[Stock Prediction] Which stock is a big winner this week (QCOM, ON, AMD, ARM)?
It will be a big week for chip stocks next week, with AMD, ARM, QCOM, and ON all expected to release their earnings reports. Can you predict which one is a big winner this week ? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.$ON Semiconductor(ON)$ $Advanced Micro Devices(AMD)$ $ARM Holdings Ltd(ARM)$ $Qualcomm(QCOM)$
Chip stocks have performed strongly in the first half of the year, boosted by a surge in artificial intelligence investments, which have significantly increased the stock prices of companies like Microsoft and Nvidia.
However, in recent weeks Wall Street has become concerned about how long it will take for major tech companies to reap the benefits of their investments in AI infrastructure. The disappointing guidance provided by ASML for the next quarter has raised concerns about chip stocks, which has led to a decline in these stocks
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🎁Events Details
Click to vote. Guess which one is a big winner this week ? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. $ON Semiconductor(ON)$ $Advanced Micro Devices(AMD)$ $ARM Holdings Ltd(ARM)$ $Qualcomm(QCOM)$
For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins.
Reply and forward this post, share your insights about chip stock's financial reports, and you will have a chance to win $5 stock vouchers
⏰Event Duration
From 27 July 2024 to 1 August 2024 at 04:00 SGT
🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖
📖For a beginner's guide to financial statements, click here
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
$ON Semiconductor(ON)$
🚀🌅🏙️ ON Semiconductor: The Rise of a Chip Giant! 🚀🌅🏙️
Kia ora Tiger traders,
ON leads the charge, like a bull from the gate 🐂, first to report, on the 29th date. With stellar numbers and prowess clear 🌟, ON is the winner, the stock to cheer 🎉.
ON Semiconductor is poised to beat the other semiconductor stocks reporting this week—Qualcomm (QCOM), Advanced Micro Devices (AMD), and ARM Holdings Ltd (ARM)—due to its strong financial performance, strategic market positioning, and positive earnings outlook.
🌟 Current Performance & Financial Highlights 🌟
ON Semiconductor (ON) has been showing stellar performance with its recent earnings report on April 29, 2024. The company reported an EPS of $1.08, beating the consensus estimate of $1.04 by $0.04. Revenue for the quarter was $1.86 billion, slightly above the analyst estimates of $1.85 billion. Despite a revenue decrease of 4.9% compared to the same quarter last year, ON Semiconductor has maintained strong profitability metrics with a trailing P/E ratio of 14.20 and a forward P/E ratio of 17.31 [oai_citation:1,Onsemi (ON) Earnings Date and Reports 2024](https://www.marketbeat.com/stocks/NASDAQ/ON/earnings/) [oai_citation:2,Onsemi (ON) Stock Price, News & Analysis](https://www.marketbeat.com/stocks/NASDAQ/ON/).
📅 Upcoming Earnings Report 📅
ON Semiconductor is scheduled to release its next quarterly earnings report on July 29, 2024. The consensus EPS estimate for this quarter is $1.04, with some analysts projecting a higher EPS of $1.07. The earnings call will take place on the same day at 9:00 AM Eastern Time [oai_citation:3,ON Semiconductor Corporation Common Stock (ON) Earnings Report Date | Nasdaq](https://www.nasdaq.com/market-activity/stocks/on/earnings) [oai_citation:4,Onsemi (ON) Stock Price, News & Analysis](https://www.marketbeat.com/stocks/NASDAQ/ON/).
📈 Analyst Ratings and Price Target 📈
Analysts have a consensus rating of "Moderate Buy" for ON Semiconductor, with an average price target of $86.76, indicating a potential upside of 23.64% from the current price of $70.17 [oai_citation:5,ON Semiconductor (ON) Stock Price, Quote, News & Analysis - TipRanks.com](https://www.tipranks.com/stocks/on) [oai_citation:6,Onsemi (ON) Stock Price, News & Analysis](https://www.marketbeat.com/stocks/NASDAQ/ON/). This positive outlook is supported by the company’s strategic positioning in key growth markets such as automotive, industrial, and cloud power solutions.
