NYSE - Nasdaq Real Time Price USD

STMicroelectronics N.V. (STM)

41.42

-1.17

(-2.76%)

As of 12:00 PM EDT. Market Open.

STMicroelectronics N.V. (NYSE:STM) Q1 2024 Earnings Call Transcript

STMicroelectronics N.V. (NYSE:STM) Q1 2024 Earnings Call Transcript April 25, 2024 STMicroelectronics N.V. misses on earnings expectations. Reported EPS is $0.544 EPS, expectations were $0.59. STMicroelectronics N.V. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, welcome to […]

Insider Monkey 3 hours ago

STMPA.PA
Not All Chipmakers Are Doing Great; STMicroelectronics Lowers Annual Outlook After Q1 Performance

STMicroelectronics NV (NYSE: STM) reported a first-quarter revenue decline of 18.4% year-on-year to $3.47 billion, missing the consensus of $3.62 billion. EPS of $0.54 missed the consensus of $0.59. Sales to OEMs decreased by 11.5% Y/Y, and Distribution sales fell by 30.8% Y/Y. Analog products, MEMS, and Sensors (AM&S) segment revenue declined 13.1% Y/Y to $1.22 billion, mainly due to a decrease in MEMS and Imaging. Power and Discrete products (P&D) segment revenue decreased 9.8% Y/Y to $820 mil

Benzinga yesterday

STMPA.PA
STMicroelectronics Cuts Sales Guidance Amid Automotive Market Slowdown

STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.

The Wall Street Journal yesterday

STM
-2.76%
STMEF
UPDATE 2-STMicro cuts FY revenue outlook as softer car demand weighs

European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in orders from laptop and phone companies. Shares fell as much as 3.5% in early trade, but then reversed course, with analysts noting that the poor outlook had been expected. The company, whose clients include Tesla and Apple , said it expects revenue in the range of $14 billion to $15 billion for 2024, down from its previous forecast range of $15.9 billion to $16.9 billion.

Reuters yesterday

STMPA.PA

TSLA
STMicro cuts FY revenue outlook as softer car demand weighs

(Reuters) -European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in orders from laptop and phone companies. Shares fell as much as 3.5% in early trade, but then reversed course, with analysts noting that the poor outlook had been expected. The company, whose clients include Tesla and Apple, said it expects revenue in the range of $14 billion to $15 billion for 2024, down from its previous forecast range of $15.9 billion to $16.9 billion.

Reuters yesterday

STMPA.PA
STMicro cuts FY revenue outlook as slowing car demand bites

European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in orders from laptop and phone companies. The company, whose clients include Tesla and Apple , said it expects revenue in the range of $14 billion to $15 billion for 2024, down from its previous forecast range of $15.9 billion to $16.9 billion. Analysts polled by LSEG were expecting revenue of $16.1 billion for the year.

Reuters yesterday

STMPA.PA
STMicroelectronics Reports 2024 First Quarter Financial Results

PR No: C3254C STMicroelectronics Reports 2024 First Quarter Financial Results Q1 net revenues $3.47 billion; gross margin 41.7%; operating margin 15.9%; net income $513 millionQ1 free cash flow1 $(134) million after Net Capex1 of $967 million Business outlook at mid-point: Q2 net revenues of $3.2 billion and gross margin of 40% Geneva, April 25, 2024 – STMicroelectronics N.V. (“ST”) (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, repo

GlobeNewswire yesterday

STM
-2.76%
STMEF
What's in Store for These 5 Technology Stocks in Q1 Earnings?

Here we take a sneak peek at five stocks in the Zacks Computer and Technology sector due to report first-quarter 2024 earnings on Apr 25.

Zacks yesterday

FICO

MSFT

STMPA.PA
What's in Store for STMicroelectronics (STM) in Q1 Earnings?

STMicroelectronics' (STM) first-quarter results are expected to reflect strength in the automotive market. However, weakening demand across the personal electronics market is a concern.

Zacks 2 days ago

STMPA.PA

AMZN

CAH
STMicroelectronics Announces Status of Common Share Repurchase Program

STMicroelectronics Announces Status ofCommon Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Apr 15, 2024 to Apr 19, 2024 AMSTERDAM – April 22, 2024 -- STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated July 1, 2021. The Program was approved b

GlobeNewswire 4 days ago

STM
-2.76%
STMEF
ROHM Group Company SiCrystal and STMicroelectronics Expand Silicon Carbide Wafer Supply Agreement

ROHM Group Company SiCrystal and STMicroelectronics Expand Silicon Carbide Wafer Supply Agreement Kyoto, Japan and Geneva, Switzerland, April 22, 2024 – ROHM (TSE: 6963) and STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today the expansion of the existing multi-year, long-term 150mm silicon carbide (SiC) substrate wafers supply agreement with SiCrystal, a ROHM group company. The new multi-year agreement

GlobeNewswire 4 days ago

STM
-2.76%
STMEF
STMicroelectronics Publishes 2024 Sustainability Report

STMicroelectronics Publishes 2024 Sustainability Report On track to become carbon neutral on scope 1 and 2, and partially scope 3, by 2027 with global sourcing of electricity from renewable energy growing to 71% in 2023, from 62% in 202287% of employees would recommend ST as a great place to work12.2% of net revenues (US$2.1 billion) invested in R&D to support innovation Geneva, Switzerland, April 16, 2024 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across t

GlobeNewswire 10 days ago

STM
-2.76%
STMEF
STMicroelectronics and Centrica Energy sign long-term agreement for the supply of electricity produced from renewable sources in Italy

