Globalfoundries Inc (GFS · NASDAQ)

GlobalFoundries shares closed at $49.00, up 4.1% on the day and 6.0% over the past month, though the stock remains down 36.4% over three months and sits 45.3% below its 52-week high. The company has beaten earnings estimates in each of its last four quarters, including Q2 (June 30, 2026) EPS of $0.33 versus $0.32 expected, on quarterly revenue of $1.79B, but full-year earnings are down 26.8% year over year against 5.8% revenue growth on a TTM base of $6.94B. Free cash flow was slightly negative at -$6.0M in the June quarter, as $411.0M of capex slightly outpaced $405.0M in operating cash flow, though leverage remains modest at 0.8x debt/EBITDA with $1.09B in cash. Recent catalysts include a multi-year Marvell agreement to expand SiGe capacity, a 62% year-over-year rise in Q2 data center revenue, and plans to accelerate global capacity expansion, while the chief legal officer's 335-share sale under a 10b5-1 plan adds to a year-long pattern of insider selling totaling 10,865 shares with no purchases.