ON Semiconductor Corporation (ON)

NASDAQ: ON · Real-Time Price · USD
67.14
-1.35 (-1.97%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-1.97%
Market Cap 28.76B
Revenue (ttm) 7.80B
Net Income (ttm) 1.94B
Shares Out 428.36M
EPS (ttm) 4.40
PE Ratio 15.25
Forward PE 16.33
Dividend n/a
Ex-Dividend Date n/a
Volume 6,593,241
Open 68.10
Previous Close 68.49
Day's Range 65.77 - 68.35
52-Week Range 59.34 - 86.77
Beta 1.65
Analysts Buy
Price Target 85.61 (+27.51%)
Earnings Date Oct 28, 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]

Industry Semiconductors
Sector Technology
IPO Date Apr 28, 2000
Employees 30,100
Stock Exchange NASDAQ
Ticker Symbol ON
Full Company Profile

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 Statements

Analyst Forecast

According to 24 analysts, the average rating for ON stock is "Buy." The 12-month stock price forecast is $85.61, which is an increase of 27.51% from the latest price.

Price Target
$85.61
(27.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

onsemi to Announce Third Quarter Financial Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) plans to announce its financial results for the third quarter, which ended September 27, 2024, before the market opens on Monday, October 28, 20...

11 days ago - Business Wire

ON Semiconductor: Growth Story Remains Compelling, Thanks To Overly Discounted PEG Ratio

ON's automotive prospects remain bright, attributed to its multi-year LTSAs and diversified offerings across ICE/ Hybrid/ EV platforms. The management already hints at demand stabilization, with deman...

15 days ago - Seeking Alpha

Chip stocks drop on China reports

CNBC's Seema Mody joins 'Squawk on the Street' to report on chip stocks taking a dip on headlines out of China.

Other symbols: ARMNVDASMH
21 days ago - CNBC Television

Onsemi: Navigating Industry Challenges With Strategic Transformation

Onsemi's significant transformation under CEO Hassane El-Khoury focuses on high-growth markets like EVs and industrial automation. The company's vertical integration strategy, particularly in Silicon ...

4 weeks ago - Seeking Alpha

ON Semiconductor Corporation (ON) Citi's 2024 Global TMT Conference (Transcript)

ON Semiconductor Corporation (NASDAQ:ON) Citi's 2024 Global TMT Conference Call September 4, 2024 3:00 PM ET Company Participants Hassane El-Khoury - Chief Executive Officer Thad Trent - Chief Financ...

6 weeks ago - Seeking Alpha

Dutch match US export curbs on semiconductor machines

The Dutch government announced Friday broader restrictions on exports of semiconductor-making machines produced by sector heavyweight ASML, aligning itself with US curbs on technology at the center of...

6 weeks ago - TechXplore

ON Semiconductor: Vibes Are ON Point

ON products benefit from a variety of cutting-edge tech trends. ON's financials are strong and should be able to withstand any economic headwinds. Diligent investment and efficient use of cash prove c...

6 weeks ago - Seeking Alpha

ON Semiconductor Corporation (ON) Deutsche Bank 2024 Technology Conference (Transcript)

ON Semiconductor Corporation (NASDAQ:ON) Deutsche Bank 2024 Technology Conference August 29, 2024 1:00 PM ET Company Participants Hassane El-Khoury - CEO Thad Trent - CFO Conference Call Participants...

7 weeks ago - Seeking Alpha

The New Onsemi Is Worth Turning Back On

This column is part of the eighth annual Heard on the Street stock-picking contest.

2 months ago - WSJ

Entegris inks supply deal with chipmaker ON Semiconductor

Industrial materials maker Entegris Inc said on Wednesday it has entered into a long-term supply agreement with chipmaker ON Semiconductor to provide technological solutions to help manufacture silico...

Other symbols: ENTG
2 months ago - Reuters

ON Semiconductor Corporation (ON) KeyBanc Technology Leadership Forum - (Transcript)

ON Semiconductor Corporation (NASDAQ:ON) KeyBanc Technology Leadership Forum Call August 5, 2024 12:30 PM ET Company Participants Hassane El-Khoury - President, Chief Executive Officer and Director T...

