GLOBALFOUNDRIES Inc. (GFS) Stock

GLOBALFOUNDRIES Inc. (GFS) is a Technology stock trading at $45.97 (as of 2026-08-24), with a market capitalization of $27.49B and a trailing P/E of 31.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

GLOBALFOUNDRIES Inc. is a semiconductor foundry that manufactures integrated circuits and a range of semiconductor devices, including microprocessors, mobile and baseband processors, network and radio frequency processors, microcontrollers, power management units, and MEMS. It also provides mainstream wafer fabrication services and technologies for customers in the semiconductor supply chain.

Understand GLOBALFOUNDRIES Inc.: how it makes money

GLOBALFOUNDRIES manufactures many types of integrated circuits for electronics makers and makes money by charging customers for semiconductor wafer fabrication services.

Its profit model depends on turning wafer-fabrication capacity into customer revenue, making factory productivity, pricing, and ramp execution central to margins.

Business quality (Mixed): Mixed: revenue grew 1% YoY, while gross margin was 25% and operating margin was 12%, indicating a profitable but modest-growth business.

Valuation: At 31× earnings, GFS trades 19% below the Semiconductors average (38×).

Bull case

Photonics could unlock growth: Management says silicon photonics revenue is expected to more than double, potentially creating a faster-growing business line and a new source of company growth.
Specialty demand has visibility: Management says silicon germanium demand is oversubscribed, supporting visibility for this specialty product line and potentially improving confidence in future capacity use.
Capital returns may add value: Management targets up to 50% of trailing adjusted free cash flow returned over time, which could add shareholder value if cash generation improves and the target is achieved.

Bear case

Handset weakness can spread: Management says mobile weakness reflects industrywide handset forecast reductions, so handset-linked demand could weigh on revenue even if other end markets hold up.
Cash flow is currently negative: Q2 adjusted free cash flow was negative $3 million, showing that current operations and investment are not yet converting into positive quarterly cash generation.
Investment may pressure margins: Operating expenses increased 16% sequentially as investment accelerates, raising the risk that near-term operating leverage weakens before new growth contributes.

Valuation — source: SEC EDGAR (first-party)
Price	$45.97
Market Cap	$27.49B
P/E Ratio	31.0
EV / EBITDA	13.6
Price / Book	2.29
Price / Sales	4.05
DCF Value (model)	$9.29
DCF Upside vs Price	-79.8%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$6.79B
Net Margin	13.1%
Return on Equity	7.4%
Debt / Equity	0.09
Current Ratio	2.62
Revenue Growth (YoY)	0.6%
EPS Growth (YoY)	-431.3%

Financial Health — source: SEC EDGAR
Piotroski F-Score	7/9 (strong)

Valuation vs Sector & Industry
Stock P/E	31.0
Sector P/E (Technology)	33.9
Industry P/E (Electronic Equipment)	38.8
vs Sector	-8.7%
vs Industry	-20.1%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	Mubadala Investment Co PJSC ($18.82B)
Institutional Holders Tracked	10
Congressional Trades (recent)	1

Company
Sector	Technology
Industry	Electronic Equipment
CEO	Timothy Graham Breen
Employees	13,000
Country	US
IPO Date	2021-10-28

Related Companies (Electronic Equipment; 8 comparable electronics makers)

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.