STMicroelectronics N.V. Q1 revenues fell 27.3% Y/Y, with gross margin at 33.4%, and net income plummeting 89% Y/Y, highlighting operational leverage issues. Despite some signs of recovery, including improved bookings and book-to-bill ratios, tariff uncertainties and high inventories remain significant concerns. Given the high level of uncertainty and cautious management outlook, I recommend staying on the sidelines for STM stock until there's more visibility on end demand and economic conditions.
Call Start: 03:30 January 1, 0000 4:30 AM ET STMicroelectronics N.V. (NYSE:STM ) Q1 2025 Earnings Conference Call April 24, 2025, 03:30 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 Janardan Menon - Jefferies Joshua Buchalter - TD Cowen Stephane Houri - Oddo BHF Sandeep Deshpande - JPMorgan Operator Ladies and gentlemen, welcome to the STMicroelectronics First Quarter 2025 Earnings Release Conference Call and Live Webcast.
The Italian government opposes the CEO of STMicroelectronics , the economy minister said on Wednesday, as the Franco-Italian chipmaker faces a sustained downturn in its key automotive and industrial markets.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
STM drives growth with advanced microcontrollers, SiC expansion and design wins, making it a smart pick for growth-focused investors.
Investors interested in Semiconductor - General stocks are likely familiar with STMicroelectronics (STM) and Texas Instruments (TXN). But which of these two stocks is more attractive to value investors?
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 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.
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' 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.
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. (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.