ON Semiconductor Corporation (ON)

NASDAQ: ON · Real-Time Price · USD
38.41
-3.50 (-8.35%)
At close: May 5, 2025, 4:00 PM
38.30
-0.11 (-0.29%)
After-hours: May 5, 2025, 7:10 PM EDT
-8.35%
Market Cap 16.21B
Revenue (ttm) 6.67B
Net Income (ttm) 633.70M
Shares Out 422.05M
EPS (ttm) 1.47
PE Ratio 26.06
Forward PE 15.62
Dividend n/a
Ex-Dividend Date n/a
Volume 24,227,244
Open 40.43
Previous Close 41.91
Day's Range 37.66 - 40.74
52-Week Range 31.04 - 80.08
Beta 1.39
Analysts Buy
Price Target 61.95 (+61.29%)
Earnings Date May 5, 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 22 analysts, the average rating for ON stock is "Buy." The 12-month stock price forecast is $61.95, which is an increase of 61.29% from the latest price.

Price Target
$61.95
(61.29% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ON Semiconductor Q1 Earnings Results: The Pain Will Persist

ON Semiconductor Corporation reported Q1 earnings with a GAAP loss, declining revenues, and reduced margins, highlighting ongoing operational challenges and macroeconomic uncertainties. The company en...

9 hours ago - Seeking Alpha

ON Semiconductor (ON) Q1 2025 Earnings Call Transcript

ON Semiconductor Corporation (NASDAQ:ON) Q1 2054 Earnings Conference Call May 5, 2025 9:00 AM ET Company Participants Hassane El-Khoury - President, Chief Executive Officer Thad Trent - Executive Vic...

11 hours ago - Seeking Alpha

Chipmaker Onsemi forecasts upbeat quarterly revenue on resilient demand from EV makers

Onsemi forecast second-quarter revenue above Wall Street expectations on Monday, as demand for its chips used in electric vehicles remains resilient despite economic uncertainty brought on by U.S. Pre...

14 hours ago - Reuters

ON Semiconductor Stock Climbs on Better-than-Expected First-Quarter Earnings

ON Semiconductor posts adjusted earnings and revenue that tops Wall Street forecasts.

15 hours ago - Barrons

onsemi Reports First Quarter 2025 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (the “Company”) (Nasdaq: ON) today announced its first quarter 2025 results with the following highlights: Revenue of $1,445.7 million GAAP gross margin and ...

15 hours ago - Business Wire

ON Semiconductor Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

ON Semiconductor Corporation ON will release earnings results for the first quarter, before the opening bell on Monday, May 5.

20 hours ago - Benzinga

Nasdaq Index: Dexcom, Meta, ON Semi Lead US Stocks Rebound on Trade Optimism

Nasdaq jumps as Dexcom, Palantir, and ON Semi soar. Jobs report beats forecasts, easing inflation fears and driving US stock market optimism.

Other symbols: DXCMMETA
3 days ago - FXEmpire

ON Semiconductor: Are 40% Operating Margins Achievable?

Onsemi's revenue is projected to recover in 2025, driven by growth in the automotive and industrial markets, despite current headwinds. Gross margins are expected to improve, benefiting from economies...

6 days ago - Seeking Alpha

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 April 4, 2025, before the market opens on Monday, May 5, 2025. The co...

18 days ago - Business Wire

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
21 days 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
21 days 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
24 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...

4 weeks 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...

4 weeks 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
5 weeks 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...

7 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
2 months 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
2 months 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
2 months 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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