GlobalFoundries (GFS) Projected to Post Earnings on Wednesday

GlobalFoundries (NASDAQ:GFS) is anticipated to release its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect GlobalFoundries to announce earnings of $0.4318 per share and revenue of $1.7641 billion for the quarter. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, August 5, 2026 at 8:30 AM ET.

GlobalFoundries (NASDAQ:GFS) last issued its earnings results 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 net margin of 11.40% and a return on equity of 6.85%. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the company posted $0.34 earnings per share. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, analysts expect GlobalFoundries to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

GlobalFoundries Stock Performance

GlobalFoundries stock opened at $49.99 on Monday. The company has a 50 day moving average price of $72.34 and a 200-day moving average price of $58.59. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.87 and a current ratio of 2.59. GlobalFoundries has a fifty-two week low of $31.51 and a fifty-two week high of $92.55. The company has a market capitalization of $27.43 billion, a PE ratio of 35.96, a P/E/G ratio of 1.77 and a beta of 1.80.

GlobalFoundries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Wednesday, June 24th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.0%. The ex-dividend date was Wednesday, June 24th. GlobalFoundries’s dividend payout ratio (DPR) is presently 34.53%.

Insider Activity

In related news, insider Samak L. Azar sold 335 shares of the company’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $77.36, for a total transaction of $25,915.60. Following the transaction, the insider directly owned 13,149 shares of the company’s stock, valued at $1,017,206.64. This represents a 2.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Glenda Dorchak sold 4,000 shares of the stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $58.22, for a total value of $232,880.00. Following the completion of the sale, the director owned 14,867 shares of the company’s stock, valued at approximately $865,556.74. This trade represents a 21.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 19,950 shares of company stock worth $1,447,000.

Hedge Funds Weigh In On GlobalFoundries

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

Key GlobalFoundries News

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: GlobalFoundries signed a letter of intent to receive a $300 million CHIPS Act R&D award from the U.S. Department of Commerce. The funding is intended to accelerate U.S. leadership in silicon photonics, an important technology for artificial-intelligence and high-performance-computing data centers. The award strengthens GFS’s strategic position, supports domestic semiconductor capabilities and could improve long-term growth prospects. GlobalFoundries silicon photonics CHIPS award
• Positive Sentiment: Analyst commentary said the government agreement reinforces the investment case for expanding U.S. chip manufacturing and research. However, the market may already have reflected some of the benefit in GFS’s valuation. Wedbush analysis of GlobalFoundries government deal
• Neutral Sentiment: GlobalFoundries is scheduled to report second-quarter 2026 results before the market opens on August 5. Analysts are focused on whether revenue growth can lift earnings; the company has exceeded consensus EPS estimates in each of the past four quarters, providing a favorable earnings track record but also raising expectations. GlobalFoundries second-quarter earnings preview
• Neutral Sentiment: Director Samak L. Azar sold 335 shares for approximately $16,392 under a pre-arranged Rule 10b5-1 trading plan. Because the sale was relatively small and planned in advance, it is a limited signal about management’s view of the stock, though it may add modest selling pressure. GlobalFoundries insider transaction filing

Analysts Set New Price Targets

A number of equities research analysts have weighed in on GFS shares. Loop Capital set a $80.00 target price on GlobalFoundries in a research report on Monday, May 4th. UBS Group increased their price target on GlobalFoundries from $65.00 to $77.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Weiss Ratings restated a “hold (c)” rating on shares of GlobalFoundries in a research note on Friday, May 29th. Citigroup lifted their price objective on GlobalFoundries from $49.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Susquehanna upped their price objective on shares of GlobalFoundries to $125.00 and gave the stock a “positive” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $74.62.

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.