VinFast-linked taxi operator GSM launches US service in Los Angeles
Ferroglobe PLC is rated a 'Buy' with a $5/share price target, reflecting its strategic Western silicon position and robust balance sheet. GSM benefits from geopolitical shifts, increased Western demand for strategic materials, and protective trade measures, positioning it for structural upside. Despite high cyclicality and electricity costs, GSM's low net debt and disciplined capital allocation provide resilience through commodity downcycles.
Vietnamese electric taxi operator Green and Smart Mobility (GSM), a partner of VinFast , the country's largest carmaker, plans to expand into the U.S. and Europe ahead of a targeted 2028 initial public offering in Hong Kong, the company said.
Ferroglobe NASDAQ: GSM is pursuing expansion into critical materials, cost reductions and potential production growth in Venezuela as it navigates weak market conditions in Europe and competitive pressure from imports, Vice President of Investor Relations Alex Rotonen said during a company presentation.
Ferroglobe PLC (GSM) Q2 2026 Earnings Call Transcript
Ferroglobe NASDAQ: GSM reported higher shipments, revenue, adjusted EBITDA and free cash flow in the second quarter of 2026, as increased silicon metal volumes and stronger fixed-cost absorption helped offset continued pricing pressure from imports.
Globe Specialty Metals (GSM) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.08 per share a year ago.
Ferroglobe PLC (GSM) Q1 2026 Earnings Call Transcript
Globe Specialty Metals (GSM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Globe Specialty Metals (GSM) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to earnings of $0.03 per share a year ago.
Ferroglobe is positioned for a margin-driven recovery, leveraging cost reductions and upcoming trade barriers to expand its competitive moat. Despite a 19.4% sequential sales decline, GSM improved margins and maintained strong liquidity, with net debt nearly eliminated and continued shareholder returns. Imminent US/EU trade duties are expected to eliminate dumped imports, creating a volume void GSM is uniquely positioned to fill at higher pricing.
Vietnamese electric-vehicle taxi operator GSM, part of the Vingroup stable of companies, plans to list in Hong Kong in what could be the first IPO in the city by a firm from the Southeast Asian nation, two sources said.