Analyst Consensus ?
ConsensusHold29 ratings
Bullish1448.3%
Neutral1344.8%
Bearish26.9%
STMicroelectronics N.V. · STM · FY2026 Q1 · Calendar Q2 2026
STM sees AI and automotive growth offset capacity and margin risks
Management’s outlook became more constructive: AI data-center demand, silicon photonics, automotive sensors and industrial design wins support a stronger growth case, but execution risks remain around capacity utilization, pricing and the NXP integration.
Reported Before market openNYSETechnology
$41.75B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.13
Consensus $0.19
EPS surprise
-31.6%
Reported versus consensus
Reported revenue
$3.10B
Consensus $3.06B
Revenue surprise
+1.2%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+10.8%
Event window
SPY move
-0.4%
Same window
Abnormal move
+11.2%
Stock minus SPY
Volume
2.6×
Versus trailing sessions
Subsequent drift
+32.1%
Up to 20 sessions
STMSPY benchmark
Ask FN2 about STM FY2026 Q1
Transcript, numbers and history already loaded
Why did STM rise 10.8% after missing EPS estimates in FY2026 Q1?What changed in STM's guidance and outlook in FY2026 Q1?Give me the bull and bear case for STM after FY2026 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, the outlook shifted from recovery planning to evidence of execution: the NXP MEMS acquisition was completed, an AWS engagement was secured, PIC100 entered high-volume production, and Q2 guidance called for sequential revenue and margin improvement.
Guidance delta
Guidance was maintained, with Q2 revenue projected at $3.45 billion and gross margin around 34.8%, versus Q1 revenue of $3.1 billion and gross margin of 33.8%.
Key takeaways
- AI data-center demand and silicon photonics are emerging as important growth drivers.
- The completed NXP MEMS acquisition expands the automotive sensor portfolio, but integration and acquisition-related cash use weigh on execution.
- Management cited strong bookings and design wins, while pricing, unused capacity and inventory normalization remain watch items.
Management priorities
- Scale the AI data-center semiconductor portfolio and deepen the AWS engagement.
- Ramp PIC100 silicon-photonic production for hyperscalers.
- Integrate NXP MEMS offerings and expand automotive applications while advancing STM32, silicon-carbide and satellite programs.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$46.74Current
$34Low
$66.42Average
$100High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Nov 1, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| TD Cowen | Hold | Hold | Maintain | Oct 20, 2026 |
| Goldman Sachs | Neutral | Neutral | Maintain | Jul 27, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Jul 24, 2026 |
| Susquehanna | Positive | Positive | Maintain | Jul 21, 2026 |
| B of A Securities | Neutral | Neutral | Maintain | Jun 2, 2026 |
| Baird | Outperform | Neutral | Upgrade | Jul 22, 2025 |
| Jefferies | Buy | Hold | Upgrade | Feb 19, 2025 |
| Bernstein | Market Perform | Outperform | Downgrade | Feb 5, 2025 |
| Barclays | Underweight | Equal Weight | Downgrade | Jan 22, 2025 |
| JP Morgan | Neutral | Overweight | Downgrade | Dec 9, 2024 |
| Craig-Hallum | Buy | Buy | Maintain | Oct 31, 2024 |
| Berenberg | Buy | Hold | Upgrade | Apr 23, 2024 |
| Cowen & Co. | Outperform | Outperform | Maintain | Jan 27, 2023 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Nov 8, 2022 |
| William Blair | Perform | Market Perform | Maintain | Oct 17, 2022 |
| Canaccord Genuity | Buy | Buy | Maintain | Apr 30, 2021 |
| UBS | Neutral | Buy | Downgrade | Jan 13, 2021 |
| Citigroup | Buy | Neutral | Upgrade | Mar 19, 2020 |
| Bank of America | Buy | Neutral | Upgrade | May 31, 2019 |
| Deutsche Bank | Hold | Buy | Downgrade | Sep 26, 2018 |
| Kepler Cheuvreux | Hold | Reduce | Upgrade | Jan 26, 2018 |
| Stifel Nicolaus | Buy | Hold | Upgrade | Jun 27, 2017 |
| Stifel | Buy | Hold | Upgrade | Jun 27, 2017 |
| Credit Suisse | Neutral | Underperform | Upgrade | Jan 27, 2017 |
| Natixis | Buy | Buy | Maintain | Sep 14, 2015 |
| HSBC | Hold | Reduce | Upgrade | Jul 24, 2015 |
| Banca Akros | Accumulate | Reduce | Upgrade | May 13, 2015 |
| Exane BNP Paribas | Neutral | Outperform | Downgrade | Jan 17, 2014 |
