STMicroelectronics: No 2025 Outlook And Depressed Earnings Ahead

  • Q1 2025 results showed a 27.3% decline in sales, significant drops in key divisions, and a 89.1% plummet in net income. STMicroelectronics did not provide full-year 2025 revenue guidance, reflecting current market complexities and potential downside risks in H2. Despite long-term positivity, there are near-term risks, such as demand uncertainty and FX changes. A 10% change in the euro/dollar exchange rate alters STM EBIT by approximately $340–$420 million.