NYSE:STM

STMicroelectronics (STM) Stock Forecast, Price & News

$43.16

+0.45 (+1.05%)

(As of 09/29/2023 ET)

Compare

Today's Range: $42.98
▼
$43.89
50-Day Range: $41.77
▼
$54.26
52-Week Range: $29.09
▼
$55.85

Volume: 2.78 million shs
Average Volume: 2.57 million shs
Market Capitalization: $39.20 billion

P/E Ratio: 9.30
Dividend Yield: 0.46%
Price Target: $47.25

STMicroelectronics MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.58 Rating Score
Upside/Downside: 9.5% Upside
$47.25 Price Target
Short Interest: Healthy
0.48% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.60
Based on 13 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -4.64%
From $4.31 to $4.11 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.56 out of 5 stars

Computer And Technology Sector

540th out of 608 stocks

Semiconductors & Related Devices Industry

84th out of 90 stocks

1.3

Analyst's Opinion

Consensus Rating
STMicroelectronics has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 8 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $47.25, STMicroelectronics has a forecasted upside of 9.5% from its current price of $43.16.
Amount of Analyst Coverage
STMicroelectronics has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.48% of the float of STMicroelectronics has been sold short.
Short Interest Ratio / Days to Cover
STMicroelectronics has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in STMicroelectronics has recently decreased by 1.14%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
STMicroelectronics has a dividend yield of 0.47%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
STMicroelectronics does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of STMicroelectronics is 4.31%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, STMicroelectronics will have a dividend payout ratio of 4.87% next year. This indicates that STMicroelectronics will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STM.

2.0

News and Social Media Coverage

News Sentiment
STMicroelectronics has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for STMicroelectronics this week, compared to 5 articles on an average week.
Search Interest
Only 13 people have searched for STM on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.
MarketBeat Follows
Only 21 people have added STMicroelectronics to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, STMicroelectronics insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 5.62% of the stock of STMicroelectronics is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for STMicroelectronics are expected to decrease by -4.64% in the coming year, from $4.31 to $4.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of STMicroelectronics is 9.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of STMicroelectronics is 9.30, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 247.50.
Price to Earnings Growth Ratio
STMicroelectronics has a PEG Ratio of 2.00. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
STMicroelectronics has a P/B Ratio of 3.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About STMicroelectronics (NYSE:STM) Stock

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. The Automotive and Discrete Group segment offers automotive integrated circuits (ICs), and discrete and power transistor products. The Analog, MEMS and Sensors Group segment provides industrial application-specific integrated circuits (ASICs) and application-specific standard products (ASSPs); general purpose analog products; custom analog ICs; wireless charging solutions; galvanic isolated gate drivers; low and high voltage amplifiers, comparators, and current-sense amplifiers; MasterGaN, a solution that integrates a silicon driver and GaN power transistors in a single package; wireline and wireless connectivity ICs; touch screen controllers; micro-electro-mechanical systems (MEMS) products, including sensors or actuators; and optical sensing solutions. The Microcontrollers and Digital ICs Group segment offers general purpose and secure microcontrollers; radio frequency (RF) and electrically erasable programmable read-only memories; and RF, digital, and mixed-signal ASICs. It also provides assembly and other services. The company sells its products through distributors and retailers, as well as through sales representatives. It serves automotive, industrial, personal electronics and communications equipment, and computers and peripherals markets. STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Geneva, Switzerland.

STM Price History

30 days | 90 days | 365 days | Advanced Chart

STM Stock News Headlines

September 7, 2023 | marketbeat.com

Institutions are Buying These 3 Stocks and Analysts Agree

Rumble (RUM), Immunocore (IMCR), and STMicroelectronics (STM) are attracting increased institutional interest, presenting potential investment opportunities.

September 28, 2023 | barrons.com

STMicroelectronics N.V.

October 1, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

September 27, 2023 | benzinga.com

Global Real-Time Clocks Industry Research Report 2023-2030: IoT Revolution - How RTCs Enable Precision in Smart Cities and Beyond

September 27, 2023 | finance.yahoo.com

InnoPhase IoT Selects STMicroelectronics To Deliver Industry’s Lowest Power Sensor-to-Cloud IoT Solution

September 27, 2023 | seekingalpha.com

STMicroelectronics: Leading Silicon Carbide Semiconductor Player In Europe

September 27, 2023 | americanbankingnews.com

William Blair Comments on STMicroelectronics' Q3 2023 Earnings (NYSE:STM)

September 26, 2023 | businesswire.com

Plugfest Advances Adoption of MIPI I3C Designs

October 1, 2023 | Legacy Research (Ad)

Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)

“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”

September 25, 2023 | americanbankingnews.com

STMicroelectronics (NYSE:STM) Given Average Recommendation of "Moderate Buy" by Brokerages

September 21, 2023 | finance.yahoo.com

STMicroelectronics releases software to securely connect IoT devices to Microsoft Azure IoT Hub

September 21, 2023 | finance.yahoo.com

STMicroelectronics releases secure software for STM32-powered edge devices connecting to AWS IoT Core

September 20, 2023 | finanznachrichten.de

STMicroelectronics N.V.: STMicroelectronics: Statement from the Supervisory Board of STMicroelectronics

September 20, 2023 | marketwatch.com

STMicroelectronics Aims to Renew Jean-Marc Chery as President and CEO

September 20, 2023 | markets.businessinsider.com

STMicroelectronics Reappoints Jean-Marc Chery As CEO

September 19, 2023 | finance.yahoo.com

STMicroelectronics: Statement from the Supervisory Board of STMicroelectronics

September 18, 2023 | benzinga.com

A Look Into STMicroelectronics Inc's Price Over Earnings

September 14, 2023 | msn.com

STMicroelectronics N.V. goes ex dividend tomorrow

September 11, 2023 | benzinga.com

$1000 Invested In STMicroelectronics 5 Years Ago Would Be Worth This Much Today

September 6, 2023 | uk.finance.yahoo.com

STMicroelectronics N.V. (STM)

September 3, 2023 | markets.businessinsider.com

SCE 2023 Showcases China's Innovations in Intelligent Connected NEVs

August 31, 2023 | msn.com

BorgWarner, STMicroelectronics Partner On SiC Technology In Viper Power Module For Volvo Cars' Next-Gen EVs

August 31, 2023 | finance.yahoo.com

BorgWarner to integrate STMicroelectronics’ Silicon-Carbide Technology in Viper Power Module for Volvo Cars’ Next-Generation Electric Vehicles

August 31, 2023 | stocknews.com

3 Chip Stocks Sending Out Buy Signals

August 29, 2023 | uk.finance.yahoo.com

Innovations and Rising Demand Fuel the Surge: General Electronic Components Market 2023 to 2030

August 23, 2023 | finance.yahoo.com

STMicroelectronics Publishes its IFRS 2023 Semi Annual Accounts

August 11, 2023 | benzinga.com

Here's How Much $100 Invested In STMicroelectronics 5 Years Ago Would Be Worth Today

See More Headlines

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STM Company Calendar

Ex-Dividend for 7/5 Dividend: 6/26/2023
Dividend Payable: 7/05/2023
Last Earnings: 7/27/2023
Ex-Dividend for 9/26 Dividend: 9/18/2023
Dividend Payable: 9/26/2023
Today: 10/01/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Semiconductors & related devices
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:STM
CUSIP: N/A
CIK: 932787
Web: www.st.com
Phone: (122) 929-2929
Fax: 41-22-929-2988
Employees: 51,370
Year Founded: 1987

Price Target and Rating

Average Stock Price Forecast: $47.25
High Stock Price Forecast: $65.00
Low Stock Price Forecast: $20.00
Forecasted Upside/Downside: +9.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.58
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.64
Trailing P/E Ratio: 9.30
Forward P/E Ratio: 10.01
P/E Growth: 2
Net Income: $3.96 billion
Net Margins: 25.36%
Pretax Margin: 28.93%
Return on Equity: 33.67%
Return on Assets: 21.59%

Debt

Debt-to-Equity Ratio: 0.17
Current Ratio: 2.67
Quick Ratio: 1.92

Sales & Book Value

Annual Sales: $16.13 billion
Price / Sales: 2.43
Cash Flow: $5.70 per share
Price / Cash Flow: 7.57
Book Value: $14.05 per share
Price / Book: 3.07

Miscellaneous

Outstanding Shares: 908,310,000
Free Float: N/A
Market Cap: $39.20 billion
Optionable: Optionable
Beta: 1.63

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Key Executives

Mr. Jean-Marc Chery (Age 63)
Pres, CEO & Member of Managing Board
Comp: $5.18M

Mr. Lorenzo Grandi (Age 62)
Pres of Fin., Purchasing, ERM & Resilience and CFO

Mr. Fabio Gualandris (Age 64)
Pres of Quality, Manufacturing & Technology

Ms. Celine Berthier
Group VP of Investor Relations

Mr. Philippe Dereeper
Chief Compliance Officer & Exec. Sec. for Supervisory Board

Mr. Steven Rose (Age 61)
Pres of Legal Counsel & Public Affairs

Ms. Claudia Levo (Age 58)
Exec. VP of Integrated Marketing & Communications

Mr. Jerome Roux (Age 58)
Pres of Sales & Marketing

Ms. Rajita D'Souza (Age 50)
CHRO and Pres of HR & Corp. Social Responsibility

Mr. Marco Luciano Cassis (Age 60)
Pres of Analog, MEMS & Sensors Grp. and Head of Str., System Res. & Applications, Inn. Office

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

STM Stock - Frequently Asked Questions

Should I buy or sell STMicroelectronics stock right now?: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for STMicroelectronics in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" STM shares.
View STM analyst ratings or view top-rated stocks.
What is STMicroelectronics' stock price forecast for 2023?: 12 brokers have issued twelve-month target prices for STMicroelectronics' stock. Their STM share price forecasts range from $20.00 to $65.00. On average, they predict the company's stock price to reach $47.25 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price.
View analysts price targets for STM or view top-rated stocks among Wall Street analysts.
How have STM shares performed in 2023?: STMicroelectronics' stock was trading at $35.57 at the start of the year. Since then, STM shares have increased by 21.3% and is now trading at $43.16.
View the best growth stocks for 2023 here.
When is STMicroelectronics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our STM earnings forecast.
How were STMicroelectronics' earnings last quarter?: STMicroelectronics (NYSE:STM) posted its quarterly earnings data on Thursday, July, 27th. The semiconductor producer reported $1.06 EPS for the quarter, missing analysts' consensus estimates of $1.10 by $0.04. The semiconductor producer earned $4.33 billion during the quarter, compared to analysts' expectations of $4.37 billion. STMicroelectronics had a net margin of 25.36% and a trailing twelve-month return on equity of 33.67%. STMicroelectronics's revenue for the quarter was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.92 earnings per share.
How often does STMicroelectronics pay dividends? What is the dividend yield for STMicroelectronics?: STMicroelectronics announced a quarterly dividend on Thursday, March 23rd. Investors of record on Tuesday, September 19th will be given a dividend of $0.06 per share on Tuesday, September 26th. This represents a $0.24 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend is Monday, September 18th.
Read our dividend analysis for STM.
What ETFs hold STMicroelectronics' stock?: ETFs with the largest weight of STMicroelectronics (NYSE:STM) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR), SPDR S&P Kensho Intelligent Structures ETF (SIMS), Columbia Seligman Semiconductor and Technology ETF (SEMI), VanEck Semiconductor ETF (SMH), Defiance Quantum ETF (QTUM), ProShares Metaverse ETF (VERS), iShares Semiconductor ETF (SOXX) and SPDR S&P Kensho Smart Mobility ETF (HAIL).
Is STMicroelectronics a good dividend stock?: STMicroelectronics (NYSE:STM) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.47%. The dividend payout ratio is 4.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STM will have a dividend payout ratio of 4.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STM.

