QQQ   437.50 (+0.22%)
AAPL   181.12 (-0.02%)
MSFT   407.05 (-0.12%)
META   484.94 (+0.66%)
GOOGL   138.32 (+0.55%)
AMZN   174.30 (-0.25%)
TSLA   202.54 (+1.57%)
NVDA   788.25 (-0.34%)
NIO   5.78 (+2.30%)
AMD   177.60 (+0.90%)
BABA   77.72 (+1.58%)
T   16.63 (+0.18%)
F   12.00 (+0.42%)
MU   90.71 (+1.40%)
CGC   3.55 (+2.31%)
GE   153.85 (-0.59%)
DIS   108.24 (+0.52%)
AMC   4.64 (+4.27%)
PFE   26.99 (-0.70%)
PYPL   59.62 (+0.49%)
XOM   104.14 (-0.11%)
QQQ   437.50 (+0.22%)
AAPL   181.12 (-0.02%)
MSFT   407.05 (-0.12%)
META   484.94 (+0.66%)
GOOGL   138.32 (+0.55%)
AMZN   174.30 (-0.25%)
TSLA   202.54 (+1.57%)
NVDA   788.25 (-0.34%)
NIO   5.78 (+2.30%)
AMD   177.60 (+0.90%)
BABA   77.72 (+1.58%)
T   16.63 (+0.18%)
F   12.00 (+0.42%)
MU   90.71 (+1.40%)
CGC   3.55 (+2.31%)
GE   153.85 (-0.59%)
DIS   108.24 (+0.52%)
AMC   4.64 (+4.27%)
PFE   26.99 (-0.70%)
PYPL   59.62 (+0.49%)
XOM   104.14 (-0.11%)
QQQ   437.50 (+0.22%)
AAPL   181.12 (-0.02%)
MSFT   407.05 (-0.12%)
META   484.94 (+0.66%)
GOOGL   138.32 (+0.55%)
AMZN   174.30 (-0.25%)
TSLA   202.54 (+1.57%)
NVDA   788.25 (-0.34%)
NIO   5.78 (+2.30%)
AMD   177.60 (+0.90%)
BABA   77.72 (+1.58%)
T   16.63 (+0.18%)
F   12.00 (+0.42%)
MU   90.71 (+1.40%)
CGC   3.55 (+2.31%)
GE   153.85 (-0.59%)
DIS   108.24 (+0.52%)
AMC   4.64 (+4.27%)
PFE   26.99 (-0.70%)
PYPL   59.62 (+0.49%)
XOM   104.14 (-0.11%)
QQQ   437.50 (+0.22%)
AAPL   181.12 (-0.02%)
MSFT   407.05 (-0.12%)
META   484.94 (+0.66%)
GOOGL   138.32 (+0.55%)
AMZN   174.30 (-0.25%)
TSLA   202.54 (+1.57%)
NVDA   788.25 (-0.34%)
NIO   5.78 (+2.30%)
AMD   177.60 (+0.90%)
BABA   77.72 (+1.58%)
T   16.63 (+0.18%)
F   12.00 (+0.42%)
MU   90.71 (+1.40%)
CGC   3.55 (+2.31%)
GE   153.85 (-0.59%)
DIS   108.24 (+0.52%)
AMC   4.64 (+4.27%)
PFE   26.99 (-0.70%)
PYPL   59.62 (+0.49%)
XOM   104.14 (-0.11%)
NASDAQ:ON

Onsemi (ON) Stock Price, News & Analysis

$79.64
+2.07 (+2.67%)
(As of 10:52 AM ET)
Today's Range
$78.30
$79.81
50-Day Range
$70.19
$85.47
52-Week Range
$61.47
$111.35
Volume
1.04 million shs
Average Volume
8.04 million shs
Market Capitalization
$34.30 billion
P/E Ratio
16.29
Dividend Yield
N/A
Price Target
$98.92

Onsemi MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
27.5% Upside
$98.92 Price Target
Short Interest
Healthy
4.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.10
Upright™ Environmental Score
News Sentiment
0.86mentions of Onsemi in the last 14 days
Based on 42 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
18.41%
From $4.40 to $5.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.97 out of 5 stars

Computer And Technology Sector

4th out of 582 stocks

Semiconductors & Related Devices Industry

2nd out of 88 stocks


ON stock logo

About Onsemi Stock (NASDAQ:ON)

ON Semiconductor Corporation is a global leader in the semiconductor industry, providing a comprehensive range of semiconductor solutions, including power and signal management, logic, discrete and custom devices, and sensor technologies. Headquartered in Phoenix, Arizona, the company operates in a highly competitive industry, serving customers across various industries, including automotive, industrial, communication, computing, consumer, and medical. In 2021 ON Semiconductor was ranked on the Fortune 500 list of the top 500 companies. 

