DBS analyst Amanda Tan has maintained their neutral stance on 0INB stock, giving a Hold rating on April 24.
Amanda Tan’s rating is based on a combination of factors that reflect both the challenges and potential opportunities for STMicroelectronics NV. Despite the company achieving a significant earnings surprise with adjusted EPS outperforming expectations, there has been a notable decline in revenue, primarily due to weaknesses in the automotive, industrial, and personal electronics sectors. This revenue decline, coupled with limited earnings visibility amid ongoing tariff risks, contributes to a cautious outlook.
Furthermore, while STMicroelectronics holds a strong position in the microcontroller and power semiconductor markets, the recent inventory corrections and allocation decisions have impacted sales. The company’s ambitious revenue targets are supported by favorable industry trends, but consensus estimates remain conservative due to low visibility in industrial markets. Additionally, the loss of a major customer and the broader economic downturn present further challenges. Given these mixed signals, Amanda Tan has opted for a Hold rating, suggesting that the stock is likely to trade within a range until clearer demand visibility emerges.
In another report released on April 24, Morgan Stanley also maintained a Hold rating on the stock with a €22.00 price target.
0INB’s price has also changed moderately for the past six months – from EUR26.015 to EUR20.537, which is a -21.06% drop .