Analysts expect STMicroelectronics to report third-quarter 2026 revenue of $3.72 billion and earnings per share of $0.40, with the current stock price of $45.19 trailing the average analyst price target of $76.17.
Investors are primarily focused on the company’s gross margin performance, which is projected at approximately 37.0% for the quarter. This focus stems from the company's aggressive pivot toward AI and data center infrastructure, where it aims to exceed $1 billion in segment revenue by the end of the fiscal year.
Performance is further supported by a gradual recovery in the industrial sector and sustained demand for high-performance silicon carbide chips in the automotive market.