ON Semiconductor has a diverse and experienced executive team composed of leaders with extensive finance, operations, and engineering backgrounds. Together, they bring a wealth of experience to the table, enabling the company to stay ahead of the curve and provide innovative solutions to its customers. The company's management team is led by Chief Executive Officer Hassane El-Khoury, who was appointed to the position of President and CEO in December 2020. Before joining the team at ON Semiconductor El-Khoury was the CEO of Cypress Semiconductor, which was sold to Infineon in Q1 of 2020. Other notable team members include Thad Trent, the Chief Financial Officer, and Felicity Carson, the Chief Marketing Officer. 

In recent years, ON Semiconductor has shown consistently positive financial performance. The company has reported steady revenue growth over the past three years, with annual revenue and net profit rising yearly. Furthermore, ON Semiconductor has maintained a conservative balance sheet, with total debt significantly lower than total assets. This financial stability has enabled the company to invest in research and development, expand its operations, and pursue strategic acquisitions. ON Semiconductor trades at a price-to-earnings ratio that aligns with its industry peers. The company's stock has performed well in recent years, with a five-year return of 85% and a ten-year return of 144%. Recently the stock has seen significant growth, driven by the company's strong financial performance and the acquisition of GT Advanced Technologies.

In 2022, ON Semiconductor completed the acquisition of GT Advanced Technologies, a leader in silicon carbide materials and technology. This acquisition positions the company to capitalize on the growing demand for silicon carbide materials in high-power, high-efficiency applications.

However, the semiconductor industry is highly competitive, and ON Semiconductor faces intense competition from established players and new entrants. The industry is also subject to technological advancements and regulatory changes that can significantly impact the company's operations. Additionally, the company's end markets are subject to economic and political factors that can affect product demand.

Despite these challenges, ON Semiconductor has several growth opportunities in the coming years. The company is investing in new products and technologies, such as wireless charging and advanced imaging sensors, with significant growth potential. Furthermore, the company is expanding in emerging markets, particularly in Asia, where it has seen strong product demand.

In addition to pursuing organic growth, ON Semiconductor is also open to pursuing strategic acquisitions that can help it expand its product portfolio and market reach. The company has a proven track record of successful investments, and it continues to explore potential opportunities in the market.

In terms of the broader industry, the semiconductor industry is expected to continue growing in the coming years, driven by various factors, including the increasing adoption of technology across multiple end markets, such as automotive, industrial, and communication. The industry also benefits from the growing demand for electronic devices like smartphones, tablets, and wearables.

However, the semiconductor industry has challenges. One of the industry's main challenges is the global shortage of semiconductor chips, which has impacted various industries, including automotive, consumer electronics, and medical devices. This shortage has been caused by a combination of factors, including the COVID-19 pandemic, geopolitical tensions, and supply chain disruptions. As a result, semiconductor companies have been investing heavily in capacity expansion and increasing their supply chain resilience.

In addition to the chip shortage, the semiconductor industry is subject to regulatory and political issues. For example, the industry faces increased regulatory scrutiny, particularly in data privacy and security. Moreover, geopolitical tensions, particularly between the US and China, have resulted in trade tensions and the imposition of tariffs, which can impact the industry's global supply chains.

Despite these challenges, ON Semiconductor is well-positioned to capitalize on the industry's growth opportunities and navigate its risks. The company strongly focuses on innovation, invests heavily in research and development, and is well-diversified across various end markets, mitigating its exposure to any one industry. Additionally, the company has a proven track record of successfully navigating industry challenges and capitalizing on emerging trends.

ON Stock Price History

ON Stock News Headlines

Stock ideas from the 2024 Microcap Conference (ON)
Explore micro-cap investment insights from the 2024 Microcap Conference—unveiling sustainable solutions, renewable energy, and growth in homebuilding.
Federal Reserve minutes: Officials worried that progress on inflation could stall in coming months
Federal Reserve officials acknowledged at their most recent meeting in January that there had been “significant progress” in reducing inflation
Energy Storage Trend Ignites Frenzy Over Vanadium Supply
As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
Retail sales fall 0.8% in January after a burst of spending over the holiday season
Retail sales fall 0.8% in January after a burst of spending over the holiday season
TikTok prepares to combat misinfo, AI fakes and influence ops ahead of European Union election
TikTok is taking measures to combat misinformation about the upcoming European Union elections including setting up fact-checking hubs inside the app
UK inflation holds steady at 4% in January as lower food prices help offset higher energy costs
Inflation in the U.K. held steady at 4% in January as lower food prices helped offset an increase in energy costs
5 top office REITs to buy now (ON)
Office REITs own and manage office space and lease it to various tenants. Learn more about investing in office REITs and the top office REITs to buy.
US consumer inflation slows but remains elevated in sign that price pressures are easing only gradually
US consumer inflation slows but remains elevated in sign that price pressures are easing only gradually
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Dartmouth men's basketball team will hold union vote on March 5
The Dartmouth men’s basketball team has scheduled a March 5 election to determine whether the players will unionize
FCC outlaws AI-generated voices in robocalls as concerns grow about their ability to deceive voters
FCC outlaws AI-generated voices in robocalls as concerns grow about their ability to deceive voters
Biden administration names a director of the new AI Safety Institute
The Biden administration is making plans to name a top White House aide as the director of the newly established safety institute for artificial intelligence
Agiliti to Be Taken Private by THL Partners
Financial Analysis: Onsemi (NASDAQ:ON) vs. Semtech (NASDAQ:SMTC)
See More Headlines
Receive ON Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Onsemi and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/05/2024
Today
2/27/2024
Next Earnings (Estimated)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Employees
30,100
Year Founded
1999

