ST Microelectronics (STM)

NYSE: STM · IEX Real-Time Price · USD
33.99
+0.52 (1.55%)
Jul 26, 2024, 4:00 PM EDT - Market closed
1.55%
Market Cap 30.41B
Revenue (ttm) 15.41B
Net Income (ttm) 3.03B
Shares Out 894.72M
EPS (ttm) 3.22
PE Ratio 10.43
Forward PE 14.03
Dividend $0.36 (1.06%)
Ex-Dividend Date Mar 25, 2025
Volume 5,583,716
Open 33.39
Previous Close 33.47
Day's Range 33.16 - 33.99
52-Week Range 33.16 - 53.96
Beta 1.32
Analysts Buy
Price Target 43.56 (+28.16%)
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 $3.99 billion, a decrease of -7.82%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for STM stock is "Buy." The 12-month stock price forecast is $43.56, which is an increase of 28.16% from the latest price.

Price Target
$43.56
(28.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of STMicroelectronics N.V. - STM

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of STMicroelectronics N.V. (“ST” or the “Company”) (NYSE: STM).   Such investors are advised to...

1 hour ago - GlobeNewsWire

Levi & Korsinsky Reminds STMicroelectronics Investors of the Ongoing Investigation into Potential Violations of Securities Laws - STM

NEW YORK, NY / ACCESSWIRE / July 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of STMicroelectronics N.V. ("STMicroelectronics") (NYSE:STM) concerning possible ...

9 hours ago - Accesswire

STMicroelectronics N.V. (STM) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK, NY / ACCESSWIRE / July 26, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of STMicroelectronics N.V. ("ST" or "the Company") (NYSE:STM).

10 hours ago - Accesswire

Morgan Stanley downgrades STMicroelectronics after weak Q2 results: Should you Sell or Hold?

STMicroelectronics NV (NYSE: STM) experienced a significant drop in its stock price yesterday, falling over 15% after reporting mixed Q2 earnings and slashing its 2024 revenue outlook again. The compa...

11 hours ago - Invezz

STM ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you lost money on your STMicroelectronics N.V. investment

NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of STMicroelectronics N.V. ("STMicroelectronics") (NYSE:STM) concerning possible ...

1 day ago - Accesswire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of STMicroelectronics N.V. - STM

NEW YORK , July 25, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of STMicroelectronics N.V. ("ST" or the "Company") (NYSE: STM).

1 day ago - PRNewsWire

Levi & Korsinsky Announces an Investigation on Behalf of STMicroelectronics N.V. (STM) Shareholders Who May Have Been Affected by Fraud

NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of STMicroelectronics N.V. ("STMicroelectronics") (NYSE:STM) concerning possible ...

1 day ago - Accesswire

Ford Posts Downbeat Earnings, Joins MaxLinear, STMicroelectronics And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were lower this morning, with the Nasdaq futures dipping around 0.5% on Thursday.

Other symbols: FMXL
1 day ago - Benzinga

Johnson Fistel Announces it has Initiated a Class Action Investigation into STMicroelectronics

SAN DIEGO, July 25, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether STMicroelectronics N.V. (NYSE: STM) or any of its executive officers or others vio...

1 day ago - GlobeNewsWire

STMicroelectronics cuts full-year outlook for second time

Franco-Italian chipmaker STMicroelectronics (STM) on Thursday cut its full-year revenues guidance for the second time this year as industrial customer orders did not improve and automotive demand decl...

1 day ago - Reuters

STMicroelectronics Reports 2024 Second Quarter Financial Results

STMicroelectronics Reports 2024 Second Quarter Financial Results Q2 net revenues $3.23 billion; gross margin 40.1%; operating margin 11.6%; net income $353 million H1 net revenues $6.70 billion; gross...

1 day ago - GlobeNewsWire

STMicroelectronics Announces Status of Common Share Repurchase Program

STMicroelectronics Announces Status of Common Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Jul 15, 2024 to Jul 19, 2024 AMSTERDAM – July 22, 2024 -- STMicroelectroni...

4 days ago - GlobeNewsWire

2 of the Best Undervalued Stocks to Buy in a Top-Performing Sector

#Morningstar, #TechStocks, #StockInvesting These overlooked stocks in a hot sector may not fly under the radar for much longer. 00:00 Introduction 00:28 Fortinet FTNT 01:12 STMicroelectronics STM Susa...

Other symbols: FTNT
10 days ago - Morningstar

STMicroelectronics: STMicroelectronics Announces Status of Common Share Repurchase Program

PR N°C3270C STMicroelectronics Announces Status of Common Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Jul 01, 2024 to Jul 05, 2024 AMSTERDAM – July 8, 2024 -- STMic...

18 days ago - GlobeNewsWire

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

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

22 days ago - GlobeNewsWire

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.

24 days ago - Business Wire

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...

5 weeks 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

7 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...

2 months 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...

2 months 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.

3 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.

3 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...

3 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...

3 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: ...

3 months ago - GlobeNewsWire