STM
European stocks rise as STMicroelectronics' forecasts lift tech stocks
Article Summary
HOLD- STMicroelectronics (NYSE: STM) rose 9.8% after lifting revenue targets for its data centre business, signalling strong demand from the AI boom.
- Technology stocks led sectoral gains with a 2.4% rise, while Infineon (NASDAQ: INFN) and Schneider Electric (NYSEAMERIC: SNE) gained 5.2% and 3.4%, respectively.
- The pan-European STOXX 600 index rose 0.7% to 625.20 points by 0715 GMT as investors awaited a key inflation report later in the day for insights into how Mideast conflict has affected the euro zone economy.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 0.8% | 25% | 20.0 ptsMinimal (0.8%) - Very weak |
| EPS Growth Next 5Y ? | 85.7% | 25% | 100.0 ptsExceptional (85.7%) - Very high expectations |
| Target Price Upside ? | 17.0% above | 20% | 0.0 ptsAbove Target (17.0% above) - Target: $63.38 vs Current: $76.40 |
| Gross Margin % ? | 33.8% | 15% | 40.0 ptsModerate (33.8%) - Adequate margins |
| Drawdown from 52-Wk High ? | 7.5% | 15% | 20.0 ptsBarely a Dip (7.5%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About STM
- STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.
- The company operates through Analog products, MEMS and Sensors Group (AM&S); Power and Discrete products (P&D); Embedded Processing (“EMP”); and RF Products (D&RF) segments.
- It offers industrial application-specific integrated circuits (ASICs) and application-specific standard products (ASSPs); power management solutions; custom analog ICs, wireless charging solutions; galvanic isolated gate and LED drivers; converters, transistors, intelligent power switches, clocks and timers, comparators, and current-sense amplifiers; micro-electro-mechanical systems (MEMS) sensors, including accelerometers, gyroscopes, magnetic sensors, pressure, temperature, presence detection, biosensors, machine learning, and edge AI processing smart sensors, as well as thermal and piezoelectric actuators; and optical sensing solutions.
- The company also provides silicon MOSFETs, SiC MOSFETs, IGBTs, thyristors, rectifiers, and power modules and bipolar transistors; microcontrollers, and automotive microcontrollers and secured; radio frequency (RF) communications and ASICs; car infotainment products; ultra-wide band and radar systems; and Connected Security Products; and automotive driver assistance systems.
- It serves automotive, industrial, personal electronics and communications equipment, and computers and peripherals markets.
- STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Schiphol, the Netherlands.