GlobalFoundries (GFS) to Announce Quarterly Earnings on Wednesday

GlobalFoundries (NASDAQ:GFS) is anticipated to announce its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect GlobalFoundries to post earnings of $0.44 per share and revenue of $1.7641 billion for the quarter. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Parties may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 8:30 AM ET.

GlobalFoundries (NASDAQ:GFS) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.63 billion. GlobalFoundries had a net margin of 11.40% and a return on equity of 6.85%. The business’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.34 earnings per share. On average, analysts expect GlobalFoundries to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

GlobalFoundries Trading Down 7.8%

GFS opened at $49.02 on Wednesday. GlobalFoundries has a 12-month low of $31.51 and a 12-month high of $92.55. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.59 and a quick ratio of 1.87. The stock has a market capitalization of $26.90 billion, a PE ratio of 35.27, a P/E/G ratio of 1.88 and a beta of 1.76. The firm’s fifty day moving average price is $74.16 and its 200 day moving average price is $58.39.

GlobalFoundries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Wednesday, June 24th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. GlobalFoundries’s payout ratio is presently 34.53%.

Insider Activity

In other news, Director Glenda Dorchak sold 4,000 shares of GlobalFoundries 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 transaction, the director directly owned 14,867 shares of the company’s stock, valued at approximately $865,556.74. The trade was a 21.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Samak L. Azar sold 500 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $74.82, for a total transaction of $37,410.00. Following the sale, the insider directly owned 15,494 shares of the company’s stock, valued at approximately $1,159,261.08. This represents a 3.13% decrease in their position. 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 three months, insiders sold 20,115 shares of company stock valued at $1,462,108.

Institutional Trading of GlobalFoundries

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

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on GFS. The Goldman Sachs Group restated a “neutral” rating and issued a $70.00 target price on shares of GlobalFoundries in a research note on Tuesday, May 5th. Citigroup boosted 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. UBS Group upped their price objective on GlobalFoundries from $65.00 to $77.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Jefferies Financial Group reaffirmed a “hold” rating and set a $65.00 target price on shares of GlobalFoundries in a report on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of GlobalFoundries in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $74.62.

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.