Juergen Wagner, an analyst from Stifel Nicolaus, maintained the Buy rating on STMicroelectronics NV (0INB – Research Report). The associated price target remains the same with €26.00.
Juergen Wagner’s rating is based on a combination of factors that highlight both the challenges and opportunities for STMicroelectronics NV. Despite a weaker-than-expected gross margin guidance for Q2 2025, which is influenced by underutilization charges, the company’s revenue guidance exceeds consensus expectations, indicating potential for top-line growth.
Moreover, Wagner sees a long-term revaluation opportunity for the company, anticipating that the cyclical downturn will likely be overcome by the end of 2025. This optimistic outlook, coupled with the recovery in the automotive and industrial sectors, supports the Buy rating, as these factors suggest potential for future growth and improved financial performance.
Wagner covers the Technology sector, focusing on stocks such as ams-OSRAM, Infineon Technologies AG, and u-blox Holding AG. According to TipRanks, Wagner has an average return of -21.0% and a 19.23% success rate on recommended stocks.
In another report released today, Jefferies also maintained a Buy rating on the stock with a €30.00 price target.