ON Semiconductor Corp

ON Semiconductor Corp Stock Forecast & Price Prediction

Live ON Semiconductor Corp Stock (ON) Price
$71.54

21

Ratings

  • Buy 14
  • Hold 6
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$71.54

P/E Ratio

16.30

Volume Traded Today

$4.8M

Dividend

Dividends not available for ON

52 Week High/low

95.59/59.34

ON Semiconductor Corp Market Cap

$30.64B

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ON Summary

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.

ON Analyst Ratings

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.

ON stock forecast by analyst

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

ON Company Information

What They Do: Provides intelligent sensing and power solutions.

Business Model: The company generates revenue through its three main segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. It offers a diverse range of semiconductor products, including analog, discrete, and integrated solutions, catering to various industries such as automotive, industrial, and mobile markets. Their focus on electrification for vehicles and sustainable energy applications positions them strategically in growing markets.

Other Information: Founded in 1992 and headquartered in Scottsdale, Arizona, ON Semiconductor is pivotal in advancing technologies that enhance energy efficiency and performance across multiple applications. Their innovative offerings include fast-charging systems and specialized devices for image stabilization, targeting a wide array of end-users.
ON
ON Semiconductor Corp (ON)

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

ON Semiconductor Corp (ON) Financial Data

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

$5.26B

Revenue From 2021

$6.74B

28.25 %
From Previous Year

Revenue From 2022

$8.33B

23.54 %
From Previous Year

Revenue From 2023

$8.25B

-0.88 %
From Previous Year
  • Revenue TTM $7.80B
  • Operating Margin TTM 26.6%
  • Gross profit TTM $3.88B
  • Return on assets TTM 11.1%
  • Return on equity TTM 25.2%
  • Profit Margin 24.8%
  • Book Value Per Share 19.48%
  • Market capitalisation $30.64B
  • Revenue for 2021 $6.74B
  • Revenue for 2022 $8.33B
  • Revenue for 2023 $8.25B
  • EPS this year (TTM) $4.39

ON Semiconductor Corp (ON) Latest News

News Image

Mon, 30 Sep 2024

Sentiment - NEGATIVE

Source - CNBC Television

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.

News Image

Thu, 26 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Mon, 23 Sep 2024

Sentiment - NEUTRAL

Source - MarketBeat

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.

News Image

Mon, 23 Sep 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

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.

News Image

Sat, 21 Sep 2024

Sentiment - POSITIVE

Source - The Motley Fool

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.

News Image

Mon, 16 Sep 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

...

ON Frequently asked questions

The highest forecasted price for ON is $106 from Toshiya Hari at Goldman Sachs.

The lowest forecasted price for ON is $60 from Chris Caso from Raymond James

The ON analyst ratings consensus are 14 buy ratings, 6 hold ratings, and 1 sell ratings.