🚗 Market Opportunities and Challenges 🚗
Opportunities
- ON Semiconductor is well-positioned to benefit from the growing demand for electric vehicles (EVs) and renewable energy solutions. The company recently secured a multi-year deal with Volkswagen to supply silicon carbide (SiC) microchips for next-generation EVs [oai_citation:7,ON Semiconductor Corporation (ON) Stock Price, Quote & News - Stock Analysis](https://stockanalysis.com/stocks/on/).
- The company’s revenue from SiC is expected to double the market growth rate of 20-30%, driven by dynamic EV market demands [oai_citation:8,ON Semiconductor (ON) Stock Price, Quote, News & Analysis - TipRanks.com](https://www.tipranks.com/stocks/on).
Challenges:
- ON Semiconductor faces cyclical headwinds and weaker demand in certain segments, which could impact short-term performance. The company has seen utilisation rates decrease and continues to navigate inventory digestion issues [oai_citation:9,ON Semiconductor (ON) Stock Price, Quote, News & Analysis - TipRanks.com](https://www.tipranks.com/stocks/on) [oai_citation:10,ON Semiconductor Corporation Common Stock (ON) Earnings Report Date | Nasdaq](https://www.nasdaq.com/market-activity/stocks/on/earnings).
- Recently, ON Semiconductor was downgraded to "Underweight" by Morgan Stanley, citing weak demand and rising competition as significant challenges [oai_citation:11,Onsemi (ON) Earnings Date and Reports 2024](https://www.marketbeat.com/stocks/NASDAQ/ON/earnings/).
💰 Capital Flow and Institutional Ownership 💰
ON Semiconductor has a diversified ownership structure, with significant holdings by mutual funds, other institutional investors, and public companies. The stock has seen mixed activity, with some institutions increasing their positions while others have reduced their holdings recently [oai_citation:12,Onsemi (ON) Stock Price, News & Analysis](https://www.marketbeat.com/stocks/NASDAQ/ON/).
🔍 Conclusion 🔍
ON Semiconductor is poised for sustainable growth driven by its strategic initiatives in high-demand sectors like EVs and renewable energy. While the company faces some near-term challenges, its robust financial performance, strategic partnerships, and positive analyst outlook make it a strong contender for future gains.
For further details, you can explore more on [MarketBeat](https://www.marketbeat.com) and [TipRanks](https://www.tipranks.com).
Happy trading ahead! Cheers, BC 🍀
@Tiger_Earnings @TigerGPT @Tiger_comments @TigerStars @Daily_Discussion
🚀 The Semiconductor Showdown: ON the Rise! 🚀
Kia ora Tiger traders,
Get ready for a week of high-stakes earnings action in the chip sector! My prediction for the big winner is ON Semiconductor (ON), and here's why this stock is set to shine bright 🌟⭐️✨.
ON Semiconductor (ON): The Early Bird with the Winning Edge 🥇
Earnings Report Date and Time: July 29, 2024, before the market opens.
Consensus EPS Estimate: $1.04.
Earnings Whisper: $1.07 - Analysts are whispering a strong beat! 🔊
Historical Performance: ON has a stellar record of beating earnings estimates. For Q1 2024, ON reported an EPS of $1.08, surpassing the consensus of $1.04.
Current Price and Technical Analysis 📈
- Current Price: $70.17 (as of July 27, 2024) [oai_citation:1,ON Semiconductor Corporation (ON) Stock Price, Quote & News - Stock Analysis](https://stockanalysis.com/stocks/on/) [oai_citation:2,ON Stock Price and Chart — NASDAQ:ON — TradingView](https://www.tradingview.com/symbols/NASDAQ-ON/).
