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How to Buy Globalfoundries Stock

Globalfoundries Inc

GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. It manufactures integrated circuits, which enable various electronic devices that are pervasive.

Globalfoundries stock last closed at $63.25, down 2.38% from the previous day, and has increased 28.19% in one year. It has overperformed other stocks in the Semiconductors industry by 0.36 percentage points. Globalfoundries stock is currently +71.83% from its 52-week low of $36.81, and -20.43% from its 52-week high of $79.49.

As of Feb 3, 2023, there are 545.07M GFS shares outstanding. The market value of GFS is $34.48B. In the last 24 hours, 1.7M GFS shares were traded.

How to Buy Globalfoundries Stock

Not sure how to invest in Globalfoundries stock? Here's how.
  1. Decide where to buy Globalfoundries stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Globalfoundries stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your payment method and add your information.
  4. Evaluate Globalfoundries stock: The Globalfoundries ticker symbol is GFS. Is Globalfoundries stock a good investment? Should you buy shares of GFS? How do GFS's underlying business fundamentals look? Do top analysts think Globalfoundries is a good buy? Why has GFS's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if GFS is a good stock to buy).
  5. Make your GFS trade: Decide if you will purchase GFS shares at the current market price or use a limit order to buy GFS stock at a particular price.
  6. Monitor your GFS investment: Create a watchlist to keep track of your new investment in Globalfoundries stock.

Step 1: Decide where to buy Globalfoundries stock

You will need an online brokerage account to access the NASDAQ market and buy GFS shares.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal info so you are able to invest in GFS stock today.

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  1. Click here to get started.
  2. Enter your personal info to start your new brokerage account.
  1. Send your info by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have opened your account on apps for stock market, you can securely and quickly fund your account:

Check out the walkthrough below to see the process of depositing funds into your brokerage account.

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Step 4: Evaluate Globalfoundries stock

Once you have figured out the best place to buy Globalfoundries stock, it's critical to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.

Globalfoundries Metrics

GFS Price
$63.25
1w %
6.77%
1y %
28.19%
5y %
N/A
P/E
40.81x
P/B
3.81x
P/S
4.37x
PEG
0.54x
Revenue
$7.85B
Earnings
$822.29M
Fore. Rev. Growth
7.02%
Fore. Earn. Growth
93.98%
Market Cap
$34.48B
Next Earnings
Feb 14, 2023
Next Dividend
N/A

GFS Overview

WallStreetZen was designed to help average investors perform more in-depth fundamental analysis.

You can see all of the due diligence checks on GFS's stock page.

Is GFS stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge GFS's fair value.

Using relative valuations methods:

  • GFS could be overvalued based on its P/E ratio of 40.81x, relative to Semiconductors industry P/E ratio of 30.14x
  • GFS may be undervalued based on its P/B ratio of 3.81x, relative to Semiconductors industry P/B ratio of 4.68x
  • GFS could be undervalued based on its PEG ratio of 0.54x

You can access more valuation analysis on GFS's stock here.

GFS Financial Summary

Pros:

  • GFS profit margin has gone up from -14.1% to 10.5% in the past year.
  • There are more short-term assets than long-term liabilities on the GFS balance sheet.
  • GFS's operating cash flow of $3.28B allows it to safely service it's debt of $2.60B.
  • GFS earnings of $1.01B is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the GFS balance sheet.

Cons:

  • GFS has a relatively high debt to equity ratio of 0.9.

Do analysts think it's a good time to buy Globalfoundries stock

Out of 8 sell side analysts who give recommendations on GFS, the consensus analyst rating on Globalfoundries is a Strong Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

Latest GFS Analyst Forecasts

Charles Park, a top 47% analyst from Loop Capital initiates coverage on GFS with a strong buy rating and announces their GFS price target of $70.00, on Jan 24, 2023.

Chris Caso, a top 1% analyst from Credit Suisse assumes GFS with a buy rating and announces their GFS price target of $78.00, on Nov 16, 2022.

Rajvindra Gill, a top 1% analyst from Needham maintains GFS with a buy rating and raises their GFS price target from $68.00 to $72.00, on Nov 9, 2022.

Ross Seymore, a top 4% analyst from Deutsche Bank maintains GFS with a strong buy rating and lowers their GFS price target from $65.00 to $60.00, on Oct 18, 2022.

Christopher Danely, a top 6% analyst from Citigroup maintains GFS with a strong buy rating and lowers their GFS price target from $70.00 to $67.00, on Aug 10, 2022.

You can dive deeper into what analysts are projecting on the Globalfoundries stock forecast page.

GFS Trading Indicators

SMA10
60.38
SMA20
58.55
SMA50
59.45
SMA100
57.76
SMA200
55.31
MACD
1.3
MACD Signal
0.49
MACD Histogram
0.82
RSI
60.9
Stochastic %K
89.5
Stochastic %D
84.97
StochRSI %K
92.11
StochRSI %D
83.65

GFS Earnings

Last year, GFS revenue was $7.85B. During the past 1 years, GFS's revenue has increased by 35.41% per year. This was faster than the Semiconductors industry average of 16.88%.

Learn more about GFS's earnings and revenue performance here.

What are GFS executives and large shareholders up to?

In the last 12 months, insiders at GFS have not bought or sold any shares.

Dig into more about who owns GFS shares here.

Does GFS stock generate passive income?

No, Globalfoundries doesn't provide an income stream by paying out dividends.

What do other investors have to say about GFS?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your GFS trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given price, use a limit order.

Click the Open Trade button and your broker will execute the order.

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Step 6: Monitor your GFS investment

Now that you own some GFS shares, you'll want to keep up with your new company.

Start a watchlist to keep tabs on your GFS stock.

GFS Feed

How to Buy Stock in Globalfoundries

To summarize, here are the 6 steps for buying Globalfoundries stock:

  1. Decide where to buy Globalfoundries stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Evaluate Globalfoundries stock
  5. Make your GFS trade
  6. Monitor your GFS investment

If you require a brokerage, eToro is our favorite option.

Get Started with eToro Today

If you want to keep tabs on your new investment in Globalfoundries, create your watchlist below.

NASDAQ: GFS
$63.25-1.54 (-2.38%)
Updated Feb 3, 2023
Open eToro Account
NASDAQ: GFS
$63.25-1.54 (-2.38%)
Updated Feb 3, 2023
Open eToro Account

FAQ

How much does it cost to buy one Globalfoundries share?

As of Feb 3, 2023, it costs $63.25 to buy one share of Globalfoundries stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.158 shares of GFS.

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Is now a good time to buy Globalfoundries stock?

According to 8 Wall Street analysts who monitor Globalfoundries, their consensus recommendation is to buy Globalfoundries stock.

What is the best way to buy Globalfoundries stock?

One way to place an order for Globalfoundries stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.