ON SEMICONDUCTOR CORP (ON) Stock News

Rosen Law Firm reminds investors who purchased XTI Aerospace securities between April 15, 2026 and August 17, 2026 of the October 27, 2026 lead plaintiff deadline in an ongoing securities class action. The lawsuit alleges that senior executives engaged in undisclosed activities, raising doubts about disclosure controls and the company's ability to file timely earnings reports, making positive statements about the business materially misleading.

On Holding (ONON) declined 1.29% to $34.74, underperforming the S&P 500's 1.09% loss. Despite a strong monthly gain of 28.76%, the stock carries a Zacks Rank #3 (Hold) rating. Upcoming earnings are projected at $0.51 per share with 14.85% revenue growth expected, though the stock trades at a premium Forward P/E of 20.34 compared to its industry average of 14.6.

Value Line, Inc. (NASDAQ: VALU) announced a quarterly cash dividend of $0.35 per common share, payable on November 10, 2026, to stockholders of record on October 26, 2026. The company has 9,382,098 shares of common stock outstanding as of October 16, 2026.

David Solomon, CEO of Goldman Sachs, has been named the new chair of The Business Council, succeeding Brian Cornell of Target Corporation. Solomon will lead the organization during a pivotal period marked by AI advancement and complex global economic challenges. The Business Council, established in 1933, serves as a forum for world-leading CEOs to collaborate on business solutions.

Tango Therapeutics announced it will present updated Phase 1/2 study data on vopimetostat combined with daraxonrasib or zoldonrasib for treating MTAP-deleted RAS-mutant metastatic pancreatic and lung cancers at the ESMO Congress 2026 in Madrid. The company will also host a PDAC-focused investor webcast on October 23, 2026.

Rosen Law Firm has filed securities class action lawsuits against AppLovin Corporation, Lincoln Educational Services Corporation, and Beta Bionics, Inc. The AppLovin lawsuit alleges the company made false statements regarding AI video creative features and overstated the benefits of its AI models. Investors who purchased securities during specified class periods are encouraged to seek counsel before upcoming lead plaintiff deadlines.

Sony (SONY) closed at $24.69, up 1.35%, outperforming the S&P 500's 0.33% gain. The company is expected to report earnings on November 5, 2026, with projected EPS of $0.38 (up 8.57% YoY) but revenue estimated at $19.93 billion (down 5.46% YoY). Sony holds a Zacks Rank #2 (Buy) with a Forward P/E of 16.77, trading at a premium to its industry average.

Vallourec, a world leader in premium seamless tubular solutions, will showcase its VAM® portfolio and expanded CLEANWELL® dope-free solution at ADIPEC 2026 in Abu Dhabi (November 2-5, 2026). The company will present VAM® 21, VAM® HTTC connections, VAM® SPRINT-TC for unconventional applications, and Delphy, its hydrogen storage solution, alongside Vallourec® Services offerings.

Vallourec, a global leader in premium tubular solutions, will showcase its VAM® connections and expanded CLEANWELL® grease-free solution at ADIPEC 2026 in Abu Dhabi (November 2-5, 2026). The company will present advanced offerings including VAM® 21, VAM® HTTC, VAM® SPRINT-TC for unconventional applications, and Delphy, its hydrogen underground storage solution, alongside engineering and operational services.

A securities class action lawsuit has been filed against GoDaddy Inc. for allegedly making materially false and misleading statements regarding customer growth strategy and average order size. The company promoted short-term contracts with smaller valuations that contradicted its public statements about growing average order size, leading to decreased bookings growth in Q4 2025. Investors who purchased GDDY stock between September 3, 2025 and February 24, 2026 may be eligible for compensation. The lead plaintiff deadline is October 20, 2026.

Rosen Law Firm has filed securities class action lawsuits against FuelCell Energy, Hyliion Holdings, and Tigo Energy, alleging that defendants made false and misleading statements regarding their business operations and financial prospects. Investors who purchased securities during specified class periods are encouraged to secure counsel before upcoming deadlines, with the FuelCell case having a November 10, 2026 lead plaintiff deadline.

Rosen Law Firm has filed a securities class action lawsuit against The Ensign Group, Inc. on behalf of investors who purchased securities between February 10, 2022 and June 18, 2026. The lawsuit alleges that Ensign made false and misleading statements regarding its business practices, including systematic neglect of elderly residents, fraudulent Medicaid/Medicare billing, falsification of nursing assistant hours, and illegal licensing schemes. Investors who wish to serve as lead plaintiff must file by December 7, 2026.

Axon Enterprise (AXON) declined 1.34% to $407.80, underperforming the S&P 500's 1.11% loss. The stock has dropped 6.5% over the past month. Despite the recent weakness, the company maintains a Zacks Rank #1 (Strong Buy) rating with projected Q earnings of $1.94 per share (65.81% YoY growth) and full-year earnings of $7.88 per share (15.04% YoY growth). The stock trades at a Forward P/E of 52.44, above its industry average of 31.66.

IonQ, Inc. (IONQ) received an upgrade to Zacks Rank #2 (Buy) based on upward revisions in earnings estimates over the past three months, increasing 6.4%. The upgrade positions the company in the top 20% of Zacks-covered stocks, suggesting potential near-term stock price appreciation driven by improving business fundamentals and institutional investor interest.

Old National Bancorp is expected to report Q3 2026 earnings of $0.66 per share (up 11.9% YoY) with revenues of $735.94 million (up 3.2% YoY) on October 21. However, with an Earnings ESP of 0% and Zacks Rank #2, the stock is not considered a compelling earnings-beat candidate. The company has a strong history of beating estimates in the last four quarters.