- Mean Target Price: $86.76
- Support Levels: $68.00
- Resistance Levels: $75.00, $80.00
ON is trading near its support level of $68.00, with resistance ahead at $75.00 and $80.00. The stock is showing bullish momentum and is poised to break through these levels if earnings exceed expectations.
Capital Flow and Analysts Ratings 💸
- Capital Flow: Positive inflows indicate strong investor confidence.
- Analysts Ratings:
- Buy: 15
- Hold: 3
- Sell: 0
Trend Analysis 🔍
According to TradingView and Yahoo Finance, ON is exhibiting a bullish trend with upward momentum in the moving averages. The mean target price suggests a significant upside from its current price, reflecting strong potential for gains.
ON vs. The Competition: AMD, ARM, QCOM 🤜🤛
- Advanced Micro Devices (AMD):
- Earnings Date: July 30, 2024, after the market close.
- Consensus EPS: $0.68
- Earnings Whisper: $0.71
- Current Price: $139.53
- Mean Target Price: $150
- Support Levels: $135.00
- Resistance Levels: $145.00, $150.00
- Analysts Ratings: Buy: 25, Hold: 7, Sell: 1 [oai_citation:3,Advanced Micro Devices (AMD) Earnings Date and Reports 2024](https://www.marketbeat.com/stocks/NASDAQ/AMD/earnings/) [oai_citation:4,Advanced Micro Devices (AMD) Earnings Dates & Reports - TipRanks.com](https://www.tipranks.com/stocks/amd/earnings) [oai_citation:5,AMD to Report Fiscal Second Quarter 2024 Financial Results :: Advanced Micro Devices, Inc. (AMD)](https://ir.amd.com/news-events/press-releases/detail/1207/amd-to-report-fiscal-second-quarter-2024-financial-results) [oai_citation:6,Advanced Micro Devices (NASDAQ:AMD) Stock, Earnings Estimates, EPS, And Revenue - Benzinga](https://www.benzinga.com/quote/AMD/earnings).
- ARM Holdings Ltd (ARM):
- Earnings Date: July 31, 2024, after the market close.
- Consensus EPS: $0.34
- Earnings Whisper: $0.36
- Current Price: $149.00
- Mean Target Price: $160
- Support Levels: $145.00
- Resistance Levels: $155.00, $160.00
- Analysts Ratings: Buy: 10, Hold: 5, Sell: 0 [oai_citation:7,ARM Holdings (NASDAQ:ARM) Stock, Earnings Estimates, EPS, And Revenue - Benzinga](https://www.benzinga.com/quote/ARM/earnings) [oai_citation:8,Arm Announces Earnings Release Date for First Quarter Fiscal Year Ended 2025 - Arm Newsroom](https://newsroom.arm.com/news/arm-announces-earnings-release-date-for-first-quarter-fiscal-year-ended-2025).
- Qualcomm (QCOM):
- Earnings Date: July 31, 2024.
- Consensus EPS: $2.09
- Earnings Whisper: $2.12
- Current Price: $120.00
- Mean Target Price: $130
- Support Levels: $115.00
- Resistance Levels: $125.00, $130.00
- Analysts Ratings: Buy: 20, Hold: 5, Sell: 2 [oai_citation:9,Advanced Micro Devices (AMD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release](https://nz.finance.yahoo.com/news/advanced-micro-devices-amd-earnings-140056101.html) [oai_citation:10,Advanced Micro Devices (AMD) Earnings Dates & Reports - TipRanks.com](https://www.tipranks.com/stocks/amd/earnings) [oai_citation:11,Advanced Micro Devices (NASDAQ:AMD) Stock, Earnings Estimates, EPS, And Revenue - Benzinga](https://www.benzinga.com/quote/AMD/earnings).
Inspirational quote 📜
As the legendary Peter Lynch once said, "Know what you own, and know why you own it." ON Semiconductor's consistent performance and positive outlook make it a strong contender in this semiconductor showdown.
