GlobalFoundries' 2026 Hopes Are 'Too Optimistic,' Analyst Says

1. GFS shows steady results with upbeat December quarter guidance. 2. Strong automotive and data center demand drives revenue growth. 3. Analyst cuts GFS price forecast from $40 to $35, maintains neutral rating. 4. Margin improvement projected despite flat revenue, expecting 300 basis point gain. 5. IoT segment under pressure; growth expected to rebound in late 2026.