As highlighted by numerous analog market players, ON is likely to face further recovery headwinds, as similarly observed in its FQ4'24 miss and underwhelming FQ1'25 guidance. Combined with the heightened inventory levels and deteriorating gross profit margins, it is unsurprising that the stock has been sold off as it has. As observed during the worst PC demand destruction in 2022 and the memory chip inventory glut in 2023, the analog chip market bottoming is unlikely to occur anytime soon.
Sensor integrated circuits provider Allegro Microsystems is drawing takeover interest from larger competitor ON Semiconductor , Bloomberg News reported on Sunday citing people familiar with the matter.
ON Semiconductor is suffering from declining demand in key end markets amid ongoing inventory digestion and a stretched valuation.
Onsemi has initiated a restructuring plan aimed at reducing operational costs, which would result in the laying off of about 2,400 of its employees across all business divisions worldwide in 2025, the chipmaker said in a filing on Tuesday.
ON Semiconductor Corp. (ON) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Explore ON Semiconductor Corp.'s (ON) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
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.
Shares of ON Semiconductor Corp ON were climbing in early trading on Tuesday, despite the company reporting a steep decline in fourth-quarter revenues.
ON Semiconductor Corp ON posted downbeat quarterly results on Monday.
ON Semiconductor Corp ON posted downbeat quarterly results on Monday.
Onsemi's NASDAQ: ON stock price has headwinds in early 2025, but it is on track for a robust rebound that could begin before mid-year. Hitting lows near $47.25 following its FQ4 2024 earnings release, the stock is at a multi-year low, near a critical support target, and deeply undervalued.
If you're not Nvidia (NVDA), you'll face price action pressure. That's according to Tony Zipparro after seeing OnSemi's (ON) latest earnings sell-off.