STM
STMicroelectronics N.V.

STMicroelectronics N.V.STM

Technology · Semiconductors
41.72USD
+4.43%
Nov 08, 2026
STM overview ready
Automotive Power Semiconductors and Electrification Control Supplier
STMicroelectronics is a diversified automotive and industrial semiconductor manufacturer with direct exposure to vehicle electrification through silicon-carbide and silicon power devices, automotive microcontrollers, battery-management and power-management chips, MEMS/sensors, and embedded-processing products.
Primary theme is lagging
Analog Semiconductors is lagging (-10.8pp vs SPY over 21 sessions; 3 of 10 members ahead of SPY).
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Attractive valuation
STMicroelectronics N.V.
Low free cash flow yield
Free cash flow yield is weak.
Primary risk
Cyclical automotive demand fluctuations.
Market Nov 6Price action Nov 7Research Aug 8

Conviction Level

PriceAction3.4BusinessPerformance—BusinessQuality—Valuation9.3ThemeMomentum1.0Business Performance not yet available.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
−10.8pp
Theme return
−15.8%
Beating SPY
3 of 10
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$36.7B
Avg Volume (60D)
10.1M
60 sessions
Revenue Growth YoY
+15.8%
Trailing twelve months
Gross Margin
+35.5%
Operating Margin
+6.8%
Trailing twelve months
Free Cash Flow Yield
+0.3%
Distance from 200DMA
-17.2%
Next Earnings
2027-01-28
P/E
74.5x
EV / EBITDA
11.5x
EV / Sales
2.5x
Market metrics as of Nov 7, 2026

Business Performance

Business Quality

Not assessed

Not assessed — the company files under a regime the financial record does not cover yet.

Fundamentals & Valuation

One of the two valuation perspectives says cheap; intrinsic is the dissenting view.
STMicroelectronics N.V. has a Cheap valuation stance because current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.

What changed

  • STM fell 12.4% in one session
    STM closed -12.4% against a broad market that moved -4.4%.
    2026-11-05
  • STMicroelectronics N.V. — 6-K
    Reported on 6-K, dated 2026-11-04. STM closed -6.1% against a broad market that moved +1.6%.
    2026-11-04 · source
  • STMicroelectronics N.V. — 6-K
    Reported on 6-K, dated 2026-11-02.
    2026-11-02 · source
  • STMicroelectronics N.V. — 6-K
    Reported on 6-K, dated 2026-10-29.
    2026-10-29 · source

Company Research

Thesis
STMicroelectronics is a diversified automotive and industrial semiconductor manufacturer with direct exposure to vehicle electrification through silicon-carbide and silicon power devices, automotive microcontrollers, battery-management and power-management chips, MEMS/sensors, and embedded-processing products.
Opportunity
Moderate opportunity
Rising semiconductor content per vehicle from battery-electric and hybrid powertrains, higher-voltage electrical architectures, ADAS, domain control, and electrified auxiliary systems, driving demand for automotive-grade power devices, microcontrollers, sensors, and power-management solutions.
Key risk
Cyclical automotive demand fluctuations.

Economic classification

Loading the economic classification…

Business & Markets

Technology · Semiconductors
What they do

STMicroelectronics designs, develops, manufactures, and sells semiconductor products globally through multiple product segments including analog, MEMS and sensors, power and discrete, embedded processing, and RF products.

How it earns

The company generates revenue primarily through transactional sales of semiconductor components to industrial and automotive customers.

Products & services
Automotive-grade power semiconductors
Microcontrollers
MEMS sensors
Power management chips
Embedded processing products
Customers & end markets
Automotive manufacturers and suppliers
Industrial equipment makers
Market position

STMicroelectronics is a diversified leader in automotive and industrial semiconductors with broad product offerings and direct exposure to vehicle electrification.

Demand drivers
Medium cyclicality

Demand is influenced by automotive production cycles and industrial capital spending, which can be cyclical but supported by structural electrification trends.