Finance
STMicroelectronics CEO sees first-quarter revenue at usual levels
Published by Global Banking and Finance Review
Posted on November 12, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 12, 2025
1 min readLast updated: January 21, 2026
STMicroelectronics CEO forecasts steady Q1 2026 revenue with 20% growth year-over-year, despite a weaker recovery. Analysts expect a 10% decline from Q4.
(Reuters) -STMicroelectronics' Chief Executive Jean-Marc Chery said he expects 2026 to start at usual levels, noting that a weaker recovery than expected this year will not lead to the accumulation of inventory at its customers.
Speaking at a Morgan Stanley conference, Chery projected first-quarter revenue to decline 10% to 11% from the upcoming fourth quarter it forecast at $3.28 billion, while still marking about 20% growth from a year earlier.
"Which is positive news confirming that we are almost free of material inventory correction," he said.
Analysts polled by LSEG expect revenue for the first quarter of 2026 at $2.98 billion, 10% lower than the projected fourth quarter.
STMicroelectronics is slowly recovering from a long downturn in the automotive, industrial and personal electronics chip markets, hurt by a sustained buildup of inventory at its customers.
Its shares rose 1.4% at 1113 GMT following the event.
(Reporting by Nathan Vifflin in Gdansk, Editing by Louise Heavens)
Revenue is the total amount of money generated by a company's sales of goods or services before any expenses are deducted. It is a key indicator of a company's financial performance.
A market downturn is a period when the prices of securities fall significantly, often leading to a decrease in investor confidence and economic activity. It can be caused by various factors.
Growth in finance refers to the increase in a company's revenue, profits, or market share over a specific period. It is often measured as a percentage increase compared to previous periods.
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