SCOTTSDALE, Ariz., Feb. 24, 2026 (GLOBE NEWSWIRE) -- onsemi (the “Company”) (Nasdaq: ON) today announced it will host its Financial Analyst Day on September 16, 2026 in New York City, NY. The event will feature presentations from onsemi’s executive leadership team to provide updates on the company strategy, strategic growth initiatives, latest innovations, and its long-term financial plan. Attendance for this event is by invitation only. Invitations and additional information will be sent out at a later dat ...

Core Insights - Two overlooked robotics stocks, Cognex and Teradyne, reported strong earnings, drawing renewed analyst attention as they capitalize on the growing robotics and AI market [1][2] Group 1: Cognex - Cognex is a leader in industrial machine vision, enabling robots to perform tasks such as quality inspection and warehouse picking, with Q4 revenue of $252.34 million exceeding estimates of $238.9 million [1] - The company achieved an adjusted EBITDA margin of 22.7%, marking a 420 basis point increase year-over-year and the sixth consecutive quarter of margin expansion [1] - Cognex's full-year free cash flow surged 77% year-over-year to $236.77 million, allowing for $206 million in shareholder returns through buybacks and dividends, with a new $500 million share repurchase program authorized [1] Group 2: Teradyne - Teradyne, known for semiconductor test equipment, also has a growing robotics division, reporting Q4 revenue of $1.083 billion, surpassing estimates of $987.8 million by 10% [1] - The company’s Q4 EPS of $1.80 exceeded the consensus estimate of $1.38 by 30%, with revenue driven by AI-related demand in various sectors [1] - For Q1 2026, Teradyne guided revenue of $1.15 billion to $1.25 billion, representing 75% year-over-year growth at the midpoint, with non-GAAP EPS expected between $1.89 and $2.25 [1]

Core Insights - Rexel reported FY 2025 sales of €19,414.6 million, reflecting a year-on-year increase of +0.7%, driven by organic growth and acquisitions [1][10] - The current adjusted EBITA margin improved to 6.0%, up +10 basis points from 5.9% in FY 2024, indicating resilience in profitability despite challenging market conditions [1][20] - Net income for FY 2025 reached €591.4 million, a significant increase of +73% compared to the previous year [1][26] - Free cash flow conversion was strong at 66.3%, or 76.4% when excluding the impact of a €124 million fine, confirming the company's cash-generative model [1][28] Financial Performance - FY 2025 operating income was €1,061.6 million, up +25.5% from €845.9 million in FY 2024, including exceptional items [1][26] - Recurring net income increased by +2.4% to €678.5 million [1][26] - Free cash flow before interest and tax was €937.8 million, reflecting a conversion rate of 76.4% when excluding the fine [1][28] Sales Growth - Same-day sales grew by +2.5% in FY 2025, with Q4 sales of €4,881.1 million showing a +3.8% increase on a same-day basis [3][7] - The company achieved a +1.8% contribution to FY 2025 sales growth from an active acquisitions strategy [3][4] - Digital sales represented 34% of total Group sales in 2025, up +226 basis points from the previous year [10] Regional Performance - North America, accounting for 46% of Group sales, saw strong growth with a +7.0% increase in FY 2025 [15][16] - Europe, which represents 48% of Group sales, experienced a slight decline of -1.1% in FY 2025 on a constant and same-day basis [11][24] - Asia-Pacific sales decreased by -0.4% in FY 2025, with Q4 sales up +4.5% on a constant and same-day basis [19][22] Strategic Initiatives - The company is executing its Axelerate 2028 strategic plan, focusing on digital transformation and cost efficiency [2][5] - Rexel completed nearly €200 million in value-creating acquisitions and divested activities in Finland and New Zealand [4][12] - A proposed dividend of €1.20 per share represents a 52% payout ratio of the Group's recurring net income [4][32] Outlook - For 2026, Rexel anticipates same-day sales growth between 3% and 5%, with a current adjusted EBITA margin expected to be around 6.2% [2][34] - The company aims to maintain a robust balance sheet with an indebtedness ratio of 2.0x as of December 31, 2025 [1][28]

