ON Semiconductor Corporation (ON)

NASDAQ: ON · Real-Time Price · USD
35.85
+0.23 (0.65%)
At close: Apr 15, 2025, 4:00 PM
35.50
-0.35 (-0.98%)
After-hours: Apr 15, 2025, 7:00 PM EDT
0.65%
Market Cap 15.11B
Revenue (ttm) 7.08B
Net Income (ttm) 1.57B
Shares Out 421.42M
EPS (ttm) 3.63
PE Ratio 9.88
Forward PE 14.62
Dividend n/a
Ex-Dividend Date n/a
Volume 6,441,620
Open 35.77
Previous Close 35.62
Day's Range 35.06 - 36.68
52-Week Range 31.04 - 80.08
Beta 1.47
Analysts Buy
Price Target 65.68 (+83.21%)
Earnings Date Apr 28, 2025

About ON

ON Semiconductor Corporation provides intelligent sensing and power solutions in the United States and internationally. The company operates through three segments Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module and integrated semiconductor products that perform multiple application functions, including power switching, signal conditioning, and circuit protection. The Analog and Mixed-Signal Group segment designs and develops analogues, mixed-signal, ... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Apr 28, 2000
Employees 26,490
Stock Exchange NASDAQ
Ticker Symbol ON
Full Company Profile

Financial Performance

In 2024, ON Semiconductor's revenue was $7.08 billion, a decrease of -14.19% compared to the previous year's $8.25 billion. Earnings were $1.57 billion, a decrease of -27.98%.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for ON stock is "Buy." The 12-month stock price forecast is $65.68, which is an increase of 83.21% from the latest price.

Price Target
$65.68
(83.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Onsemi shelves $6.9 billion offer to buy Allegro MicroSystems

U.S chipmaker Onsemi said on Monday it was withdrawing its $6.9 billion offer for Allegro MicroSystems , a month after the semiconductor solutions provider rebuffed the latest offer from its larger ri...

Other symbols: ALGM
1 day ago - Reuters

onsemi Withdraws Proposal to Acquire Allegro MicroSystems

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (NASDAQ: ON) today announced that it has terminated its efforts to acquire Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM) and withdrawn its all-cash p...

Other symbols: ALGM
1 day ago - Business Wire

US chipmakers outsourcing manufacturing will escape China's tariffs

Shares of AMD and Nvidia - rose 6% and 2.6% respectively, while Qualcomm was up 1.1%. The US companies will be able to have their chip origin classified as Taiwan, according to an info forum for Chine...

Other symbols: AMDQCOMTSM
3 days ago - Reuters

The Impact Of Tariffs On Chipmakers

Trump's announced tariffs have caused market turbulence, particularly impacting semiconductor stocks. I will analyze how these tariffs might affect different semiconductor companies, considering poten...

9 days ago - Seeking Alpha

ON Semiconductor: A Buy With Caution Advised

Revenue of Analog and Power Semiconductor companies has been declining since late 2023. It is still unclear whether a bottom has been reached. ON Semiconductor has managed to stay profitable so far. B...

13 days ago - Seeking Alpha

ON Semi Joins Top Chip Picks As Tesla Gains And Allegro Deal Signal Upside

Following his industry update report, BofA Securities analyst Vivek Arya spotlighted his three diversified semiconductor top picks on Friday.

Other symbols: ALGM
18 days ago - Benzinga

onsemi Debuts Advanced Depth Sensor for Industrial Applications

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--What's New: Today onsemi released the Hyperlux™ ID family, the industry's first real-time, indirect time-of-flight (iToF) sensor that offers high precision long dis...

5 weeks ago - Business Wire

Onsemi Discloses Offer to Acquire Allegro MicroSystems

Allegro MicroSystems said On Semiconductor's recent acquisition offer that values it at $6.9 billion is “inadequate.”

Other symbols: ALGM
5 weeks ago - WSJ

Onsemi proposes to acquire Allegro Microsystems in all-cash transaction

Onsemi said on Wednesday that it proposed to acquire sensor integrated circuits provider Allegro Microsystems for $35.10 per share in an all-cash transaction.

Other symbols: ALGM
5 weeks ago - Reuters

onsemi Proposes to Acquire Allegro MicroSystems for $35.10 Per Share in Cash

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (NASDAQ: ON) today disclosed details of a proposal submitted to the Board of Directors of Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM) to acquire th...

