UBS Raises its Price Target on GLOBALFOUNDRIES Inc. (GFS) to $50 and Maintains a Neutral Rating

GLOBALFOUNDRIES Inc. (NASDAQ:GFS) is among the 12 Best Tech Stocks that Beat Earnings Estimates.

On February 12, 2026, UBS raised its price target on GLOBALFOUNDRIES Inc. (NASDAQ:GFS) to $50 from $45 and maintained a Neutral rating. UBS said 2026 is likely to be a transition year as the company’s end-market exposure shifts.

Also on February 12, 2026, TD Cowen analyst Krish Sankar raised his price target to $56 from $42 and kept a Buy rating, citing upside in the December quarter results and positive CY26 commentary driven by momentum in Comm/DC, Def/Aero, and Auto, partly offset by known mobile softness. Baird analyst Tristan Gerra raised his price target the same day to $60 from $40 and maintained an Outperform rating, updating his model and describing the stock as a value play on the ongoing upcycle with improving fundamentals.

UBS Raises its Price Target on GLOBALFOUNDRIES Inc. (GFS) to $50 and Maintains a Neutral Rating

Photo by Yogesh Phuyal on Unsplash

On February 11, 2026, GlobalFoundries reported Q4 EPS of 55c versus consensus of 47c and Q4 revenue of $1.83B versus consensus of $1.8B. CEO Tim Breen said, “GF delivered a strong fourth quarter,” with revenue, gross margin, operating margin, and earnings per share at or above the high end of guidance ranges. He added that Non-IFRS gross margin expanded by nearly 400 basis points year-over-year and said recent acquisitions are expanding the company’s capabilities as it serves AI Data Center, Physical AI, and on-shoring megatrends.

GLOBALFOUNDRIES Inc. (NASDAQ:GFS) is a semiconductor foundry providing mainstream wafer fabrication services and technologies worldwide.

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