STMicroelectronics N.V. (STM)
Italian top government official seen joining STMicroelectronics supervisory board
Italy intends to appoint Marcello Sala, head of an economy ministry department that manages state-run firms and asset disposals, as a supervisory board member at chip maker STMicroelectronics , three sources said.
STMicroelectronics: Navigating The Extreme Weakness Of Industrial Microcontrollers
STMicroelectronics faces a significant revenue decline, driven by underperformance in the Industrial Microcontrollers segment, with a 60.2% drop. The company's higher exposure to the weak European market and lower presence in the recovering Chinese market have exacerbated its revenue decline compared to competitors. Despite current challenges, STMicro's partnerships with Chinese firms for MCU manufacturing and stabilization of inventory levels are expected to drive recovery in H2 2025.
Embattled Chip Stock Pops on Jefferies Upgrade
Netherlands-based chip stock STMicroelectronics NV (NYSE:STM) is up 5.2% at $23.71 at last glance, after an upgrade from Jefferies to "buy" from "hold," with a price-target hike to €34 from €23.
STMicroelectronics: Another Weak Quarter, Still On The Sideline
STMicroelectronics' Q4 results indicate likely underperformance, aligning with our previous assessments of headwinds and revised 2025 outlook. High inventory levels and CAPEX underutilization are red flags to consider. Valuation is still aligned with STM's historical average. We might expect consensus to factor in more downsides. We confirmed our neutral rating.
STMicroelectronics may cut 2000-3000 jobs in France, Italy - Bloomberg News
French-Italian computer chip maker STMicroelctronics is considering cuts of up to 6% of its workforce or 3,000 workers in its French and Italian plants as part of a restructuring program, Bloomberg News reported on Friday, citing anonymous sources.
STMicroelectronics N.V. (STM) Q4 2024 Earnings Call Transcript
STMicroelectronics N.V. (NYSE:STM ) Q4 2024 Earnings Conference Call January 30, 2025 3:30 AM ET Company Participants Jerome Ramel - EVP Corporate Development & Integrated External Communication Jean-Marc Chery - President & CEO Lorenzo Grandi - President and Chief Financial Officer Marco Cassis - President, Analog, Power & Discrete, MEMS & Sensors Group, Head of ST Micro Electronics Strategy System Research and Application and Innovation Office Conference Call Participants Francois Bouvignies - UBS Andrew Gardiner - Citi Didier Scemama - BofA Securities Janardan Menon - Jefferies Stephane Houri - ODDO BHF Operator Ladies and gentlemen, welcome to the STMicroelectronics Full-Year 2024 Earnings Release Conference Call and Live Webcast.
Chipmaker STMicroelectronics sees an even softer Q1 2025
STMicroelectronics , one of Europe's largest chipmakers, said on Thursday it expected sales to fall further in the first quarter of 2025, as the downturn seen in its key markets drags on into the new year.
TotalEnergies signs 15-year French renewable power deal with STMicroelectronics
French oil major TotalEnergies has signed a 15-year deal with STMicroelectronics to supply 1.5 terawatt hours of renewable electricity to power the semiconductor company's operations in France, the companies said on Tuesday.
STM Gears Up to Report Q4 Earnings: What's in Store for the Stock?
STMicroelectronics' fourth-quarter 2024 results are likely to be hurt by a slow recovery in the industrial and automotive market.
The Bottom Fishing Club: Unloved STMicroelectronics Ready For A 2025 Turnaround
The STMicroelectronics share quote has dropped nearly 50% from its 2024 high due to an industrial chip demand slowdown but remains very profitable with a strong balance sheet. STM's current valuation metrics are historically low on 'depressed' results, with an EV to forward EBITDA ratio of 6.1x, making it a standout bargain in the semiconductor sector. The Company should outperform the S&P 500 in 2025, with potential upside back to $50+ in 12–18 months, assuming business trends improve.
STMicroelectronics Plunges 50% in 2024: How to Play the Stock in 2025
Continuous inventory corrections and a stretched valuation can be a risk, although STM's market position is strengthened by its innovative product launches.
Can STM's New STM32N6 MCU Series Give a Fresh Boost to the Stock?
Although STMicroelectronics' STM32N6 MCU Series bolsters its market position, ongoing inventory corrections and changes in consumer preferences may be a hurdle.
