On Wednesday, January 21, 2026, STMicroelectronics shares gained 3.21%, closing at 24.24 euros after a nearly 2% decline the previous week. The semiconductor manufacturer was named in the Clarivate Top 100 Global Innovators 2026 for the fifth consecutive year, a recognition that comes amid market focus on the Franco-Italian group's ability to improve its margins. The stock has risen 11.1% from the technical threshold of 21.82 euros crossed at the beginning of January.
The recent performance of the stock is partly explained by improved analyst sentiment. Equita SIM upgraded its recommendation to 'buy' on January 15, raising its target from 22 to 30 euros, representing a potential increase of nearly 24% from the current price. The following day, TD Cowen maintained its rating but raised its target from 21.50 to 27.50 euros. These revisions reflect a strategic repositioning expected for 2026 and 2027, as the company is in the midst of an industrial rationalization phase. Investors are also anticipating the publication of the annual 2025 results scheduled for January 29. While these price adjustments remain below the 30 euros mentioned by other participants like Jefferies or Goldman Sachs at the beginning of January, they indicate a gradual reevaluation of the case after a year 2024 marked by a 23% drop in revenue and a shift into the red in the second quarter of 2025.
Technical Analysis and Market Indicators
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
Almost there! Check your inbox.
A confirmation email has been sent. Click the link to confirm your subscription.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
From a technical standpoint, crossing the 50-day moving average, positioned at 21.82 euros, represents an initial signal of stabilization after the drift observed since mid-2023. The RSI stands at 57, a neutral zone that leaves room before reaching overbought levels, while the one-month volatility is at 10.51, reflecting a certain caution from participants given the sectoral uncertainties. The major resistance now stands at 25.02 euros, a level close to the upper limit of the Bollinger bands at 25.54 euros. Surpassing this threshold could pave the way towards 27 euros, an intermediate target mentioned by several research firms. Conversely, support remains at 21.81 euros, a critical zone below which the stock could weaken again. The upcoming sessions will be crucial to confirm or refute this attempt to break higher.
« 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.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
