GlobalFoundries (NASDAQ:GFS) Issues Q1 2026 Earnings Guidance

GlobalFoundries (NASDAQ:GFS) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. 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.

Analysts Set New Price Targets

A number of brokerages recently issued reports on GFS. Wedbush lowered shares of GlobalFoundries from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $42.00 to $40.00 in a research report on Wednesday, December 31st. Wall Street Zen lowered shares of GlobalFoundries from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. Bank of America raised their price objective on shares of GlobalFoundries from $33.00 to $37.00 and gave the company an “underperform” rating in a research note on Thursday, December 4th. Citigroup boosted their target price on GlobalFoundries from $35.00 to $42.00 and gave the stock a “neutral” rating in a report on Thursday, January 15th. Finally, Zacks Research raised GlobalFoundries from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $42.23.

GlobalFoundries Stock Performance

NASDAQ:GFS opened at $41.90 on Wednesday. The company has a 50-day moving average of $39.84 and a 200-day moving average of $36.26. The firm has a market cap of $23.17 billion, a price-to-earnings ratio of -465.50, a price-to-earnings-growth ratio of 1.78 and a beta of 1.50. The company has a current ratio of 3.03, a quick ratio of 2.24 and a debt-to-equity ratio of 0.13. GlobalFoundries has a twelve month low of $29.77 and a twelve month high of $48.56.

GlobalFoundries (NASDAQ:GFS) last released its earnings results on Wednesday, November 12th. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.05). GlobalFoundries had a positive return on equity of 6.64% and a negative net margin of 0.65%.The business had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter in the previous year, the firm earned $0.41 earnings per share. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. Analysts forecast that GlobalFoundries will post 1.31 earnings per share for the current fiscal year.

Institutional Investors Weigh In On GlobalFoundries

Institutional investors and hedge funds have recently modified their holdings of the stock. Ilex Capital Partners UK LLP acquired a new position in shares of GlobalFoundries in the 2nd quarter valued at $969,000. Man Group plc acquired a new stake in GlobalFoundries during the 3rd quarter worth about $869,000. Mariner LLC acquired a new stake in GlobalFoundries during the 3rd quarter worth about $747,000. Nomura Holdings Inc. purchased a new stake in GlobalFoundries during the second quarter valued at about $641,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of GlobalFoundries in the third quarter worth about $575,000.

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.