Core Thesis - Ondas Inc. is positioned as a leader in autonomous systems and industrial connectivity, focusing on defense, public safety, and critical infrastructure markets, with shares trading at $10.64 as of February 2nd [1][2]. Group 1: Company Overview - Ondas Inc. provides private wireless, drone, and automated data solutions both in the U.S. and internationally, targeting high-growth segments in the defense and security ecosystem [2]. - The company develops advanced drone systems, counter-drone solutions, ground robotics, and private mission-critical networks [2]. Group 2: Revenue Segments - The Autonomous Solutions (OAS) segment is the primary revenue driver, having expanded through acquisitions such as American Robotics and Airobotics, enabling 24/7 autonomous monitoring and data capture [3]. - Ondas Networks (ON) offers licensed private communication networks for critical infrastructure, particularly in railroads and utilities, and has a partnership with Siemens Mobility [4]. Group 3: Market Opportunities and Risks - Ondas benefits from strong secular tailwinds, including U.S. government drone purchases and sustained defense spending, alongside industrial modernization [5]. - Risks include regulatory challenges, competitor advancements, and reliance on concentrated contracts [5]. Group 4: Financial Performance - Ondas is in an early-stage growth phase with negative earnings but a cash runway of $433 million and rapidly expanding revenues, with OAS growing 3,624% year-over-year and ON growing 1,797% [5]. - The company's valuation shows an EV/revenue of 44.4, indicating high growth expectations and limited margin for error [6]. Group 5: Investment Outlook - Ondas presents a compelling opportunity for investors focused on autonomous defense and industrial automation trends, with a one-year price target of $8.50 [6].

Core Viewpoint - onsemi is set to announce its financial results for Q4 and the full year ending December 31, 2025, on February 9, 2026, after market close [1] Group 1: Financial Results Announcement - The financial results will be released after market closes on February 9, 2026 [1] - A conference call will be held at 5 p.m. Eastern Time on the same day to discuss the results [1] - Investors can access the conference call through the company's website or by pre-registering [3] Group 2: Company Overview - onsemi focuses on automotive and industrial end-markets, driving innovations in vehicle electrification, safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure [1] - The company offers a differentiated product portfolio that includes intelligent power and sensing technologies [1] - onsemi is included in the S&P 500 index, indicating its significant presence in the market [1]

Group 1 - Investors are showing a bullish stance on ON Semiconductor, with significant options activity indicating potential upcoming developments [1][2] - The sentiment among large traders is predominantly bullish at 62%, with 29% bearish, highlighting a strong inclination towards positive market expectations [2] - The predicted price range for ON Semiconductor is between $30.0 and $80.0, based on the analysis of volume and open interest in options contracts [3] Group 2 - The average open interest for ON Semiconductor options is 1710.2, with a total trading volume of 11,128.00, indicating active trading in the options market [4] - Recent significant options trades include multiple bullish call options, with notable trades such as a $123.1K call option at a strike price of $60.00 and a $105.6K call option at a strike price of $55.00 [7] - ON Semiconductor is the second-largest power chipmaker globally and the largest supplier of image sensors to the automotive market, focusing on emerging applications like electric vehicles and renewable energy [8] Group 3 - Analysts have set a consensus target price of $57.0 for ON Semiconductor, with a current trading price of $59.08, reflecting a 4.2% increase [9][11] - The anticipated earnings release for ON Semiconductor is in 35 days, which may influence future trading activity [11]

Core Insights - The report from Unleashed indicates a recovery in sales revenue for small and medium-sized firms in Q3 2025, with an average revenue of £500,517, marking a 4.3% increase from Q2 2025 but a 4.4% decline compared to Q3 2024 [2] - The clothing, footwear, and accessories sector has adapted quickly to safeguard margins, shifting from a cautious stock-building approach to a leaner just-in-time strategy due to ongoing cost pressures and weakened demand [4][5] Group 1: Sales and Profitability - Sales revenue for small and medium-sized firms in Q3 2025 was £500,517, reflecting a 4.3% increase from Q2 2025 but a 4.4% decline from Q3 2024 [2] - Gross Margin Percentage (GMP) decreased by 2.5 percentage points from the previous quarter, indicating challenges in maintaining profitability [2] - Across all sectors analyzed, firms experienced a 12.9% quarter-on-quarter increase in sales, with GMP rising by 1.3 percentage points to 39.66% [6] Group 2: Operational Changes - Lead times shortened from 32 to 22 days, representing a 31% reduction quarter-on-quarter, while purchase orders fell by 56% and stock on hand value dropped by 33.5% [3] - The shift to a just-in-time inventory approach reflects a strategic response to reduced demand and cost pressures, as firms aim to protect margins and cash flow [4][5] - The report emphasizes the need for fashion manufacturers to leverage data for forecast-driven replenishment and real-time tracking of costs as they prepare for 2026 [5]

