STMicroelectronics N.V. (NYSE:STM) Sees Large Growth in Short Interest

STMicroelectronics N.V. (NYSE:STM) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 14,610,000 shares, a growth of 122.0% from the August 31st total of 6,580,000 shares. Approximately 1.6% of the shares of the company are sold short. Based on an average daily volume of 7,290,000 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily volume of 7,290,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.6% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

A number of research firms recently commented on STM. BNP Paribas Exane raised shares of STMicroelectronics from a “neutral” rating to an “outperform” rating and set a $31.00 price target on the stock in a research report on Thursday, September 4th. The Goldman Sachs Group set a $26.50 target price on shares of STMicroelectronics and gave the company a “neutral” rating in a report on Friday, July 25th. Baird R W raised shares of STMicroelectronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 22nd. Citigroup reaffirmed a “buy” rating on shares of STMicroelectronics in a report on Thursday, September 4th. Finally, Susquehanna lifted their target price on shares of STMicroelectronics from $30.00 to $40.00 and gave the stock a “positive” rating in a research report on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $32.06.

Institutional Trading of STMicroelectronics

Several institutional investors have recently made changes to their positions in STM. Rothschild Investment LLC grew its stake in shares of STMicroelectronics by 248.4% in the 2nd quarter. Rothschild Investment LLC now owns 1,303 shares of the semiconductor producer’s stock worth $40,000 after acquiring an additional 929 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in STMicroelectronics by 139.6% during the first quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer’s stock valued at $41,000 after purchasing an additional 1,085 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in STMicroelectronics by 63.1% during the first quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer’s stock valued at $48,000 after purchasing an additional 838 shares during the last quarter. AlphaCore Capital LLC purchased a new stake in shares of STMicroelectronics in the second quarter worth about $57,000. Finally, IFP Advisors Inc lifted its holdings in shares of STMicroelectronics by 85.4% in 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.

STMicroelectronics Trading Down 0.3%

STM opened at $28.80 on Monday. The company has a market cap of $25.86 billion, a P/E ratio of 41.73, a price-to-earnings-growth ratio of 5.90 and a beta of 1.66. The company has a fifty day moving average price of $26.72 and a two-hundred day moving average price of $26.21. The company has a current ratio of 2.74, a quick ratio of 1.96 and a debt-to-equity ratio of 0.11. STMicroelectronics has a 1-year low of $17.25 and a 1-year high of $33.47.

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

STMicroelectronics Company Profile

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.