GlobalFoundries (NASDAQ:GFS) Updates Q2 2026 Earnings Guidance

GlobalFoundries (NASDAQ:GFS) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.250-0.350 for the period, compared to the consensus earnings per share estimate of 0.390. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Robert W. Baird set a $100.00 target price on GlobalFoundries in a report on Wednesday. JPMorgan Chase & Co. lifted their price objective on GlobalFoundries from $45.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday. The Goldman Sachs Group reiterated a “neutral” rating and issued a $70.00 price objective on shares of GlobalFoundries in a research note on Tuesday. Loop Capital set a $80.00 price objective on GlobalFoundries in a research note on Monday. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $65.00 price objective on shares of GlobalFoundries in a research note on Wednesday. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $66.06.

GlobalFoundries Stock Performance

Shares of GlobalFoundries stock traded down $1.37 during trading on Thursday, reaching $70.93. The company’s stock had a trading volume of 8,990,173 shares, compared to its average volume of 4,139,219. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.95 and a current ratio of 2.62. The business’s fifty day moving average price is $49.79 and its 200-day moving average price is $42.63. The firm has a market cap of $39.47 billion, a price-to-earnings ratio of 51.03, a price-to-earnings-growth ratio of 2.92 and a beta of 1.71. GlobalFoundries has a one year low of $31.51 and a one year high of $76.37.

GlobalFoundries (NASDAQ:GFS) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period in the previous year, the company posted $0.34 earnings per share. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, equities research analysts predict that GlobalFoundries will post 1.37 earnings per share for the current year.

Insider Transactions at GlobalFoundries

In other news, insider Michael James Hogan sold 500 shares of GlobalFoundries stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $70.00, for a total transaction of $35,000.00. Following the sale, the insider owned 15,395 shares of the company’s stock, valued at approximately $1,077,650. This trade represents a 3.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Glenda Dorchak sold 4,000 shares of GlobalFoundries stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $58.46, for a total value of $233,840.00. Following the sale, the director directly owned 18,867 shares in the company, valued at $1,102,964.82. The trade was a 17.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 15,700 shares of company stock valued at $836,067.

Key Headlines Impacting GlobalFoundries

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: Board approved the company’s first-ever quarterly dividend ($0.12 per share) and a capital-allocation framework targeting up to 50% of trailing adjusted free cash flow returned to shareholders via dividends and buybacks — a clear shareholder-friendly move. GlobalFoundries Outlines Long-Term Growth Roadmap and Announces First-Ever Dividend at 2026 Investor Day
• Positive Sentiment: Management emphasized AI-centric growth opportunities and a technology roadmap aimed at scaling AI data-center and edge workloads — an important strategic signal given demand for differentiated specialty nodes. GlobalFoundries Announces Inaugural Dividend and Growth Strategies at 2026 Investor Day
• Positive Sentiment: Multiple analyst upgrades and price-target raises (notably Susquehanna to Positive with a $100 target and Needham boosting its target to $80) have supported sentiment and helped push the stock to recent highs. GlobalFoundries (NASDAQ:GFS) Upgraded by Susquehanna to Positive Rating
• Neutral Sentiment: Company beat Q1 EPS estimates and provided Q2 guidance that topped expectations — a fundamental positive but already priced in after recent gains. GlobalFoundries rises after Q2 outlook beat
• Neutral Sentiment: Insider sale: Chief Business Officer Michael Hogan sold 500 shares under a pre-arranged Rule 10b5?1 plan — disclosed but labeled a planned trade, so limited informational significance. Michael James Hogan insider sale filing
• Negative Sentiment: Profit-taking and rotation after the stock hit fresh 52?week highs following upgrades — elevated volume today suggests investors are locking gains after the recent run. GlobalFoundries Hits New 52-Week High Following Analyst Upgrade
• Negative Sentiment: Valuation and execution risk: GFS trades at a high multiple (P/E ~51) and the company’s release includes broad forward?looking cautionary language — some investors may prefer to see sustained proof of margin expansion and cash generation before pushing the valuation higher.

Institutional Trading of GlobalFoundries

Institutional investors have recently modified their holdings of the company. Atlas Capital Advisors Inc. acquired a new stake in shares of GlobalFoundries during the 4th quarter worth approximately $35,000. Advisory Services Network LLC bought a new stake in shares of GlobalFoundries in the 3rd quarter worth about $53,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of GlobalFoundries by 431.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,782 shares of the company’s stock worth $62,000 after purchasing an additional 1,447 shares during the last quarter. Quarry LP grew its holdings in shares of GlobalFoundries by 315.9% in the 4th quarter. Quarry LP now owns 1,859 shares of the company’s stock worth $65,000 after purchasing an additional 1,412 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of GlobalFoundries in the 4th quarter worth about $67,000.

About GlobalFoundries

GlobalFoundries, Inc (NASDAQ: GFS) is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers. The company operates as a pure-play foundry, producing integrated circuits across a range of process technologies for customers in markets such as automotive, communications, consumer electronics, industrial, and aerospace. Its service offering spans process development, manufacturing, test and packaging support, and design enablement including process design kits (PDKs) and intellectual property (IP) libraries to help customers bring designs to production.

GlobalFoundries focuses on a portfolio of differentiated and specialty process nodes, offering technologies for radio-frequency (RF) and wireless, analog and mixed-signal, power management, embedded non-volatile memory, and silicon-on-insulator (SOI) process families.