- STMicroelectronics (STM, Financial) anticipates a significant earnings drop with its Q1 report on April 24.
- Analyst projections suggest a substantial potential upside for STM shares.
- GuruFocus estimates indicate that STM is undervalued based on its GF Value.
STMicroelectronics (STM) is set to unveil its first-quarter earnings on April 24. The company anticipates an earnings per share (EPS) of $0.05, marking a dramatic decline of 90.7% from the previous year. Revenue is also expected to decrease by 27.7%, coming in at $2.51 billion. Despite recent downward revisions, STMicroelectronics has historically exceeded estimates 75% of the time, making this release highly anticipated among investors.
Wall Street Analysts Forecast
Turning to analyst insights, 12 experts have provided a one-year price target for STMicroelectronics NV (STM, Financial), with an average target price of $27.58. This suggests a potential upside of 26.10% compared to its current trading price of $21.87. Individual projections range widely, with a high estimate of $37.30 and a low of $18.00. For further detailed estimates, visit the STMicroelectronics NV (STM) Forecast page.
Current consensus from 13 brokerage firms sets STMicroelectronics NV's (STM, Financial) average recommendation at 2.7, indicating a "Hold" position. The rating scale varies from 1 (Strong Buy) to 5 (Sell), providing a nuanced view of analyst sentiment.
According to GuruFocus estimates, the projected GF Value for STMicroelectronics NV (STM, Financial) is $29.42 in one year. This GF Value suggests an upside of 34.52% from the current share price of $21.87. The GF Value represents GuruFocus' estimation of the stock's fair trading value, calculated based on historical trading multiples, past growth, and future business performance predictions. For a comprehensive overview, refer to the STMicroelectronics NV (STM) Summary page.
