GlobalFoundries (NASDAQ:GFS – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.460-0.560 for the period, compared to the consensus earnings per share estimate of 0.470. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $75.12. The stock’s 50 day moving average price is $69.63 and its two-hundred day moving average price is $58.85. GlobalFoundries Company Profile(Get Free Report)GlobalFoundries, Inc (NASDAQ: GFS) is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers.