Will ST Microelectronics - New York Shares stock price grow / rise / go up? Yes. The STM stock price can go up from 45.460 USD to 55.886 USD in one year.
Why is STM dropping?
As per the Q2 report, this drop is due to the effect of COVID-19 hence fall in sales of automotive, analog and imaging products. According to annual reports, the company's net revenues have reduced by 7% between 2010 and 2019.
Why did STM stock drop?
The stock plunged on the news that the trade war continues to impact the company's business. Even with today's share price drop, the stock is still up 34.8% year to date.Dec 9, 2020
What does STM make?
STMicroelectronics N.V. is a Switzerland-based semiconductor company. It designs, develops, manufactures and markets a range of products, including discrete and standard commodity components, and application-specific integrated circuits (ASICs) for analog, digital and mixed-signal applications.3 days ago
IS STM stock a good investment?
STM has an overall A rating, which translates to Strong Buy in our POWR Ratings system. STM has a B Value Grade. This is consistent with the stock's 21.30x P/E ratio, which is 21% lower than the 26.95x industry average. Also, in terms of Growth Grade, STM has a B.
What does STMicroelectronics NV do?
STMicroelectronics N.V. designs, develops, manufactures, and markets semiconductor integrated circuits and discrete devices. The Company's products are used in the telecommunications, consumer electronics, automotive, computer, and industrial sectors.