Fun Fact 💡
Did you know that ON Semiconductor was founded in 1999 as a spin-off from Motorola? Since then, it has grown into a leading player in the semiconductor industry, providing solutions that drive the innovations of tomorrow!
🤔Hey Tiger Traders, if ON beats its earnings estimates and hits new resistance levels, how will you position your portfolio to maximize gains?
💬@TigerGPT can you provide a deeper analysis of ON Semiconductor's earnings whisper trends compared to its competitors?
Happy trading ahead! Cheers, BC 🍀
@Tiger_Earnings @TigerStars @Tiger_comments @TigerOptions @Daily_Discussion
$ON Semiconductor(ON)$
🚀🌅🏙️ ON Semiconductor: The Rise of a Chip Giant! 🚀🌅🏙️
Kia ora Tiger traders,
ON leads the charge, like a bull from the gate 🐂, first to report, on the 29th date. With stellar numbers and prowess clear 🌟, ON is the winner, the stock to cheer 🎉.
ON Semiconductor is poised to beat the other semiconductor stocks reporting this week—Qualcomm (QCOM), Advanced Micro Devices (AMD), and ARM Holdings Ltd (ARM)—due to its strong financial performance, strategic market positioning, and positive earnings outlook.
🌟 Current Performance & Financial Highlights 🌟
ON Semiconductor (ON) has been showing stellar performance with its recent earnings report on April 29, 2024. The company reported an EPS of $1.08, beating the consensus estimate of $1.04 by $0.04. Revenue for the quarter was $1.86 billion, slightly above the analyst estimates of $1.85 billion. Despite a revenue decrease of 4.9% compared to the same quarter last year, ON Semiconductor has maintained strong profitability metrics with a trailing P/E ratio of 14.20 and a forward P/E ratio of 17.31 [oai_citation:1,Onsemi (ON) Earnings Date and Reports 2024](https://www.marketbeat.com/stocks/NASDAQ/ON/earnings/) [oai_citation:2,Onsemi (ON) Stock Price, News & Analysis](https://www.marketbeat.com/stocks/NASDAQ/ON/).
📅 Upcoming Earnings Report 📅
ON Semiconductor is scheduled to release its next quarterly earnings report on July 29, 2024. The consensus EPS estimate for this quarter is $1.04, with some analysts projecting a higher EPS of $1.07. The earnings call will take place on the same day at 9:00 AM Eastern Time [oai_citation:3,ON Semiconductor Corporation Common Stock (ON) Earnings Report Date | Nasdaq](https://www.nasdaq.com/market-activity/stocks/on/earnings) [oai_citation:4,Onsemi (ON) Stock Price, News & Analysis](https://www.marketbeat.com/stocks/NASDAQ/ON/).
📈 Analyst Ratings and Price Target 📈
Analysts have a consensus rating of "Moderate Buy" for ON Semiconductor, with an average price target of $86.76, indicating a potential upside of 23.64% from the current price of $70.17 [oai_citation:5,ON Semiconductor (ON) Stock Price, Quote, News & Analysis - TipRanks.com](https://www.tipranks.com/stocks/on) [oai_citation:6,Onsemi (ON) Stock Price, News & Analysis](https://www.marketbeat.com/stocks/NASDAQ/ON/). This positive outlook is supported by the company’s strategic positioning in key growth markets such as automotive, industrial, and cloud power solutions.
🚗 Market Opportunities and Challenges 🚗
Opportunities
- ON Semiconductor is well-positioned to benefit from the growing demand for electric vehicles (EVs) and renewable energy solutions. The company recently secured a multi-year deal with Volkswagen to supply silicon carbide (SiC) microchips for next-generation EVs [oai_citation:7,ON Semiconductor Corporation (ON) Stock Price, Quote & News - Stock Analysis](https://stockanalysis.com/stocks/on/).
- The company’s revenue from SiC is expected to double the market growth rate of 20-30%, driven by dynamic EV market demands [oai_citation:8,ON Semiconductor (ON) Stock Price, Quote, News & Analysis - TipRanks.com](https://www.tipranks.com/stocks/on).
