STMicroelectronics is a global semiconductor company that designs and manufactures a wide range of integrated circuits and components for various applications across multiple industries
The company focuses on innovation in areas such as automotive, industrial, personal electronics, and the Internet of Things (IoT). With a commitment to sustainability and advanced technology, STMicroelectronics develops solutions that enhance connectivity, efficiency, and performance in electronic devices. Their extensive product portfolio includes microcontrollers, sensors, power management devices, and RF components, catering to the evolving needs of customers worldwide.
Bernstein analyst Sara Russo downgraded STMicroelectronics stock to ‘Market Perform’ from ‘Outperform,’ citing visibility concerns due to a lack of formal guidance for the fiscal year 2025.
STMicroelectronics reported Q4 net revenues of $3.32B, beating analyst estimates. EPS of $0.37 missed expectations. Net revenues aligned with outlook, driven by Personal Electronics. Book-to-bill ratio remained below 1 due to delayed recovery and inventory correction.
Semiconductor chip stocks, including Nvidia, AMD, Broadcom, TSM, STM, MRVL, MU, ARM, and SMCI surged ahead of CES, boosted by Microsoft's $80B AI investment and Foxconn's record revenue.
STMicroelectronics, in collaboration with Qualcomm, introduces first STM32-ready wireless IoT modules simplifying development of advanced wireless solutions for industrial and consumer IoT applications.STMicroelectronics introduced first STM32-ready wireless IoT modules with Qualcomm, simplifying development of advanced wireless solutions.
STMicroelectronics presents 2027-2028 financial model with $18 billion revenue and 22%-24% operating margin, on path to exceed $20 billion revenue by 2030.
STM reported $3.25B net revenues, beating consensus. Gross margin and operating margin both decreased. Company launching new program to reshape manufacturing and improve efficiency.
