STMicroelectronics (STM) Stock Forecast & Price Target

→ Historic NVIDIA partnership could send this tiny AI stock soaring... (From Behind the Markets) (Ad)

$43.07

-0.03 (-0.07%)

(As of 06/18/2024 ET)

STMicroelectronics - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 11 Analyst Ratings

Consensus Price Target

$49.76
15.53% Upside

High Forecast	$65.00
Average Forecast	$49.76
Low Forecast	$35.00

Type	Current Forecast 6/20/23 to 6/19/24	1 Month Ago 5/21/23 to 5/20/24	3 Months Ago 3/22/23 to 3/21/24	1 Year Ago 6/20/22 to 6/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)	8 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$49.76	$50.75	$50.75	$53.50
Forecasted Upside	15.53% Upside	12.82% Upside	14.62% Upside	26.47% Upside

Get STMicroelectronics Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for STM and its competitors with MarketBeat's FREE daily newsletter.

Ad Behind the Markets

Historic NVIDIA partnership could send this tiny AI stock soaring...

After striking partnerships with trillion-dollar chipmaker NVIDIA... ARM surged over 60% in a week... Who's next?

Click here to discover the name and ticker symbol >>>

STM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

STM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

STMicroelectronics Stock vs. The Competition

Type	STMicroelectronics	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.64	2.60	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	15.53% Upside	208.43% Upside	11.31% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
6/18/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$35.50 ➝ $45.80	+6.31%
4/26/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Market Perform
4/23/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy
4/8/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Positive ➝ Positive	$55.00	+29.63%
2/22/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy
1/25/2024	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy	$50.00 ➝ $48.00	+4.38%
Get the Latest News and Ratings for STM and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for STMicroelectronics and its competitors with MarketBeat's FREE daily newsletter.
12/15/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
11/1/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight
10/31/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Neutral	$50.00 ➝ $35.00	-7.09%
7/28/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$56.00 ➝ $65.00	+20.73%
7/12/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Hold
2/16/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$45.00 ➝ $55.00	+10.49%
1/27/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$50.00 ➝ $56.00	+19.94%
1/17/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight
12/12/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Positive	$50.00	+30.75%
11/1/2022	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		€71.00
10/28/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	€48.00 ➝ €45.00
8/1/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	€44.00 ➝ €52.00
7/29/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$44.00 ➝ $50.00	+32.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:12 AM ET.

STM Forecast - Frequently Asked Questions

What is STMicroelectronics's stock forecast and purchase recommendation?: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for STMicroelectronics is $49.76, with a high forecast of $65.00 and a low forecast of $35.00. The consensus rating for STMicroelectronics stock is Moderate Buy based on the current 4 hold ratings and 7 buy ratings for STM. Learn more on STM's analyst rating history.
Do Wall Street analysts like STMicroelectronics more than its competitors?: Analysts like STMicroelectronics more than other "computer and technology" companies. The consensus rating score for STMicroelectronics is 2.64 while the average consensus rating score for "computer and technology" companies is 2.60. Learn more on how STM compares to other companies.
Is STMicroelectronics being upgraded by Wall Street analysts?: Over the previous 90 days, STMicroelectronics's stock had 2 upgrades by analysts.

Does STMicroelectronics's stock price have much upside?: According to analysts, STMicroelectronics's stock has a predicted upside of 11.57% based on their 12-month stock forecasts.
What analysts cover STMicroelectronics?: STMicroelectronics has been rated by research analysts at Berenberg Bank, Susquehanna, The Goldman Sachs Group, and William Blair in the past 90 days.