ON Semiconductor Corp. has been trending amid its fluctuating stock performance. Despite outperforming competitors on several trading days, the company's shares sometimes fell as the broader market gained. The firm posted significant gains in May, but also experienced a notable plunge projected for 2025. International revenue performance was thoroughly analyzed, and concerns about revenue growth led to a downgrade. Q1 and Q4 earnings results had mixed reception, with some estimates met and some missed. The semiconductor stock got the attention of prominent market personalities like Jim Cramer, who expressed bullish sentiments even amidst tough periods. However, some news regarding the company's stock performance pointed towards underperformance compared to competitors. An attempt to acquire Allegro MicroSystems was withdrawn, sparking interest among investors. Across multiple reports, the corporation has been positioned as an undervalued stock, particularly within the EV field, hinting at potential buying opportunities.
On Semiconductor Corp ON News Analytics from Mon, 28 Oct 2024 07:00:00 GMT to Tue, 27 May 2025 20:30:00 GMT -
Rating 0
- Innovation 5
- Information 7
- Rumor -5