STMicroelectronics Shares Struggle at Key Resistance Level of 28.89 Euros
STMicroelectronics shares fell 2.29% this Friday, March 6, trading at 27.94 euros compared to 28.60 euros the previous day. This decline occurs as the stock has been trading near a major technical threshold for several sessions. Over three months, however, the stock still shows a significant gain of nearly 25%.
Today's decline brings STMicroelectronics below its technical resistance located at 28.89 euros, a level the stock has not managed to sustainably surpass this week. This rejection near this threshold is part of a weekly decline of 3.17%, following a quarter marked by a pronounced recovery from the December lows. The RSI, which measures buying momentum, is at 51, indicating a neutral zone that reflects neither bullish excess nor significant selling pressure. The price remains well above its 50-day moving average (25.51 euros), indicating an underlying trend that is still favorably oriented despite the current pause. Over one year, the performance reaches 21.61%, supported by the gradual rebound of the European semiconductor sector. The next market appointment is set for April 23, the date of the first quarter 2026 results publication.
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The Franco-Italian group unveiled the day before a new generation of entry-level microcontrollers, named STM32C5, aimed at connected devices in industrial and consumer environments. This expansion of the embedded range aims to consolidate the manufacturer's position in the growing smart objects market, a segment where demand is driven by the digitization of industrial processes and the rise of the Internet of Things. This launch expands STMicroelectronics' product portfolio in a strategic niche, as competition intensifies among European, American, and Asian players in the low-energy chip market. However, the announcement was not enough to contain the downward pressure observed during the session, with the stock evolving in a context of technical consolidation after a quarter of strong gains. The publication of the quarterly accounts at the end of April will provide initial insights into the contribution of these new product lines to the group's revenue.
« 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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