STMicroelectronics stock gained 6.54 percent on October 2

Published on 10/04/2026 at 20:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

STMicroelectronics stock posted a EUR 50.34 close on October 2 after Q2 revenue reached USD 3.49 billion. Analysts set a 20-member Buy consensus at EUR 68.81.

Overhead flatlay of silicon wafer surrounded by microchips, IC sockets, soldering iron, and multimeter — STMicroelectronics NL0000226223 flatlay silicon wafer microchips IC sockets soldering iron multimeter schematic, Illustration mit AI erstellt.

STMicroelectronics (ISIN NL0000226223) closed at EUR 50.34 on Euronext Paris on October 2, up 6.54 percent from EUR 47.25. The next scheduled earnings date is October 29, 2026, according to Investing.com.

Q2 revenue rises 26 percent

STMicroelectronics reported USD 3.49 billion in Q2 2026 revenue, up 26 percent year over year, while gross margin reached 34.8 percent, per the company investor-relations page dated July 23, 2026. The figures mark a sharp improvement in sales momentum compared with the weaker 2025 comparison base.

STMicroelectronics also reported quarterly adjusted earnings of USD 0.31 per share against a USD 0.26 consensus estimate, while revenue exceeded the USD 3.46 billion forecast, according to MarketBeat.

Analysts keep a Buy consensus

The analyst picture remains constructive but leaves a wide valuation gap. On October 2, Investing.com listed 20 analysts with an overall Buy rating, an average 12-month price target of EUR 68.81, a high target of EUR 86.63 and a low target of EUR 49.08.

The average target lies 36.69 percent above the October 2 closing price. That spread places the recovery story at the center of the investment debate, because the Q2 sales rebound must develop into sustained earnings growth rather than remain a single-quarter improvement.

Stock remains below its yearly high

STMicroelectronics shares traded within a 52-week range of EUR 18.20 to EUR 70.85 on the October 2 market snapshot. The company carried a market capitalization of EUR 44.91 billion and trading volume of 2,710,000 shares on the same date.

The closing price was 28.95 percent below the 52-week high, while the 6.54 percent daily gain gave the stock its strongest immediate signal in the figures available for the completed session. For investors, the October 29 results date now provides the next concrete checkpoint for revenue, margin and earnings delivery.

STMicroelectronics stock closes at EUR 50.34

STMicroelectronics stock closed at EUR 50.34 on Euronext Paris on October 2, 2026. The price was supported by a 26 percent year-over-year Q2 revenue increase, but it remained below the EUR 70.85 52-week high.