ON Semiconductor Corp. (ON) seems to be experiencing fluctuations in its performance measured against the
stock market in 2025. Despite some strong trading days where it
outperformed competitors, the stock has largely been reported to
sink and decline in the overall market gains. The company missed
Q4 earnings and revenue estimates, with international revenue performance also explored. Uncertainty shrouds its financial condition as insider trading sees large-cap stocks being dumped. Alongside this, the
stock has undergone losses on certain days despite outperforming competitors.
Billionaire Michael Platt is nevertheless observed to pick ON as a potential choice with huge upside potential. The company has faced challenges outlined in their Q4 2024 earnings call. The company withdrew their proposal to acquire
Allegro Microsystems and announced
significant impairment charges as part of a restructuring plan. Yet, optimism springs from Wall Street analysts, seeing potential value in the depressed state of the stock.
Earnings forecasts, however, have been missed due to soft demand.
On Semiconductor Corp ON News Analytics from Tue, 17 Sep 2024 07:00:00 GMT to Sat, 03 May 2025 19:12:15 GMT -
Rating -4
- Innovation 0
- Information 0
- Rumor -3