Challenges:
- ON Semiconductor faces cyclical headwinds and weaker demand in certain segments, which could impact short-term performance. The company has seen utilisation rates decrease and continues to navigate inventory digestion issues [oai_citation:9,ON Semiconductor (ON) Stock Price, Quote, News & Analysis - TipRanks.com](https://www.tipranks.com/stocks/on) [oai_citation:10,ON Semiconductor Corporation Common Stock (ON) Earnings Report Date | Nasdaq](https://www.nasdaq.com/market-activity/stocks/on/earnings).
- Recently, ON Semiconductor was downgraded to "Underweight" by Morgan Stanley, citing weak demand and rising competition as significant challenges [oai_citation:11,Onsemi (ON) Earnings Date and Reports 2024](https://www.marketbeat.com/stocks/NASDAQ/ON/earnings/).
💰 Capital Flow and Institutional Ownership 💰
ON Semiconductor has a diversified ownership structure, with significant holdings by mutual funds, other institutional investors, and public companies. The stock has seen mixed activity, with some institutions increasing their positions while others have reduced their holdings recently [oai_citation:12,Onsemi (ON) Stock Price, News & Analysis](https://www.marketbeat.com/stocks/NASDAQ/ON/).
🔍 Conclusion 🔍
ON Semiconductor is poised for sustainable growth driven by its strategic initiatives in high-demand sectors like EVs and renewable energy. While the company faces some near-term challenges, its robust financial performance, strategic partnerships, and positive analyst outlook make it a strong contender for future gains.
For further details, you can explore more on [MarketBeat](https://www.marketbeat.com) and [TipRanks](https://www.tipranks.com).
Happy trading ahead! Cheers, BC 🍀
@Tiger_Earnings @TigerGPT @Tiger_comments @TigerStars @Daily_Discussion
🚀 The Semiconductor Showdown: ON the Rise! 🚀
Kia ora Tiger traders,
Get ready for a week of high-stakes earnings action in the chip sector! My prediction for the big winner is ON Semiconductor (ON), and here's why this stock is set to shine bright 🌟⭐️✨.
ON Semiconductor (ON): The Early Bird with the Winning Edge 🥇
Earnings Report Date and Time: July 29, 2024, before the market opens.
Consensus EPS Estimate: $1.04.
Earnings Whisper: $1.07 - Analysts are whispering a strong beat! 🔊
Historical Performance: ON has a stellar record of beating earnings estimates. For Q1 2024, ON reported an EPS of $1.08, surpassing the consensus of $1.04.
Current Price and Technical Analysis 📈
- Current Price: $70.17 (as of July 27, 2024) [oai_citation:1,ON Semiconductor Corporation (ON) Stock Price, Quote & News - Stock Analysis](https://stockanalysis.com/stocks/on/) [oai_citation:2,ON Stock Price and Chart — NASDAQ:ON — TradingView](https://www.tradingview.com/symbols/NASDAQ-ON/).
- Mean Target Price: $86.76
- Support Levels: $68.00
- Resistance Levels: $75.00, $80.00
ON is trading near its support level of $68.00, with resistance ahead at $75.00 and $80.00. The stock is showing bullish momentum and is poised to break through these levels if earnings exceed expectations.
Capital Flow and Analysts Ratings 💸
- Capital Flow: Positive inflows indicate strong investor confidence.
- Analysts Ratings:
- Buy: 15
- Hold: 3
- Sell: 0
Trend Analysis 🔍
According to TradingView and Yahoo Finance, ON is exhibiting a bullish trend with upward momentum in the moving averages. The mean target price suggests a significant upside from its current price, reflecting strong potential for gains.
ON vs. The Competition: AMD, ARM, QCOM 🤜🤛
- Advanced Micro Devices (AMD):
- Earnings Date: July 30, 2024, after the market close.
