STM
STMicroelectronics NV ADR
NYSE: STM · TECHNOLOGY · SEMICONDUCTORS
$77.30
-1.05% today
Updated 2026-06-12
Market cap
$70.67B
P/E ratio
496.94
P/S ratio
5.71x
EPS (TTM)
$0.16
Dividend yield
0.45%
52W range
$21 – $81
Volume
11.8M
STMicroelectronics NV ADR (STM) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed STM price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$77.30
Today
Analyst consensus
$56.30
-27.17% · 12M
2030 Base
$79.37
+2.68% future
NPV today
$45.55
@ 13% WACC
31 analysts:
10 Buy1 Hold3 Sell
Management guidance
STMicroelectronics targets >$3 billion in cumulative Low-Earth Orbit (LEO) semiconductor revenue between 2026-2028, driven by long-term Starlink partnership. Company expects data center revenue to surpass $1 billion by 2027 and AI chip revenue to reach $1 billion by 2027, signaling accelerating growth in high-margin segments. Management has signaled accelerating sales growth in Q2 2026 guidance after Q1 beat, though near-term automotive segment faces margin pressure requiring cost restructuring.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
STM · STMicroelectronics NV ADR · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$42.72
NPV today: $24.52
Base case (2030)
$79.37
NPV today: $45.55
Bull case (2030)
$152.67
NPV today: $87.62
WallStSmart.com
STM financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $11.8B | $15.1B | $18.9B | $23.4B | $28.2B | $33.1B |
| Revenue growth | -10.8% | 28.1% | 25.2% | 23.8% | 20.5% | 17.3% |
| Net margin | — | 8.4% | 12.7% | 14.8% | 16.3% | 17.3% |
| EPS | $0.53 | $1.42 | $2.68 | $3.87 | $5.12 | $6.34 |
| Diluted shares | — | 892M | 895M | 898M | 900M | 903M |
| Net debt | — | $-436.55M | $-1.36B | $-2.49B | $-3.87B | $-5.48B |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $34.33 | $43.75 | $54.91 | $66.93 | $79.37 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $33.1B | $33.1B | $33.1B |
| P/S multiple | 1.0x | 2.0x | 4.0x |
| Diluted shares | 903M | 903M | 903M |
| Net debt | $-5.48B | $-5.48B | $-5.48B |
| Implied P/E † | 7x | 13x | 24x |
| 2030 Price | $42.72 | $79.37 | $152.67 |
| NPV @ 13% | $24.52 | $45.55 | $87.62 |
† Implied P/E: Multiples remain elevated across all three scenarios because STM is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $79.37 base case
STM catalysts and risks
Growth catalysts
+ AI data center revenue acceleration ($1B+ by 2027 per guidance)
+ LEO/satellite semiconductor expansion ($3B cumulative revenue 2026-2028 from Starlink deal)
+ Automotive segment recovery post-restructuring and cost optimization
+ Ultra-low-power sensor adoption in wearables and AR/VR (new VD55G4/VD65G4 launch)
+ Advanced microcontroller and GaN power converter traction in edge AI and industrial
+ Potential Chinese LEO satellite constellation supply opportunities
Key risks
- Automotive sector cyclicality and near-term margin compression (disclosed in recent guidance)
- Geopolitical concentration risk: ~90% LEO market share dependent on single Starlink customer
- Global semiconductor cycle downturn or extended order timing delays in industrial/IoT
- Competitive pressure from NVIDIA, Qualcomm, and foundries in AI chip segment
- Manufacturing footprint restructuring execution risk and one-time costs
- Valuation risk: stock trading at 405x P/E (TTM) reflecting extreme forward growth expectations
Methodology · STMicroelectronics NV ADR 2030 stock forecast model
STMicroelectronics NV ADR 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 31 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (2% cumulative for STM by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-5.48B by 2030) |
| 3. Time value | NPV calculated using 13% WACC (CAPM: beta 1.513) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 4.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.
STM price target FAQ
What is the STM price target for 2030?
WallStSmart's STMicroelectronics NV ADR 2030 base case is $79.37 per share, with a bull case of $152.67 and bear case of $42.72. The NPV of the base case discounted to today at 13% WACC is $45.55.
How is the STMicroelectronics NV ADR 2030 stock forecast calculated?
The STM 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the STM price target account for dilution?
STMicroelectronics NV ADR is projected to grow diluted share count from 889M to 903M by 2030 (a 2% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 2%.
What is the analyst consensus on STM stock?
31 analysts cover STM with an average 12-month price target of $56.30. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.