GlobalFoundries ( GFS ) breathed optimism into the market following its robust Q4’25 earnings release. GFS shares were rewarded with a 16.32% price return following the earnings release, reinvigorating growth that is reflective of the long-term outlook.Monte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with expertise in the technology, energy, industrials, and materials sectors. Prior to working in the investment management industry, Michael spent over a decade in professi ...

经济观察网格芯(GFS)在2025财年第四季度业绩表现稳健，结构持续优化。根据明哥价值分析于2026年2 月11日发布的报告，以下是主要亮点。 营收：单季营收达18.3亿美元，环比增长8.4%，超出公司指引上限，但同比小幅下降1.1%。盈利能力： 非IFRS毛利率提升至28.7%，环比增长2.7个百分点，创季度新高；每股收益(EPS)为0.47美元，达到指 引上限。现金流：经营现金流3.2亿美元，自由现金流1.9亿美元，支撑资本开支与研发投入。 业务进展情况 高增长赛道放量：汽车电子业务营收占比达19%，同比增长12%；通信基础设施与物理AI(如硅光子)需 求强劲，硅光子业务长期目标年收入10亿美元。移动业务拖累收窄：移动业务营收占比降至38%，对整 体业绩的负面影响减弱。特色工艺占比提升：高毛利工艺收入占比升至32%，推动毛利率改善。 公司预计2026财年第一季度营收为18.5亿-19.0亿美元，环比增长1.1%-3.8%；全年营收同比增速指引为 5%-7%。 业绩经营情况 以上内容基于公开资料整理，不构成投资建议。 战略推进 产能利用率维持高位：全球产能利用率超过95%，美国纽约和德国德累斯顿工厂扩产推进 ...

Core Viewpoint - GlobalFoundries is hosting a webinar on March 10, 2026, to provide updates on its business, technical advancements, and strategic direction in Silicon Photonics and Advanced Packaging [1][2]. Group 1: Webinar Details - The webinar will take place at 4:30 p.m. ET and will include presentations followed by a Q&A session [1][3]. - Interested participants can register for the conference call and access the webcast on GlobalFoundries' Investor Relations website [3]. Group 2: Company Overview - GlobalFoundries is a leading semiconductor manufacturer, focusing on delivering power-efficient and high-performance products for various high-growth markets, including automotive and IoT [4]. - The company operates globally with manufacturing facilities in the U.S., Europe, and Asia, emphasizing security, longevity, and sustainability in its operations [4].

We recently published 10 Stocks Turning Heads With Double-Digit Returns. Globalfoundries Inc. (NASDAQ:GFS) was one of the best performers on Wednesday. Globalfoundries jumped to an over one-year high on Wednesday, as investors gobbled up shares after the company swung to profitability last year, marking a 439 percent improvement year-on-year. In an earnings call, Globalfoundries Inc. (NASDAQ:GFS) said that it swung to a net income of $888 million in 2025 from a $262 million net loss in 2024. This came d ...

James Schneider from Goldman Sachs set a price target of $46 for GlobalFoundries Inc. (NASDAQ:GFS), indicating a slight undervaluation based on the current trading price.The company's stock price has seen a significant increase of 16.32%, reflecting positive market response to its Q4 2025 earnings call and future outlook.GlobalFoundries exhibits high trading volume and market capitalization, emphasizing its strong presence and investor interest in the semiconductor industry.GlobalFoundries Inc. (NASDAQ:GFS) ...

Key Insights:Goldman Sachs maintains a Neutral rating on GlobalFoundries Inc. (NASDAQ:GFS), raising its price target from $40 to $46.GlobalFoundries reported Q4 2025 earnings of $0.55 per share, surpassing the Zacks Consensus Estimate by 16.4%.The company achieved a full-year 2025 revenue of $6.791 billion and ended the quarter with $4 billion in cash and marketable securities.GlobalFoundries Inc. (NASDAQ:GFS) is a prominent player in the semiconductor industry, known for its advanced manufacturing capabili ...

