STMicroelectronics jumps as Q1 results top outlook midpoint and Q2 revenue guide comes in strong

STMicroelectronics (STM) is up 11.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears driven by STMicroelectronics’ first-quarter 2026 earnings release and forward guidance, with revenue coming in above the midpoint of its prior outlook and management projecting a sequentially higher Q2 revenue midpoint. Investors also seemed to focus on signs of improving operating performance and commentary tying growth to engaged customer programs and longer-cycle themes like AI infrastructure.

Details:

ST reported Q1 2026 net revenues of $3.10 billion, which the company said came in above the midpoint of its outlook range.

Gross margin was 33.8% in Q1, and operating income was reported at $70 million, indicating a year-over-year improvement in operating profitability.

For Q2 2026, the company guided to a net revenues midpoint of about $3.45 billion, implying sequential growth from Q1.

ST noted that Q1 results benefited from higher revenues in engaged customer programs within Personal Electronics and its communications/equipment segment, and it also referenced a contribution from the acquired NXP MEMS sensor business.

Sources:

ST Newsroom, Nasdaq, StockTitan

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$STM Hedge Fund Activity

We have seen 148 institutional investors add shares of $STM stock to their portfolio, and 171 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

SLATE PATH CAPITAL LP added 5,280,500 shares (+inf%) to their portfolio in Q4 2025, for an estimated $136,976,170
ANALOG CENTURY MANAGEMENT LP removed 2,780,953 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $72,137,920
BANK OF AMERICA CORP /DE/ removed 1,970,678 shares (-58.5%) from their portfolio in Q4 2025, for an estimated $51,119,387
WOODLINE PARTNERS LP added 1,920,099 shares (+inf%) to their portfolio in Q4 2025, for an estimated $49,807,368
MORGAN STANLEY added 1,778,113 shares (+40.6%) to their portfolio in Q4 2025, for an estimated $46,124,251
MARSHALL WACE, LLP added 1,647,305 shares (+inf%) to their portfolio in Q4 2025, for an estimated $42,731,091
BLACKROCK, INC. added 1,559,333 shares (+23.2%) to their portfolio in Q4 2025, for an estimated $40,449,098

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$STM 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 $44.0.

Here are some recent targets:

Vijay Rakesh from Mizuho set a target price of $48.0 on 04/17/2026
Christopher Rolland from Susquehanna set a target price of $40.0 on 02/23/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.