2 months ago - Seeking Alpha

Keiretsu Forum Mid-Atlantic, South-East and Texas Announces Latest Liquidity Event with SWIR Vision Systems

PHILADELPHIA, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Keiretsu Forum Mid-Atlantic, South-East, and Texas  regions proudly announce the latest liquidity event for investor members. SWIR Vision Systems, an ea...

2 months ago - GlobeNewsWire

ON Semiconductor Q2: Volkswagen Deals Prove SiC Market Growth Potential

ON Semiconductor Corporation beat market expectations in Q2 FY24 results, driven by growth in the silicon carbide (SiC) market. The company signed a multi-year contract with Volkswagen AG for SiC solu...

2 months ago - Seeking Alpha

ON Semiconductor Manages Profitability Against Odds, 5 Analysts Raise Forecasts As 'Inventory Health Slowly Improves'

Shares of ON Semiconductor Corp ON tanked in early trading on Tuesday, despite the company reporting upbeat second-quarter earnings.

2 months ago - Benzinga

ON Semiconductor Analysts Increase Their Forecasts Following Upbeat Earnings

ON Semiconductor Corp ON reported better-than-expected second quarter financial results on Monday.

2 months ago - Benzinga

S&P 500 Gains and Losses Today: Onsemi Stock Jumps as Car Industry Drives Sales Beat

Major U.S. equities indexes were mixed and little changed on the first trading day of the week. The S&P 500 and the Nasdaq eked out gains of less than 0.1%, while the Dow closed Monday's session 0.1% ...

3 months ago - Investopedia

Stock Market Today: Stocks Subdued Ahead of Fed Meeting, Big Tech Earnings

While the main indexes were relatively quiet, McDonald's and ON Semiconductor notched big post-earnings gains.

Other symbols: MCDTSLA
3 months ago - Kiplinger

3-Stock Lunch: Abbott Labs, On Semiconductor and P&G

Will McGough, Prime Capital Investment Advisors director of investments, joins 'Power Lunch' to discuss stock plays for three stocks.

Other symbols: ABTPG
3 months ago - CNBC Television

ON Semiconductor Corporation (ON) Q2 2024 Earnings Call Transcript

ON Semiconductor Corporation (NASDAQ:ON) Q2 2024 Earnings Conference Call July 29, 2024 9:00 AM ET Company Participants Parag Agarwal - VP, IR and Corporate Development Hassane El-Khoury - President ...

3 months ago - Seeking Alpha

OnSemi (ON) Rises After Earnings Beat

The stock rallied Monday after a better-than-expected earnings report boosted investor confidence in the semiconductor stock. Jenny Horne looks into OnSemi (ON) ahead of a huge earnings week for the m...

3 months ago - Schwab Network

Onsemi Stock Soars, Leading S&P 500 Gains Monday—Here's Why

Onsemi's (ON) stock price soared over 13% in early trading Monday, leading gains on the S&P 500 after the chipmaker reported better-than-expected revenue for the second quarter and highlighted gains i...

3 months ago - Investopedia

ON Q2 earnings decline but the stock is surging, here's why

ON Semiconductor announced Q2 earnings today. Even though its earnings are declining on a yearly basis, the company beat expectations and expects promising growth.

3 months ago - Invezz

Onsemi beats second-quarter results estimates on steady auto chip demand

Onsemi marginally beat Wall Street expectations for second-quarter revenue and profit on Monday, helped by resilient demand for its automotive chips in an uncertain market, sending its shares up 10% i...

3 months ago - Reuters

onsemi Announces Second Quarter 2024 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (the “Company”) (Nasdaq: ON) today announced results for the second quarter of 2024 with the following highlights: Revenue of $1,735.2 million GAAP gross mar...

3 months ago - Business Wire

ON Semiconductor: Q2 Preview Amid Mixed Signals In The Automotive Industry

onsemi is set to report Q2 2024 financial results on July 29. Expectations are for revenue between $1.68 billion and $1.78 billion and Q2 Non-GAAP EPS between $0.86 and $0.98. onsemi reported Q1 2024 ...

3 months ago - Seeking Alpha