What is William Blair's Forecast for STM FY2026 Earnings?

Key Points

• William Blair has cut its FY2026 earnings per share estimate for STMicroelectronics to $1.38, down from $1.39, while the current consensus estimate stands at $0.85 per share.
• Other brokerages have shown mixed reactions, with Craig Hallum downgrading the stock to a "hold" rating and setting a target price of $28.00, while Robert W. Baird raised its target price to $50.00.
• STMicroelectronics announced a quarterly dividend of $0.09 per share, contributing to an annualized dividend yield of 1.37%.

STMicroelectronics N.V. (NYSE:STM - Free Report) - William Blair dropped their FY2026 earnings estimates for STMicroelectronics in a research note issued to investors on Friday, July 25th. William Blair analyst J. Dorsheimer now anticipates that the semiconductor producer will post earnings of $1.38 per share for the year, down from their prior estimate of $1.39. The consensus estimate for STMicroelectronics' current full-year earnings is $0.85 per share.

Other analysts have also issued research reports about the company. Dbs Bank lowered STMicroelectronics from a "strong-buy" rating to a "hold" rating in a report on Monday, April 28th. Craig Hallum lowered shares of STMicroelectronics from a "buy" rating to a "hold" rating and set a $28.00 price objective for the company. in a research report on Thursday. Robert W. Baird raised shares of STMicroelectronics from a "neutral" rating to an "outperform" rating and lifted their price objective for the stock from $23.00 to $50.00 in a research note on Tuesday, July 22nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of STMicroelectronics in a research note on Friday. Finally, TD Cowen dropped their price target on STMicroelectronics from $34.00 to $27.00 and set a "hold" rating on the stock in a report on Friday. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, five have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $32.21.

STMicroelectronics Stock Performance

Shares of STMicroelectronics stock traded up $0.38 during trading on Monday, hitting $26.70. 8,184,751 shares of the stock were exchanged, compared to its average volume of 8,215,992. The stock has a market cap of $23.98 billion, a PE ratio of 38.70, a P/E/G ratio of 3.84 and a beta of 1.60. The stock's fifty day moving average is $29.23 and its 200 day moving average is $25.52. STMicroelectronics has a 12 month low of $17.25 and a 12 month high of $34.30. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.96 and a current ratio of 2.74.

STMicroelectronics (NYSE:STM - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.04). The business had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.71 billion. STMicroelectronics had a return on equity of 4.55% and a net margin of 5.49%.

STMicroelectronics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Tuesday, March 24th. STMicroelectronics's dividend payout ratio is 44.93%.

Institutional Investors Weigh In On STMicroelectronics

Several hedge funds and other institutional investors have recently made changes to their positions in STM. Ritholtz Wealth Management acquired a new stake in STMicroelectronics in the 2nd quarter valued at approximately $492,000. Sequoia Financial Advisors LLC bought a new stake in STMicroelectronics in the 2nd quarter valued at $341,000. Yousif Capital Management LLC acquired a new stake in STMicroelectronics in the 2nd quarter worth $316,000. MGO One Seven LLC acquired a new stake in STMicroelectronics during the second quarter worth about $205,000. Finally, CWM LLC lifted its position in shares of STMicroelectronics by 27.5% in the 2nd quarter. CWM LLC now owns 2,680 shares of the semiconductor producer's stock worth $82,000 after acquiring an additional 578 shares during the period. 5.05% of the stock is owned by institutional investors and hedge funds.

STMicroelectronics Company Profile

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.