Based on ratings from 21 stock analysts, the ON Semiconductor Corp stock price is expected to increase by 20.9% in 12 months. This is calculated by using the average 12-month stock price forecast for ON Semiconductor Corp. The lowest target is $60 and the highest is $106. Please note analyst price targets are not guaranteed and could be missed completely.
About 21 Wall Street analysts have assigned ON 14 buy ratings, 6 hold ratings, and 1 sell ratings. This means that analysts expect ON Semiconductor Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ON. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ON.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Vivek Arya B of A Securities | Buy | $90 | Maintains | Jul 30, 2024 |
Kevin Cassidy Rosenblatt | Neutral | $75 | Maintains | Jul 30, 2024 |
David Williams Benchmark | Buy | $90 | Maintains | Jul 30, 2024 |
Harlan Sur JP Morgan | Neutral | $88 | Maintains | Jul 30, 2024 |
Ross Seymore Deutsche Bank | Buy | $90 | Maintains | Jul 30, 2024 |
William Stein Truist Securities | Buy | $97 | Maintains | Jul 30, 2024 |
Suji Desilva Roth MKM | Buy | $100 | Maintains | Jul 30, 2024 |
Christopher Rolland Susquehanna | Positive | $95 | Maintains | Jul 17, 2024 |
Christopher Danely Citigroup | Neutral | $77 | Downgrade | Jul 15, 2024 |
Joseph Moore Morgan Stanley | Underweight | $65 | Downgrade | Jul 11, 2024 |
John Vinh Keybanc | Overweight | $85 | Maintains | Jul 9, 2024 |
Quinn Bolton Needham | Buy | $92 | Reiterates | Jun 13, 2024 |
Blayne Curtis Jefferies | Buy | $100 | Assumes | May 13, 2024 |
Christopher Rolland Susquehanna | Positive | $85 | Maintains | Apr 30, 2024 |
Quinn Bolton Needham | Buy | $92 | Reiterates | Apr 30, 2024 |
John Vinh Keybanc | Overweight | $90 | Maintains | Apr 30, 2024 |
William Stein Truist Securities | Buy | $85 | Maintains | Apr 30, 2024 |
David Williams Benchmark | Buy | $80 | Maintains | Apr 30, 2024 |
Joshua Buchalter TD Cowen | Buy | $85 | Maintains | Apr 30, 2024 |
Craig Ellis B. Riley Securities | Buy | $103 | Reiterates | Apr 30, 2024 |
When did it IPO
2000
Staff Count
30,000
Country
United States
Sector/Industry
Technology/Semiconductors
CEO
Mr. Hassane S. El-Khoury
Market Cap
$30.64B
In 2023, ON generated $8.25B in revenue, which was a decrease of -0.88% from the previous year. This can be seen as a signal that ON's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Chip stocks have declined following news from China, as reported by CNBC's Seema Mody on 'Squawk on the Street.'
Why It Matters - Chip stocks declining signals potential supply chain issues or geopolitical tensions, impacting revenue forecasts and market sentiment, which can affect investment strategies in the tech sector.
Summary - ON Semiconductor Corp. (ON) is gaining attention from Zacks.com users, indicating increased interest and potential future movement in the stock.
Why It Matters - Increased attention from Zacks.com users suggests heightened investor interest, potentially influencing ON Semiconductor's stock performance and market sentiment.
Summary - Onsemi (NASDAQ: ON) shares are down 12% in 2024, underperforming its industry.
Why It Matters - Onsemi's 12% decline in share price indicates potential challenges in performance and competitiveness, prompting investors to reassess their positions and outlook for the semiconductor sector.
Summary - ON Semiconductor Corp. (ON) closed at $69.74, up 0.24% from the previous day.
Why It Matters - The slight increase in ON Semiconductor's stock price could indicate positive market sentiment, potentially attracting more investors and impacting future trading volumes.
Summary - Long-term growth in electric vehicles and industrial automation remains strong, with current slowdown attributed to temporary factors likely to improve with lower interest rates and stronger economic growth.
Why It Matters - Positive long-term growth outlook for electric vehicles and industrial automation suggests resilience, indicating potential investment opportunities as temporary slowdowns ease.
Summary - ON Semiconductor Corp. (ON) closed at $70.37, down 1.88% in the latest trading session.
Why It Matters - A -1.88% drop in ON Semiconductor's share price may indicate market volatility or investor concerns, potentially influencing future trading decisions and sentiment toward the stock.