ON Semiconductor Corporation (ON)
| Market Cap | 27.89B |
| Revenue (ttm) | 7.38B |
| Net Income (ttm) | 1.76B |
| Shares Out | 425.80M |
| EPS (ttm) | 4.03 |
| PE Ratio | 16.23 |
| Forward PE | 16.10 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 12,536,268 |
| Open | 64.22 |
| Previous Close | 64.80 |
| Day's Range | 63.94 - 66.86 |
| 52-Week Range | 59.34 - 86.10 |
| Beta | 1.62 |
| Analysts | Buy |
| Price Target | 85.96 (+31.24%) |
| Earnings Date | Feb 3, 2025 |
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 Semiconductor's revenue was $8.25 billion, a decrease of -0.88% compared to the previous year's $8.33 billion. Earnings were $2.18 billion, an increase of 14.80%.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for ON stock is "Buy." The 12-month stock price forecast is $85.96, which is an increase of 31.24% from the latest price.
News
onsemi and DENSO Collaborate for a Strengthened Relationship
SCOTTSDALE, Ariz. & KARIYA, Japan--(BUSINESS WIRE)--onsemi (Nasdaq: ON) and tier-one automotive supplier DENSO CORPORATION announced today that they are strengthening their long-term relationship to s...
ON Semiconductor Corporation (ON) CEO Hassane El-Khoury presents at Nasdaq Investor Conference (Transcript)
ON Semiconductor Corporation (NASDAQ:ON) Nasdaq Investor Conference December 10, 2024 11:00 AM ET Company Participants Hassane El-Khoury - CEO Thad Trent - CFO Conference Call Participants Joe Moore ...
onsemi to Acquire Silicon Carbide JFET Technology to Enhance Its Power Portfolio for AI Data Centers
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) today announced that it has entered into an agreement to acquire the Silicon Carbide Junction Field-Effect Transistor (SiC JFET) technology busi...
DigiKey Debuts Supply Chain Transformed Season 3
THIEF RIVER FALLS, Minn., Dec. 03, 2024 (GLOBE NEWSWIRE) -- DigiKey , a leading global commerce distributor offering the largest selection of technical components and automation products in stock for ...
ON Semiconductor Q3: Remain Soft In Automotive And Industrial
I reiterate a “Strong Buy” rating for ON Semiconductor Corporation with a one-year target price of $120 per share, despite current market challenges. ON Semiconductor faces a downcycle with a 19.2% re...
ON Semiconductor Corporation (ON) onsemi Investor Webinar: Treo Platform Launch Transcript
ON Semiconductor Corporation (NASDAQ:ON) onsemi Investor Webinar: Treo Platform Launch November 18, 2024 9:00 PM ET Company Participants Parag Agarwal - Vice President-Investor Relations & Corporate ...
onsemi Hyperlux Sensors Selected for Subaru's Next-Generation AI-Integrated EyeSight System
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) announced today it will be the primary supplier of image sensors for Subaru's next-generation EyeSight stereo-camera front sensing system in fut...
onsemi Introduces the Industry's Most Advanced Analog and Mixed-Signal Platform
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--What's New: Today, onsemi introduced the Treo Platform, an analog and mixed-signal platform built with Bipolar-CMOS-DMOS (BCD) process technology on an advanced 65n...
ventureLAB and Hudson Valley FastFab Inc. Sign MOU to Collaborate on Semiconductor and Microelectronics Innovation
MARKHAM, Ontario--(BUSINESS WIRE)--ventureLAB, a leading global founder community for hardware technology and enterprise software companies in Canada, and Hudson Valley FastFab Inc. (HVFF), a company ...
Why ON Semiconductor is a strong buy despite recent market challenges
ON Semiconductor, the $31 billion chip manufacturer based in Scottsdale, Arizona, has faced significant challenges lately. Despite the broader market momentum, with the S&P 500 index climbing 29% from...
Tesla Supplier STMicro Warns of Weaker Sales. ON Semi, Texas Instruments Stocks Fall.
Demand for semiconductors has been bumpy recently. While names like Nvidia are benefiting from the artificial intelligence boom, chip makers focused on other sectors aren't faring as well.
Is ON Semiconductor A Buy After FQ3'24 Earnings
ON Semiconductor's double beat FQ3'24 performance and decent FQ4'24 guidance continue to demonstrate demand stabilization, as similarly observed in the stable gross margins. If anything, the managemen...
Onsemi's Strategic Bet On Silicon Carbide: The Future Is Bright For EV Adoption
OnSemi remains undervalued due to downturns in the auto and industrial markets, which are decreasing revenue and causing lackluster profitability. Its silicon carbide technology enhances EV affordabil...
ON Semi Is On Track: Upgrading With A Buy
Onsemi reported better-than-expected Q3 earnings, with EPS of $0.99 and revenue of $1.76 billion, leading to a 5% stock rise. I'm upgrading the stock to a buy for mid to long-term investors due to opt...
Despite ON Semi's Strong Q3 And Fair Valuation, It's Not A Buy (Rating Downgrade)
Q3 earnings showed quarter-over-quarter revenue growth of 1.5% and a $0.02 normalized EPS beat—strategic share buybacks have used 75% of ON Semi's free cash flow over the last year. Management estimat...
ON Semiconductor: Positioned To Dominate The Silicon Carbide Market As Demand Ramps Up
ON Semiconductor's Q3 2024 revenue decreased by 19.3% year-over-year due to slowing EV demand and excess inventory. Free cash flow margins improved to 16.7%, driven by reduced capital expenditures and...
onsemi East Fishkill Fab Accredited as Trusted Foundry by Department of Defense
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) announced today its wafer fab in East Fishkill (EFK), New York, has been accredited by the Defense Microelectronics Activity (DMEA) of the U.S. ...
ON Semiconductor: Pretty Impressive Performance For A Down Cycle
ON Semiconductor Corporation was one of the first to forecast a slowdown in demand, allowing it to quickly adjust its factory utilization rates, helping it control costs. Q3 results show stable revenu...
ON Semiconductor Corporation (ON) Q3 2024 Earnings Call Transcript
ON Semiconductor Corporation (NASDAQ:ON) Q3 2024 Earnings Conference Call October 28, 2024 9:00 AM ET Company Participants Parag Agarwal - VP, IR and Corporate Development Hassane El-Khoury - Preside...
360 Round: Onsemi (ON) Earnings
CFRA's Angelo Zino maintains a Hold rating for Onsemi (ON) after earnings. Angelo says this is a company "not as exposed to A.I.
Onsemi's downbeat forecast casts doubt on auto chip recovery
Chipmaker Onsemi projected fourth-quarter revenue and profit below Wall Street estimates on Monday, citing persistent soft demand for semiconductors in the auto sector.
Onsemi Tops Q3 Estimates But Sales Continue To Slide and Its Outlook Is Soft
ON Semiconductor (ON) beat third-quarter profit and revenue estimates Monday, but sales continued to decline and the chipmaker gave weak guidance.
AAPL A.I. Launch, ON Tops Expectations, BA Stock Offering
Apple (AAPL) shares are on the move as the first wave of Apple Intelligence features launch today with the latest iOS18 update. Meanwhile, Onsemi (ON) edges past earnings expectations and Boeing (BA) ...
Dow Jumps Over 300 Points; ON Semiconductor Earnings Top Views
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 300 points on Monday.
On Semi Stock Gains After Earnings Beat. CEO Says ‘Power Demands Continue to Rise.
The chip maker reported quarterly earnings and sales above Wall Street's estimates.