TD Cowen Increases STMicroelectronics (NYSE:STM) Price Target to $50.00

STMicroelectronics (NYSE:STM) had its target price upped by analysts at TD Cowen from $39.00 to $50.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the semiconductor producer’s stock. TD Cowen’s price target indicates a potential downside of 2.94% from the stock’s previous close.

Several other equities analysts have also weighed in on STM. Robert W. Baird set a $90.00 price objective on STMicroelectronics in a report on Friday. Mizuho set a $48.00 target price on STMicroelectronics and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Craig Hallum upgraded STMicroelectronics from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Thursday. Morgan Stanley upgraded STMicroelectronics from an “equal weight” rating to an “overweight” rating in a research report on Thursday, March 26th. Finally, Weiss Ratings downgraded STMicroelectronics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 6th. Ten analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $49.07.

STMicroelectronics Stock Performance

NYSE STM traded up $1.81 on Friday, hitting $51.52. 8,600,829 shares of the stock traded hands, compared to its average volume of 8,985,064. The business’s fifty day moving average is $35.52 and its two-hundred day moving average is $29.74. STMicroelectronics has a 12 month low of $21.11 and a 12 month high of $51.60. The firm has a market capitalization of $46.27 billion, a price-to-earnings ratio of 285.85 and a beta of 1.51. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.43 and a current ratio of 3.36.

STMicroelectronics (NYSE:STM) last announced its quarterly earnings data on Thursday, April 23rd. The semiconductor producer reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.06). STMicroelectronics had a net margin of 1.41% and a return on equity of 2.70%. The firm had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.11 billion. As a group, equities analysts anticipate that STMicroelectronics will post 1.19 EPS for the current fiscal year.

Institutional Investors Weigh In On STMicroelectronics

Institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its position in shares of STMicroelectronics by 19.1% in the third quarter. JPMorgan Chase & Co. now owns 3,990,874 shares of the semiconductor producer’s stock worth $112,782,000 after buying an additional 641,327 shares in the last quarter. ABC Arbitrage SA raised its position in shares of STMicroelectronics by 378.6% in the third quarter. ABC Arbitrage SA now owns 620,238 shares of the semiconductor producer’s stock worth $17,528,000 after buying an additional 490,652 shares in the last quarter. Ingalls & Snyder LLC raised its position in shares of STMicroelectronics by 38.1% in the third quarter. Ingalls & Snyder LLC now owns 337,427 shares of the semiconductor producer’s stock worth $9,536,000 after buying an additional 93,111 shares in the last quarter. Penserra Capital Management LLC raised its position in shares of STMicroelectronics by 43.4% in the third quarter. Penserra Capital Management LLC now owns 927,695 shares of the semiconductor producer’s stock worth $26,216,000 after buying an additional 280,615 shares in the last quarter. Finally, Hardman Johnston Global Advisors LLC purchased a new stake in shares of STMicroelectronics in the third quarter worth $10,924,000. Hedge funds and other institutional investors own 5.05% of the company’s stock.

Key Stories Impacting STMicroelectronics

Here are the key news stories impacting STMicroelectronics this week:

• Positive Sentiment: Strong revenue growth and upbeat outlook: STM reported q/q and y/y revenue strength and gave a bullish Q2 revenue midpoint (roughly $3.45B) and an upbeat outlook that helped push the shares to multi-year highs. Read More.
• Positive Sentiment: Strategic M&A and cloud partnerships to expand AI and sensor exposure: ST agreed to buy NXP’s MEMS sensor business and deepened a multi?year collaboration with AWS to target sensors and AI data-center demand — moves that extend TAM and end-market leverage. Read More.
• Positive Sentiment: Bullish market activity and analyst support: Large call buying (30,839 calls) and a Craig-Hallum upgrade to Buy ($58 PT) reflect speculative and institutional bullish interest that can amplify upward price momentum. Read More.
• Neutral Sentiment: Investor materials and investor events: STM posted its Q1 slide deck and will host an investor webcast on the LEO opportunity (May 4), giving analysts more detail on strategy and growth drivers — useful for medium-term visibility but not immediate cash impact. Read More. • Read More.
• Neutral Sentiment: Mixed reporting/interpretation of results: Some outlets framed Q1 as “above expectations” on revenue growth while others highlighted the EPS miss; investors should read the company release and slides for the non-GAAP vs. GAAP reconciliation. Read More.
• Negative Sentiment: EPS miss and margin/cash-flow pressure: STM earned $0.13 EPS vs. consensus ~$0.19 and reported modest GAAP operating income after PPA charges from the NXP deal; management flagged margin and cash?flow impacts (PPA and integration costs). These factors temper near-term profitability even as revenue rises. Read More.
• Negative Sentiment: Thin current net margins and high valuation: Q1 GAAP net margin and ROE remain low (net margin ~1.4% reported), and STM trades at a high P/E reflecting strong growth expectations — leaving stock sensitive to any execution or margin shortfalls. Read More.

STMicroelectronics Company Profile

STMicroelectronics is a global semiconductor company headquartered in Geneva, Switzerland, formed through the 1987 merger of SGS Microelettronica and Thomson Semiconducteurs. The company designs, develops and manufactures a broad range of semiconductor products and solutions that serve multiple end markets worldwide. ST’s offerings span from basic components to integrated systems, emphasizing energy-efficient and high-performance devices for modern electronics.

Product categories include microcontrollers (notably the widely used STM32 family), analog and mixed-signal ICs, power MOSFETs and power-management devices, MEMS and sensors, image sensors, and discrete semiconductors.