GlobalFoundries (NASDAQ:GFS) Releases Q1 2026 Earnings Guidance

GlobalFoundries (NASDAQ:GFS) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.300-0.400 for the period, compared to the consensus estimate of 0.380. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.8 billion.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Robert W. Baird increased their price objective on shares of GlobalFoundries from $40.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday. Wedbush lifted their price target on shares of GlobalFoundries from $40.00 to $50.00 and gave the company a “neutral” rating in a report on Thursday. TD Cowen reiterated a “buy” rating on shares of GlobalFoundries in a research note on Thursday. Bank of America boosted their target price on GlobalFoundries from $33.00 to $37.00 and gave the stock an “underperform” rating in a research report on Thursday, December 4th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of GlobalFoundries in a research report on Thursday, January 22nd. Six investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $46.13.

GlobalFoundries Trading Down 0.5%

Shares of GFS stock traded down $0.24 during trading on Thursday, hitting $48.50. 5,160,812 shares of the stock traded hands, compared to its average volume of 4,154,472. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.03 and a quick ratio of 2.24. The firm has a market capitalization of $26.82 billion, a P/E ratio of -538.34, a price-to-earnings-growth ratio of 1.72 and a beta of 1.50. The firm’s fifty day moving average price is $40.05 and its 200-day moving average price is $36.34. GlobalFoundries has a 52-week low of $29.77 and a 52-week high of $50.98.

GlobalFoundries (NASDAQ:GFS) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.47 by $0.08. GlobalFoundries had a positive return on equity of 6.64% and a negative net margin of 0.65%.The business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same period last year, the business posted $0.46 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. As a group, research analysts forecast that GlobalFoundries will post 1.31 earnings per share for the current fiscal year.

Key GlobalFoundries News

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: Q4 beat and capital returns — GFS reported EPS of $0.55 (above consensus) and revenue of $1.83B, and management announced a buyback program (up to $500M), which supports upward pressure on the stock. Read More.
• Positive Sentiment: Analyst bullishness — Needham raised its PT to $55 (buy) and Robert W. Baird to $60 (outperform), signaling increased upside expectations from sell‑side firms. Read More. Read More.
• Positive Sentiment: Strategic growth thesis — coverage notes (margin-accretive growth) highlight acquisitions in silicon photonics and power management plus GaN partnerships targeting data center and physical‑AI markets; management expects continued margin expansion through FY26. Read More.
• Positive Sentiment: Bullish derivatives flow — unusually high call buying (≈15,176 calls, +139% vs. average) indicates active bullish positioning by options traders, which can amplify upside if momentum resumes.
• Neutral Sentiment: Investor outreach — GFS scheduled a webinar on silicon photonics and advanced packaging to detail growth initiatives; helpful for investor visibility but not an immediate earnings driver. Read More.
• Neutral Sentiment: Full disclosures available — earnings call transcript and slide deck provide management details (useful for due diligence). Read More.
• Negative Sentiment: Conservative near‑term guidance — Q1 EPS guidance of $0.30–$0.40 (vs. ~ $0.38 consensus) and revenue guide of ~$1.6–1.7B (below ~$1.8B consensus) suggests near‑term demand softness or conservatism from management, which likely triggered profit‑taking after the post‑earnings pop. Read More.
• Negative Sentiment: Mixed analyst stance — Wedbush raised its PT but kept a neutral rating, which may temper upside expectations despite other bullish raises. Read More.

Institutional Investors Weigh In On GlobalFoundries

Several hedge funds have recently made changes to their positions in GFS. Advisory Services Network LLC purchased a new stake in shares of GlobalFoundries during the third quarter worth approximately $53,000. Empowered Funds LLC purchased a new stake in shares of GlobalFoundries in the fourth quarter valued at about $67,000. State of Wyoming acquired a new position in shares of GlobalFoundries during the fourth quarter worth about $116,000. Bayesian Capital Management LP purchased a new position in GlobalFoundries during the second quarter worth about $210,000. Finally, US Bancorp DE lifted its position in GlobalFoundries by 25.1% in the third quarter. US Bancorp DE now owns 5,825 shares of the company’s stock valued at $209,000 after purchasing an additional 1,170 shares during the period.

GlobalFoundries Company Profile

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.