Stmicroelectronics Stock Already Factors in Growth Expectations
Dow Jones
Jul 23
0643 GMT - STMicroelectronics shares already reflect a recovery across its end markets and an acceleration in revenue from data centers, Citi analysts write in a note to clients. The European chip maker's second-quarter results and guidance are roughly in line with consensus and shares have risen accordingly this year, analysts say. STMicroelectronics stock has more than doubled in value since January, up nearly 160%. "Without estimate momentum today, shares may struggle in the near-term," analysts say. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
July 23, 2026 02:43 ET (06:43 GMT)
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