经济观察网格芯(GFS.US)2025年第三季度财报显示，公司营收与盈利均超市场预期，汽车、通信等核 心业务增长强劲，现金流充裕，并对第四季度业绩给出乐观指引。 业绩经营情况 第三季度营收为16.88亿美元，虽同比下降2.9%，但超出华尔街预期约1000万美元。非GAAP每股收益 为0.41美元，高于市场预期0.03美元；净利润达2.48亿美元，同比增长40.1%。调整后毛利率提升至 26%，同比和环比均实现增长，主要得益于产品组合优化及高附加值订单占比提升。 业务进展情况 管理层预计第四季度营收为18亿美元(±2500万美元)，调整后每股收益0.47美元(±0.05美元)，毛利率预计 提升至28.5%。这一指引符合或略高于市场预期。需关注传统处理器需求不均衡、智能手机与IoT市场 疲软、行业竞争加剧及产能扩张带来的资本支出压力。 以上内容基于公开资料整理，不构成投资建议。 财务状况 期末现金、现金等价物及有价证券达42亿美元。经营活动现金流为5.95亿美元，自由现金流为4.06亿美 元，反映运营效率稳健。 公司项目推进 计划投资11亿欧元扩建德国德累斯顿工厂，目标2028年底年产能超100万片晶圆；同时在美 ...

分组1 - GlobalFoundries Inc. reported quarterly earnings of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.47 per share, and showing an increase from $0.46 per share a year ago, resulting in an earnings surprise of +16.40% [1] - The company achieved revenues of $1.83 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.56%, with year-ago revenues also at $1.83 billion [2] - GlobalFoundries has consistently outperformed consensus EPS and revenue estimates over the last four quarters, indicating strong operational performance [2] 分组2 - The stock has gained approximately 20% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.4% [3] - The company's earnings outlook is crucial for future stock performance, with current consensus EPS estimates at $0.36 for the coming quarter and $1.85 for the current fiscal year [4][7] - The Zacks Industry Rank places Electronics - Semiconductors in the top 36% of over 250 Zacks industries, suggesting a favorable industry outlook that could positively impact stock performance [8]

Financial Data and Key Metrics Changes - GlobalFoundries reported fourth quarter revenue of $1.83 billion, an 8% sequential increase and flat year-over-year [28] - Full year revenue reached approximately $6.791 billion, up 1% year-over-year [28] - Gross profit for the fourth quarter was $530 million, translating to a gross margin of approximately 29%, up 300 basis points sequentially and 360 basis points year-over-year [34] - Full year gross margin was 26.1%, an increase of 80 basis points year-over-year [34] - Net income for the fourth quarter was approximately $310 million, resulting in diluted earnings of $0.55 per share [35] Business Line Data and Key Metrics Changes - Smart mobile devices accounted for approximately 36% of fourth quarter revenue, with a 13% sequential decline and 11% year-over-year decrease [29] - Automotive represented approximately 23% of fourth quarter revenue, with a 40% sequential increase and 3% year-over-year growth [31] - Home and industrial IoT made up approximately 17% of fourth quarter revenue, with a 17% sequential increase but a 15% year-over-year decline [31] - Communications infrastructure and data center contributed approximately 12% of fourth quarter revenue, with a 29% sequential increase and 32% year-over-year growth [32] Market Data and Key Metrics Changes - Automotive revenue grew approximately 17% year-over-year to a record $1.4 billion [31] - Communications infrastructure and data center revenue grew 29% year-over-year, driven by strong momentum in optical networking and silicon photonics [32] - Satellite communications revenue exceeded $100 million in 2025, marking significant growth [32] Company Strategy and Development Direction - GlobalFoundries is focusing on three core pillars: technology differentiation, deep customer partnerships, and leveraging a diversified geographical footprint [7] - The company aims to reach a $1 billion run-rate revenue for silicon photonics by the end of 2028, driven by strong customer demand and recent acquisitions [15] - Significant investments include $16 billion in the U.S. and EUR 1.1 billion in the Dresden facility to expand manufacturing capabilities [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about long-term potential, citing record design win momentum and a clear path towards a richer mix of business [25] - The company is well-positioned to capitalize on megatrends such as AI data centers and the need for resilient semiconductor supply chains [11] - Management expects to achieve over 30% year-on-year revenue growth in communications infrastructure and data center for 2026 [25] Other Important Information - The board of directors authorized a share repurchase of up to $500 million, reflecting confidence in the company's financial position [37] - The company expects total revenue for the first quarter of 2026 to be $1.625 billion, with gross margin around 27% [38] Q&A Session Summary Question: Strategy for silicon photonics and differentiation - Management highlighted the strong demand for silicon photonics as a critical enabler for AI data centers, supported by acquisitions like AMF and InfiniLink [47][49] Question: Strategy with quantum computing - Management expressed excitement about quantum computing, emphasizing partnerships across various modalities to build scalable systems [52][54] Question: Supply side tightness and CapEx - Management noted strong demand in differentiated technology areas and emphasized capital efficiency in investments [58][60] Question: Margin structure and OpEx intensity - Management discussed the positive impact of a diversified portfolio on margins and the expected increase in OpEx due to strategic investments [63][66] Question: Synergies between recent acquisitions - Management confirmed synergies between photonics-oriented acquisitions and the broader portfolio, enhancing customer engagement and technology offerings [72][74]

