Wall Street Zen Upgrades STMicroelectronics (NYSE:STM) to “Buy”

STMicroelectronics (NYSE:STM) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

STM has been the subject of a number of other reports. Morgan Stanley reissued an “overweight” rating on shares of STMicroelectronics in a research note on Tuesday, June 30th. Mizuho decreased their price target on STMicroelectronics from $84.00 to $80.00 and set an “outperform” rating on the stock in a research note on Friday. Bank of America raised STMicroelectronics from a “neutral” rating to a “buy” rating and set a $100.00 price objective on the stock in a report on Wednesday, June 10th. Craig Hallum reiterated a “buy” rating and issued a $70.00 price objective on shares of STMicroelectronics in a research report on Thursday. Finally, Robert W. Baird set a $90.00 target price on STMicroelectronics in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, STMicroelectronics currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.89.

STMicroelectronics Trading Down 0.3%

Shares of STMicroelectronics stock opened at $51.39 on Friday. The firm has a market cap of $46.16 billion, a price-to-earnings ratio of 100.76 and a beta of 1.93. STMicroelectronics has a 52-week low of $21.11 and a 52-week high of $81.42. The company’s 50-day simple moving average is $70.12 and its 200-day simple moving average is $48.59. The company has a quick ratio of 2.08, a current ratio of 2.78 and a debt-to-equity ratio of 0.16.

STMicroelectronics (NYSE:STM) last announced its quarterly earnings data on Thursday, July 23rd. The semiconductor producer reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.05. STMicroelectronics had a net margin of 3.56% and a return on equity of 4.30%. The firm had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.46 billion. As a group, equities research analysts anticipate that STMicroelectronics will post 1.22 earnings per share for the current year.

Institutional Investors Weigh In On STMicroelectronics

Hedge funds and other institutional investors have recently modified their holdings of the stock. CIBC Private Wealth Group LLC grew its holdings in shares of STMicroelectronics by 3,746.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,000 shares of the semiconductor producer’s stock worth $26,000 after acquiring an additional 974 shares during the period. Portus Wealth Advisors LLC purchased a new position in STMicroelectronics in the 1st quarter valued at approximately $32,000. Public Employees Retirement System of Ohio acquired a new position in STMicroelectronics during the first quarter worth $45,000. Advisory Services Network LLC acquired a new position in STMicroelectronics during the third quarter worth $52,000. Finally, Brown Brothers Harriman & Co. boosted its position in STMicroelectronics by 350.4% during the fourth quarter. Brown Brothers Harriman & Co. now owns 2,680 shares of the semiconductor producer’s stock worth $70,000 after purchasing an additional 2,085 shares in the last quarter. 5.05% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting STMicroelectronics

Here are the key news stories impacting STMicroelectronics this week:

• Positive Sentiment: STMicroelectronics reported Q2 revenue of $3.49 billion and EPS of $0.31, both above analyst estimates, with results supported by stronger AI data-center and industrial demand. STMicroelectronics (STM) Q2 2026 Earnings Call Transcript
• Positive Sentiment: Management raised its AI data-center revenue ambitions, saying demand, backlog, and product mix are improving and pointing to higher revenue expectations for 2026 and 2027. SpaceX Supplier STMicroelectronics Hikes AI Data-Center Sales Goal Again
• Neutral Sentiment: Market commentary suggests investors are still weighing long-term AI upside against near-term execution issues and a recent pullback in the shares. STMicroelectronics (ENXTPA:STMPA) Stock May Be Below Fair Value On AI Revenue Ambitions
• Negative Sentiment: The company’s Q3 revenue guidance midpoint came in slightly below market expectations, fueling concerns that near-term growth may not match the enthusiasm around AI spending. STMicro’s Q3 revenue view slightly lags estimates even as chip demand recovers
• Negative Sentiment: Several reports noted that shares fell after the earnings release as investors focused on the softer outlook rather than the quarterly beat, with doubts also emerging about the durability of the AI spending boom. STMicroelectronics hit by doubts over AI spending boom

About STMicroelectronics

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.