ON Semiconductor Corporation (ON)

NASDAQ: ON · IEX Real-Time Price · USD
74.74
+1.75 (2.40%)
At close: May 15, 2024, 4:00 PM
74.85
+0.11 (0.15%)
After-hours: May 15, 2024, 7:57 PM EDT
2.40%
Market Cap 32.16B
Revenue (ttm) 8.16B
Net Income (ttm) 2.18B
Shares Out 430.23M
EPS (ttm) 4.90
PE Ratio 15.25
Forward PE 16.59
Dividend n/a
Ex-Dividend Date n/a
Volume 6,408,101
Open 74.42
Previous Close 72.99
Day's Range 72.88 - 74.84
52-Week Range 59.34 - 111.35
Beta 1.78
Analysts Buy
Price Target 89.50 (+19.75%)
Earnings Date Apr 29, 2024

About ON

ON Semiconductor Corporation provides intelligent sensing and power solutions in the United States and internationally. The company operates through Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems. In addition, the company offers analog, discret... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Apr 28, 2000
Employees 30,100
Stock Exchange NASDAQ
Ticker Symbol ON
Full Company Profile

Financial Performance

In 2023, ON's revenue was $8.25 billion, a decrease of -0.88% compared to the previous year's $8.33 billion. Earnings were $2.19 billion, an increase of 14.75%.

Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for ON stock is "Buy." The 12-month stock price forecast is $89.5, which is an increase of 19.75% from the latest price.

Price Target
$89.5
(19.75% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Chip Sales Doing Well Globally: Semiconductor Stocks to Watch

Overall chip sales are doing well globally, notes Michael Robinson. He ad Olivier Blanchard discuss semiconductor stocks to watch.

Other symbols: NXPI
16 days ago - Schwab Network

ON, NXPI: Outlook for Auto Chip Makers

Markets are higher as last week's rally continues. Lamar Villere discusses the outlook for auto chip makers.

Other symbols: NXPI
16 days ago - Schwab Network

Onsemi beats quarterly estimates, reports stable margins

Chipmaker Onsemi beat Wall Street expectations for quarterly revenue and profit on Monday and reported a stable gross margin due to lowered costs, in the face of weakening electric vehicle sales.

16 days ago - Reuters

ON Semiconductor Earnings Beat but Guidance Disappoints

The company posted first-quarter adjusted earnings of $1.08 a share on revenue of $1.86 billion.

16 days ago - Barrons

onsemi First Quarter 2024 Results Exceed Expectations

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (the “Company”) (Nasdaq: ON) today announced results for the first quarter of 2024 with the following highlights: Revenue of $1,862.7 million GAAP gross marg...

16 days ago - Business Wire

SoFi, ON Semiconductor, Amazon, Super Micro, and Other Tech Stocks in Focus Today

Tech stocks are rising to start a busy week of earnings as the sector looks to end a difficult month in style.

Other symbols: AMZNSMCISOFI
16 days ago - Barrons

How the E.V. Slowdown Has Impacted OnSemi (ON)

OnSemi (ON) reports earnings on Monday, premarket. George Tsilis discusses what to watch when OnSemi reports earnings.

19 days ago - Schwab Network

Meta, Super Micro, Texas Instruments, ON Semiconductor, AMD, and Other Tech Stocks in Focus Today

The tech stock rebound accelerates Wednesday, led by the Magnificent 7 group.

Other symbols: AMDMETASMCITXN
21 days ago - Barrons

Sell ON Semiconductor, Analysts Say. Demand Challenges Could Be Ahead.

BNP Paribas analysts cut their rating on the semiconductor company to Underperform from Neutral.

26 days ago - Barrons

onsemi to Announce First Quarter Financial Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) plans to announce its financial results for the first quarter, which ended March 29, 2024, before the market opens on Monday, April 29, 2024. Th...

4 weeks ago - Business Wire

onsemi Recommends Stockholders Reject Below-Market Mini-Tender Offer by TRC Capital Investment Corporation

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--ON Semiconductor Corporation (Nasdaq: ON) (“onsemi”) disclosed today that it has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corpo...

