STMicroelectronics (STM) Stock Forecast & Price Target

$33.98

+0.52 (+1.55%)

(As of 07/26/2024 ET)

STMicroelectronics - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for STMicroelectronics in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 4 have given a hold rating, and 6 have given a buy rating for STM.

Consensus Price Target

$43.56
28.17% Upside

High Forecast	$55.00
Average Forecast	$43.56
Low Forecast	$35.00

According to the 10 analysts' twelve-month price targets for STMicroelectronics, the average price target is $43.56. The highest price target for STM is $55.00, while the lowest price target for STM is $35.00. The average price target represents a forecasted upside of 28.17% from the current price of $33.99.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)	8 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$43.56	$49.76	$50.75	$53.50
Forecasted Upside	28.17% Upside	11.57% Upside	12.82% Upside	26.47% Upside

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STM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

STM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

STMicroelectronics Stock vs. The Competition

Type	STMicroelectronics	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.60	2.61	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	28.19% Upside	554.29% Upside	9.13% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/26/2024	TD Cowen 4 of 5 stars		Lower Target	Buy ➝ Buy	$50.00 ➝ $40.00	+19.51%
7/26/2024	Morgan Stanley 3 of 5 stars		Downgrade	Overweight ➝ Equal Weight
7/25/2024	Craig Hallum 4 of 5 stars		Lower Target	Buy ➝ Buy	$48.00 ➝ $42.00	+20.83%
6/18/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Duval Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$35.50 ➝ $45.80	+6.31%
4/26/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform
4/23/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
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4/8/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Positive ➝ Positive	$55.00	+29.63%
2/22/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
12/15/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
10/31/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Neutral	$50.00 ➝ $35.00	-7.09%
7/12/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Hold
2/16/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$45.00 ➝ $55.00	+10.49%
1/27/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$50.00 ➝ $56.00	+19.94%
1/17/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight
12/12/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Positive	$50.00	+30.75%
11/1/2022	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target		€71.00
10/28/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	€48.00 ➝ €45.00
8/1/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	€44.00 ➝ €52.00
7/29/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$44.00 ➝ $50.00	+32.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:48 AM ET.

STM Forecast - Frequently Asked Questions

What is STMicroelectronics' forecast for 2024?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for STMicroelectronics is $43.56, with a high forecast of $55.00 and a low forecast of $35.00.
Should I buy or sell STMicroelectronics stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for STMicroelectronics in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" STM shares.
Does STMicroelectronics's stock price have much upside?: According to analysts, STMicroelectronics's stock has a predicted upside of 13.79% based on their 12-month stock forecasts.
Has STMicroelectronics been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, STMicroelectronics's stock had 1 upgrade and 1 downgrade by analysts.
What analysts cover STMicroelectronics?: STMicroelectronics has been rated by research analysts at Craig Hallum, Morgan Stanley, TD Cowen, and The Goldman Sachs Group in the past 90 days.
Do Wall Street analysts like STMicroelectronics more than its competitors?: Analysts like STMicroelectronics less than other "computer and technology" companies. The consensus rating score for STMicroelectronics is 2.60 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how STM compares to other companies.