GlobalFoundries (GFS) Q3 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 · Editorial policy
Key numbers
- Adjusted EPS
- $0.53
- Estimate
- $0.51
- Surprise
- +3.5%
- Score today
- 5.0/10
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 $0.51 estimate with adjusted EPS of $0.53 — a clear 3.5% upside surprise.
Coverage in the report window
- Needham Maintains Buy Rating on GlobalFoundries, Lowers Price Target — fiscal.ai, 2026-11-04
Where TrendMatrix's rating stands now
TrendMatrix currently rates GFS Sell at 5.0/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +3.5% surprise compares with a +10.1% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Analyst upside: 65%
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
- $40.34
- Price target
- $66.52
- Stop
- $37.86
- Upside to target
- +64.9%
- Reward-to-risk
- 5.0:1
The stock trades at 115.3× trailing but 15.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 29 — a level conventionally read as oversold; trading volume is running 1.5× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — 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
- $22.49B
- P/E (fwd)
- 15.3
- P/E (ttm)
- 115.3
- 52-week range
- $32.02–$92.55
- Off 52-week high
- 56.4%
- RSI (14)
- 29
- Volume vs avg
- 1.54×
- Score today
- 5.0/10