What guidance has STMicroelectronics issued on next quarter's earnings?: STMicroelectronics issued an update on its third quarter 2023 earnings guidance on Thursday, July, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.38 billion-$4.38 billion, compared to the consensus revenue estimate of $4.35 billion.
What is Jean Marc Chery's approval rating as STMicroelectronics' CEO?: 72 employees have rated STMicroelectronics Chief Executive Officer Jean Marc Chery on Glassdoor.com. Jean Marc Chery has an approval rating of 91% among the company's employees. This puts Jean Marc Chery in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of STMicroelectronics own?: Based on aggregate information from My MarketBeat watchlists, some companies that other STMicroelectronics investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Athabasca Oil (ATH), Transocean (RIG) and Gran Tierra Energy (GTE).
What is STMicroelectronics' stock symbol?: STMicroelectronics trades on the New York Stock Exchange (NYSE) under the ticker symbol "STM."
How do I buy shares of STMicroelectronics?: Shares of STM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is STMicroelectronics' stock price today?: One share of STM stock can currently be purchased for approximately $43.16.
How much money does STMicroelectronics make?: STMicroelectronics (NYSE:STM) has a market capitalization of $39.20 billion and generates $16.13 billion in revenue each year. The semiconductor producer earns $3.96 billion in net income (profit) each year or $4.64 on an earnings per share basis.
How many employees does STMicroelectronics have?: The company employs 51,370 workers across the globe.
Does STMicroelectronics have any subsidiaries?: The following companies are subsidiares of STMicroelectronics: Alcatel Microelectronics, Atollic, BeSpoon, BeSpoon SAS, Cartesiam, Draupner Graphics, Electronic Holding S.A., Exagan, Exagan SAS, Exagan Taiwan Ltd., Faroudja Laboratories Inc., Genesis Microchip, INCARD S.A. en liquidation, Incard, Metaflow Technologies, Norstel, Proton World International, Proton World International N.V., Riot Micro, SOMOS, ST-Ericsson India Pvt Ltd, STMicroelectronics (Alps) SAS, STMicroelectronics (Beijing) R&D Co. Ltd, STMicroelectronics (Canada) Inc., STMicroelectronics (China) Investment Co. Ltd, STMicroelectronics (Crolles 2) SAS, STMicroelectronics (Grand Ouest) SAS, STMicroelectronics (Grenoble 2) SAS, STMicroelectronics (Malta) Ltd, STMicroelectronics (North America) Holding Inc., STMicroelectronics (Research & Development) Limited, STMicroelectronics (Rousset) SAS, STMicroelectronics (Shanghai) Co. Ltd, STMicroelectronics (Shenzhen) R&D Co. Ltd, STMicroelectronics (Thailand) Ltd, STMicroelectronics (Tours) SAS, STMicroelectronics A.B., STMicroelectronics A/S, STMicroelectronics Application GmbH, STMicroelectronics Asia Pacific Pte Ltd, STMicroelectronics Austria GmbH, STMicroelectronics Design and Application s.r.o., STMicroelectronics Egypt SSC, STMicroelectronics Finance B.V., STMicroelectronics Finance II N.V., STMicroelectronics Finland OY, STMicroelectronics GmbH, STMicroelectronics Iberia S.A., STMicroelectronics Inc., STMicroelectronics Inc., STMicroelectronics International N.V., STMicroelectronics KK, STMicroelectronics Limited, STMicroelectronics Ltd, STMicroelectronics Ltda, STMicroelectronics Marketing S. de R.L. de C.V., STMicroelectronics Marketing SDN BHD, STMicroelectronics PTY Ltd, STMicroelectronics Pte Ltd, STMicroelectronics Pvt Ltd, STMicroelectronics S.A., STMicroelectronics S.A.S. (Maroc), STMicroelectronics S.r.l., STMicroelectronics SDN BHD, STMicroelectronics Services S.r.l., STMicroelectronics Silicon Carbide A.B., STMicroelectronics Software A.B., STMicroelectronics Software Inc., STMicroelectronics d.o.o, Shenzhen STS Microelectronics Co. Ltd, South America Comércio de Cartões Inteligentes Ltda, Synad Technologies, Synad Technologies Limited, Wisebatt, and bTendo.
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How can I contact STMicroelectronics?: STMicroelectronics' mailing address is 39 CHEMIN DU CHAMP DES FILLES PLAN-LES-OUATES, GENEVA V8, 1228. The official website for the company is www.st.com. The semiconductor producer can be reached via phone at (122) 929-2929, via email at celine.berthier@st.com, or via fax at 41-22-929-2988.

This page (NYSE:STM) was last updated on 10/1/2023 by MarketBeat.com Staff

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