This summary was created by AI, based on 1 opinions in the last 12 months.
STMicroelectronics (STM-N) has received mixed reviews from experts, with one expert expressing disappointment and comparing the company to a smaller Intel. However, they have highlighted that STMicroelectronics' products are utilized in popular tech devices such as Apple phones and Tesla cars, and they use silicon carbide technology which is more efficient. Despite the mixed reviews, the stock is still liked with a target price of $55.50.
Carbide chips are more expensive than regular chips, but key when it comes to autonomous vehicles. Multi-year contract with TSLA.
Tech component names are cyclical and there are issues on whether tax reform will be passed in order for them to repatriate dollars, but on the whole, he is constructive on this.
European chip manufacturer. They are a supplier of chips to the self driving cars. This is all next gen. Everyone points to the number of self driving cars that will be on the road in the future. It has big bottom line growth as well. (Analysts’ target: $17.50).
STMicroelectronics is a American stock, trading under the symbol STM-N on the New York Stock Exchange (STM). It is usually referred to as NYSE:STM or STM-N
In the last year, 1 stock analyst published opinions about STM-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for STMicroelectronics.
STMicroelectronics was recommended as a Top Pick by on . Read the latest stock experts ratings for STMicroelectronics.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered STMicroelectronics In the last year. It is a trending stock that is worth watching.
On 2024-03-28, STMicroelectronics (STM-N) stock closed at a price of $43.255.
Disappointing. Like a smaller Intel. Their products are in Apple phones and Tesla cars. They use silicon carbide which last longer and use less heat. Targets $55.50. Still likes it.