ON Semiconductor Corp (ON) has been experiencing several market fluctuations. Despite this, it has shown resilience, with multiple earnings reports delivering results above estimates, contributing to stock upswings. Some analysis indicates that
ON's stock could be below its intrinsic value estimate, signalling potential for growth. Despite recent volatility, it's also attracting investor attention due to its strong Q3 outlook, signalling stability amidst uncertainty. There's a particular focus on
ON's performance in international markets and its potential for long-term gain. Its Q1 2024 and Q2 2024 earnings surpassed both revenue and EPS estimates. However, there's been insider selling at
ON from its Exec VP, CFO and Group President, and some market reactions have been unfavorable to
ON's stock. The corporation's commitment to SiC growth is notable amidst the growing demand in the electric vehicle sector. Nonetheless, a class action lawsuit has been filed against
ON, which investors should consider.
On Semiconductor Corp ON News Analytics from Mon, 08 May 2023 07:00:00 GMT to Thu, 29 Aug 2024 19:18:15 GMT -
Rating 7
- Innovation 2
- Information 10
- Rumor -6
