Recent Research Analysts’ Ratings Changes for GlobalFoundries (GFS)

A number of research firms have changed their ratings and price targets for GlobalFoundries (NASDAQ: GFS):

• 5/6/2026 – GlobalFoundries had its price target raised by UBS Group AG from $65.00 to $77.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – GlobalFoundries had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $65.00 price target on the stock.
• 5/6/2026 – GlobalFoundries was given a new $100.00 price target by Robert W. Baird.
• 5/6/2026 – GlobalFoundries had its price target raised by Citigroup Inc. from $49.00 to $70.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – GlobalFoundries had its price target raised by Morgan Stanley from $58.00 to $65.00. They now have an “equal weight” rating on the stock.
• 5/6/2026 – GlobalFoundries had its price target raised by JPMorgan Chase & Co. from $45.00 to $70.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – GlobalFoundries was upgraded by Susquehanna from “neutral” to “positive”. They now have a $100.00 price target on the stock, up from $50.00.
• 5/5/2026 – GlobalFoundries had its “neutral” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $70.00 price target on the stock.
• 5/5/2026 – GlobalFoundries had its price target raised by Needham & Company LLC from $55.00 to $80.00. They now have a “buy” rating on the stock.
• 5/4/2026 – GlobalFoundries was given a new $80.00 price target by Loop Capital.
• 5/4/2026 – GlobalFoundries was upgraded by Cantor Fitzgerald from “neutral” to “overweight”. They now have a $80.00 price target on the stock, up from $50.00.
• 5/4/2026 – GlobalFoundries was given a new $80.00 price target by Cantor Fitzgerald. They now have an “overweight” rating on the stock.
• 5/4/2026 – GlobalFoundries had its “neutral” rating reaffirmed by Wedbush. They now have a $50.00 price target on the stock.

Insider Buying and Selling

In other news, insider Michael James Hogan sold 2,300 shares of GlobalFoundries stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $60.69, for a total value of $139,587.00. Following the completion of the transaction, the insider owned 16,045 shares in the company, valued at $973,771.05. This trade represents a 12.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Glenda Dorchak sold 4,000 shares of the stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $58.46, for a total value of $233,840.00. Following the sale, the director directly owned 18,867 shares in the company, valued at $1,102,964.82. This trade represents a 17.49% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 15,200 shares of company stock valued at $801,067.

GlobalFoundries, Inc (NASDAQ: GFS) is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers. The company operates as a pure-play foundry, producing integrated circuits across a range of process technologies for customers in markets such as automotive, communications, consumer electronics, industrial, and aerospace. Its service offering spans process development, manufacturing, test and packaging support, and design enablement including process design kits (PDKs) and intellectual property (IP) libraries to help customers bring designs to production.

GlobalFoundries focuses on a portfolio of differentiated and specialty process nodes, offering technologies for radio-frequency (RF) and wireless, analog and mixed-signal, power management, embedded non-volatile memory, and silicon-on-insulator (SOI) process families.