ST Microelectronics (STM)
NYSE: STM · IEX Real-Time Price · USD
42.03
+2.05 (5.13%)
Apr 24, 2024, 3:28 PM EDT - Market open
ST Microelectronics Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for ST Microelectronics stock have an average target of 51.67, with a low estimate of 35 and a high estimate of 65. The average target predicts an increase of 22.94% from the current stock price of 42.03.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for STM stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +30.86% | Apr 8, 2024 |
| Baird | Baird | Buy → Hold Downgrades $50 → $35 | Buy → Hold | Downgrades | $50 → $35 | -16.73% | Oct 31, 2023 |
| Susquehanna | Susquehanna | Buy Maintains $65 → $55 | Buy | Maintains | $65 → $55 | +30.86% | Oct 24, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $56 → $65 | Buy | Maintains | $56 → $65 | +54.65% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
16.66B
from 17.29B
Decreased by -3.61%
Revenue Next Year
18.60B
from 16.66B
Increased by 11.61%
EPS This Year
3.18
from 4.46
Decreased by -28.72%
EPS Next Year
4.17
from 3.18
Increased by 31.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.5B | 20.2B | 22.9B | 24.1B | 25.3B |
| Avg | 16.7B | 18.6B | 20.2B | 22.1B | 23.5B |
| Low | 13.5B | 14.0B | 15.8B | 19.7B | 21.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.2% | 21.1% | 23.2% | 19.3% | 14.2% |
| Avg | -3.6% | 11.6% | 8.5% | 9.7% | 6.2% |
| Low | -21.9% | -16.0% | -15.0% | -2.1% | -4.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.20 | 5.81 | 6.80 | 6.16 |
| Avg | 3.18 | 4.17 | 4.89 | 5.56 |
| Low | 2.65 | 3.07 | 3.35 | 4.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -5.8% | 82.6% | 63.2% | 26.0% |
| Avg | -28.7% | 31.1% | 17.3% | 13.7% |
| Low | -40.7% | -3.4% | -19.6% | -1.2% |
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.