Wedbush keeps USD 72.00 target for GlobalFoundries stock

Published on 10/15/2026 at 20:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GlobalFoundries reports on November 4, 2026. GlobalFoundries stock costs EUR 42.44 on October 15, 2026 at 8:16 p.m. CEST before results.

Analyst view and trading date

Wedbush maintained a USD 72.00 target for GlobalFoundries on October 15, 2026, implying 50.82 percent above the Nasdaq price.
GlobalFoundries is scheduled to report third-quarter results on November 4, 2026.
GlobalFoundries stock costs EUR 42.44 at Lang & Schwarz on October 15, 2026 at 8:16 p.m. CEST.
GlobalFoundries carries a P/E ratio of 37.38 and a USD 26.2 billion market capitalization.

GFS, KYG393871085, Illustration mit AI erstellt.

Wedbush kept a USD 72.00 price target for GlobalFoundries on October 15, 2026, while the Nasdaq quote stood at USD 47.74, putting the target 50.82 percent above the stock price, according to MarketBeat. The German-market indication was EUR 42.44 at Lang & Schwarz on October 15, 2026 at 8:16 p.m. CEST.

Wedbush target leaves 50.82 percent upside

The Wedbush note retained a Neutral rating alongside the USD 72.00 target. That target is materially above the USD 47.74 Nasdaq quote at 2:24 p.m. ET on October 15, 2026, giving investors a clear gap between the latest U.S. price and the analyst view.

The wider analyst picture remains mixed. The MarketBeat report lists eight Buy ratings, ten Hold ratings and two Sell ratings, while its average target is USD 75.79. These figures put the Wedbush target below the reported average, even though both remain above the latest Nasdaq price.

The 52-week range sets the frame

GlobalFoundries traded between USD 32.02 and USD 92.55 over the 52 weeks through October 15, 2026. The USD 47.74 Nasdaq quote was 48.42 percent below the period high and 49.09 percent above the period low. The stock therefore sits in the lower half of its annual range, a placement that makes the target distance more important than the headline price alone.

On October 14, 2026, GlobalFoundries had announced that it was selected to operate two new semiconductor fabs in New York under a U.S.-Japan initiative, according to GlobalFoundries. That announcement is part of the background for the current market discussion, but the analyst target remains the key dated valuation point here.

Valuation and November 4 results

GlobalFoundries had a market capitalization of USD 26.2 billion and a P/E ratio of 37.38 on October 15, 2026. Its trailing dividend yield was 0.01 percent. The company is scheduled to release third-quarter 2026 results on November 4, 2026, with the conference call set for 8:30 a.m. ET, according to GlobalFoundries.

Comparison with peers

GlobalFoundries (Nasdaq, USD): P/E 37.38, market capitalization USD 26.2 billion.
Advanced Micro Devices (Nasdaq, USD): minus 3.40 percent, P/E 141.39, market capitalization USD 900.2 billion.
Taiwan Semiconductor Manufacturing Company (NYSE, USD): minus 2.77 percent, P/E 28.28, market capitalization USD 2.2 trillion.

Price and investor perspective

At Lang & Schwarz, GlobalFoundries stock stood at EUR 42.44 on October 15, 2026 at 8:16 p.m. CEST. The Nasdaq quote was USD 47.74 on October 15, 2026 at 2:24 p.m. ET, while the 52-week range extended to USD 92.55 on the upside.

The further course of trading is shown by the continuously updated real-time quote of GlobalFoundries stock.