GlobalFoundries (NASDAQ:GFS) Updates Q3 2025 Earnings Guidance

Market Beat
2025.08.06 18:00
portai
I'm PortAI, I can summarize articles.

GlobalFoundries (NASDAQ:GFS) has updated its Q3 2025 earnings guidance, projecting EPS between 0.330-0.430, slightly below the consensus estimate of 0.408. Revenue guidance is set at $1.7 billion, compared to the consensus of $1.8 billion. Following the announcement, shares fell 9.1% to $32.87. The company reported a P/E ratio of -96.50 and a market cap of $18.17 billion. Analysts maintain a "Moderate Buy" rating with a consensus target price of $47.92.