STMicroelectronics (STM) Stock Forecast & Price Target

$25.40 -0.18 (-0.70%)

(As of 11/27/2024 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

Moderate Buy

Based on 12 Analyst Ratings

Sell
1

Hold
3

Buy
8

Based on 12 Wall Street analysts who have issued ratings for STMicroelectronics in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 1 has given a sell rating, 3 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for STM.

Consensus Price Target

$37.63
48.19% Upside

According to the 12 analysts' twelve-month price targets for STMicroelectronics, the average price target is $37.63. The highest price target for STM is $45.80, while the lowest price target for STM is $30.00. The average price target represents a forecasted upside of 48.19% from the current price of $25.40.

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STM Analyst Ratings Over Time

Type	Current Forecast 11/28/23 to 11/27/24	1 Month Ago 10/29/23 to 10/28/24	3 Months Ago 8/30/23 to 8/29/24	1 Year Ago 11/28/22 to 11/28/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)	8 Buy rating(s)
Hold	3 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$37.63	$39.80	$43.13	$53.00
Forecasted Upside	48.19% Upside	39.40% Upside	38.40% Upside	15.90% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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.

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.

STMicroelectronics Stock vs. The Competition

Type	STMicroelectronics	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.67	2.68	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	49.87% Upside	280.48% Upside	6.30% Upside
News Sentiment Rating	Neutral News See Recent STM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/21/2024	Susquehanna 2 of 5 stars		Reiterated Rating	Positive ➝ Positive	$33.00 ➝ $33.00	+34.67%
11/4/2024	Morgan Stanley 3 of 5 stars		Downgrade	Equal Weight ➝ Underweight
11/1/2024	Robert W. Baird 2 of 5 stars		Lower Target	Neutral ➝ Neutral	$35.00 ➝ $30.00	+12.44%
10/31/2024	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$42.00 ➝ $36.00	+32.69%
10/10/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Gardiner Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/30/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$54.00 ➝ $41.00	+25.04%
Get the Latest News and Ratings for STM and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for STMicroelectronics and its competitors with MarketBeat's FREE daily newsletter.
7/26/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$50.00 ➝ $40.00	+19.51%
6/18/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Duval Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$35.50 ➝ $45.80	+6.31%
4/26/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform
4/23/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
2/22/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
12/15/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
7/12/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Hold
1/27/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$50.00 ➝ $56.00	+19.94%
1/17/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight
12/12/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Positive	$50.00	+30.75%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:32 PM ET.

Should I Buy STMicroelectronics Stock? STM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 25, 2024. Please send any questions or comments about these STMicroelectronics pros and cons to contact@marketbeat.com.

STMicroelectronics
Bull Case

Here are some ways that investors could benefit from investing in STMicroelectronics:

STMicroelectronics has recently reported earnings per share (EPS) of $0.37, exceeding analysts' expectations, which indicates strong financial performance and potential for growth.
The company has a solid market capitalization of approximately $23.38 billion, suggesting stability and a significant presence in the semiconductor industry.
With a current stock price of $25.88, the shares are trading below their 12-month high of $51.27, presenting a potential buying opportunity for investors looking for undervalued stocks.
STMicroelectronics has a low debt-to-equity ratio of 0.12, indicating a strong balance sheet and lower financial risk, which is attractive for conservative investors.
The company has declared a quarterly dividend of $0.09 per share, translating to an annualized yield of approximately 1.39%, providing income to shareholders.

STMicroelectronics
Bear Case

Investors should be bearish about investing in STMicroelectronics for these reasons:

The stock has experienced a decline of 4.7% recently, which may indicate underlying issues or market volatility that could affect future performance.
Revenue for the latest quarter was reported at $3.25 billion, down 26.6% year-over-year, suggesting challenges in maintaining sales growth in a competitive market.
Analysts have recently lowered their price targets for the stock, with a consensus target of $37.63, which may reflect a cautious outlook on the company's future performance.
The company has a relatively high P/E ratio of 10.60, which could indicate that the stock is overvalued compared to its earnings, making it less attractive for value investors.
STMicroelectronics has a beta of 1.57, indicating higher volatility compared to the market, which may pose risks for risk-averse investors.

STM Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for STMicroelectronics is $37.63, with a high forecast of $45.80 and a low forecast of $30.00.
: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for STMicroelectronics in the last year. There is currently 1 sell rating, 3 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" STM shares.
: According to analysts, STMicroelectronics's stock has a predicted upside of 48.19% based on their 12-month stock forecasts.
: Over the previous 90 days, STMicroelectronics's stock had 1 upgrade and 1 downgrade by analysts.
: STMicroelectronics has been rated by research analysts at Citigroup, Craig Hallum, Morgan Stanley, Robert W. Baird, and Susquehanna in the past 90 days.
: Analysts like STMicroelectronics less than other "computer and technology" companies. The consensus rating score for STMicroelectronics is 2.67 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how STM compares to other companies.

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This page (NYSE:STM) was last updated on 11/27/2024 by MarketBeat.com Staff

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STMicroelectronics (STM) Stock Forecast & Price Target