Fintel reports that on May 6, 2026, Susquehanna upgraded their outlook for GLOBALFOUNDRIES (NasdaqGS:GFS) from Neutral to Positive.
Analyst Price Forecast Suggests 28.14% Downside
As of April 28, 2026, the average one-year price target for GLOBALFOUNDRIES is $51.99/share. The forecasts range from a low of $37.37 to a high of $63.00. The average price target represents a decrease of 28.14% from its latest reported closing price of $72.35 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for GLOBALFOUNDRIES is 11,154MM, an increase of 63.07%. The projected annual non-GAAP EPS is 3.42.
What is the Fund Sentiment?
There are 328 funds or institutions reporting positions in GLOBALFOUNDRIES. This is an decrease of 168 owner(s) or 33.87% in the last quarter. Average portfolio weight of all funds dedicated to GFS is 0.34%, an increase of 25.26%. Total shares owned by institutions decreased in the last three months by 0.97% to 559,953K shares. 
The put/call ratio of GFS is 0.43, indicating a bullish outlook.
What are Other Shareholders Doing?
Mubadala Investment Co PJSC holds 450,388K shares representing 80.94% ownership of the company. No change in the last quarter.
Slate Path Capital holds 4,856K shares representing 0.87% ownership of the company. In its prior filing, the firm reported owning 1,769K shares , representing an increase of 63.57%. The firm increased its portfolio allocation in GFS by 133.13% over the last quarter.
Aqr Capital Management holds 2,865K shares representing 0.51% ownership of the company. In its prior filing, the firm reported owning 2,608K shares , representing an increase of 8.98%. The firm decreased its portfolio allocation in GFS by 79.35% over the last quarter.
Bessemer Group holds 2,814K shares representing 0.51% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%. The firm increased its portfolio allocation in GFS by 1,389,689.60% over the last quarter.
Millennium Management holds 2,287K shares representing 0.41% ownership of the company. In its prior filing, the firm reported owning 934K shares , representing an increase of 59.15%. The firm increased its portfolio allocation in GFS by 135.03% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
