Robert W. Baird analyst Tristan Gerra maintained a Hold rating on Stmicroelectronics (NYSE:STM) NV on Thursday, setting a price target of $45, which is approximately 20.68% above the present share price of $37.29.
Gerra expects Stmicroelectronics NV to post earnings per share (EPS) of $0.64 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Stmicroelectronics, with an average price target of $46.51.
The analysts price targets range from a high of $51 to a low of $42.7.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $3.24 billion and a net profit of $664 million. The company's market cap is $33.57 billion.
According to TipRanks.com, Robert W. Baird analyst Tristan Gerra is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.2% and a 64.24% success rate.
Founded in 1987 and based in Switzerland, STMicroelectronics NV develops, manufactures, and markets semiconductor products in Europe, the Middle East, and Africa (EMEA), the Americas, and the Asia Pacific. It operates through the following segments: Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group.