Axon Enterprise has attracted investor attention despite a -6.5% return over the past month. The company is expected to report strong earnings growth of +65.8% year-over-year for the current quarter and +15% for the fiscal year. Revenue is projected to grow +31.6% in the current quarter. Axon received a Zacks Rank #1 (Strong Buy) rating, though it trades at a premium valuation (F grade) compared to peers.

Girard Sharp LLP is investigating potential securities claims on behalf of former Lennar Corporation investors who received Millrose Properties, Inc. shares in a February 2025 spin-off. Millrose's stock price has declined significantly since the spin-off completion, prompting the law firm to seek affected investors for a class action lawsuit.

Rosen Law Firm has filed a class action lawsuit against Millrose Properties, Inc. (NYSE: MRP) on behalf of investors who purchased securities between February 7, 2025 and October 2, 2026. The lawsuit alleges that defendants failed to disclose that Millrose's business operations diverged from stated objectives, including entering into lease agreements at a loss and purchasing $200 million in properties from Lennar Corporation. The firm is seeking lead plaintiffs with a deadline of December 8, 2026.

Honeywell International (HON) declined 1.12% on October 13, 2026, underperforming the S&P 500's 0.02% loss. The stock faces significant headwinds with expected Q3 EPS down 61.52% and revenue down 51.31% year-over-year. Full-year guidance shows earnings declining 57.72% and revenue falling 49.55%. The company holds a Zacks Rank #4 (Sell) rating with a Forward P/E of 25.34, trading at a premium to its industry average of 12.81.

Bouygues Telecom and iBasis have announced a long-term strategic partnership to provide international voice, IPX, wholesale roaming services, and jointly launch a roaming office.

Law firm Kirby McInerney LLP is investigating potential securities law violations by Fervo Energy Company (NASDAQ: FRVO). The investigation was prompted by the company's August 2026 earnings report citing transmission curtailment issues, which caused a 16.6% stock decline, and a subsequent October 2026 Morpheus Research report alleging Fervo failed to disclose material issues including production temperature inconsistencies, thermal decline, water loss, and seismic damage at its Cape Station pilot plant. The report suggests the company may have presented altered data in its IPO registration statement.

ON Semiconductor Corp. (ON) closed at $76.00, down 1.97%, underperforming the broader market. The company is expected to report EPS of $0.87 (38.1% growth YoY) and revenue of $1.7 billion (9.66% growth YoY). With a Zacks Rank of #3 (Hold) and a Forward P/E of 24.24 (below industry average of 39.22), the stock trades at a valuation discount despite recent downward EPS estimate revisions of 0.84% over the past 30 days.

TRON DAO released its Q3 2026 report showing the network surpassed $30 trillion in cumulative transaction volume with $2.21 trillion in stablecoin settlement. The network expanded its ecosystem through partnerships with Anchorage Digital, Bitnomial, Backpack, Ethena, and Ducat, while active addresses grew 9.8% to 18 million. Stablecoin supply reached $93.88 billion and total value locked hit $28.21 billion.

Rosen Law Firm is urging Papa John's International (PZZA) investors who purchased stock between August 7, 2025 and August 5, 2026 to join a securities class action lawsuit. The lawsuit alleges that Papa John's made materially false statements about its transformation progress, concealing that it was taking longer than expected and unable to prevent market share losses, ultimately requiring a shift toward increased promotional efforts. The lead plaintiff deadline is November 2, 2026.

Crédit Agricole has signed an agreement to acquire 100% of IKB Deutsche Industriebank AG from Lone Star Funds for €14.3 billion in total assets. The acquisition is a strategic move to accelerate Crédit Agricole's expansion in Germany's mid-corporate banking market, particularly targeting the Mittelstand. The transaction is expected to close by end of Q2 2027 and will have a negative impact of approximately 20 basis points on Crédit Agricole's CET1 ratio.

Ferrari N.V. announced the purchase of 43,000 common shares between October 5-9, 2026, as part of its €250 million third tranche share buyback program. The company invested €114.8 million at an average price of €344.08 per share on Euronext Milan. Since January 2026, Ferrari has purchased 2,032,307 shares for a total consideration of €627.7 million under its multi-year €3.5 billion buyback initiative expected to conclude by 2030.

Zions (ZION) is expected to report Q3 2026 earnings on October 19 with consensus estimates of $1.64 EPS and $894.32M in revenue, representing year-over-year growth. The stock shows a positive Earnings ESP of +1.18% combined with a Zacks Rank #3, suggesting a likely earnings beat. The company has beaten consensus estimates in all four of the last quarters.

IonQ (IONQ) has gained 8.5% over the past month, outperforming the S&P 500's 2.4% return. The company shows impressive revenue growth forecasts of +250% for the current fiscal year and +81.8% for next year, with last quarter revenues up 286.9% year-over-year. However, the company remains unprofitable with expected losses of $0.23 per share this quarter and $1.09 for the fiscal year. Zacks assigns a Hold rating (Rank #3) due to unchanged earnings estimates over the past month and an F valuation grade, indicating the stock trades at a premium to peers.

A securities class action lawsuit has been filed against AST SpaceMobile, Inc. for allegedly making false and misleading statements regarding its capital requirements, liquidity position, competitive standing in the satellite D2C market, and user adoption rates. Investors who purchased ASTS securities between March 4, 2025 and July 15, 2026 may be eligible for compensation. The lead plaintiff deadline is November 13, 2026.

Rosen Law Firm has filed securities class action lawsuits against Better Home & Finance Holding Company (BETR) for allegedly making false statements about its conversion funnel and $1 billion monthly funded volume target. The firm is seeking lead plaintiffs with a November 20, 2026 deadline. Similar lawsuits have been filed against Baidu, Inc. (BIDU) and The Ensign Group, Inc. (ENSG).