GlobalFoundries (GFS) Expected to Post Quarterly Earnings on Wednesday

GlobalFoundries (NASDAQ:GFS) is expected to issue its Q3 2026 results before the market opens on Wednesday, November 4th. Analysts expect GlobalFoundries to post earnings of $0.5110 per share and revenue of $1.89 billion for the quarter. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 8:30 AM ET.

GlobalFoundries (NASDAQ:GFS) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter in the previous year, the company posted $0.42 EPS. The company’s revenue was up 5.8% compared to the same quarter last year. On average, analysts expect GlobalFoundries to post $1.48 EPS for the current fiscal year and $2.14 EPS for the next fiscal year.

GlobalFoundries Stock Performance

Shares of NASDAQ GFS opened at $46.70 on Wednesday. GlobalFoundries has a fifty-two week low of $32.02 and a fifty-two week high of $92.55. The firm has a market capitalization of $25.62 billion, a PE ratio of 36.48 and a beta of 1.77. The stock’s 50-day simple moving average is $46.71 and its 200-day simple moving average is $54.85.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Robert W. Baird set a $140.00 price target on GlobalFoundries in a report on Thursday, August 6th. BNP Paribas Exane lowered shares of GlobalFoundries from an “outperform” rating to a “neutral” rating and set a $51.00 price target on the stock. in a research note on Monday, October 5th. Morgan Stanley reissued a “negative” rating and set a $60.00 price objective on shares of GlobalFoundries in a report on Thursday, August 6th. Wedbush restated a “neutral” rating and set a $72.00 price objective on shares of GlobalFoundries in a research report on Thursday, October 15th. Finally, UBS Group lowered their target price on shares of GlobalFoundries from $61.00 to $55.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, GlobalFoundries has an average rating of “Hold” and an average price target of $75.79.

Insider Activity

In other news, insider Pradheepa Raman sold 6,760 shares of GlobalFoundries stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $51.12, for a total transaction of $345,571.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 12,925 shares of company stock worth $638,247 over the last 90 days.

About GlobalFoundries

GlobalFoundries Inc (NASDAQ:GFS) is a semiconductor manufacturer that operates as a contract foundry, producing chips designed by other companies. The company provides wafer fabrication and related services for customers in the automotive, communications infrastructure, aerospace and defense, industrial, and consumer electronics markets.

GlobalFoundries specializes in differentiated semiconductor technologies rather than competing primarily in the most advanced logic-processing nodes. Its offerings include radio-frequency and silicon-on-insulator technologies, embedded memory, power-management solutions, high-voltage processes, silicon photonics, and other specialty platforms used in connectivity, sensing, automotive electronics, and edge-computing applications.

The company was established in 2009 through the separation of Advanced Micro Devices’ manufacturing operations, with investment from the Abu Dhabi-based Advanced Technology Investment Company.