Recently, Zacks.com users have been paying close attention to ON Semiconductor Corp. (ON). This makes it worthwhile to examine what the stock has in store.
ON Semiconductor's first-quarter 2025 results suffer from sluggish macroeconomic conditions that impact the Power Solutions Group.
ON Semiconductor Corporation reported Q1 earnings with a GAAP loss, declining revenues, and reduced margins, highlighting ongoing operational challenges and macroeconomic uncertainties. The company ended Q1 with $3B in cash and $3.35B in long-term debt, maintaining financial stability despite the downturn. Aggressive share repurchases and manufacturing right-sizing indicate management's confidence and strategic adjustments amid the automotive sector's prolonged struggles and tariff uncertainties.
While the top- and bottom-line numbers for ON Semiconductor Corp. (ON) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
ON Semiconductor Corp. (ON) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $1.08 per share a year ago.
ON Semiconductor (ON.O) on Monday forecast second-quarter results in line with Wall Street expectations and posted first-quarter earnings that topped estimates, as the chipmaker stuck to a "disciplined" strategy to weather a prolonged industry downturn. The company reported adjusted earnings of $0.55 per share for the first quarter, beating analysts' average estimate of $0.51, according to LSEG data.
In the most recent trading session, ON Semiconductor Corp. (ON) closed at $39.60, indicating a -0.25% shift from the previous trading day.
ON Semiconductor's first-quarter 2025 performance is expected to have suffered due to weakness in its automotive and industrial revenues.
Get a deeper insight into the potential performance of ON Semiconductor Corp. (ON) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Onsemi's revenue is projected to recover in 2025, driven by growth in the automotive and industrial markets, despite current headwinds. Gross margins are expected to improve, benefiting from economies of scale and new SiC product lines. Operating and net margins are forecasted to rise by 2027, although slightly below management's targets.
ON Semiconductor Corp. (ON) concluded the recent trading session at $39.63, signifying a -0.84% move from its prior day's close.
ON Semiconductor Corp. (ON) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.