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STMicroelectronics (STM) Stock Forecast & Price Target

$42.41
+1.29 (+3.14%)
(As of 07/5/2024 ET)

STMicroelectronics - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$49.76
17.33% Upside
High Forecast$65.00
Average Forecast$49.76
Low Forecast$35.00
TypeCurrent Forecast
7/7/23 to 7/6/24
1 Month Ago
6/7/23 to 6/6/24
3 Months Ago
4/8/23 to 4/7/24
1 Year Ago
7/7/22 to 7/7/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
8 Buy rating(s)
Hold
4 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$49.76$50.75$50.75$53.50
Forecasted Upside17.33% Upside12.82% Upside14.62% Upside26.47% Upside

STM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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STM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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STMicroelectronics Stock vs. The Competition

TypeSTMicroelectronicsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.64
2.61
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside17.33% Upside225.83% Upside12.26% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/18/2024The Goldman Sachs Group
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A. Duval
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UpgradeSell ➝ Neutral$35.50 ➝ $45.80+6.31%
4/26/2024William Blair
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 Reiterated RatingMarket Perform
4/23/2024Berenberg Bank
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 UpgradeHold ➝ Buy
4/8/2024Susquehanna
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 Reiterated RatingPositive ➝ Positive$55.00+29.63%
2/22/2024HSBC
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 Initiated CoverageBuy
1/25/2024Craig Hallum
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 Lower TargetBuy$50.00 ➝ $48.00+4.38%
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12/15/2023UBS Group
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 UpgradeNeutral ➝ Buy
11/1/2023Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight
10/31/2023Robert W. Baird
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 Reiterated RatingOutperform ➝ Neutral$50.00 ➝ $35.00-7.09%
7/28/2023TD Cowen
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 Boost TargetOutperform$56.00 ➝ $65.00+20.73%
7/12/2023Jefferies Financial Group
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 UpgradeUnderperform ➝ Hold
2/16/2023Sanford C. Bernstein
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 Boost Target$45.00 ➝ $55.00+10.49%
1/27/2023Cowen
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 Boost TargetOutperform$50.00 ➝ $56.00+19.94%
1/17/2023Barclays
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 Initiated CoverageOverweight
12/12/2022Susquehanna Bancshares
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 Initiated CoveragePositive$50.00+30.75%
11/1/2022Societe Generale
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 Set Target€71.00
10/28/2022Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy€48.00 ➝ €45.00
8/1/2022Citigroup
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 Boost TargetBuy ➝ Buy€44.00 ➝ €52.00
7/29/2022Cowen
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 Boost Target$44.00 ➝ $50.00+32.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:40 AM ET.

STM Forecast - Frequently Asked Questions

What is STMicroelectronics' forecast for 2024?

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for STMicroelectronics is $49.76, with a high forecast of $65.00 and a low forecast of $35.00.

Should I buy or sell STMicroelectronics stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for STMicroelectronics in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" STM shares.

Does STMicroelectronics's stock price have much upside?

According to analysts, STMicroelectronics's stock has a predicted upside of 11.57% based on their 12-month stock forecasts.

Has STMicroelectronics been upgraded by Wall Street analysts recently?

Over the previous 90 days, STMicroelectronics's stock had 2 upgrades by analysts.

What analysts cover STMicroelectronics?

STMicroelectronics has been rated by research analysts at Berenberg Bank, Susquehanna, The Goldman Sachs Group, and William Blair in the past 90 days.

Do Wall Street analysts like STMicroelectronics more than its competitors?

Analysts like STMicroelectronics more than other "computer and technology" companies. The consensus rating score for STMicroelectronics is 2.64 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how STM compares to other companies.


This page (NYSE:STM) was last updated on 7/6/2024 by MarketBeat.com Staff

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