GlobalFoundries (GFS) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.46
- Estimate
- $0.43
- Surprise
- +6.5%
- Score at report (before → after)
- 5.4 → 5.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
GlobalFoundries (GFS) beat the $0.43 estimate with adjusted EPS of $0.46 — a clear 6.5% upside surprise. TrendMatrix's engine moved from Hold (5.4/10) to Sell at 5.4/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates GFS Sell at 5.1/10.
4 of the last 4 quarters beat the estimate; this quarter's +6.5% surprise compares with a +10.5% four-quarter average. Next scheduled report: 2026-11-10.
What supports the rating
- Strong earnings beat streak (4/4)
- Attractive valuation
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9)
- Sector modifier (Technology): -0.8
- Weak growth
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $46.35
- Price target
- $68.40
- Stop
- $43.11
- Upside to target
- +47.6%
- Reward-to-risk
- 5.1:1
The stock trades at 37.4× trailing but 17.7× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
GFS at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductors
- Market cap
- $25.88B
- P/E (fwd)
- 17.7
- P/E (ttm)
- 37.4
- 52-week range
- $32.02–$92.55
- Off 52-week high
- 49.9%
- RSI (14)
- 57
- Volume vs avg
- 0.39×
- Score today
- 5.1/10