STMicroelectronics Announces Status of Common Share Repurchase Program

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STMicroelectronics (STM) PT Lowered to $27 at BofA Securities

June 4, 2025 8:05 AM EDT

BofA Securities analyst Didier Scemama lowered the price target on STMicroelectronics (NYSE: STM) to $27.00 (from $32.00) while maintaining a Neutral rating.

The analyst comments "We raise CY25/26 EPS estimates by 5.6% and 8.3%, respectively, reflecting (A) positive comments from STMs CEO on Q2/Q3 trends,... More