ON Semiconductor Corporation (ON)
| Market Cap | 31.37B |
| Revenue (ttm) | 8.16B |
| Net Income (ttm) | 2.18B |
| Shares Out | 430.23M |
| EPS (ttm) | 4.90 |
| PE Ratio | 14.88 |
| Forward PE | 17.70 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,784,407 |
| Open | 70.10 |
| Previous Close | 69.18 |
| Day's Range | 70.10 - 72.96 |
| 52-Week Range | 59.34 - 111.35 |
| Beta | 1.71 |
| Analysts | Buy |
| Price Target | 88.68 (+21.61%) |
| Earnings Date | Jul 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]
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 StatementsAnalyst Forecast
According to 27 analysts, the average rating for ON stock is "Buy." The 12-month stock price forecast is $88.68, which is an increase of 21.61% from the latest price.
News
Onsemi to invest up to $2 bln in Czech semiconductor plant
U.S. chipmaker Onsemi will invest up to $2 billion to boost its semiconductor output in the Czech Republic, it said on Wednesday, expanding the company's European capacity as the European Union seeks ...
onsemi Selects the Czech Republic to Establish End-to-End Silicon Carbide Production for Advanced Power Semiconductors
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Electrification, renewables and artificial intelligence are global megatrends converging and driving unprecedented demands for advanced power semiconductors capable...
Investors who lost money with shares of ON Semiconductor Corporation (NASDAQ: ON) should contact the Shareholders Foundation in connection with Lawsuit
A lawsuit was filed for certain investors in ON Semiconductor Corporation shares. Investors in NASDAQ: ON should contact the Shareholders Foundation.
Tech Stocks Are Slipping. Microsoft, On Semi, and More Are in Focus
Microsoft has had to delay an AI-powered feature on its PCs over privacy concerns.
Onsemi to cut 1,000 jobs globally
Chipmaker Onsemi said on Thursday it would cut its global workforce by about 1,000 employees, as part of its previously announced strategy to optimize its manufacturing network and streamline global p...
ON Semiconductor Well Positioned For Cyclical Recovery: Analyst
Needham analyst Quinn Bolton reiterated ON Semiconductor Corp ON with a Buy rating and a $92 price target.
Onsemi aims to improve AI power efficiency with silicon carbide chips
Onsemi on Wednesday unveiled a lineup of chips designed to make the data centers that power artificial intelligence services more energy efficient by borrowing a technology it already sells for electr...
onsemi Unveils Complete Power Solution to Improve Energy Efficiency for Data Centers
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--What's New: As data centers become increasingly power-hungry to support the tremendous processing requirements of AI workloads, the need for boosting energy efficie...
SEMIFIVE Signs MOU with Atron Technologies to Collaborate on Semiconductor Design
Expected to expand global business in the Chinese market SEOUL, South Korea , May 23, 2024 /PRNewswire/ -- SEMIFIVE, a leading design solution provider and pioneer of platform-based custom silicon sol...
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.
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.
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.
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.
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...
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.
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.
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.
Sell ON Semiconductor, Analysts Say. Demand Challenges Could Be Ahead.
BNP Paribas analysts cut their rating on the semiconductor company to Underperform from Neutral.
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...
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...
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...
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...
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...
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...
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...