On July 22, 2025, STMicroelectronics (STM, Financial) received a significant upgrade from the investment firm Baird. Led by analyst Tristan Gerra, Baird has upgraded the stock's rating from "Neutral" to "Outperform."
In addition to the rating upgrade, Baird has considerably increased its price target for STMicroelectronics (STM, Financial), raising it from a previous $23.00 to a new target of $50.00. This adjustment represents a remarkable price target percentage change of 117.39%.
This development suggests a strong belief in STMicroelectronics' (STM, Financial) future performance, as the company's stock continues to gain attention in the market. The new price target and upgraded rating are expected to generate increased investor interest in STM.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for STMicroelectronics NV (STM, Financial) is $29.86 with a high estimate of $37.30 and a low estimate of $23.00. The average target implies an downside of 9.00% from the current price of $32.81. More detailed estimate data can be found on the STMicroelectronics NV (STM) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, STMicroelectronics NV's (STM, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for STMicroelectronics NV (STM, Financial) in one year is $31.52, suggesting a downside of 3.93% from the current price of $32.81. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the STMicroelectronics NV (STM) Summary page.