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Trending News: C5 Capital and Sibanye-Stillwater to advance nuclear energy in South Africa, the United States and the worldOpinion: Why Nvidia investors are missing the forest for the treesAdani Group investor GQG Partners’ shares crash 25% — on pace for record lossAsian markets live: Nvidia results, Adani accusationsTaiwan Stock Exchange Could Extend Wednesday’s LossesHyundai all-electric Ioniq 9 three-row SUV revealedWhy Trump chose ‘Dr. Oz” to oversee Medicare, Medicaid could be “devastating”Billionaire Gautam Adani accused of fraud and corruption in New YorkSnowflake shares soar as software company’s prospects impressNvidia (NVDA) Q3 2025 Earnings ReportNVIDIA Corporation’s third-quarter profit rises, beating estimatesTrump-Fed risk of conflict ‘very high,’ says leading economistStock Market Today: Live UpdatesEx-div recall for Scotts Miracle-Gro (SMG)Williams-Sonoma shares – up nearly 28% – had just one better day than everSupply chain double whammy looms for U.S. economy in early 2025Marriott to open 2nd EDITION hotels in ShanghaiTarget stock is a notable loser after disappointing earnings reportSoftware firm Odoo hits $5.3 billion valuation in secondary share saleUS closes embassy in Kyiv, warning of potential ‘air attack’Prediction: Tilray Brands won’t be a cannabis company in 5 yearsLibas Consumer Products LimitedTraders reduce bets on Bank of England rate cut after UK inflation reboundsEuropean Central Banks warns of trade tension risks to financial stabilityDelta forecasts sales growth in 2025 thanks to ‘resilient economy’Cathie Wood Just Delivered Fantastic News for Bitcoin InvestorsDelta Air Lines sees opportunity in ‘premium consumer’ as it sets long-term financial goalsLibas Consumer Products LimitedNegotiated salaries in the euro zone increased by 5.42% in 3Q, compared to +3.54% in 2QWhat Trump’s return to the White House may mean for global bond yieldsDisney Treasure Cruise Ship Debuts; the fleet will double by 2031Why Institutions Could Make This Year Pivotal for CryptoSocial Security benefits get a 2.5% cost-of-living adjustment (COLA) in 2025. 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Should investors worry?Japan trade data, China lending ratesAffordable Robotic & Automation LimitedChina Shares May Extend Tuesday’s GainsJapan exports rise more than expected, rebounding from 43-month lowComcast stock gains on report that NBCUniversal cable networks will be spun offComcast will announce the spinoff of cable networks Wednesday, CNBC source saysKnowledge Marine & Engineering Works LimitedWhy IonQ Stock Surged TodayRFK Jr. may start a food and drug culture war. Investors are running for cover.Knowledge Marine & Engineering Works LimitedTrump urges Senate GOP to block Biden’s last judicial nomineesCitizens Financial Group’s Preferred Stock, Series E Crosses Above 6% Yield TerritoryWaaree Energies LimitedTrump’s pick for commerce secretary is Lutnick. 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Thu. Nov 21st, 2024

STMicroelectronics unveils its 2027-2028 financial model


(RTTNews) – STMicroelectronics (STM) presented its 2027-2028 financial model and the path to its 2030 ambition at its Capital Markets Day in Paris, France.

The company reiterated its $20 billion-plus revenue ambition and associated financial model, which it now hopes to achieve by 2030. The company also outlined an interim financial model with expected revenues around 18 billion dollars with an operating margin between 22 and 24%. in 2027-2028.

The company expects to exit 2027 with high triple-digit, $1 million savings compared to the current cost base. This will allow the company to achieve an operating margin of between 22 and 24% in 2027-2028.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



https://www.nasdaq.com/articles/stmicroelectronics-unveils-2027-2028-financial-model

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