STMicroelectronics N.V. STM reported stronger third-quarter 2026 results, with revenue rising to $3.8 billion, up 17.9% year over year. Gross profit climbed to $1.4 billion, while operating profit more than doubled to $367 million, showing improved profitability across the business.
Net income attributable to common shareholders increased to $291 million, and diluted earnings per share came in at $0.31, both higher than a year ago. Cash from operating activities was a standout, surging to $1.0 billion, reflecting much stronger cash generation during the quarter.
On the balance sheet, cash and cash equivalents stood at $2.6 billion. The company also continued to invest in its operations, with purchases of property, plant and equipment totaling $649 million. Total liabilities were $8.4 billion, up from the prior year.
- Revenue: $3.8 billion, up 17.9%
- Gross profit: $1.4 billion, up 32.3%
- Operating profit: $367 million, up 103.9%
- Net income: $291 million, up 22.8%
- Operating cash flow: $1.0 billion, up 189.8%
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
STMicroelectronics N.V. Hedge Fund Activity
We have seen 400 institutional investors add shares of STMicroelectronics N.V. stock to their portfolio, and 184 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WT ASSET MANAGEMENT LTD removed 5,755,892 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $307,134,397
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 3,481,035 shares (+inf%) to their portfolio in Q2 2026, for an estimated $260,694,711
- JPMORGAN CHASE & CO added 3,068,232 shares (+inf%) to their portfolio in Q2 2026, for an estimated $229,779,894
- ARTISAN PARTNERS LIMITED PARTNERSHIP added 2,797,540 shares (+inf%) to their portfolio in Q2 2026, for an estimated $209,507,770
- POINT72 ASSET MANAGEMENT, L.P. added 2,719,871 shares (+707.2%) to their portfolio in Q2 2026, for an estimated $203,691,139
- MILLENNIUM MANAGEMENT LLC removed 2,524,854 shares (-56.5%) from their portfolio in Q2 2026, for an estimated $189,086,316
- HOLOCENE ADVISORS, LP added 2,468,950 shares (+9276.5%) to their portfolio in Q2 2026, for an estimated $184,899,665
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
STMicroelectronics N.V. Price Targets
Multiple analysts have issued price targets for $STM recently. We have seen 2 analysts offer price targets for $STM in the last 6 months, with a median target of $83.5.
Here are some recent targets:
- Vijay Rakesh from Mizuho set a target price of $84.0 on 06/03/2026
- Didier Scemama from B of A Securities set a target price of $83.0 on 06/02/2026
