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STMicroelectronics Analyst Ratings

Benzinga ·  Oct 31, 2023 06:19
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
10/31/2023 -8.3% Baird $50 → $35 Downgrades Outperform → Neutral
10/24/2023 44.09% Susquehanna $65 → $55 Maintains Positive
07/28/2023 70.29% TD Cowen $56 → $65 Maintains Outperform
07/12/2023 Jefferies Upgrades Underperform → Hold
06/13/2023 41.47% Susquehanna → $54 Reiterates Positive → Positive
04/25/2023 41.47% Susquehanna $55 → $54 Maintains Positive
01/27/2023 46.71% Cowen & Co. $50 → $56 Maintains Outperform
01/27/2023 44.09% Susquehanna $50 → $55 Maintains Positive
01/26/2023 44.09% Craig-Hallum $50 → $55 Maintains Buy
01/11/2023 Goldman Sachs Downgrades Neutral → Sell
12/12/2022 30.99% Susquehanna → $50 Initiates Coverage On → Positive
11/08/2022 Morgan Stanley Initiates Coverage On → Equal-Weight
10/17/2022 William Blair Initiates Coverage On → Market Perform
04/12/2022 Barclays Downgrades Overweight → Equal-Weight
01/28/2022 62.43% Baird $50 → $62 Upgrades Neutral → Outperform
12/08/2021 Morgan Stanley Downgrades Overweight → Equal-Weight
07/22/2021 Goldman Sachs Upgrades Sell → Neutral
04/30/2021 33.61% Canaccord Genuity $47 → $51 Maintains Buy
02/18/2021 Berenberg Upgrades Sell → Hold
01/13/2021 UBS Downgrades Buy → Neutral
10/23/2020 23.13% Canaccord Genuity $36 → $47 Maintains Buy
07/24/2020 -5.69% Canaccord Genuity $32 → $36 Maintains Buy
04/23/2020 -16.16% Canaccord Genuity $41 → $32 Maintains Buy
03/19/2020 Citigroup Upgrades Neutral → Buy
01/24/2020 -21.4% Baird $20 → $30 Upgrades Underperform → Neutral
01/23/2020 -10.92% Craig-Hallum $28 → $34 Maintains Buy
01/08/2020 Goldman Sachs Downgrades Buy → Neutral
01/06/2020 -21.4% Jefferies → $30 Initiates Coverage On → Hold
12/18/2019 4.79% Canaccord Genuity → $40 Initiates Coverage On → Buy
08/09/2019 -49.7% Goldman Sachs $18.6 → $19.2 Upgrades Neutral → Buy
06/19/2019 Morgan Stanley Initiates Coverage On → Overweight
05/31/2019 B of A Securities Upgrades Neutral → Buy
02/22/2019 Cowen & Co. Initiates Coverage On → Outperform

What is the target price for STMicroelectronics (STM)?

The latest price target for STMicroelectronics (NYSE: STM) was reported by Baird on October 31, 2023. The analyst firm set a price target for $35.00 expecting STM to fall to within 12 months (a possible -8.30% downside). 12 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for STMicroelectronics (STM)?

The latest analyst rating for STMicroelectronics (NYSE: STM) was provided by Baird, and STMicroelectronics downgraded their neutral rating.

When is the next analyst rating going to be posted or updated for STMicroelectronics (STM)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of STMicroelectronics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for STMicroelectronics was filed on October 31, 2023 so you should expect the next rating to be made available sometime around October 31, 2024.

Is the Analyst Rating STMicroelectronics (STM) correct?

While ratings are subjective and will change, the latest STMicroelectronics (STM) rating was a downgraded with a price target of $50.00 to $35.00. The current price STMicroelectronics (STM) is trading at is $38.17, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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