STMicroelectronics N.V.

STMPA

NL0000226223

Semiconductors

Market Closed - Euronext Paris Other stock markets 11:35:07 2024-05-03 am EDT			5-day change	1st Jan Change
37.2 ^EUR	+2.59%		-3.78%	-17.77%

May. 03	CAC40: closes slightly higher but loses 1.6% over the week	CF
May. 03	Mib veers lower, weighs declines in banks	AN

STMicroelectronics N.V. Reports Earnings Results for the First Quarter Ended March 30, 2024

April 25, 2024 at 01:00 am EDT

STMicroelectronics N.V. reported earnings results for the first quarter ended March 30, 2024. For the first quarter, the company reported sales was USD 3,444 million compared to USD 4,241 million a year ago. Revenue was USD 3,465 million compared to USD 4,247 million a year ago.

Net income was USD 513 million compared to USD 1,044 million a year ago. Basic earnings per share from continuing operations was USD 0.57 compared to USD 1.16 a year ago. Diluted earnings per share from continuing operations was USD 0.54 compared to USD 1.1 a year ago.

Latest news about STMicroelectronics N.V.

CAC40: closes slightly higher but loses 1.6% over the week	May. 03	CF
Mib veers lower, weighs declines in banks	May. 03	AN
STMICRO : Jefferies sticks Neutral	May. 03	ZD
Mib advances; Cucinelli confirms top spot	May. 03	AN
CAC40: down towards 7900pts, weighed down by Stellantis and STMicro	May. 02	CF
Chipmaker Wolfspeed forecasts quarterly revenue below estimates as EV sales growth slows	May. 01	RE
STMICRO : UBS remains its Buy rating	May. 01	ZD
STMICRO : Stifel remains Buy, but adjusts its target	Apr. 30	CF
Europeans down after inflation and Eurozone GDP.	Apr. 30	AN
Stock exchanges up at start; shower of macro in Europe	Apr. 30	AN
Stock markets expected in green ahead of GDP and inflation	Apr. 30	AN
Stock markets mixed, eyes on Middle East and Fed	Apr. 29	AN
Business Square still up; Eurozone confidence falls	Apr. 29	AN
Indices in green; wait for German inflation	Apr. 29	AN
Futures up; Brent falls in USD88 area	Apr. 29	AN
Mib up; US stocks up after PCE data	Apr. 26	AN
STMICRO : UBS reaffirms its Buy rating	Apr. 26	ZD
STMICRO : Gets a Neutral rating from Barclays	Apr. 26	ZD
Oddo BHF Lowers STMicroelectronics PT, Maintains Outperform Rating	Apr. 26	MT
Stock markets up; Tenaris good after quarterly report	Apr. 26	AN
STMICRO : Goldman Sachs reaffirms its Sell rating	Apr. 26	ZD
STMICRO : Oddo BHF reduces its target slightly	Apr. 26	CF
Europeans in the green; Nexi tops on Mib.	Apr. 26	AN
European futures up; focus on U.S. PCE	Apr. 26	AN
Tranche Update on STMicroelectronics N.V.'s Equity Buyback Plan announced on July 1, 2021.	Apr. 25	CI

Chart STMicroelectronics N.V.

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Company Profile

STMicroelectronics N.V. is a global leader in the semiconductor market serving customers across the spectrum of sense and power and automotive products and embedded processing solutions. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, STMicroelectronics is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, STMicroelectronics N.V. stands for life augmented.

Sector

Semiconductors

Calendar

2024-05-22 - Annual General Meeting

Related indices

CAC 40 , STOXX EUROPE 600 (EUR) , FTSE MIB INDEX

More about the company

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Analysis / Opinion

STMICROELECTRONICS : Q1 24: brakes on Automotive growth brings STMicroelectronics down

April 25, 2024 at 09:40 am EDT

Microchip sinks STMicroelectronics

January 09, 2024 at 10:08 am EST

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Ratings for STMicroelectronics N.V.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

40.08 USD

Average target price

53.42 USD

Spread / Average Target

+33.30%

Consensus

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Estimates Revisions

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Company calendar

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