Summary of Key Points from the Conference Call Industry Overview - The conference call primarily discusses the **China Industrial Sector**, focusing on manufacturing and industrial automation trends, particularly in **machine tools**, **industrial robots**, and **automation companies** like **Inovance**, **HCFA**, **Supcon**, and **Baosight** [3][7][11]. Key Insights and Data 1. **Manufacturing Fixed Asset Investment (FAI) Trends**: - Manufacturing FAI remained negative year-over-year (YoY) for the third consecutive month at **-1.8%** in September, slightly improving from **-2.0%** in August [3][49]. - Chemical FAI was reported at **-5.6%** YoY for the first nine months of 2025, worsening from **-5.2%** in August [22]. - Steel FAI showed a slight improvement at **-3.3%** YoY for the first eight months, compared to **-4.1%** in July [24]. 2. **Equipment Exports**: - Key equipment exports exhibited mixed trends: - Machine tools saw a significant acceleration with a value increase of **+31%** YoY and volume increase of **+3%** YoY, compared to **+19%** and **-20%** YoY in August [32]. - Laser processing equipment improved to **+17%** YoY, up from **+12%** in July [34]. - PIMM export value decreased by **-3%** YoY, while volume increased by **+10%** YoY, contrasting with previous months [27]. 3. **Production Metrics**: - Machine tool production increased by **+18%** YoY and **+14%** month-over-month (MoM) in September, surpassing the five-year average of **+15%** MoM [38]. - Industrial robot production surged by **+28%** YoY and **+20%** MoM, significantly higher than the five-year average of **+1%** MoM [39]. 4. **Order Trends for Coverage Companies**: - Orders for coverage companies improved significantly in September: - Inovance's industrial automation orders rose to **+33%** YoY, up from **+20-30%** YoY in August, driven by growth in logistics, semiconductors, and other sectors [11][13]. - HCFA's orders increased by **+67%** YoY, compared to approximately **30%** YoY in August, attributed to strong demand in traditional industrial automation and lithium battery sectors [15]. - Yiheda's orders grew by **+3%** YoY, down from **+10%** YoY in August, indicating a slower growth rate [18]. 5. **Macro Economic Indicators**: - China's manufacturing PMI improved to **49.8** in September from **49.4** in August, indicating a slight recovery in manufacturing activity [45]. - Headline CPI inflation edged up to **-0.3%** YoY in September, while PPI inflation was reported at **-2.3%** YoY [47]. 6. **Public Equity Financing**: - There was a notable **+162%** YoY increase in public equity financing to the manufacturing sector in the third quarter of 2025, suggesting a positive outlook for capital availability [63]. Additional Insights - The stronger performance of coverage companies' orders compared to macro data may be attributed to their focus on factory/discrete automation rather than process automation, alongside potential benefits from export opportunities [7]. - The report highlights a strong pick-up in public equity financing to the manufacturing sector, which could be a contributing factor to the improved performance of coverage companies [7]. This summary encapsulates the critical insights and data points from the conference call, providing a comprehensive overview of the current state of the China industrial sector and its key players.

Group 1 - ON Semiconductor is a specialty chipmaker providing power and sensing solutions primarily to the automotive (55% of 2024 revenue), industrial (25%), and other sectors (20%) [2] - The company's product portfolio includes power semiconductors, intelligent sensors, and analog and mixed-signal integrated circuits, with significant exposure to silicon carbide (SiC) chips for electric vehicles (EVs) [2] - The company also has partnerships, such as with Nvidia, focusing on the next generation of data centers [3] Group 2 - Despite long-term growth opportunities, ON Semiconductor faces near-term risks due to a slowdown in EV investment and industrial demand, impacting sales since the end of 2023 [4] - The automotive industry is expected to see significant long-term growth in EVs, with major investments from companies like Ford [6] - ON Semiconductor's stock is trading at slightly over 14 times the Wall Street analyst consensus for free cash flow in 2025, indicating a margin of safety in its valuation [6]

Group 1: Company Overview - Teradyne, Inc. is currently trading at $117.82 as of September 10th, with trailing and forward P/E ratios of 40.91 and 23.70 respectively [1] - The company is recognized as a cyclical semiconductor test-equipment supplier, but it is also expanding its robotics franchise, which is part of its long-term vision [2] Group 2: Robotics and Automation - Teradyne has developed a strong robotics portfolio through acquisitions, including Universal Robots and Mobile Industrial Robots, positioning itself at the forefront of structural growth drivers like Amazon's warehouse automation [3] - The integration of AI, industrial automation, and electrification themes such as electric vehicles (EV) and advanced driver-assistance systems (ADAS) is central to Teradyne's strategy [2] Group 3: Market Position and Valuation - The current semiconductor test downturn, influenced by weaknesses in the automotive and industrial sectors, has negatively impacted Teradyne's share price, which is around $110, reflecting cyclical pressures [4] - Teradyne's valuation at approximately 24x EV/EBITDA is primarily linked to its semiconductor and robotics businesses, with potential for a re-rating as robotics adoption increases [4] - The company has a healthy balance sheet with virtually no debt, presenting an asymmetric upside opportunity due to the combination of depressed sentiment from semiconductor cyclicality and the underappreciated long-term value of its robotics segment [5]