STMicroelectronics (NYSE:STM) Upgraded to Outperform at BNP Paribas

STMicroelectronics (NYSE:STM) was upgraded by equities research analysts at BNP Paribas from a “hold” rating to an “outperform” rating in a report issued on Thursday, Marketbeat Ratings reports.

A number of other equities research analysts also recently weighed in on the stock. Craig Hallum downgraded shares of STMicroelectronics from a “buy” rating to a “hold” rating and set a $28.00 price target for the company. in a research report on Thursday, July 24th. Oddo Bhf upgraded shares of STMicroelectronics to an “outperform” rating in a research report on Wednesday, July 2nd. TD Cowen dropped their price target on shares of STMicroelectronics from $34.00 to $27.00 and set a “hold” rating for the company in a research report on Friday, July 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of STMicroelectronics in a research report on Friday, July 25th. Finally, The Goldman Sachs Group set a $26.50 price target on shares of STMicroelectronics and gave the company a “neutral” rating in a research report on Friday, July 25th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.06.

STMicroelectronics Trading Up 1.4%

Shares of STM stock opened at $26.82 on Thursday. The company has a quick ratio of 1.96, a current ratio of 2.74 and a debt-to-equity ratio of 0.11. STMicroelectronics has a 12-month low of $17.25 and a 12-month high of $33.47. The firm has a 50 day moving average price of $28.25 and a two-hundred day moving average price of $25.89. The company has a market capitalization of $24.09 billion, a PE ratio of 38.87, a price-to-earnings-growth ratio of 4.22 and a beta of 1.62.

STMicroelectronics (NYSE:STM) last released its quarterly earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). STMicroelectronics had a net margin of 5.49% and a return on equity of 4.55%. The business had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. As a group, analysts predict that STMicroelectronics will post 0.85 earnings per share for the current year.

Institutional Trading of STMicroelectronics

A number of hedge funds and other institutional investors have recently modified their holdings of STM. Rothschild Investment LLC increased its holdings in shares of STMicroelectronics by 248.4% during the second quarter. Rothschild Investment LLC now owns 1,303 shares of the semiconductor producer’s stock worth $40,000 after buying an additional 929 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of STMicroelectronics by 139.6% during the first quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer’s stock worth $41,000 after buying an additional 1,085 shares in the last quarter. AlphaCore Capital LLC acquired a new position in shares of STMicroelectronics during the second quarter worth $57,000. Smartleaf Asset Management LLC increased its holdings in shares of STMicroelectronics by 63.1% during the first quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer’s stock worth $48,000 after buying an additional 838 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of STMicroelectronics by 85.4% during the second quarter. IFP Advisors Inc now owns 2,269 shares of the semiconductor producer’s stock worth $69,000 after buying an additional 1,045 shares in the last quarter. Institutional investors own 5.05% of the company’s stock.

About STMicroelectronics

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.