STMicroelectronics (NYSE:STM) Raised to "Outperform" at BNP Paribas

Key Points

• STMicroelectronics' stock rating has been upgraded by BNP Paribas from "hold" to "strong-buy," reflecting positive sentiment from analysts.
• STMicroelectronics reported a quarterly earnings miss, with an EPS of $0.06 compared to an expected $0.10, despite revenues of $2.77 billion exceeding estimates.
• The current consensus rating for STMicroelectronics is "Moderate Buy," with a target price averaging $32.06 set by analysts.

BNP Paribas upgraded shares of STMicroelectronics (NYSE:STM - Free Report) from a hold rating to an outperform rating in a research report sent to investors on Thursday, Marketbeat.com reports.

A number of other research analysts have also weighed in on STM. TD Cowen reduced their target price on STMicroelectronics from $34.00 to $27.00 and set a "hold" rating for the company in a report on Friday, July 25th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of STMicroelectronics in a report on Friday, July 25th. Robert W. Baird raised STMicroelectronics from a "neutral" rating to an "outperform" rating and lifted their target price for the company from $23.00 to $50.00 in a report on Tuesday, July 22nd. 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 report on Thursday. Finally, Oddo Bhf raised STMicroelectronics to an "outperform" rating in a report on Wednesday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, STMicroelectronics presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.06.

STMicroelectronics Stock Down 1.1%

NYSE:STM traded down $0.28 during trading hours on Thursday, hitting $26.58. 5,169,695 shares of the company traded hands, compared to its average volume of 5,977,063. The company has a quick ratio of 1.96, a current ratio of 2.74 and a debt-to-equity ratio of 0.11. The firm's 50-day simple moving average is $28.17 and its 200-day simple moving average is $25.89. STMicroelectronics has a one year low of $17.25 and a one year high of $33.47. The company has a market cap of $23.87 billion, a PE ratio of 38.52, a PEG ratio of 4.22 and a beta of 1.62.

STMicroelectronics (NYSE:STM - Get Free Report) last released its 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 business had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.71 billion. STMicroelectronics had a return on equity of 4.55% and a net margin of 5.49%. STMicroelectronics has set its Q3 2025 guidance at EPS. Equities analysts predict that STMicroelectronics will post 0.85 earnings per share for the current year.

Institutional Investors Weigh In On STMicroelectronics

Several institutional investors have recently modified their holdings of STM. Rothschild Investment LLC boosted its holdings in shares of STMicroelectronics by 248.4% in the second quarter. Rothschild Investment LLC now owns 1,303 shares of the semiconductor producer's stock worth $40,000 after buying an additional 929 shares during the last quarter. Farther Finance Advisors LLC raised its position in STMicroelectronics by 139.6% in the first quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer's stock worth $41,000 after acquiring an additional 1,085 shares during the period. Smartleaf Asset Management LLC raised its position in STMicroelectronics by 63.1% in the first quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer's stock worth $48,000 after acquiring an additional 838 shares during the period. AlphaCore Capital LLC bought a new position in STMicroelectronics in the second quarter worth approximately $57,000. Finally, IFP Advisors Inc raised its position in STMicroelectronics by 85.4% in the second quarter. IFP Advisors Inc now owns 2,269 shares of the semiconductor producer's stock worth $69,000 after acquiring an additional 1,045 shares during the period. 5.05% of the stock is owned by hedge funds and other institutional investors.

About STMicroelectronics

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.