ON Semiconductor Corp. (ON) has been trending in the market due to various reasons. Amidst market fluctuations, the stock has seen a mix of highs and lows. Despite market gains, sometimes the stock has sunk, while other times it has outperformed the market. Several key facts have been provided about the corporation, including its reliance on international revenue and its strong Q3 outlook. This information might be useful for prospective investors. Q2 results were impressive with revenue and EPS beating estimates. Analyst views and Wall Street opinions vary, but the general consensus is that ON is a good investment. BlackRock Inc.'s acquisition of shares and strategic SWOT insights into the corporation suggest potential long-term gain. Viewpoints on ON's commitment to building an AI-powered future and expansion plans, like the acquisition of SWIR and SiC footprint expansion in the Czech Republic, are also notable. However, the company faced a class action lawsuit and its Q4 guidance disappointed Wall Street, causing a major drop in stock price.
On Semiconductor Corp ON News Analytics from Fri, 15 Jul 2016 18:37:31 GMT to Wed, 16 Oct 2024 22:00:21 GMT -
Rating -6
- Innovation 8
- Information 5
- Rumor 3
