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ON Semiconductor Plunges 35% YTD: Buy, Sell or Hold the Stock?
ONON Semiconductor(ON) ZACKS·2025-05-27 01:22

ON Semiconductor (ON) shares have lost 34.5% year to date, underperforming the Zacks Semiconductor - Analog and Mixed industry’s decline of 5.9% and the Zacks Computer & Technology sector’s 3.7%.The decline in ON Semiconductor’s share price can be attributed to weak growth across Power Solutions Group (PSG), Analog and Mixed Signals Group (AMG) and Intelligent Sensing Group (ISG). In the recently concluded first-quarter 2025, PSG revenues (contributed 44.6% to revenues) fell 26.2% year over year. AMG revenu ...