| Williams Capital | Sell | Sell | Maintain | Apr 24, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $46.74. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Mizuho Securities | Vijay Rakesh | $70 | $49.13 | +49.8% | Oct 29, 2026 |
| Goldman Sachs | Alexander Duval | $60.5 | $51.54 | +29.4% | Jul 27, 2026 |
| Barclays | Simon Coles | $60 | $52.37 | +28.4% | Jul 24, 2026 |
| Mizuho Securities | Analyst unavailable | $80 | $53.13 | +71.2% | Jul 24, 2026 |
| Craig-Hallum | Analyst unavailable | $70 | $54.6 | +49.8% | Jul 23, 2026 |
| Susquehanna | Analyst unavailable | $75 | $64.58 | +60.5% | Jul 21, 2026 |
| UBS | Analyst unavailable | $100 | $73.32 | +113.9% | Jun 10, 2026 |
| Mizuho Securities | Vijay Rakesh | $84 | $79.51 | +79.7% | Jun 3, 2026 |
| Raymond James | Analyst unavailable | $83 | $80.26 | +77.6% | Jun 2, 2026 |
| Mizuho Securities | Analyst unavailable | $68 | $60.96 | +45.5% | May 19, 2026 |
| Robert W. Baird | Analyst unavailable | $90 | $49.71 | +92.6% | Apr 24, 2026 |
| Craig-Hallum | Analyst unavailable | $58 | $44.86 | +24.1% | Apr 23, 2026 |
| Mizuho Securities | Analyst unavailable | $48 | $41.57 | +2.7% | Apr 16, 2026 |
| Seaport Global | Analyst unavailable | $34 | $32.49 | -27.3% | Feb 9, 2026 |
| Mizuho Securities | Analyst unavailable | $28 | $28.71 | -40.1% | Jan 9, 2026 |
| Mizuho Securities | Analyst unavailable | $26 | $26.47 | -44.4% | Dec 16, 2025 |
| Mizuho Securities | Vijay Rakesh | $22 | $22.11 | -52.9% | Nov 25, 2025 |
| Robert W. Baird | Analyst unavailable | $45 | $25.26 | -3.7% | Oct 24, 2025 |
| Susquehanna | Christopher Rolland | $40 | $30.54 | -14.4% | Oct 22, 2025 |
| Goldman Sachs | Alexander Duval | $26.5 | $26.32 | -43.3% | Jul 25, 2025 |
| Susquehanna | Christopher Rolland | $28 | $22.45 | -40.1% | Jan 31, 2025 |
| Craig-Hallum | Anthony Stoss | $36 | $27.07 | -23.0% | Oct 31, 2024 |
| Susquehanna | Christopher Rolland | $35 | $27.99 | -25.1% | Oct 21, 2024 |
| Craig-Hallum | Anthony Stoss | $42 | $33.46 | -10.1% | Jul 25, 2024 |
| Citigroup | Spiro Dounis | $65 | $43.08 | +39.1% | Jun 18, 2024 |
| Goldman Sachs | Alexander Duval | $45.8 | $43.1 | -2.0% | Jun 17, 2024 |
| Susquehanna | Analyst unavailable | $50 | $38.24 | +7.0% | Dec 12, 2022 |
Track every rating change on STM the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationSTMicroelectronics N.V. is a global semiconductor company that designs, develops, manufactures, and markets a broad range of semiconductor products. Its offerings include analog chips, discrete power semiconductors, microcontrollers, and sensors, with a strong presence in the automotive and industrial sectors.
Historical context
All STM earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| INTC Intel Corp. | FY2026 Q3 · Calendar Q4 2026 | +27.9% | -28.6% | Intel: AI Server Demand Offsets PC Weakness, CapEx Rises |
| GDDY GoDaddy Inc. | FY2026 Q3 · Calendar Q4 2026 | +9.5% | +10.7% | GoDaddy: Airo accelerates while guidance is maintained |
| MPWR Monolithic Power Systems, Inc. | FY2026 Q3 · Calendar Q4 2026 | +5.1% | +1.1% | MPWR tops $1 billion in revenue as data-center demand accelerates |
| TWLO Twilio Inc. | FY2026 Q3 · Calendar Q4 2026 | +12.2% | -15.2% | Twilio raises growth outlook as AI and software adoption expand |
| SNDK Sandisk Corporation | FY2027 Q1 · Calendar Q4 2026 | +6.1% | -13.5% | SNDK: AI-driven NAND demand remains strong, but execution risks persist |
| RBLX Roblox Corporation | FY2026 Q3 · Calendar Q4 2026 | +26.2% | -18.1% | Roblox pairs strong engagement with lower Q4 bookings guidance |
Latest beats and misses
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Missed on EPS
- GLPIFY2026 Q3 · October 29, 2026-11.5% EPS-1.3% move
- LYBFY2026 Q3 · October 30, 2026-1.2% EPS+5.0% move
- CCJFY2026 Q3 · October 30, 2026-101.4% EPS-7.9% move
- VALEFY2026 Q3 · October 29, 2026-24.6% EPS+1.9% move
- DLR-PLFY2026 Q3 · October 29, 2026-8.4% EPS— move
- DLR-PKFY2026 Q3 · October 29, 2026-8.4% EPS— move
Get the STM recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-11-01T09:40:38.794809+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-11-01T09:40:38.791988+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-11-01. For educational purposes only; not investment advice.