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
ST Microelectronics Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ST Microelectronics stock have an average target of 50.2, with a low estimate of 35 and a high estimate of 65. The average target predicts an increase of 24.35% from the current stock price of 40.37.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for STM stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Sell → Hold Upgrades $36 → $46 | Strong Sell → Hold | Upgrades | $36 → $46 | +13.45% | Jun 18, 2024 |
| Berenberg | Berenberg | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Apr 23, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $55 | Buy | Maintains | $55 | +36.24% | Apr 8, 2024 |
| Baird | Baird | Buy → Hold Downgrades $50 → $35 | Buy → Hold | Downgrades | $50 → $35 | -13.30% | Oct 31, 2023 |
| Susquehanna | Susquehanna | Buy Maintains $65 → $55 | Buy | Maintains | $65 → $55 | +36.24% | Oct 24, 2023 |
Financial Forecast
Revenue This Year
14.83B
from 17.29B
Decreased by -14.21%
Revenue Next Year
17.13B
from 14.83B
Increased by 15.54%
EPS This Year
2.25
from 4.46
Decreased by -49.64%
EPS Next Year
3.31
from 2.25
Increased by 47.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.5B | 19.1B | 22.3B | 20.7B | 21.6B |
| Avg | 14.8B | 17.1B | 19.0B | 20.3B | 21.2B |
| Low | 12.8B | 13.6B | 14.3B | 19.3B | 20.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -10.4% | 28.6% | 30.4% | 9.0% | 6.6% |
| Avg | -14.2% | 15.5% | 10.8% | 7.0% | 4.6% |
| Low | -26.1% | -8.4% | -16.5% | 1.8% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.53 | 4.56 | 5.62 | 4.46 | 4.94 |
| Avg | 2.25 | 3.31 | 4.13 | 4.38 | 4.84 |
| Low | 2.00 | 2.34 | 2.89 | 4.17 | 4.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -43.3% | 103.2% | 70.0% | 8.2% | 12.7% |
| Avg | -49.6% | 47.3% | 24.7% | 6.1% | 10.6% |
| Low | -55.1% | 4.3% | -12.6% | 1.0% | 5.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.