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Research Alert: CFRA Maintains Buy Recommendation On Adss Of Stmicroelectronics N.v.

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CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We maintain our Buy recommendation on ADSs of STMicroelectronics as we raise our target price to USD76 (up from USD60). This implies a 2026 P/E of 59x and 2027 P/E of 32x, which is above its 10-year historical average of 19x. This is justified by its strategic pivot toward higher-margin growth areas such as silicon carbide and MEMS sensors, in our view. That said, we see limited upside potential given that STM trades above its five-year average P/E amid a challenging operating environment. Our 2026 EPS estimate is USD1.30 and our 2027 EPS estimate is USD2.40 (raised from USD2.10). We remain positive as we see STMicroelectronics riding on the ongoing AI trend with its new line of ultralow-power sensors for wearables and AI data center momentum.

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