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STMicroelectronics (NYSE:STM) Downgraded to "Sell (D+)" Rating by Weiss Ratings

STMicroelectronics logo with Computer and Technology background

Key Points

  • STMicroelectronics has been downgraded from a "hold (c-)" rating to a "sell (d+)" rating by Weiss Ratings, signaling bearish sentiment among analysts.
  • Despite the downgrade, other analysts have raised their ratings on STMicroelectronics, with BNP Paribas Exane upgrading it to "outperform" and setting a target price of $31.00.
  • The stock is currently trading at $28.90, showing a 2.6% increase in share price during recent trading.
  • Five stocks we like better than STMicroelectronics.

STMicroelectronics (NYSE:STM - Get Free Report) was downgraded by analysts at Weiss Ratings from a "hold (c-)" rating to a "sell (d+)" rating in a note issued to investors on Wednesday,Weiss Ratings reports.

Other equities research analysts have also issued reports about the company. BNP Paribas Exane raised STMicroelectronics from a "neutral" rating to an "outperform" rating and set a $31.00 target price for the company in a research report on Thursday, September 4th. Baird R W raised STMicroelectronics from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 22nd. Robert W. Baird raised STMicroelectronics from a "neutral" rating to an "outperform" rating and raised their target price for the company from $23.00 to $50.00 in a research report on Tuesday, July 22nd. Citigroup reaffirmed a "buy" rating on shares of STMicroelectronics in a research report on Thursday, September 4th. Finally, The Goldman Sachs Group set a $26.50 price target on STMicroelectronics and gave the stock a "neutral" rating in a research note on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $32.06.

Read Our Latest Analysis on STM

STMicroelectronics Stock Up 2.6%

Shares of NYSE:STM traded up $0.74 during trading on Wednesday, reaching $28.90. 6,539,019 shares of the stock were exchanged, compared to its average volume of 5,711,767. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.74 and a quick ratio of 1.96. STMicroelectronics has a 1-year low of $17.25 and a 1-year high of $33.47. The stock has a fifty day moving average of $26.85 and a two-hundred day moving average of $26.28. The firm has a market cap of $25.96 billion, a price-to-earnings ratio of 41.88, a price-to-earnings-growth ratio of 5.77 and a beta of 1.66.

STMicroelectronics (NYSE:STM - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.04). The company had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.71 billion. STMicroelectronics had a net margin of 5.49% and a return on equity of 4.55%. STMicroelectronics has set its Q3 2025 guidance at EPS. Research analysts anticipate that STMicroelectronics will post 0.85 earnings per share for the current fiscal year.

Institutional Trading of STMicroelectronics

A number of large investors have recently modified their holdings of STM. CWM LLC raised its holdings in shares of STMicroelectronics by 27.5% during the 2nd quarter. CWM LLC now owns 2,680 shares of the semiconductor producer's stock valued at $82,000 after buying an additional 578 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of STMicroelectronics by 5.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 12,930 shares of the semiconductor producer's stock valued at $284,000 after buying an additional 650 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in shares of STMicroelectronics by 5.6% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 13,041 shares of the semiconductor producer's stock valued at $397,000 after buying an additional 697 shares in the last quarter. Gallacher Capital Management LLC raised its holdings in shares of STMicroelectronics by 5.0% during the 1st quarter. Gallacher Capital Management LLC now owns 14,746 shares of the semiconductor producer's stock valued at $324,000 after buying an additional 702 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of STMicroelectronics by 63.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer's stock valued at $48,000 after buying an additional 838 shares in the last quarter. Institutional investors own 5.05% of the company's stock.

STMicroelectronics Company Profile

(Get Free Report)

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.

See Also

Analyst Recommendations for STMicroelectronics (NYSE:STM)

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