ON Stock Recent News
ON LATEST HEADLINES
ON Semiconductor Corp. (ON) concluded the recent trading session at $52.44, signifying a +1.39% move from its prior day's close.
ON Semiconductor's recent market struggles mask its long-term potential, driven by its strategic moves in silicon carbide (SiC) and vertical integration. The company's acquisition of Qorvo's SiC JFET business and its self-sufficiency in SiC production provide a competitive edge amid supply chain uncertainties. Despite short-term volatility and inconsistent earnings, ON's focus on SiC technology and partnerships like Volkswagen signal strong growth potential in EV and industrial markets.
onsemi's fourth-quarter 2024 performance is likely to have suffered from a muted demand environment with ongoing inventory digestion and slow end demand, particularly in North America and Europe.
January 2025 was a bullish month for many Nasdaq-listed names. But that wasn't the case for all of them.
Get a deeper insight into the potential performance of ON Semiconductor Corp. (ON) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
In January, Seeking Alpha welcomed 29 new analysts. This article introduces them and showcases some of their top picks. Analysts highlighted include The Conservative Investor recommending Dassault Aviation, Christopher Gray on ASML Holding, and Inflexio Research on Bragg Gaming Group, all rated as Buys. Analysts' diverse backgrounds span sectors like technology, finance, and consumer staples, with investment strategies focusing on value, growth, and special situations.
ON Semiconductor Corp. (ON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The author recommends holding the SOXX ETF, which aims to provide exposure to the semiconductor companies segment. Chinese startup DeepSeek has launched its R1 model, which has outperformed competitors like ChatGPT, raising questions about America's leadership in AI and reducing the immediate appeal of semiconductor ETFs. Even with declines in semiconductor stocks, valuation multiples remain above the historical average, and semiconductor ETFs, such as SOXX, are considered risky in this scenario.
The latest trading day saw ON Semiconductor Corp. (ON) settling at $52.32, representing a -1.79% change from its previous close.
ON Semiconductor (onsemi) is a Buy due to its attractive valuation, strong long-term growth potential, and plans to return 50% of FCF to shareholders. The company focuses on power management and sensing technologies, serving automotive and industrial markets, which are less affected by AI chip demand fluctuations. Despite current cyclical downturns, onsemi's investments in capacity expansion are behind, setting the stage for significant free cash flow growth and share repurchases.