Financial Data and Key Metrics Changes - GlobalFoundries reported fourth quarter revenue of $1.83 billion, an 8% sequential increase and flat year-over-year [28] - Full year revenue reached approximately $6.791 billion, up 1% year-over-year [28] - Gross profit for the fourth quarter was $530 million, translating to a gross margin of approximately 29%, up 300 basis points sequentially and 360 basis points year-over-year [34] - Full year gross margin was 26.1%, an increase of 80 basis points year-over-year [34] - Net income for the fourth quarter was approximately $310 million, resulting in diluted earnings of $0.55 per share [35] Business Line Data and Key Metrics Changes - Smart mobile devices accounted for approximately 36% of fourth quarter revenue, with a 13% sequential decline and an 11% year-over-year decrease [29] - Automotive revenue represented approximately 23% of fourth quarter revenue, increasing 40% sequentially and 3% year-over-year, with full-year revenue growing 17% to a record $1.4 billion [30][31] - Home and industrial IoT represented approximately 17% of fourth quarter revenue, with a 17% sequential increase but a 15% year-over-year decrease [31] - Communications infrastructure and data center revenue grew 29% year-over-year, marking a notable return to growth, with fourth quarter revenue increasing 32% year-over-year [32] Market Data and Key Metrics Changes - The automotive market has seen significant growth, with over 50% more design wins compared to the previous year [20] - Communications infrastructure and data center markets are expected to achieve over 30% year-on-year revenue growth in 2026 [25] - The company expects to reach a $1 billion run-rate revenue level for silicon photonics by the end of 2028, driven by strong customer demand [15] Company Strategy and Development Direction - GlobalFoundries is focusing on three core pillars: technology differentiation, deep customer partnerships, and leveraging a diversified geographical footprint [7] - The company made significant acquisitions in 2025, including AMF and InfiniLink, to enhance its technology differentiation in silicon photonics [7][8] - A commitment to invest $16 billion in the U.S. and EUR 1.1 billion in the Dresden facility to expand manufacturing capabilities [10][11] - The company aims to capitalize on megatrends such as AI data centers, physical AI, and the need for diversified semiconductor supply [11][17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term potential, citing record design win momentum and a strong customer engagement pipeline [25][26] - The company anticipates continued growth driven by the scaling of AI data centers and the proliferation of AI into various applications [12][19] - Management highlighted the importance of addressing bottlenecks in networking and power for the continued scaling of AI [12] Other Important Information - The board of directors authorized a share repurchase of up to $500 million, reflecting confidence in the company's financial position [37] - The company expects total revenue for the first quarter of 2026 to be approximately $1.625 billion, with gross margin around 27% [38][39] Q&A Session Summary Question: Strategy for silicon photonics and differentiation - Management highlighted the strong demand for silicon photonics as a critical enabler for AI data centers, emphasizing their robust process technology and global manufacturing footprint [49][50] Question: Strategy regarding quantum computing - Management expressed excitement about quantum computing, noting partnerships across various modalities and the importance of high-volume manufacturing [54][55] Question: Supply side tightness and CapEx - Management noted strong demand in differentiated technology areas and emphasized capital efficiency in investments, supported by government grants [60][61] Question: Margin structure and OpEx intensity - Management discussed the positive impact of a diversified portfolio on margins and the expected increase in OpEx due to strategic investments in R&D and new technologies [66][68] Question: Synergies between recent acquisitions - Management confirmed synergies between photonics-oriented acquisitions and the broader portfolio, enhancing customer engagement and technology offerings [74]