Price Target and Rating

Average Stock Price Target
$98.92
High Stock Price Target
$135.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+27.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
24 Analysts

Profitability

Net Income
$2.18 billion
Pretax Margin
30.73%

Debt

Sales & Book Value

Annual Sales
$8.25 billion
Cash Flow
$6.80 per share
Book Value
$18.11 per share

Miscellaneous

Free Float
429,535,000
Market Cap
$33.41 billion
Optionable
Optionable
Beta
1.81

Social Links

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for March 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Should I Buy Onsemi Stock? ON Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Onsemi was last updated on Tuesday, February 20, 2024 at 10:11 PM.














ON Stock Analysis - Frequently Asked Questions

Should I buy or sell Onsemi stock right now?

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Onsemi in the last year. There are currently 11 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ON shares.
View ON analyst ratings
or view top-rated stocks.

What is Onsemi's stock price target for 2024?

24 brokerages have issued twelve-month price objectives for Onsemi's shares. Their ON share price targets range from $60.00 to $135.00. On average, they expect the company's stock price to reach $98.92 in the next twelve months. This suggests a possible upside of 27.5% from the stock's current price.
View analysts price targets for ON
or view top-rated stocks among Wall Street analysts.

How have ON shares performed in 2024?

Onsemi's stock was trading at $83.53 at the start of the year. Since then, ON stock has decreased by 7.1% and is now trading at $77.57.
View the best growth stocks for 2024 here
.

Are investors shorting Onsemi?

Onsemi saw a decline in short interest during the month of January. As of January 31st, there was short interest totaling 19,430,000 shares, a decline of 17.8% from the January 15th total of 23,630,000 shares. Based on an average trading volume of 7,330,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 4.6% of the company's stock are short sold.
View Onsemi's Short Interest
.

When is Onsemi's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our ON earnings forecast
.

How were Onsemi's earnings last quarter?

Onsemi (NASDAQ:ON) released its earnings results on Monday, February, 5th. The semiconductor company reported $1.25 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.04. The semiconductor company earned $2.02 billion during the quarter, compared to the consensus estimate of $2 billion. Onsemi had a net margin of 26.46% and a trailing twelve-month return on equity of 31.36%. Onsemi's revenue for the quarter was down 4.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.32 EPS.

How will Onsemi's stock buyback program work?

Onsemi announced that its board has initiated a stock buyback program on Monday, February 6th 2023, which permits the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 8.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

What guidance has Onsemi issued on next quarter's earnings?

Onsemi issued an update on its first quarter 2024 earnings guidance on Monday, February, 5th. The company provided earnings per share (EPS) guidance of 0.980-1.100 for the period, compared to the consensus EPS estimate of 1.100. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion.

What other stocks do shareholders of Onsemi own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Onsemi investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Cisco Systems (CSCO), Alibaba Group (BABA), QUALCOMM (QCOM), Marvell Technology (MRVL), AT&T (T) and Bank of America (BAC).

Who are Onsemi's major shareholders?

Onsemi's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.69%), Capital World Investors (1.94%), Artisan Partners Limited Partnership (1.72%), Voya Investment Management LLC (1.45%), Norges Bank (1.16%) and Capital International Investors (0.94%). Insiders that own company stock include Bernard Raymond Colpitts Jr, Christine Y Yan, Emmanuel T Hernandez, George H Cave, George H Cave, Gregory L Waters, Hassane El-Khoury, Paul Anthony Mascarenas, Paul E Rolls, Simon Keeton and Vince Craig Hopkin.
View institutional ownership trends
.

How do I buy shares of Onsemi?

