Roth MKM analyst Suji Desilva lowered the firm’s price target on On Semiconductor (ON) to $60 from $100 and keeps a Buy rating on the shares.
Q4 2024 revenue of $1.72 billion declined from $1.76 billion in Q3, driven by weakening market demand and inventory digestion. Automotive revenue grew sequentially in both quarters, although growth ...
ON Semiconductor, or Onsemi, posted worse-than-expected results and guidance as it continued to face difficult market conditions.
ON Semiconductor Corp (ON) stock reported a fiscal Q4 2024 revenue decline of 15% YoY to $1.72B, missing analysts' estimate ...
ON Semiconductor (ON) dropped in premarket trading as forecast for 2025 global semiconductor sales slows, missing Q1 guidance ...
Reports Q4 revenue $1.72B, consensus $1.76B. “As we continue to navigate this market downturn, our actions over the last four years have proven ...
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