ON Semiconductor Corp (ON) has been a strong contender in the semiconductor market where it largely outperformed. Nonetheless, the company's stock experienced dips and losses amidst market gains and suffered underperforming days compared to competitors. In certain periods, the company's shares dipped by more than 23% post-earnings reports and more than 43% over a span of 6 months. Despite these drops, analysts remained optimistic, observing undervaluation and
international revenue growth. Revenues falls and earnings estimates misses in Q4 2024 and Q1 2025 were balanced by beats in other quarters, while its earnings calls highlighted strategic market navigation. The company drew attention as a trending and cheap Semiconductor stock and a potential EV play, suffering short-sellers attention but continuing to attract investments. ON faced heavy competition, surges in stock price, and a fair price take-over offer from Allegro, later withdrawn, yet it continued strong market performances. The stock was impacted by various market dynamics including tariffs, interest rates, rumors of acquisitions, and AI boom projection. Institutional players like BlackRock showed interest, though its CEO sold shares. Despite challenges, the company remains a resilient player in the market.
On Semiconductor Corp ON News Analytics from Tue, 10 Sep 2024 07:00:00 GMT to Thu, 17 Jul 2025 20:10:00 GMT -
Rating 3
- Innovation 5
- Information 6
- Rumor -2
