding the CHIPS Act and declining smartphone demand pose risks to the semiconductor industry.
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: 45.005
Low
35.00
Averages
38.88
High
45.00
Current: 45.005
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.
