STMicroelectronics (STMPA.PA): Recovery gathering momentum, but already in 2026 expectations

Research evidence excerpt

STMicroelectronics (STMPA.PA): Recovery gathering momentum, but already in 2026 expectations

STMicroelectronics (STMPA.PA)

23 July 2026 Citi Research

Citigroup Global Markets Inc. or its affiliates has a net short position of 0.5% or more of any class of common equity securities

of STMicroelectronics.

Within the past 12 months, Citigroup Global Markets Inc. or its affiliates has acted as manager or co-manager of an offering of

securities of STMicroelectronics.

Citigroup Global Markets Inc. or its affiliates received compensation for products and services other than investment banking

services from STMicroelectronics in the past 12 months.

Citigroup Global Markets Inc. or its affiliates currently has, or had within the past 12 months, the following as investment

banking client(s): STMicroelectronics.

Citigroup Global Markets Inc. or its affiliates currently has, or had within the past 12 months, the following as clients, and the

services provided were non-investment-banking, securities-related: STMicroelectronics.

services provided were non-investment-banking, non-securities-related: STMicroelectronics.

Citigroup Global Markets Inc. and/or its affiliates has a significant financial interest in relation to STMicroelectronics. (For an

explanation of the determination of significant financial interest, please refer to the policy for managing conflicts of interest

which can be found at www.citiVelocity.com.)

Analysts’ compensation is determined by Citi Research management and Citigroup’s senior management and is based upon

activities and services intended to benefit the investor clients of Citigroup Global Markets Inc. and its affiliates (the “Firm”).

Compensation is not linked to specific transactions or recommendations. Like all Firm employees, analysts receive