Report
Martin Marandon-Carlhian ...
  • Stephane Houri

STMicroelectronics N.V. : Wait and see…

>We remain at Neutral on STM after the CMD - Following yesterday’s CMD held in Paris, at which STM officially pushed out its 2025-2027 guidance to 2030 and unveiled its intermediate targets for 2027-2028, we remain at Neutral. We are leaving our forecasts unchanged. To summarise, the 2027-2028 targets are 9% above the consensus, but do not look unrealistic in 2028. That said, for the group to deliver on this outlook, there are some conditions: 1/ a significant market ...
Underlying
STMicroelectronics NV

STMicroelectronics is a global independent semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (“ICs”) and discrete devices. Co. offers a diversified product portfolio and develops products for a wide range of market applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. Within its diversified portfolio, Co. is focused on developing products that leverage its technological strengths in creating customized, system-level solutions with digital and mixed-signal content.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Martin Marandon-Carlhian

Stephane Houri

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