Summary:
- STMicroelectronics exceeds Q1 earnings forecasts despite a revenue dip.
- Analysts project a potential 26.62% upside for STM with an average price target of $27.58.
- GuruFocus estimates suggest a 35.08% upside based on GF Value.
Shares of STMicroelectronics (STM, Financial) surged by approximately 2% in premarket trading, following the company's announcement of first-quarter earnings that beat market expectations. Despite a 27.3% year-over-year decrease in net revenues, which totaled $2.52 billion, the results still surpassed analyst forecasts. Looking ahead, the company projects Q2 2025 revenues to reach $2.71 billion, slightly exceeding market projections, suggesting a positive outlook.
Wall Street Analysts' Forecast
According to evaluations from 12 analysts, the average one-year price target for STMicroelectronics NV (STM, Financial) is estimated at $27.58, with predictions ranging from a high of $37.30 to a low of $18.00. This average target reflects a potential upside of 26.62% from the current stock price of $21.78. For more detailed insights into these projections, visit the STMicroelectronics NV (STM) Forecast page.
The consensus from 13 brokerage firms sets the average recommendation for STMicroelectronics at 2.7, indicating a "Hold" status. This rating operates on a scale from 1 (Strong Buy) to 5 (Sell).
GuruFocus Valuation
Based on GuruFocus' estimates, the projected GF Value for STMicroelectronics NV (STM, Financial) in the upcoming year is $29.42. This suggests a potential upside of 35.08% from the current price of $21.78. The GF Value is an estimation of a stock's fair market value, derived from historical trading multiples, past business growth, and future performance forecasts. For further details, refer to the STMicroelectronics NV (STM) Summary page.
