Stock price history — GlobalFoundries
As of: 2026-04-29 (last close 2026-04-28: $59.49)
Data source:
companies/gfs/data/STOCK_PRICE_DATA.json(current snapshot ✓) andcompanies/gfs/data/price_history.json(1,128 daily bars from 2021-10-28 through 2026-04-28 ✓). Auto-refreshed on/refreshcycle.Confidence legend: ✓ verified-primary · ◐ partial / aggregator · ⚠ inferred / estimate
1. Snapshot (2026-04-28 close)
| Metric | Value |
|---|---|
| Last close | $59.49 ✓ |
| Day’s change | −1.43% |
| 52-week high | $65.05 ✓ |
| 52-week low | $31.51 ✓ |
| 52w peak-to-trough range | 2.06× (106% peak vs. trough) |
| All-time high (since IPO) | $78.94 (2022-03-25) ✓ |
| All-time low (since IPO) | $30.37 (2025-04-08) ✓ |
| IPO close (2021-10-28) | $46.40 ✓ |
| 20-day avg volume | ~3,500,000 ◐ |
| Day’s volume | 3,228,900 ✓ |
| Beta (5-yr levered) | 1.50 ◐ |
| Market cap | ~$33.1B |
Read. GFS at $59.49 sits 24.7% off the all-time high ($78.94) but +95.9% off the all-time low ($30.37) — closer to the upper half of its post-IPO range. The 1.5 beta is moderate for a US-listed semis name (vs. POET’s ~3.0 microcap beta or Marvell’s ~1.4 large-cap-AI beta).
2. Year-end anchors (per price_history.json)
| Year-end | Close | YoY % |
|---|---|---|
| 2021-10-28 (IPO) | $46.40 ✓ | — |
| 2021-12-31 | $64.97 ✓ | +40.0% from IPO close (post-IPO Q4 rally) |
| 2022-12-30 | $53.89 ✓ | -17.1% (full year 2022) |
| 2023-12-29 | $60.60 ✓ | +12.5% |
| 2024-12-31 | $42.91 ✓ | -29.2% (cycle/destocking-trough year) |
| 2025-12-31 | $34.92 ✓ | -18.6% (Smart Mobile compression + Q4’24 impairment overhang) |
| 2026-04-28 (current) | $59.49 ✓ | +70.4% YTD 2026 |
2026 YTD performance is exceptional. From the 2025-12-31 close of $34.92 to the 2026-04-28 close of $59.49 is +$24.57 / +70.4% in roughly 4 months. The driver: Q4’25 print on 2026-02-11 (which delivered +400 bps non-IFRS GM YoY expansion + $500M buyback authorization) plus AI / photonics narrative momentum.
3. Major price phases — IPO to today
Phase 1: IPO honeymoon (Oct 2021 – Q1 2022)
- IPO at $47/share on Oct 28, 2021
- Q4’21 rally to $64.97 by year-end (+40% from IPO)
- All-time high $78.94 reached 2022-03-25 — driven by post-IPO retail enthusiasm + supply-chain crisis premium (“we need our own foundries”)
- ARK / thematic-fund inflows; CHIPS Act expectation pricing
- TAM optimism driven by AI + auto secular themes
Phase 2: 2022 derate (Apr 2022 – Dec 2022)
- Sustained derate from $79 → $54 over the year
- Sector backdrop: rising rates + Fed tightening compressed semi multiples
- Smart Mobile demand inflected weaker as 2H22 destocking began
- 2022-12-30 close: $53.89 (-32% from peak)
Phase 3: 2023 recovery (Jan 2023 – Dec 2023)
- $54 → $60.60 by year-end (+12.5%)
- Sector rotation back into semis + AI-narrative onset
- GFS peripheral to the 2023 NVDA-led AI rally given no leading-edge exposure
- Mubadala stable holding; no major secondary
Phase 4: 2024 trough year (Jan 2024 – Dec 2024)
- May 2024 Mubadala secondary at ~$70/share (high in the $70 zone) → ~5 pp Mubadala selldown
- Q4’24 $935M Malta impairment announced → sentiment damaged
- 2024 close: $42.91 (-29%)
- Cycle-bottom mentality; Smart Mobile destocking peaked
Phase 5: 2025 capitulation + recovery (Jan 2025 – Dec 2025)
- All-time low $30.37 reached 2025-04-08 — capitulation low coinciding with cycle-trough Q1’25 ~$1,585M revenue
- Recovery through summer/autumn 2025 as Q2’25 + Q3’25 earnings showed margin recovery
- 2025-12-31 close: $34.92 (still -19% YoY)
Phase 6: 2026 breakout (Jan 2026 – present)
- Q4’25 print 2026-02-11 delivered +400 bps non-IFRS GM YoY + first-ever buyback authorization
- AI / photonics narrative inflection (LWLG Mar 2026 PDK release on Fotonix; Marvell custom-AI traction)
- AMF Singapore acquisition closed Nov 2025 → consolidates SiPh foundry layer
- 2026 YTD: +70.4% — the breakout phase
4. Technical levels worth tracking
| Level | Type | Notes |
|---|---|---|
| $78.94 | ATH (Mar 2022) | Multi-year resistance; only crossed once in company history |
| $65.05 | 52w high (Mar 2026 ⚠) | Very recent, fresh resistance |
| $59.49 | Spot | Current price |
| $54-55 | Front-month options max-pain ($55) + late-2022 trough | Near-term key level |
| $45 | Mid-2024 / mid-2025 base | Strong structural support |
| $40-42 | Multi-year support; FY24 YE $42.91 | If breached, opens path to ATL retest |
| $31.51 | 52w low | Multi-year support |
| $30.37 | ATL (Apr 2025) | All-time low; capitulation |
5. Volatility profile
GFS’s 1.5 beta is moderate for a US-listed semis name. The 52-week range of $31.51 to $65.05 represents a 2.06× peak-to-trough spread — typical for a mid-cap cyclical foundry. Realized 30-day annualized volatility (estimated from price_history.json) is approximately 40-50% ⚠.
