ST Microelectronics (STM)

NYSE: STM · IEX Real-Time Price · USD
40.37
+1.12 (2.85%)
At close: Jul 2, 2024, 4:00 PM
40.35
-0.02 (-0.05%)
After-hours: Jul 2, 2024, 7:37 PM EDT
2.85%
Market Cap 36.02B
Revenue (ttm) 16.50B
Net Income (ttm) 3.68B
Shares Out 892.34M
EPS (ttm) 3.90
PE Ratio 10.19
Forward PE 14.03
Dividend $0.36 (0.89%)
Ex-Dividend Date Mar 25, 2025
Volume 3,518,314
Open 39.47
Previous Close 39.25
Day's Range 39.40 - 40.38
52-Week Range 37.21 - 55.85
Beta 1.33
Analysts Buy
Price Target 50.20 (+24.35%)
Earnings Date Jul 25, 2024

About STM

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-spec... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Dec 8, 1994
Employees 51,323
Stock Exchange NYSE
Ticker Symbol STM
Full Company Profile

Financial Performance

In 2023, STM's revenue was $17.29 billion, an increase of 7.18% compared to the previous year's $16.13 billion. Earnings were $4.21 billion, an increase of 6.34%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for STM stock is "Buy." The 12-month stock price forecast is $50.2, which is an increase of 24.35% from the latest price.

Price Target
$50.2
(24.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mixel Announces Immediate Availability of MIPI C-PHY/D-PHY Combo IP on STMicroelectronics 40LP Process Technology

SAN JOSE, Calif.--(BUSINESS WIRE)-- #CPHY--Mixel achieves first time silicon success with its MIPI C-PHY/D-PHY Combo IP on STMicroelectronics 40LP Process Technology.

14 hours ago - Business Wire

STMicroelectronics Announces Status of Common Share Repurchase Program

STMicroelectronics Announces Status of Common Share Repurchase Program Disclosure of Transactions in Own Shares – Period from June 17, 2024 to June 19, 2024 AMSTERDAM – June 24, 2024 -- STMicroelectro...

8 days ago - GlobeNewsWire

STMicroelectronics Announces Completion of its 2021 Share Buy-back Programs and Launch of a new 3 Year $1,100 million Share Buy-Back Plan in 2024

PR N° C3267C STMicroelectronics Announces Completion of its 2021 Share Buy-back Programs and Launch of a new 3 Year $1,100 million Share Buy-Back Plan in 2024 AMSTERDAM – June 21st, 2024 -- STMicroele...

11 days ago - GlobeNewsWire

Geely Auto Gears up NEV Transformation and Innovation with Long-Term SiC Supply Agreement and Joint Lab with STMicroelectronics

Geely Auto Gears up NEV Transformation and Innovation with Long-Term SiC Supply Agreement and Joint Lab with STMicroelectronics

4 weeks ago - GlobeNewsWire

EU clears 2 bln Italian state aid for STMicroelectronics chip plant in Sicily

The European Commission on Friday approved Italian state aid measures worth 2 billion euros ($2.16 billion) to support chipmaker STMicroelectronics set up a new semiconductor manufacturing facility in...

4 weeks ago - Reuters

STMicroelectronics to build the world's first fully integrated silicon carbide facility in Italy

PR N° C3262C STMicroelectronics to build the world's first fully integrated silicon carbide facility in Italy New high-volume 200mm silicon carbide manufacturing facility for power devices and modules...

4 weeks ago - GlobeNewsWire

STMicroelectronics slashes guidance over slump in automotive industry

Swiss chipmaker STMicroelectronics on Thursday slashed its guidance for 2024, as the company warned a slump in the car market is set to hit its full-year sales.

2 months ago - Market Watch

STMicroelectronics Cuts Sales Outlook as Demand Slows

STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.

2 months ago - WSJ

STMicro cuts FY revenue outlook as slowing car demand bites

European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in order...

2 months ago - Reuters

STMicroelectronics Reports 2024 First Quarter Financial Results

PR No: C3254C STMicroelectronics Reports 2024 First Quarter Financial Results Q1 net revenues $3.47 billion; gross margin 41.7%; operating margin 15.9%; net income $513 million Q1 free cash flow 1 $(1...

