ST Microelectronics (STM)
NYSE: STM · IEX Real-Time Price · USD
41.89
+0.19 (0.46%)
May 24, 2024, 4:00 PM EDT - Market closed

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 23.35% from the current stock price of 41.89.

Analyst Consensus: Buy
Target Low Average Median High
Price $35 $51.67 $55 $65
Change -16.45% +23.35% +31.30% +55.17%
* Price targets were last updated on Apr 8, 2024.

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 Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 111111
Buy 222222
Hold 333322
Sell 000000
Strong Sell 111100
Total 777755

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Berenberg
Berenberg
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Apr 23, 2024
Susquehanna
Susquehanna
Buy
Maintains
$55
Buy Maintains $55 +31.30% Apr 8, 2024
Baird
Baird
Hold
Downgrades
$50$35
Hold Downgrades $50$35 -16.45% Oct 31, 2023
Susquehanna
Susquehanna
Buy
Maintains
$65$55
Buy Maintains $65$55 +31.30% Oct 24, 2023
TD Cowen
TD Cowen
Buy
Maintains
$56$65
Buy Maintains $56$65 +55.17% Jul 28, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
14.93B
from 17.29B
Decreased by -13.64%
Revenue Next Year
17.19B
from 14.93B
Increased by 15.12%
EPS This Year
2.31
from 4.46
Decreased by -48.12%
EPS Next Year
3.34
from 2.31
Increased by 44.46%
Year 2019202020212022202320242025202620272028
Revenue
9.56B10.22B12.76B16.13B17.29B14.93B17.19B19.02B20.23B21.27B
Revenue Growth
-1.12%6.94%24.88%26.39%7.18%-13.64%15.12%10.67%6.36%5.13%
EPS
1.141.202.164.194.462.313.344.164.384.84
EPS Growth
-19.15%5.26%80.00%93.98%6.44%-48.12%44.46%24.48%5.21%10.59%
No. Analysts -----24242144
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 17.2B 19.1B 22.3B 20.7B 21.7B
Avg 14.9B 17.2B 19.0B 20.2B 21.3B
Low 12.8B 13.6B 14.3B 19.2B 20.2B

Revenue Growth

Revenue Growth 20242025202620272028
High
-0.2%
27.8%
30.0%
8.8%
7.3%
Avg
-13.6%
15.1%
10.7%
6.4%
5.1%
Low
-26.1%
-9.0%
-16.7%
0.8%
-0.1%

EPS Forecast

EPS 20242025202620272028
High 3.20 4.56 5.62 4.46 4.94
Avg 2.31 3.34 4.16 4.38 4.84
Low 2.00 2.34 2.89 4.17 4.61

EPS Growth

EPS Growth 20242025202620272028
High
-28.2%
97.3%
68.2%
7.2%
12.7%
Avg
-48.1%
44.5%
24.5%
5.2%
10.6%
Low
-55.1%
1.2%
-13.5%
0.1%
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.