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) - Investment analysts at William Blair dropped their FY2026 earnings per share 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 earn $1.38 per share for the year, down from their previous forecast 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. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of STMicroelectronics in a research note on Friday, July 25th. Baird R W raised STMicroelectronics from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 22nd. Susquehanna raised their price target on STMicroelectronics from $30.00 to $40.00 and gave the stock a "positive" rating in a research note on Tuesday, July 22nd. Craig Hallum lowered STMicroelectronics from a "buy" rating to a "hold" rating and set a $28.00 price target for the company. in a research note on Thursday, July 24th. Finally, Oddo Bhf upgraded STMicroelectronics to an "outperform" rating in a report on Wednesday, July 2nd. One analyst has rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $32.21.

STMicroelectronics Trading Down 1.2%

Shares of NYSE:STM traded down $0.30 during trading on Monday, reaching $25.73. 2,237,223 shares of the company traded hands, compared to its average volume of 7,603,622. The firm has a market capitalization of $23.11 billion, a price-to-earnings ratio of 37.27, a P/E/G ratio of 4.17 and a beta of 1.60. STMicroelectronics has a 52-week low of $17.25 and a 52-week high of $33.89. The company has a current ratio of 2.74, a quick ratio of 1.96 and a debt-to-equity ratio of 0.11. The business's fifty day moving average is $29.26 and its 200-day moving average is $25.53.

STMicroelectronics (NYSE:STM - Get Free Report) last issued its earnings results 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 firm had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.71 billion. STMicroelectronics had a return on equity of 4.55% and a net margin of 5.49%.

STMicroelectronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th will be given a dividend of $0.09 per share. The ex-dividend date is Tuesday, March 24th. This represents a $0.36 annualized dividend and a dividend yield of 1.40%. STMicroelectronics's dividend payout ratio (DPR) is presently 44.93%.

Institutional Investors Weigh In On STMicroelectronics

Institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC boosted its position in shares of STMicroelectronics by 139.6% during the first quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer's stock valued at $41,000 after buying an additional 1,085 shares during the last quarter. Smartleaf Asset Management LLC boosted 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 purchasing an additional 838 shares during the last quarter. IFP Advisors Inc boosted 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 purchasing an additional 1,045 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its position in STMicroelectronics by 396.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 3,197 shares of the semiconductor producer's stock worth $70,000 after purchasing an additional 2,553 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its position in STMicroelectronics by 57.2% in the first quarter. SBI Securities Co. Ltd. now owns 3,322 shares of the semiconductor producer's stock worth $73,000 after purchasing an additional 1,209 shares during the last quarter. 5.05% of the stock is owned by hedge funds and other institutional investors.

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.