STMicroelectronics forecasts first-quarter revenue slightly above expectations, citing signs of recovery in core markets like automotive and consumer electronics. Shares rise up to 5% in early trading. CEO Jean-Marc Chery remains optimistic about 2026.

Fourth-quarter net income was $125 million, below expectations, with a $141 million restructuring cost. Revenue forecast for Q1 is $3.04 billion, above last year’s $2.71 billion. Analysts are optimistic about the company’s future performance.

Unlike competitors like Nvidia and Samsung, STMicro focuses on microcontrollers and power-management components. Restructuring costs will impact 2026 as the company shifts production to more advanced sites to drive gross margin improvement.

STMicro facing restructuring costs in 2026 after booking a $141 million hit in Q4. Finance chief Lorenzo Grandi expects cost impacts in every quarter. Operational charges set to decline through the year to drive gross margin improvement. Investors remain cautiously optimistic about the company’s future.

Read more at Yahoo Finance: STMicro upbeat on 2026 visibility, warns restructuring costs will continue to weigh