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ON Semiconductor Gains 29 Upward EPS Revisions Amid Surging Silicon Carbide Demand
- ON Semiconductor gained 29 upward EPS revisions coinciding with strong demand for its silicon carbide technology.
- Current-year consensus EPS rose to $3.09 from $2.94 thirty days ago, helping the stock rally 137.56% year-to-date.
- This recovery reflects strong demand signals in renewable energy, microgrids, and electric vehicle charging.
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Conclusion
29 upward revisions, current-year consensus EPS of $3.09 vs. $2.94 thirty days ago; next-year consensus of $4.27 vs. $4.06 thirty days ago; 137.56% YTD return.