ON Semiconductor Corporation (ON)

NASDAQ: ON · Real-Time Price · USD
45.50
-0.19 (-0.40%)
Mar 25, 2025, 12:59 PM EDT - Market open
-0.40%
Market Cap 19.17B
Revenue (ttm) 7.08B
Net Income (ttm) 1.57B
Shares Out 421.42M
EPS (ttm) 3.63
PE Ratio 12.51
Forward PE 18.08
Dividend n/a
Ex-Dividend Date n/a
Volume 1,788,835
Open 45.43
Previous Close 45.68
Day's Range 44.97 - 45.88
52-Week Range 41.59 - 80.08
Beta 1.59
Analysts Buy
Price Target 66.76 (+46.74%)
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 $66.76, which is an increase of 46.74% from the latest price.

Price Target
$66.76
(46.74% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

14 days 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
19 days 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
19 days 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
19 days 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...

19 days 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...

20 days 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...

23 days 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...

27 days 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.

6 weeks ago - Benzinga

These Analysts Slash Their Forecasts On ON Semiconductor After Downbeat Results

ON Semiconductor Corp ON posted downbeat quarterly results on Monday.

6 weeks 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.

6 weeks 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...

6 weeks 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.

6 weeks 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 ...

6 weeks 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
6 weeks 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...

6 weeks 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...

6 weeks 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....

6 weeks 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
6 weeks ago - Benzinga

ON Semiconductor Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

ON Semiconductor Corporation ON will release its fourth-quarter financial results before the opening bell on Monday, Feb. 10.

6 weeks ago - Benzinga

ON Semiconductor: The Market's Overreaction Is Your Opportunity, Q4 Earnings Preview

ON Semiconductor's recent market struggles mask its long-term potential, driven by its strategic moves in silicon carbide (SiC) and vertical integration. The company's acquisition of Qorvo's SiC JFET ...

6 weeks ago - Seeking Alpha

Stock Picks From Seeking Alpha's January 2025 New Analysts

In January, Seeking Alpha welcomed 29 new analysts. This article introduces them and showcases some of their top picks. Analysts highlighted include The Conservative Investor recommending Dassault Avi...

6 weeks ago - Seeking Alpha

onsemi Achieves Validation of Near-Term Science-Based Emissions Reduction Targets

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--What's New: The Science Based Targets initiative (SBTi) has approved onsemi's near-term science-based emissions reduction targets. The validation of these targets a...

7 weeks ago - Business Wire

ON Semiconductor: Cyclical Buy, Unaffected By DeepSeek

ON Semiconductor (onsemi) is a Buy due to its attractive valuation, strong long-term growth potential, and plans to return 50% of FCF to shareholders. The company focuses on power management and sensi...

7 weeks ago - Seeking Alpha

onsemi to Announce Fourth Quarter and 2024 Annual Financial Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) plans to announce its financial results for the fourth quarter and full year, which ended December 31, 2024, before the market opens on Monday, ...

2 months ago - Business Wire