It has been about a month since the last earnings report for ON Semiconductor Corp. (ON) . Shares have added about 5% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is ON Semiconductor Corp. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. onsemi Q1 Earnings Beat E ...

Expected to expand global business in the Chinese marketSEOUL, South Korea, May 23, 2024 /PRNewswire/ -- SEMIFIVE, a leading design solution provider and pioneer of platform-based custom silicon solutions, has announced its agreement of MOU with China-based Atron Technologies, on May 23, 2024. Through this agreement, SEMIFIVE and Atron Technologies will collaborate on comprehensive semiconductor design and turnkey manufacturing, seeking potential customers in China and onsite technical support.Atron Technol ...

Investing in the electric vehicle (EV) sector is not for the weak, and comes with a lot of risk and turbulence. Therefore, finding the best EV stocks to buy and hold is crucial to avoid losing your money. The year of 2024 has not been so hot, as the global economy navigates increasing inflationary pressures. Additionally, demand for EVs has softened significantly and many of the biggest players have lowered their prices to drive sales growth. This cyclical headwind is worrisome for traders but could provide ...

ON Semiconductor is in a slump, but it's navigating difficult times in admirable fashion.One of the leading producers of silicon carbide (SiC) power chips, ON Semiconductor (ON 1.70%), is in the midst of a slump. The company -- one of the biggest manufacturers of SiC chips along with STMicroelectronics and Wolfspeed -- is forecasting a tumble in revenue through at least the first half of 2024 because of a slowdown in electric vehicle (EV) sales. Shares are just above their low point of the past year. That s ...

Have you assessed how the international operations of ON Semiconductor Corp. (ON) performed in the quarter ended March 2024? For this semiconductor components maker, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth tr ...

onsemi (ON) reported first-quarter 2024 non-GAAP earnings of $1.08 per share, outpacing the Zacks Consensus Estimate by 3.85% but declining 9.2% year over year.Revenues of $1.86 billion beat the Zacks Consensus Estimate by 0.61% but declined 4.9% on a year-over-year basis.Top-Line DetailsPower Solutions Group revenues of $874.2 million (accounting for 47% of revenues) increased 1.6% year over year. The figure beat the Zacks Consensus Estimate by 2.68%.Analog & Mixed Group revenues of $697 million (37.4% of ...

ON Semiconductor Corporation (NASDAQ:ON) Q1 2024 Earnings Conference Call April 29, 2024 9:00 AM ET Company Participants Parag Agarwal - VP, IR and Corporate Development Hassane El-Khoury - President and CEO Thad Trent - CFO Conference Call Participants Ross Seymore - Deutsche Bank Vivek Arya - Bank of America Securities Chris Danely - Citi Toshiya Hari - Goldman Sachs Gary Mobley - Wells Fargo Securities Harsh Kumar - Piper Sandler Harlan Sur - JPMorgan Christopher Rolland - Susquehanna Joseph Moore - Morg ...

ON Semiconductor Corp. (ON) reported $1.86 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 5%. EPS of $1.08 for the same period compares to $1.19 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.85 billion, representing a surprise of +0.61%. The company delivered an EPS surprise of +3.85%, with the consensus EPS estimate being $1.04.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Key Pointsonsemi had a tepid quarter, but it was better than expected, and it may experience a solid rebound in its share price.The technicals favor a rebound; the question is if this is a relief rally or sustainable.Analysts see about a 40% upside for this stock. 5 stocks we like better than Onsemionsemi’s NASDAQ: ON stock price corrected significantly over the last year, setting up today's opportunity. Today's opportunity is a rebound in an oversold name with a solid outlook for long-term growth. The char ...

ON Semiconductor Corp. (ON) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.85%. A quarter ago, it was expected that this semiconductor components maker would post earnings of $1.21 per share when it actually produced earnings of $1.25, delivering a surprise of 3.31%.Over the last f ...