STMicroelectronics NV ADR
STM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| z$ | LOCK|hV<Wg | LOCK|>tM#$?% |
STMicro Earnings: Strong Medium-Term AI Demand Offsets Modest Near-Term Weakness
STMicroelectronics reported second-quarter revenue of $3.49 billion, up 26% year over year and above the midpoint of guidance. ST forecasts third-quarter revenue of $3.70 billion, which would be up 16% year over year but below FactSet consensus estimates of $3.79 billion.
