STMicroelectronics Shares Hit a 5-Year Peak at €54.32 (+132% over a year)
The Franco-Italian semiconductor manufacturer leads the CAC 40 in mid-afternoon trading on Thursday, with a gain of 3.53% at €54.19. During the session, the stock reached €54.32, a new five-year high, surpassing the previous record of €54.26. Over the past year, the performance has reached 132.5%.
A Record at €54.32 Extends a Rally of Over 90% in Three Months
STMicroelectronics continues its climb that began in late April, following the publication of the first quarter 2026 results (revenue up by 23%). Today's session brings the weekly gain to 11.73%, and the quarterly surge now exceeds 90%. The group leads the CAC 40, ahead of Stellantis (+2.82%) and LVMH (+1.74%), while the Paris index gains 0.67% during the session. The European technology momentum supports the movement: ASML is up by 1.33% and ASM International by 1.92%. Across the Atlantic, Micron jumps by 4.83% and Nvidia by 2.29%, in a buoyant semiconductor sector. The previous intraday record for the stock, at €54.26, was set during the session on May 13, during a surge of 6.64%. It has been surpassed today at €54.32.
Stock Price Nears Upper Bollinger Band After a 132% Rally Over a Year
The pace of increase pushes several indicators into the tension zone. The RSI climbs to 78, signaling a marked overbought condition. Notably, the price nearly touches the upper boundary of the Bollinger Bands at €54.64, located at the top of the band at 98%. The stock is significantly above its moving averages, with a gap of more than 24% compared to the MM20 at €43.62. In terms of valuation, the stock is trading at 52.2 times the earnings expected for the current fiscal year and 28.1 times those of the next fiscal year, against a sector average of 25.1 times. The expected growth in earnings per share from one year to the next is 85.8%. The financial calendar now points to the next milestone on July 23, 2026, with the publication of the second quarter results.
