24/7 Wall Street
12 May 2026, 02:12 UTC · 18w ago
Verdict
Headline leans bearish. We score STM +0.40 across five claims.
Score contradicts the headline.
Leans bearish
From its wording — no explicit rating
+0.40moderately bullish
What the story claims
5 claims · scored −1 bearish … +1 bullish
The U.S. EV market experienced a significant slowdown, with BEV sales reaching just 1.1% year-on-year growth in 2025 due to tariffs and the termination of federal tax credits, and comparable low growth is expected for 2026.
More negative than 98% of claims this week
SiC power device suppliers continued to expand production facilities and transition to 8-inch wafers simultaneously with the EV market slowdown, creating oversupply dynamics.
So whatCapacity expansion colliding with end-market demand destruction pressures SiC pricing and margins, negatively impacting producer profitability.
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5 related stories
More positive than 64% of ticker scores this week
Scored by the NIS engine · methodology.
Top 2 movers · tap to explore
More negative than 96% of claims this week
onsemi provided Q2 2026 revenue guidance of $1.40 billion to $1.50 billion with non-GAAP gross margins projected between 36% and 38%.
So whatThe guided gross margins represent a contraction that signals pricing pressure or underutilized capacity, which is a negative signal for near-term profitability.
More negative than 86% of claims this week
onsemi reported Q1 2026 revenue of $1.51 billion and non-GAAP EPS of $0.64, down significantly from $1.86 billion in Q1 2024.
More negative than 81% of claims this week
High gasoline prices could become a catalyst for increased BEV and hybrid adoption in the second half of 2026.
So whatImproved EV adoption in 2H 2026 would provide a recovery catalyst for onsemi's SiC and automotive sensing segments.
More positive than 65% of claims this week
Which stocks this story touches
More positive than 64% of ticker scores this week
Positioned as a market leader capable of capitalizing on SiC wafer shortages to boost revenue and market share.
More negative than 74% of ticker scores this week
Mentioned in the context of a slowdown in the silicon carbide business.
More positive than 52% of ticker scores this week
Reported improving conditions after a downturn and provided positive Q2 guidance, though still facing EV market headwinds.
More positive than 45% of ticker scores this week
Maintains a dominant 43.4% market share in the global CMOS image sensor market.
More negative than 68% of ticker scores this week
Identified as a major player in the SiC sector which is currently experiencing a slowdown.
More positive than 45% of ticker scores this week
Identified as a major supplier in the CMOS image sensor market with a 19% share.
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4h ago
More positive than 78% of relationship scores this week
[mutual] Both companies compete for market share in the non-Chinese SiC power chip market.
More positive than 78% of relationship scores this week
[mutual] Both companies hold large market shares in the SiC power device market.
More positive than 36% of relationship scores this week
[mutual] Both are identified as companies affected by the silicon carbide (SiC) business downturn.
−19.1%
Price is moving against the score
$48.61 vs $60.12 close before publication (May 11) · not market-adjusted
STM chart →
