TD Cowen cuts target for STMicroelectronics stock to USD 50.00

Published on 10/27/2026 at 16:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results arrive October 29, 2026. STMicroelectronics stock costs EUR 42.92 on October 27, 2026, 39.41 percent below its EUR 70.85 52-week high.

Analyst target and reporting date

TD Cowen cut its STMicroelectronics target from USD 55.00 to USD 50.00 on October 20, 2026.
STMicroelectronics will report third-quarter 2026 results on October 29, 2026.
STMicroelectronics stock costs EUR 42.92 at Lang & Schwarz on October 27, 2026 at 4:10 p.m. CEST, 39.41 percent below its EUR 70.85 52-week high.
Second-quarter 2026 revenue reached USD 3.49 billion, while gross margin was 34.8 percent.

STMicroelectronics, NL0000226223, Illustration mit AI erstellt.

TD Cowen lowered its price target for STMicroelectronics (ISIN NL0000226223) from USD 55.00 to USD 50.00 and maintained a Hold rating in a report dated October 20, 2026, according to MarketBeat. The target cut puts the analyst view below the USD 76.17 average target cited for 12 analysts on October 24, 2026. STMicroelectronics was trading at EUR 42.92 at Lang & Schwarz on October 27, 2026 at 4:10 p.m. CEST.

Results arrive on October 29

STMicroelectronics is scheduled to report third-quarter 2026 results on October 29, 2026, as stated on its investor-relations site. That date gives the target cut an immediate test: the next report will show whether the recovery visible in the second quarter carried into the latest period.

The company reported USD 3.49 billion of revenue for the second quarter of 2026, with gross profit of USD 1.215 billion and operating profit of USD 187.0 million. Its investor-relations page also listed second-quarter gross margin at 34.8 percent and year-over-year revenue growth of 26.00 percent.

What does the price position mean?

The euro quotation sits 39.41 percent below the EUR 70.85 52-week high and above the EUR 18.20 low. The market capitalization was USD 38.3 billion on October 27, 2026, while the reported price-to-earnings ratio was 94.60. These figures frame a stock with a wide valuation debate before the results date.

Valuation and next steps

J.P. Morgan maintained a Hold rating and set a EUR 71.50 target on October 21, 2026, according to Markets Insider. That target is in euros, unlike TD Cowen's USD target, so the two views are not directly comparable without an exchange-rate conversion. The October 29 report is the next dated event for investors.

Price and investor perspective

For investors, the upcoming report matters because the second-quarter comparison combined strong revenue growth with a 34.8 percent gross margin. The current quotation remains well below its annual high, while the recent analyst targets point to differing assumptions about the earnings recovery.

STMicroelectronics was trading at EUR 42.92 at Lang & Schwarz on October 27, 2026 at 4:10 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of STMicroelectronics stock.