Other symbols: ALGM
5 weeks ago - Business Wire

ON Semiconductor Corporation (ON) Morgan Stanley Technology, Media & Telecom Conference (Transcript)

ON Semiconductor Corporation (NASDAQ:ON) Morgan Stanley Technology, Media & Telecom Conference March 4, 2025 6:20 PM ET Company Participants Hassane El-Khoury - President and CEO Thad Trent - EVP and...

5 weeks ago - Seeking Alpha

ON Semiconductor: More Pain Ahead, Pending Growth Catalysts

As highlighted by numerous analog market players, ON is likely to face further recovery headwinds, as similarly observed in its FQ4'24 miss and underwhelming FQ1'25 guidance. Combined with the heighte...

6 weeks ago - Seeking Alpha

Allegro drawing takeover interest from ON Semiconductor, Bloomberg News reports

Sensor integrated circuits provider Allegro Microsystems is drawing takeover interest from larger competitor ON Semiconductor , Bloomberg News reported on Sunday citing people familiar with the matter...

6 weeks ago - Reuters

Onsemi to cut nearly 2,400 jobs this year in restructuring push

Onsemi has initiated a restructuring plan aimed at reducing operational costs, which would result in the laying off of about 2,400 of its employees across all business divisions worldwide in 2025, the...

7 weeks ago - Reuters

ON Semiconductor's Q4 Revenues Down 15% As Automotive Industry Hits Massive Speed Bump, 7 Analysts Cut Forecasts On Continued Demand Weakness

Shares of ON Semiconductor Corp ON were climbing in early trading on Tuesday, despite the company reporting a steep decline in fourth-quarter revenues.

2 months ago - Benzinga

These Analysts Slash Their Forecasts On ON Semiconductor After Downbeat Results

ON Semiconductor Corp ON posted downbeat quarterly results on Monday.

2 months ago - Benzinga

ON's "Tale of Two Stories" & Semi Space Headwinds

If you're not Nvidia (NVDA), you'll face price action pressure. That's according to Tony Zipparro after seeing OnSemi's (ON) latest earnings sell-off.

2 months ago - Schwab Network

ON Semiconductor Corporation (ON) Q4 2024 Earnings Call Transcript

ON Semiconductor Corporation (NASDAQ:ON) Q4 2024 Earnings Conference Call February 10, 2025 9:00 AM ET Company Participants Parag Agarwal - VP, IR and Corporate Development Hassane El-Khoury - Presid...

2 months ago - Seeking Alpha

Nasdaq Surges 1%; ON Semiconductor Shares Plunge Following Earnings Miss

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 1% on Monday.

2 months ago - Benzinga

Onsemi Stock Sinks on Worse-Than-Expected Results, Outlook

Shares of ON Semiconductor (ON), also known as Onsemi, sank more than 6% Monday after the maker of power chips missed profit, sales, and guidance estimates as it said it faced difficult macroeconomic ...

2 months ago - Investopedia

MCD Absorbs E. Coli Losses, ON slips Under Expectations

Today's premarket earnings show a mixed picture heading into the opening bell. McDonald's (MCD) reported earnings that slightly disappointed due to the company's E.

Other symbols: MCD
2 months ago - Schwab Network

Trump's Steel Tariffs, Onsemi Slumps

The Trump Administration announced new tariffs on steel & aluminum products, moving U.S. steelmaker stocks higher. Alex Coffey discusses why stocks are higher because of, not despite the tariff announ...

2 months ago - Schwab Network

Onsemi forecasts first-quarter revenue below estimates

Onsemi forecast first-quarter revenue below Wall Street expectations on Monday, hit by softer demand for its automotive chips as customers cut back on orders owing to economic uncertainty, sending its...

2 months ago - Reuters

onsemi Reports Fourth Quarter and Full Year 2024 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (the “Company”) (Nasdaq: ON) today announced its fourth quarter and fiscal year 2024 results with the following highlights: Fourth quarter revenue of $1,722....

2 months ago - Business Wire

Tesla, ON Semiconductor And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow Jones futures gaining around 150 points on Monday.

Other symbols: TSLA
2 months ago - Benzinga