StockNews.AI
ONON
Benzinga
1 min

Top Wall Street Forecasters Revamp On Holding Expectations Ahead Of Q3 Earnings

1. ONON earnings expected at 27 cents per share, up 68% year-over-year. 2. Quarterly revenue forecast at $763.84 million, significantly higher than last year’s $635.8 million. 3. Positive analyst ratings include maintained Outperform and Buy ratings from several firms. 4. Recent stock price increase of 0.6% indicates investor confidence. 5. Price targets have varied significantly among analysts, with recent cuts noted.

4m saved
Insight
Article

FAQ

Why Bullish?

Analysts predict strong earnings and revenue growth, which could drive stock appreciation. Historical data shows earnings beats generally lead to stock rallies.

How important is it?

The upcoming earnings report is highly relevant and likely to affect ONON's market performance. Consensus estimates that substantially exceed previous year results signal potential upward momentum.

Why Short Term?

Upcoming earnings release on November 12 could trigger immediate price movements. Short-term trading often reacts sharply to earnings surprises.

Related Companies

Related News