ON Semiconductor Corporation (ON)
| Market Cap | 40.11B |
| Revenue (ttm) | 8.35B |
| Net Income (ttm) | 1.96B |
| Shares Out | 431.53M |
| EPS (ttm) | 4.37 |
| PE Ratio | 21.27 |
| Forward PE | 16.60 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,214,854 |
| Open | 95.50 |
| Previous Close | 94.05 |
| Day's Range | 92.76 - 95.67 |
| 52-Week Range | 54.93 - 111.35 |
| Beta | 1.78 |
| Analysts | Buy |
| Price Target | 112.35 (+20.87%) |
| Earnings Date | Oct 30, 2023 |
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, 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. The company offers analog, disc... [Read more]
Financial Performance
In 2022, ON's revenue was $8.33 billion, an increase of 23.54% compared to the previous year's $6.74 billion. Earnings were $1.90 billion, an increase of 88.61%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for ON stock is "Buy." The 12-month stock price forecast is $112.35, which is an increase of 20.87% from the latest price.
News
onsemi Appoints Christina Lampe-Önnerud to the Board of Directors
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) today announced that Christina Lampe-Önnerud was appointed to its board of directors, effective September 1, 2023. Lampe-Önnerud is a highly reg...
The sell off in ON Semi is absurd, says Jim Cramer
'Mad Money' host Jim Cramer looks at what he calls the summer stock slump and breaks down the market downturn.
On Holding Slips Into A More Comfortable Price Point
Shares of On Holding NYSE: ON were down about 10% following the Q2 earnings release, but this was an opportunity to buy more shares, not cut losses. The company's results are a testament to execution ...
ONSemi Is On Target For New Highs In 2023
ONSemi NASDAQ: ON is on target for new highs in 2023, but the move may not come immediately. The market is up a solid 3% following the Q2 results and guidance for Q3, but the market may have reached a...
ON Semiconductor Q2 earnings: ‘bigger trends are in our favour'
ON Semiconductor Corp (NASDAQ: ON) is in focus on Monday after reporting its financial results for the second quarter that handily topped Street estimates. ON stock up on encouraging outlook The semic...
Onsemi CEO: Strength in electrification of auto market has given us solid results and outlook
Hassane El-Khoury, Onsemi president and CEO, joins 'Squawk on the Street' to discuss where the company's upside guidance came from, the Onsemi content difference between internal combustible and elect...
Onsemi Shares Reach Record High on Demand for Auto and Industrial Chips
Onsemi beat estimates on profit, sales, and guidance on increased demand for its automotive and industrial chips. Shares hit an all-time high on the news.
onsemi Second Quarter 2023 Results Exceed Expectations
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (the “Company”) (Nasdaq: ON) today announced results for the second quarter of 2023 with the following highlights: Revenue of $2,094.4 million, flat year-ove...
onsemi and Magna Sign Strategic Agreements to Invest in Silicon Carbide for Growing Electric Vehicle Market
SCOTTSDALE, Ariz. & AURORA, Ontario--(BUSINESS WIRE)--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and Magna (NYSE: MGA; TSX: MG), a mobility technology company and one...
onsemi Secures $1.95B in Supply Agreements with Leading Solar Inverter Manufacturers
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced it has secured $1.95B in long-term supply agreements (LTSAs) for its in...
Is ON Semiconductor Corp (ON) Overvalued? A Comprehensive Analysis
On July 25, 2023, ON Semiconductor Corp ( ON , Financial) recorded a daily gain of 3.54%, with its stock price reaching $101.15. The company's current market cap stands at $43.7 billion, with reported...
onsemi and BorgWarner Expand Strategic Collaboration for Silicon Carbide Worth Over $1 Billion in Lifetime Value
SCOTTSDALE, Ariz. & AUBURN HILLS, Mich.--(BUSINESS WIRE)--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and BorgWarner Inc. (NYSE: BWA), a global product leader in deliv...
onsemi to Announce Second Quarter Financial Results
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) plans to announce its financial results for the second quarter, which ended June 30, 2023, before the market opens on Monday, July 31, 2023. The...
Chip stocks lag market as semiconductor sales decline for 11th straight month
Chip stocks underperformed the broader market Thursday after the semiconductor industry logged its 11th month in a row of steep losses from the year-ago period.
onsemi Selected by Nasdaq for 100 Index
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, will be added to the Nasdaq-100 Index® prior to market open on Tuesday, June 20, 2023. ...
Vitesco Technologies and onsemi sign SiC long-term supply agreement and agree to invest in SiC technology capacity expansion
Vitesco Technologies is securing silicon carbide (SiC) supply capacity worth $1.9 billion (€1.75 billion), to enable the enormous growth in electrification Vitesco Technologies is gaining access to th...
Vitesco Technologies and onsemi Sign SiC Long-Term Supply Agreement and Agree to Invest in SiC Technology Capacity Expansion
REGENSBURG, Germany & SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Vitesco Technologies (FSE: VTSC) and onsemi (Nasdaq: ON) today announced a 10-year long-term supply agreement worth $1.9 billion for silicon c...
Final Trades: Netflix, ON Semi & more
The "Halftime Report" traders give their top picks to watch for the second half.
Chip Maker Rides EV Market to New, Expensive Heights
OnSemi boosts growth and margin targets despite rising capex requirements.
ON Semiconductor mulls $2 bln investment in electric vehicle chip production
ON Semiconductor Corp is considering investing $2 billion in boosting production of silicon carbide chips that are widely used to help extend the range of electric vehicles, company executives said on...
Penn State and onsemi Sign MOU to Boost Silicon Carbide Research in the United States
SCOTTSDALE, Ariz. & UNIVERSITY PARK, Pa.--(BUSINESS WIRE)--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and Penn State are pleased to announce the signing of a memorand...
onsemi and Kempower Enter Strategic Agreement for Electric Vehicle Chargers
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced that under a new strategic agreement, it will provide Kempower with ons...
onsemi and Sineng Electric Spearhead the Development of Sustainable Energy Applications
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced that Sineng Electric will integrate onsemi EliteSiC silicon carbide (Si...