6 weeks ago - Business Wire

onsemi Aligns Business Groups to Expand Product Portfolio and Accelerate Growth

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) today announced the formation of the Analog and Mixed-Signal Group (AMG) which will be led by newly appointed group president, Sudhir Gopalswamy...

2 months ago - Business Wire

Shareholders that lost money on ON Semiconductor Corporation(ON) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / February 12, 2024 / If you suffered a loss on your ON Semiconductor Corporation (NASDAQ:ON) investment and want to learn about a potential recovery under the federal securi...

3 months ago - Accesswire

Class Action Filed Against ON Semiconductor Corporation (ON) Seeking Recovery for Investors - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / February 12, 2024 / If you suffered a loss on your ON Semiconductor Corporation (NASDAQ:ON) investment and want to learn about a potential recovery under the federal securi...

3 months ago - Accesswire

Shareholders of ON Semiconductor Corporation Should Contact Levi & Korsinsky Before February 12, 2024 to Discuss Your Rights - ON

NEW YORK, NY / ACCESSWIRE / February 12, 2024 / If you suffered a loss on your ON Semiconductor Corporation (NASDAQ:ON) investment and want to learn about a potential recovery under the federal securi...

3 months ago - Accesswire

ON Semiconductor Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before February 12, 2024 to Discuss Your Rights - ON

NEW YORK, NY / ACCESSWIRE / February 11, 2024 / If you suffered a loss on your ON Semiconductor Corporation (NASDAQ:ON) investment and want to learn about a potential recovery under the federal securi...

3 months ago - Accesswire

February 12, 2024 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against ON

NEW YORK, NY / ACCESSWIRE / February 11, 2024 / If you suffered a loss on your ON Semiconductor Corporation (NASDAQ:ON) investment and want to learn about a potential recovery under the federal securi...

3 months ago - Accesswire

ON IMPORTANT DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages ON Semiconductor Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important February 12 Deadline in Securities Class Action - ON

NEW YORK , Feb. 10, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of ON Semiconductor Corporation ("onsemi") (NASDAQ: ON) common stock between May 1, ...

3 months ago - PRNewsWire

Shareholders that lost money on ON Semiconductor Corporation(ON) should contact Levi & Korsinsky about pending Class Action - ON

NEW YORK, NY / ACCESSWIRE / February 9, 2024 / If you suffered a loss on your ON Semiconductor Corporation (NASDAQ:ON) investment and want to learn about a potential recovery under the federal securit...

3 months ago - Accesswire

Lost Money on ON Semiconductor Corporation(ON)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / February 9, 2024 / If you suffered a loss on your ON Semiconductor Corporation (NASDAQ:ON) investment and want to learn about a potential recovery under the federal securit...

3 months ago - Accesswire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against ON Semiconductor Corporation (ON)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming February 12, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of inves...

3 months ago - Business Wire

Contact Levi & Korsinsky by February 12, 2024 Deadline to Join Class Action Against ON Semiconductor Corporation(ON)

NEW YORK, NY / ACCESSWIRE / February 9, 2024 / If you suffered a loss on your ON Semiconductor Corporation (NASDAQ:ON) investment and want to learn about a potential recovery under the federal securit...

3 months ago - Accesswire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in ON Semiconductor Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against ON Semiconductor Corporation (...

3 months ago - Accesswire

Class Action Filed Against ON Semiconductor Corporation (ON) - February 12, 2024 Deadline to Join - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / February 9, 2024 / If you suffered a loss on your ON Semiconductor Corporation (NASDAQ:ON) investment and want to learn about a potential recovery under the federal securit...

3 months ago - Accesswire

ON SEMICONDUCTOR SHAREHOLDER ACTION REMINDER

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In ON Semiconductor To Contact Him Directly To Discuss Their Options If you suffered losse...

3 months ago - PRNewsWire