STMicroelectronics Forecasts $4.15 Billion in Q4 Revenue, Reaffirms Margin Model
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STMicroelectronics forecast fourth-quarter 2026 revenue of $4.15 billion at the midpoint and a 39% gross margin, while reaffirming a higher margin model for 2027-2028 tied to manufacturing changes. The revenue midpoint is 10.5% above the third quarter and 24.7% higher than the year-earlier quarter. ST set a range of plus or minus 350 basis points around the revenue midpoint. The gross-margin forecast has a range of plus or minus 200 basis points and includes about 40 basis points of unused-capacity charges. ST’s fourth-quarter outlook does not account for any further changes to current global trade tariffs.
Source: TokenPost
