As of May 26, 2023, an investor who had purchased $1000 worth of STMicroelectronics (STM) stock a decade ago could have sold it for a whopping $4,732.55. This is based on the current price of $44.06 for STM. The past decade has been incredibly fruitful for STMicroelectronics, with an annualized return of 16.58%. This is a significant outperformance of the market by 6.84% on an annualized basis. The total return for the past ten years, which ended on April 28, 2023, was an impressive 524.22%. As of May 20, 2023, STMicroelectronics has a market capitalization of $37.60 billion.
STM Stock Update: May 26, 2023 – Opening Price, Volume, Market Cap, and More
On May 26, 2023, STM stock opened at $42.76 and had a day’s range of $42.70 to $44.24, with a volume of 5,688,274. The market cap for STM was $40.6B. The company operates in electronic technology and semiconductors and is headquartered in Plan-Les-Ouates, Geneve. STM’s next reporting date is on July 27, 2023, with an EPS forecast of $1.08. The company’s annual revenue for last year was $16.1B, while its annual profit was $4.0B. The net profit margin for STM was 24.55%.
STMicroelectronics NV (STM) Stock Price Analysis: Potential Increase of 30.01% with Median Target Price of 57.25
On May 26, STMicroelectronics NV (STM) had a median target price of 57.25, with a high estimate of 80.35 and a low estimate of 35.23, according to data from CNN Money. This indicates a potential increase of 30.01% from the last price of 44.04.
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