- Consensus EPS: $0.68
- Earnings Whisper: $0.71
- Current Price: $139.53
- Mean Target Price: $150
- Support Levels: $135.00
- Resistance Levels: $145.00, $150.00
- Analysts Ratings: Buy: 25, Hold: 7, Sell: 1 [oai_citation:3,Advanced Micro Devices (AMD) Earnings Date and Reports 2024](https://www.marketbeat.com/stocks/NASDAQ/AMD/earnings/) [oai_citation:4,Advanced Micro Devices (AMD) Earnings Dates & Reports - TipRanks.com](https://www.tipranks.com/stocks/amd/earnings) [oai_citation:5,AMD to Report Fiscal Second Quarter 2024 Financial Results :: Advanced Micro Devices, Inc. (AMD)](https://ir.amd.com/news-events/press-releases/detail/1207/amd-to-report-fiscal-second-quarter-2024-financial-results) [oai_citation:6,Advanced Micro Devices (NASDAQ:AMD) Stock, Earnings Estimates, EPS, And Revenue - Benzinga](https://www.benzinga.com/quote/AMD/earnings).
- ARM Holdings Ltd (ARM):
- Earnings Date: July 31, 2024, after the market close.
- Consensus EPS: $0.34
- Earnings Whisper: $0.36
- Current Price: $149.00
- Mean Target Price: $160
- Support Levels: $145.00
- Resistance Levels: $155.00, $160.00
- Analysts Ratings: Buy: 10, Hold: 5, Sell: 0 [oai_citation:7,ARM Holdings (NASDAQ:ARM) Stock, Earnings Estimates, EPS, And Revenue - Benzinga](https://www.benzinga.com/quote/ARM/earnings) [oai_citation:8,Arm Announces Earnings Release Date for First Quarter Fiscal Year Ended 2025 - Arm Newsroom](https://newsroom.arm.com/news/arm-announces-earnings-release-date-for-first-quarter-fiscal-year-ended-2025).
- Qualcomm (QCOM):
- Earnings Date: July 31, 2024.
- Consensus EPS: $2.09
- Earnings Whisper: $2.12
- Current Price: $120.00
- Mean Target Price: $130
- Support Levels: $115.00
- Resistance Levels: $125.00, $130.00
- Analysts Ratings: Buy: 20, Hold: 5, Sell: 2 [oai_citation:9,Advanced Micro Devices (AMD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release](https://nz.finance.yahoo.com/news/advanced-micro-devices-amd-earnings-140056101.html) [oai_citation:10,Advanced Micro Devices (AMD) Earnings Dates & Reports - TipRanks.com](https://www.tipranks.com/stocks/amd/earnings) [oai_citation:11,Advanced Micro Devices (NASDAQ:AMD) Stock, Earnings Estimates, EPS, And Revenue - Benzinga](https://www.benzinga.com/quote/AMD/earnings).
Inspirational quote 📜
As the legendary Peter Lynch once said, "Know what you own, and know why you own it." ON Semiconductor's consistent performance and positive outlook make it a strong contender in this semiconductor showdown.
Fun Fact 💡
Did you know that ON Semiconductor was founded in 1999 as a spin-off from Motorola? Since then, it has grown into a leading player in the semiconductor industry, providing solutions that drive the innovations of tomorrow!
🤔Hey Tiger Traders, if ON beats its earnings estimates and hits new resistance levels, how will you position your portfolio to maximize gains?
💬@TigerGPT can you provide a deeper analysis of ON Semiconductor's earnings whisper trends compared to its competitors?
Happy trading ahead! Cheers, BC 🍀
@Tiger_Earnings @TigerStars @Tiger_comments @TigerOptions @Daily_Discussion
They literally sit there and collect money as other chip companies utilise their chip design to build their own products.
Its a cutthroat industry and if you arent innovating and coming out with new products every year then expect to lose market share.
ARM just needs to ensure their customers are happy and collect the royalty fees!
@vodkalime which do you think 🤔