STMicroelectronics Shares at €47.78: Up 96% in Three Months, RSI Turns Red
The stock of the Franco-Italian semiconductor manufacturer continues to rise in mid-afternoon trading on Tuesday, reaching €47.78, up 1.65% from Monday's close at €47.01. The weekly gain is 12.74% and the rally over the past three months exceeds 96%. The pace of increase pushes several indicators into technical alert zones.
STMicroelectronics is trading at 97% of the width of the Bollinger Bands, making immediate contact with the upper limit at €48.45. The RSI at 85 is well above the classic overbought zone set at 70. The price is significantly deviating from its MM50 at €32.14 and its MM200 at €25.37, indicating an acceleration that diverges from the medium-term regime. The technical resistance identified at €47.01, which was Monday's closing, has been surpassed during the session. The nearly 13% rise in a week extends the movement initiated after the first quarter results published on April 23. The technical setup remains tense in the very short term.
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The stock movement follows the quarterly figures released on April 23. The company reported a 23% year-on-year increase in revenue, supported by the integration of NXP's MEMS sensor activity, but diluted earnings per share fell to $0.04 from $0.06 a year earlier. During the Q1 2026 release, the company noted that its outlook for the second quarter does not include the impact of potential global tariff changes. Among the risks mentioned is also the reduction of expenses related to unused capacities. Among European comparables, ASML Holding is up 3.15% and ASM International advances 1.91% during the session. In the United States, Micron Technology jumps 6.31% while Advanced Micro Devices falls by 5.27%. The next financial calendar event is the publication of the second quarter 2026 results, scheduled for July 23.
« Le chiffre d'affaires du quatrième trimestre a dépassé le milieu de notre prévision et la marge brute a été soutenue par un meilleur mix produit. »
STMicroelectronics a publié ses résultats pour le quatrième trimestre et l'année 2025. Le chiffre d'affaires annuel s'établit à 11,8 milliards de dollars avec une marge brute de 33,9% et un résultat opérationnel de 175 millions de dollars. Le bénéfice net attribuable aux actionnaires pour l'année est de 166 millions de dollars, et le flux de trésorerie disponible (non-U.S. GAAP) pour l'année est de 265 millions de dollars. Pour 2026, le point médian du trimestre est un chiffre d'affaires attendu de 3,04 milliards de dollars et une marge brute d'environ 33,7%.
Risks mentioned
changements dans les politiques commerciales mondiales, y compris les tarifs et barrières commerciaux, susceptibles d'affecter la demande
incertitudes macroéconomiques et inflation, influençant la production et la demande finale
écarts entre la demande client et les projections nécessitant des mesures de transformation
capacité à concevoir, fabriquer et vendre des produits innovants dans un environnement technologique rapide
Outlook / guidance
Expected revenue: Le chiffre d'affaires du premier trimestre 2026 est attendu autour de 3,04 milliards de dollars, en baisse séquentielle d'environ 8,7% et avec une marge brute d'environ 33,7% (plus ou moins 350 pb pour le chiffre d'affaires et plus ou moins 200 pb pour la marge brute).
Management commentary: La direction souligne que les perspectives dépendent des conditions macroéconomiques, des taux de change et du mix produit.
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