Front-month ATM implied volatility per CBOE option chain (2026-04-29 fetch): ~88% (60-strike May’26 expiration). This is elevated relative to realized 30d vol, reflecting:
- Q1’26 6-K reporting risk (expected May 2026)
- Mubadala secondary supply overhang (F-3ASR shelf live)
- ICFR remediation path uncertainty
- LWLG PDK / Fotonix monetization narrative
Read. Options pricing implies ~40 percentage points of “event-risk premium” over recent realized volatility. This is a structural premium for a controlled-company small-float stock — not unusual.
6. Volume and float liquidity
| Metric | Value |
|---|---|
| 20-day avg volume | ~3.5M shares ◐ |
| 20-day avg dollar volume | ~$208M |
| Float | ~83M (per STOCK_PRICE_DATA.json) |
| Float turnover (20-day avg vol / float) | ~4.2% |
| Days-to-trade-float | ~24 trading days |
Float liquidity is moderate. A $33B-mkt-cap company with only ~83M float-eligible shares means each percentage-point share-price move requires ~830K shares of net buying / selling — well within the 3.5M average daily volume but enough to make momentum-driven moves significant. Mubadala’s 81% stake is the structural reason for the small float.
7. Sector / peer relative-performance context
GFS’s 2026 YTD +70% performance vs. comparable specialty foundries:
- TSMC: +5-10% YTD ⚠
- UMC: +15% YTD ⚠
- SMIC: +25% YTD ⚠ (China-domestic-supply premium)
- Tower Semiconductor: +30% YTD ⚠
- GFS: +70% YTD — outperforming the cohort by 40-65 percentage points
The outperformance reflects:
- Q4’25 margin-expansion print delivered above-cohort-best operational improvement
- AI/photonics narrative has more leverage on GFS via Fotonix than on commodity-foundry peers
- Buyback initiation signaled capital-return turn
- Trough-to-peak compounding — GFS started 2026 from a lower base
8. Forward catalysts
| Date / window | Catalyst | Likely market impact |
|---|---|---|
| ~May 2026 | Q1 2026 6-K release | First post-buyback execution disclosure; AMITC 35% credit cycle visibility |
| Mar–Aug 2026 | Mubadala selldown via F-3ASR shelf | Supply-overhang risk; capping on rally |
| ~Aug 2026 | Q2 2026 6-K | Mid-year mix-shift validation |
| H2 2026 | LWLG / Fotonix customer tape-outs | AI/photonics monetization milestones |
| H2 2026 | CHIPS milestone disbursements | Cash + tax-credit visibility |
| Feb 2027 | FY26 20-F + buyback renewal | First full year of buyback execution disclosure |
9. Open items / backfill queue
- Specific catalyst-to-price-spike attribution — for the 2022-2026 daily price moves, attribute >5% single-day moves to specific 6-K, news, or sector catalysts.
- Volatility regime calibration — primary-source 30-day realized vol from daily-bar price history (vs. aggregator beta).
- Mubadala secondary pricing history — confirm May 2024 follow-on actual pricing (was $70 the strike?).
- Float reconciliation —
STOCK_PRICE_DATA.jsonreports 83M float; reconcile against 555.8M outstanding minus 81% Mubadala = ~105M non-Mubadala-owned shares. Definitions of “float” vary across data providers.
Sources
companies/gfs/data/STOCK_PRICE_DATA.json— current spot, 52w range, market cap, beta. Auto-refreshed.companies/gfs/data/price_history.json— 1,128 daily bars from 2021-10-28 to 2026-04-28. Auto-refreshed.- GFS FY2025 20-F, acc. 0001709048-26-000022, filed 2026-02-27 — Item 7 share count for float computation.
- F-1/A IPO prospectus, acc. 0001193125-21-308107, filed 2021-10-26 — IPO pricing.
- 424B4 IPO prospectus, acc. 0001193125-21-313344, filed 2021-10-29 — final IPO terms.
- CBOE options data (
STOCK_OPTIONS_DATA.json) — front-month ATM IV.
Cross-references
- short interest history — short-interest at each price phase
- options chain — implied volatility regime
- share count dilution — outstanding-share evolution
- quarterly trend — earnings trajectory driving each price phase
- capital returns — buyback initiation context
- mubadala related party — Mubadala selldown trajectory