Oddo BHF cuts target to EUR 70.00 for STMicroelectronics stock

Published on 10/16/2026 at 15:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 29, 2026. STMicroelectronics stock costs EUR 40.90 on October 16, 2026, down 1.23 percent versus the Euronext close.

Analyst target and reporting date

Oddo BHF cut its target from EUR 72.00 to EUR 70.00 on October 13, 2026.
STMicroelectronics will report third-quarter results on October 29, 2026.
STMicroelectronics stock costs EUR 40.90 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST, down 1.23 percent versus the Euronext close of October 15, 2026.
The price-to-earnings ratio is 91.77 and market capitalization is USD 41.6 billion as of October 16, 2026.

Photorealistic semiconductor cleanroom with technician in white bunny suit holding wafer carrier — STMicroelectronics NL0000226223 cleanroom technician carries silicon wafer cassette under lithography safety lights, Illustration mit AI erstellt.

Ideal Investisseur reported that Oddo BHF lowered its STMicroelectronics target from EUR 72.00 to EUR 70.00 on October 13, 2026, while retaining an outperform rating. The target lies 71.15 percent above the current euro price. STMicroelectronics was trading at EUR 40.90 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST, down 1.23 percent versus the Euronext close of October 15, 2026 at EUR 41.41.

Target remains above the market

The reduced target still leaves a wide gap to the German euro quote. For investors, the key distinction is that Oddo BHF changed the valuation level but kept its positive rating, making the target revision a more cautious signal than a full change of stance.

The comparison is also visible in the companys valuation. STMicroelectronics had a price-to-earnings ratio of 91.77 and a market capitalization of USD 41.6 billion as of October 16, 2026. Those figures come from the NYSE-listed instrument, while the reference price for German readers is the euro quotation at Lang & Schwarz.

What comes before the next report

STMicroelectronics has scheduled its third-quarter 2026 earnings release for October 29, 2026, before European trading opens, according to the companys STMicroelectronics release dated October 5, 2026. The conference call is scheduled for 9:30 a.m. CET on the same date.

Comparison with peers

STMicroelectronics (NYSE, USD): plus 0.02 percent, price-to-earnings ratio 91.77, market capitalization USD 41.6 billion.

Infineon Technologies (Xetra, EUR): minus 0.06 percent, price-to-earnings ratio 57.35, market capitalization EUR 68.3 billion.

Advanced Micro Devices (Nasdaq, USD): minus 2.61 percent, price-to-earnings ratio 140.55, market capitalization USD 893.8 billion.

Price position and next date

The euro quote sits below the EUR 70.00 target and below the EUR 41.41 Euronext close used for the daily comparison. The scheduled October 29 report is the next dated company event and offers the next test for revenue, earnings and margin expectations.

STMicroelectronics was trading at EUR 40.90 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST, down 1.23 percent versus the Euronext close of October 15, 2026 at EUR 41.41. The further course of trading is shown by the continuously updated real-time quote of STMicroelectronics stock.