Analysts' outlook on ON Semiconductor has soured following r...
Analysts' outlook on ON Semiconductor has soured following recent results, leading to a weaker revenue forecast and slight dip in EPS estimates. Despite this, the unchanged consensus price target suggests these downgrades won't impact long-term valuation. However, shrinking revenues and expected underperformance against the industry are anticipated.
Analysts Have Lowered Expectations For ON Semiconductor Corporation (NASDAQ:ON) After Its Latest Results
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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