Shares of ON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Onsemi have any subsidiaries?
The following companies are subsidiares of Onsemi: AMI Semiconductor Canada Company, AMIS Foreign Holdings Inc., AXSEM AG, Aptina, Aptina (Mauritius) Limited, Aptina Holdings (Cayman) Inc., Aptina Imaging Corporation, Aptina India Private Limited, Aptina LLC, Aptina Pte. Ltd., Bestcyber Developments Limited, California Micro Devices, Fairchild (Taiwan) Corporation, Fairchild Energy LLC, Fairchild Semiconductor, Fairchild Semiconductor (Malaysia) Sdn. Bhd., Fairchild Semiconductor (Netherlands) B.V., Fairchild Semiconductor (Suzhou) Co. Ltd., Fairchild Semiconductor Corporation, Fairchild Semiconductor Corporation of California, Fairchild Semiconductor GmbH, Fairchild Semiconductor Hong Kong (Holdings) Limited, Fairchild Semiconductor Hong Kong Limited, Fairchild Semiconductor International Inc., Fairchild Semiconductor Mauritius (Trading) Ltd., Fairchild Semiconductor Mauritius Ltd., Fairchild Semiconductor Pte. Ltd., Fairchild Semiconductor Technology (Beijing) Co. Ltd., Fairchild Semiconductor Technology (Shanghai) Co. Ltd., Giant Holdings Inc., Giant Semiconductor Corporation, Leshan-Phoenix Semiconductor Company Limited, Micro-Ohm Corporation, New Conversion Co. Ltd., ON Design Czech s.r.o., ON Design Israel Ltd., ON Electronics Private Limited, ON Management Ltd., ON Semiconductor (Shenzhen) Limited, ON Semiconductor (Thailand) Co. Ltd., ON Semiconductor Adria d.o.o., ON Semiconductor Aizu Co. Ltd., ON Semiconductor Belgium BVBA, ON Semiconductor Benelux B.V., ON Semiconductor Binh Duong Company Limited, ON Semiconductor Canada Holding Corporation, ON Semiconductor Canada Trading Corporation, ON Semiconductor Cebu Philippines Inc., ON Semiconductor Connectivity Solutions Inc., ON Semiconductor Coöperatief U.A., ON Semiconductor Czech Republic s.r.o., ON Semiconductor France SAS, ON Semiconductor Germany GmbH, ON Semiconductor Holdings Malaysia Sdn. Bhd., ON Semiconductor Holland B.V., ON Semiconductor Ireland Research and Design Limited, ON Semiconductor Italy S.r.l., ON Semiconductor Japan Holdings Ltd., ON Semiconductor Japan Ltd., ON Semiconductor Kanto Co. Ltd., ON Semiconductor Korea Ltd., ON Semiconductor LLC, ON Semiconductor Leasing BVBA, ON Semiconductor Limited, ON Semiconductor Malaysia Sdn. Bhd., ON Semiconductor Netherlands BV, ON Semiconductor Netherlands Coöperatief U.A., ON Semiconductor Niigata Co. Ltd., ON Semiconductor Philippines Inc., ON Semiconductor Romania SRL, ON Semiconductor SAS, ON Semiconductor SSMP Philippines Corporation, ON Semiconductor Shenzhen China (ONSC) Limited, ON Semiconductor Slovakia a.s., ON Semiconductor Switzerland SA, ON Semiconductor Technology Hong Kong Limited, ON Semiconductor Technology India Private Ltd., ON Semiconductor Technology Korea Limited, ON Semiconductor Trading (Shanghai) Limited, ON Semiconductor Trading Sàrl, ON Semiconductor United Kingdom Limited, ON Semiconductor Vietnam Company Limited, ON Semiconductor s.r.l., PulseCore Semiconductor, Quantenna Communications, Quantenna Communications (Shanghai) Co. Ltd., Quantenna Communications (Wuxi) Co. Ltd., Quantenna Communications Australia Pty. Ltd., Quantenna Communications B.V., Quantenna Communications Hong Kong Limited, Quantenna Communications International Pte Ltd, Quantenna Communications Limited Liability Company, Quantenna Communications Spain SL, Quantenna France SARL, Quantenna Ltd., ROCTOV LLC, SANYO LSI Technology India Private Limited, SANYO Semiconductor, SANYO Semiconductor (S) Pte. Ltd., SCG Czech Design Center s.r.o., SCG Hong Kong SAR Limited, SCG Korea Limited, Semiconductor Components Industries LLC, Semiconductor Components Industries Singapore Pte Ltd, SensL Inc, SensL Technologies Limited, Silicon Patent Holdings, Sound Design Technologies, Sound Design Technologies Ltd., System Solutions Distribution Co. Ltd., TranSiC AB, and Truesense Imaging.
Read More
This page (NASDAQ:ON) was last updated on 2/27/2024 by MarketBeat.com Staff