ON Semiconductor
About: Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.
Employees: 30,100
0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
25% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 5 (+1) [Q3]
10% more repeat investments, than reductions
Existing positions increased: 315 | Existing positions reduced: 286
1.18% more ownership
Funds ownership: 97.93% [Q2] → 99.11% (+1.18%) [Q3]
3% more capital invested
Capital invested by funds: $29.4B [Q2] → $30.2B (+$763M) [Q3]
10% less first-time investments, than exits
New positions opened: 95 | Existing positions closed: 105
1% less funds holding
Funds holding: 825 [Q2] → 815 (-10) [Q3]
10% less call options, than puts
Call options by funds: $4.73B | Put options by funds: $5.26B
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$64
3%
downside
Avg. target
$84
27%
upside
High target
$95
45%
upside
10 analyst ratings
7 positive
70%
2 neutral
20%
1 negative
10%
Wells Fargo Joe Quatrochi 33% 1-year accuracy 1 / 3 met price target | 29%upside $85 | Overweight Initiated | 22 Nov 2024 |
Needham Quinn Bolton 53% 1-year accuracy 52 / 98 met price target | 32%upside $87 | Buy Reiterated | 19 Nov 2024 |
Loop Capital Gary Mobley 67% 1-year accuracy 12 / 18 met price target | 45%upside $95 | Buy Initiated | 11 Nov 2024 |
Truist Securities William Stein 49% 1-year accuracy 17 / 35 met price target | 35%upside $89 | Buy Maintained | 29 Oct 2024 |
Rosenblatt Kevin Cassidy 53% 1-year accuracy 18 / 34 met price target | 14%upside $75 | Neutral Maintained | 29 Oct 2024 |
Financial journalist opinion
Based on 12 articles about ON published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Here is What to Know Beyond Why ON Semiconductor Corporation (ON) is a Trending Stock
Zacks.com users have recently been watching ON Semiconductor Corp. (ON) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Positive
MarketBeat
2 days ago
Beyond NVIDIA: Top 5 Semiconductor Stocks to Watch for 2025
NVIDIA NASDAQ: NVDA stock is heading higher in 2025 because of the persistent and unmet demand for its cutting-edge data center and AI technology. Analysts forecast another 42% upside at the high end of their range, and the actual stock price top may well be higher.
Neutral
GlobeNewsWire
2 days ago
DigiKey Debuts Supply Chain Transformed Season 3
THIEF RIVER FALLS, Minn., Dec. 03, 2024 (GLOBE NEWSWIRE) -- DigiKey , a leading global commerce distributor offering the largest selection of technical components and automation products in stock for immediate shipment, announced the release of Season 3 of the Supply Chain Transformed video series , sponsored by Omron Automation and onsemi.
Positive
Seeking Alpha
3 days ago
ON Semiconductor Q3: Remain Soft In Automotive And Industrial
I reiterate a “Strong Buy” rating for ON Semiconductor Corporation with a one-year target price of $120 per share, despite current market challenges. ON Semiconductor faces a downcycle with a 19.2% revenue decline and 37.3% drop in adjusted operating profits due to weak end-market demands. Long-term recovery is expected, driven by electrification trends and growth in the SiC market, with a forecasted 10% annual revenue growth from FY25 onwards.
Neutral
Seeking Alpha
2 weeks ago
ON Semiconductor Corporation (ON) onsemi Investor Webinar: Treo Platform Launch Transcript
ON Semiconductor Corporation (NASDAQ:ON ) onsemi Investor Webinar: Treo Platform Launch November 18, 2024 9:00 PM ET Company Participants Parag Agarwal - Vice President-Investor Relations & Corporate Development Thad Trent - Chief Financial Officer Sudhir Gopalswamy - President-AMG & ISG Conference Call Participants Ross Seymore - Deutsche Bank Gary Mobley - Loop Vivek Arya - Bank of America Securities Joshua Buchalter - TD Cowen Quinn Bolton - Needham & Company Christopher Rolland - Susquehanna Jeremy Kwan - Stifel Kevin Cassidy - Rosenblatt Securities William Stein - Truist Securities Operator Hello, and thank you for standing by. Welcome to onsemi Treo Platform Webcast and Conference Call.
Positive
Zacks Investment Research
2 weeks ago
ON Semiconductor Corporation (ON) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to ON Semiconductor Corp. (ON). This makes it worthwhile to examine what the stock has in store.
Positive
Zacks Investment Research
2 weeks ago
Can ON Semiconductor's Expanding Clientele Push the Stock Higher?
ON unveils the AI-Integrated EyeSight System to improve image clarity and overall vehicle safety.
Neutral
Business Wire
2 weeks ago
onsemi Hyperlux Sensors Selected for Subaru's Next-Generation AI-Integrated EyeSight System
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) announced today it will be the primary supplier of image sensors for Subaru's next-generation EyeSight stereo-camera front sensing system in future vehicle models. onsemi's advanced Hyperlux AR0823AT image sensor will serve as the “eyes” of the system, tailored to capture the critical visual data required to feed into Subaru's stereo-camera enabled artificial intelligence algorithm that will allow the car to make more accurate driving deci.
Positive
Zacks Investment Research
3 weeks ago
Can On Semiconductor's Expanding Treo Platform Push the Stock Higher?
ON's Treo Platform delivers advanced power and sensing solutions, boosting efficiency, accuracy, and performance across automotive, healthcare, and data centers.
Neutral
Business Wire
3 weeks ago
onsemi Introduces the Industry's Most Advanced Analog and Mixed-Signal Platform
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--What's New: Today, onsemi introduced the Treo Platform, an analog and mixed-signal platform built with Bipolar-CMOS-DMOS (BCD) process technology on an advanced 65nm node. This platform provides the foundation for a wide range of power and sensing solutions from onsemi including high-performance and low-power sensing, high-efficiency power management, and purpose-built communications devices. Using this single, scalable solution, customers can simplify and ac.
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