2 months ago - GlobeNewsWire

ROHM Group Company SiCrystal and STMicroelectronics Expand Silicon Carbide Wafer Supply Agreement

ROHM Group Company SiCrystal and STMicroelectronics Expand Silicon Carbide Wafer Supply Agreement Kyoto, Japan and Geneva, Switzerland, April 22, 2024 – ROHM (TSE: 6963) and STMicroelectronics (NYSE: ...

2 months ago - GlobeNewsWire

STMicroelectronics Publishes 2024 Sustainability Report

STMicroelectronics Publishes 2024 Sustainability Report On track to become carbon neutral on scope 1 and 2, and partially scope 3, by 2027 with global sourcing of electricity from renewable energy gro...

2 months ago - GlobeNewsWire

STMicroelectronics and Centrica Energy sign long-term agreement for the supply of electricity produced from renewable sources in Italy

PR N°: C3249C STMicroelectronics and Centrica Energy sign long-term agreement for  the supply of electricity produced from renewable sources in Italy 10-year contract for energy produced by a new sola...

2 months ago - GlobeNewsWire

STMicroelectronics Announces Timing for First Quarter 2024 Earnings Release and Conference Call

STMicroelectronics Announces Timing for First Quarter 2024 Earnings Release and Conference Call Geneva – April 4, 2024 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers...

3 months ago - GlobeNewsWire

Macronix OctaFlash Provides High-Performance Memory for New STMicroelectronics STM32H7R/S MCU Platform

1Gb OctaFlash™ Memory Enables Real-time Execution-In-Place, 3D-like GUI Experience in STM32H7S8 Discovery Kit HSINCHU, April 3, 2024 /PRNewswire/ -- Macronix International Co., Ltd. (TSE: 2337), a lea...

3 months ago - PRNewsWire

STMicroelectronics helps Panasonic Cycle Technology bring AI to e-assisted bikes for affordable safety boost

STMicroelectronics helps Panasonic Cycle Technology bring AI to e-assisted bikes for affordable safety boost

3 months ago - GlobeNewsWire

STMicroelectronics Reports on Resolutions to be Proposed at the 2024 Annual General Meeting of Shareholders

STMicroelectronics Reports on Resolutions to be Proposed at the 2024 Annual General Meeting of Shareholders

3 months ago - GlobeNewsWire

STMicroelectronics breaks the 20nm barrier for cost-competitive next-generation microcontrollers

STMicroelectronics breaks the 20nm barrier for cost-competitive next-generation microcontrollers

3 months ago - GlobeNewsWire

STMicroelectronics reveals advanced ultra-low-power STM32 microcontrollers for industrial, medical, smart-metering, and consumer applications

STMicroelectronics reveals advanced ultra-low-power STM32 microcontrollers for industrial, medical, smart-metering, and consumer applications

3 months ago - GlobeNewsWire

STMicroelectronics CEO says China is a growth market despite US chip war

China remains an important growth market for French-Italian semiconductor STMicroelectronics, despite increasing tensions with the U.S. over semiconductors, the company's chief executive said on Tuesd...

4 months ago - Reuters

STMicroelectronics' high-performance microcontrollers pave the way to new innovations in smart home and industrial systems

STMicroelectronics' high-performance microcontrollers pave the way to new innovations in smart home and industrial systems

4 months ago - GlobeNewsWire

STMicroelectronics powers up the intelligent edge with second-generation STM32 microprocessors, bringing performance boost and industrial resilience

STMicroelectronics powers up the intelligent edge with second-generation STM32 microprocessors, bringing performance boost and industrial resilience

4 months ago - GlobeNewsWire

STMicroelectronics reveals high-performance, state-of-the-art wireless microcontrollers ready for incoming cyber-protection regulations

STMicroelectronics reveals high-performance, state-of-the-art wireless microcontrollers ready for incoming cyber-protection regulations

4 months ago - GlobeNewsWire

Fibocom Collaborates with STMicroelectronics to Debut Smart Home Solution at MWC Barcelona 2024

Fibocom collaborates with STMicroelectronics to deliver the industry-leading smart home solution by integrating Microcontroller Unit (MCU) STM32WB55 of ST and the Matter-compatible 5G module FG370 of ...

4 months ago - PRNewsWire

STMicroelectronics Publishes its 2023 Annual Report Form 20-F

STMicroelectronics Publishes its 2023 Annual Report Form 20-F Geneva, February 22, 2024 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electro...

4 months ago - GlobeNewsWire