Wedbush has downgraded GlobalFoundries Inc (GFS) to Neutral from Outperform, a move that underscores increased caution regarding the company's outlook. The action, taken on December 30, 2025, comes as the semiconductor manufacturer faces potential challenges that could impact its performance.
GlobalFoundries, headquartered in Malta, New York, provides foundry services and manufactures a range of semiconductor devices. The company, which went public on October 28, 2021, currently has a market capitalization of $19.2 billion and employs approximately 13,000 full-time staff. Despite recent earnings surprises, including a Q3 2025 EPS of $0.41 compared to an estimated $0.38, concerns about competitive pressures and market conditions may have influenced this downgrade.
As the semiconductor industry evolves, GlobalFoundries must navigate various execution risks. The upcoming earnings reports, with estimates of $0.34 EPS and $1.6 billion in revenue on May 1, 2026, and $0.46 EPS with $1.8 billion in revenue on February 2, 2026, will be closely watched by investors.
Analyst ratings, such as this downgrade, provide insights based on research and financial models but should not be the sole basis for investment decisions. Investors are advised to consider a range of factors, including company fundamentals and industry trends, when assessing their strategies.
The current price of GlobalFoundries Inc stands at $35.55, with a consensus rating of Buy from analysts, which includes 5 Strong Buy, 9 Buy, 11 Hold, 1 Sell, and no Strong Sell recommendations.