GlobalFoundries (NASDAQ:GFS) Updates 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.

GlobalFoundries Price Performance

GFS stock opened at $41.90 on Wednesday. The company has a quick ratio of 2.24, a current ratio of 3.03 and a debt-to-equity ratio of 0.13. GlobalFoundries has a 52-week low of $29.77 and a 52-week high of $48.56. The stock’s 50 day moving average is $39.84 and its two-hundred day moving average is $36.26. The company has a market capitalization of $23.17 billion, a PE ratio of -465.50, a P/E/G ratio of 1.78 and a beta of 1.50.

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

Analyst Ratings Changes

A number of research analysts have commented on GFS shares. UBS Group reiterated a “neutral” rating and set a $45.00 price objective on shares of GlobalFoundries in a research note on Monday, February 2nd. Wedbush lowered shares of GlobalFoundries from an “outperform” rating to a “neutral” rating and cut their target price for the company from $42.00 to $40.00 in a research note on Wednesday, December 31st. Morgan Stanley set a $43.00 price target on GlobalFoundries in a research note on Monday. Zacks Research raised GlobalFoundries from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Finally, Wall Street Zen downgraded GlobalFoundries from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $42.23.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC increased its stake in shares of GlobalFoundries by 168.2% in the third quarter. AQR Capital Management LLC now owns 2,607,792 shares of the company’s stock valued at $93,463,000 after purchasing an additional 1,635,338 shares during the period. Squarepoint Ops LLC grew its holdings in GlobalFoundries by 137.8% in the 3rd quarter. Squarepoint Ops LLC now owns 1,300,189 shares of the company’s stock worth $46,599,000 after buying an additional 753,376 shares in the last quarter. Two Sigma Investments LP increased its position in GlobalFoundries by 1,789.3% in the 3rd quarter. Two Sigma Investments LP now owns 657,269 shares of the company’s stock valued at $23,557,000 after acquiring an additional 622,480 shares during the period. Goldman Sachs Group Inc. raised its stake in GlobalFoundries by 72.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,208,828 shares of the company’s stock valued at $42,212,000 after acquiring an additional 508,046 shares in the last quarter. Finally, Woodline Partners LP boosted its position in GlobalFoundries by 76.9% during the 3rd quarter. Woodline Partners LP now owns 1,110,131 shares of the company’s stock worth $39,787,000 after acquiring an additional 482,448 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.