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.

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.

While we acknowledge the potential of GFS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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