PR N°: C3249C STMicroelectronics and Centrica Energy sign long-term agreement for the supply of electricity produced from renewable sources in Italy 10-year contract for energy produced by a new solar farm in ItalyPPA will support 2027 carbon neutral and 100% renewable energy sourcing goals of semiconductor manufacturer with 2 large-volume manufacturing sites in Italy Geneva (Switzerland) and Aalborg (Denmark), April 11, 2024 – STMicroelectronics, (NYSE: STM), a global semiconductor leader servi

GlobeNewswire 15 days ago

STM
-2.76%
STMEF
3 Overlooked Chip Stocks to Scoop Up at a Discount

The AI gold rush has turned several chip stocks into globally important firms. Of course, none has become more important than Nvidia (NASDAQ:NVDA). The company’s AI accelerator GPUs are in high demand. Share prices have surged to astronomical levels, leading some to believe they are overvalued. While that may or may not be the case, we are looking for overlooked chip stocks today. Some firms are connected to the AI gold rush, while others possess different catalysts. Regardless, each represents

InvestorPlace 16 days ago

STMPA.PA

NVDA

MU
STMicroelectronics (STM) Dips More Than Broader Market: What You Should Know

STMicroelectronics (STM) reachead $41.88 at the closing of the latest trading day, reflecting a -1.55% change compared to its last close.

Zacks 21 days ago

STMPA.PA
STMicroelectronics Announces Timing for First Quarter 2024 Earnings Release and Conference Call

STMicroelectronics Announces Timing for First Quarter 2024 Earnings Release and Conference Call Geneva – April 4, 2024 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will release first quarter 2024 earnings before the opening of trading on the European Stock Exchanges on April 25, 2024. The press release will be available immediately after the release on the Company’s website at www.st.com. STMi

GlobeNewswire 22 days ago

STM
-2.76%
STMEF
STMicroelectronics helps Panasonic Cycle Technology bring AI to e-assisted bikes for affordable safety boost

T4621S -- Apr 3 2024 -- ST Edge AI in Panasonic e-assisted bikes_IMAGE ST Edge AI in Panasonic e-assisted bikes STMicroelectronics helps Panasonic Cycle Technology bring AIto e-assisted bikes for affordable safety boost The new tire pressure monitoring system1 improves safety and user experiencesST’s software ecosystem tool, STM32Cube.AI, accelerates development of the edge AI function operating on the STM32 microcontroller Tokyo, Japan, April 3, 2024 – STMicroelectronics (NYSE: STM), a global s

GlobeNewswire 23 days ago

STM
-2.76%
STMEF
The Zacks Analyst Blog Highlights Independent Bank, Northeast Community Bancorp, STMicroelectronics, Commercial Metals and JPMorgan Chase

Independent Bank, Northeast Community Bancorp, STMicroelectronics, Commercial Metals and JPMorgan Chase are included in this Analyst Blog.

Zacks 25 days ago

STMPA.PA

NECB

CMC
3 Under-the-Radar Stocks to Buy and Hold for the Long Term

While investors chase overhyped momentum plays, smart money looks elsewhere for overlooked bargains. This article cuts through the noise, identifying undervalued, under-the-radar stocks to buy and hold using a discounted cash flow and earnings approach. The centerpiece is pinpointing high-quality businesses trading at a substantial discount to their intrinsic worth based on quantitative metrics like Peter Lynch’s PEG ratio and “fair value” formula. Combining these with qualitative analysis allow

InvestorPlace 28 days ago

ULTA

STMPA.PA

UNH
5 Stocks Worth Watching on Dividend Hikes

Investors may keep a tab on stocks like INDB, NECB, STM, CMC and JPM, which have lately hiked their dividend payments.

Zacks 29 days ago

NECB

STMPA.PA

CMC

Performance Overview

Return	STM	CAC 40
YTD	-17.25%	+7.23%
1-Year	-7.75%	+7.39%
3-Year	+8.39%	+29.25%

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STMicroelectronics N.V. (STM)

STMicroelectronics N.V. (NYSE:STM) Q1 2024 Earnings Call Transcript

Not All Chipmakers Are Doing Great; STMicroelectronics Lowers Annual Outlook After Q1 Performance

STMicroelectronics Cuts Sales Guidance Amid Automotive Market Slowdown

UPDATE 2-STMicro cuts FY revenue outlook as softer car demand weighs

STMicro cuts FY revenue outlook as softer car demand weighs

STMicro cuts FY revenue outlook as slowing car demand bites

STMicroelectronics Reports 2024 First Quarter Financial Results

What's in Store for These 5 Technology Stocks in Q1 Earnings?

What's in Store for STMicroelectronics (STM) in Q1 Earnings?

STMicroelectronics Announces Status of Common Share Repurchase Program

ROHM Group Company SiCrystal and STMicroelectronics Expand Silicon Carbide Wafer Supply Agreement

STMicroelectronics Publishes 2024 Sustainability Report

STMicroelectronics and Centrica Energy sign long-term agreement for the supply of electricity produced from renewable sources in Italy

3 Overlooked Chip Stocks to Scoop Up at a Discount

STMicroelectronics (STM) Dips More Than Broader Market: What You Should Know

STMicroelectronics Announces Timing for First Quarter 2024 Earnings Release and Conference Call

STMicroelectronics helps Panasonic Cycle Technology bring AI to e-assisted bikes for affordable safety boost

The Zacks Analyst Blog Highlights Independent Bank, Northeast Community Bancorp, STMicroelectronics, Commercial Metals and JPMorgan Chase

3 Under-the-Radar Stocks to Buy and Hold for the Long Term

5 Stocks Worth Watching on Dividend Hikes

Performance Overview