Loop Capital initiated coverage on ON Semiconductor with a new price target
$ON
Semiconductors
Technology
Loop Capital initiated coverage of ON Semiconductor with a rating of Buy and set a new price target of $95.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/12/2024 | $95.00 | Buy | Loop Capital |
| 7/30/2024 | $85.00 → $90.00 | Buy | TD Cowen |
| 7/15/2024 | $85.00 → $77.00 | Buy → Neutral | Citigroup |
| 7/11/2024 | $70.00 → $65.00 | Equal-Weight → Underweight | Morgan Stanley |
| 5/13/2024 | $95.00 → $100.00 | Buy | Jefferies |
| 4/30/2024 | $90.00 → $85.00 | Buy | TD Cowen |
| 4/19/2024 | $55.00 | Neutral → Underperform | Exane BNP Paribas |
| 4/16/2024 | $104.00 | Outperform | Evercore ISI |
SC 13G/A - ON SEMICONDUCTOR CORP (0001097864) (Subject)
SC 13G/A - ON SEMICONDUCTOR CORP (0001097864) (Subject)
SC 13G/A - ON SEMICONDUCTOR CORP (0001097864) (Subject)
4 - ON SEMICONDUCTOR CORP (0001097864) (Issuer)
4 - ON SEMICONDUCTOR CORP (0001097864) (Issuer)
4 - ON SEMICONDUCTOR CORP (0001097864) (Issuer)
Loop Capital initiated coverage of ON Semiconductor with a rating of Buy and set a new price target of $95.00
TD Cowen reiterated coverage of ON Semiconductor with a rating of Buy and set a new price target of $90.00 from $85.00 previously
Citigroup downgraded ON Semiconductor from Buy to Neutral and set a new price target of $77.00 from $85.00 previously
10-Q - ON SEMICONDUCTOR CORP (0001097864) (Filer)
8-K - ON SEMICONDUCTOR CORP (0001097864) (Filer)
8-K - ON SEMICONDUCTOR CORP (0001097864) (Filer)
Revenue and earnings exceed expectations with free cash flow increasing 41% sequentially onsemi (the "Company") (NASDAQ:ON) today announced results for the third quarter of 2024 with the following highlights: Revenue of $1,761.9 million GAAP gross margin and non-GAAP gross margin of 45.4% and 45.5%, respectively GAAP operating margin and non-GAAP operating margin of 25.3% and 28.2%, respectively GAAP diluted earnings per share and non-GAAP diluted earnings per share of $0.93 and $0.99, respectively Returned 75% of free cash flow over the last 12 months to shareholders through stock repurchases "With third-quarter results above expectations, we remain focused on delivering consi
onsemi (NASDAQ:ON) plans to announce its financial results for the third quarter, which ended September 27, 2024, before the market opens on Monday, October 28, 2024. The company will host a conference call at 9 a.m. Eastern Time (ET) on October 28, 2024, following the release of its financial results. Investors and interested parties can access the conference call in the following manners: Webcast: A live webcast of the conference call will be available via the "Investor Relations" section of the company's website at http://www.onsemi.com. The re-broadcast of the call will be available at this site approximately one hour following the live broadcast and will remain available for 30 days
Free cash flow increase of ~$250 million year over year onsemi (the "Company") (NASDAQ:ON) today announced results for the second quarter of 2024 with the following highlights: Revenue of $1,735.2 million GAAP gross margin and non-GAAP gross margin of 45.2% and 45.3%, respectively GAAP operating margin and non-GAAP operating margin of 22.4% and 27.5%, respectively GAAP diluted earnings per share and non-GAAP diluted earnings per share of $0.78 and $0.96, respectively Returned ~$650 million of free cash flow over last twelve months to shareholders through stock repurchases "We remain dedicated to driving growth through market share gains, doubling down on investments in s
Deep-pocketed investors have adopted a bearish approach towards ON Semiconductor (NASDAQ:ON), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ON usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for ON Semiconductor. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 37% leaning bullish and 62% bearish. Among these notable op
ON Semiconductor (NASDAQ:ON) has outperformed the market over the past 10 years by 13.14% on an annualized basis producing an average annual return of 24.07%. Currently, ON Semiconductor has a market capitalization of $32.32 billion. Buying $100 In ON: If an investor had bought $100 of ON stock 10 years ago, it would be worth $853.24 today based on a price of $75.13 for ON at the time of writing. ON Semiconductor's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated conten
The Treo Platform features a modular architecture to accelerate development of intelligent power management, sensor interface and communications solutions NEWS HIGHLIGHTS The Treo Platform is built on BCD process technology on a 65nm node and supports the industry's widest voltage range of 1-90V and operating temperatures up to 175° C The Platform will allow customers to simplify their design processes, reduce system costs and achieve faster time-to-market for their solutions in automotive, medical, industrial, and AI data centers Multiple product families built on the Treo Platform are already sampling including voltage translators, ultra-low-power AFEs, LDOs, ultrasonic sensors, mu
Ensures domestic source of onsemi's industry-leading intelligent power and sensing solutions onsemi (Nasdaq: ON) announced today its wafer fab in East Fishkill (EFK), New York, has been accredited by the Defense Microelectronics Activity (DMEA) of the U.S. Department of Defense (DoD) as a Category 1A Trusted Supplier. The accreditation enables onsemi to manufacture secure advanced semiconductors for a variety of critical aerospace and defense applications at the site. onsemi's East Fishkill fab is the only 300 mm power discrete and image sensor fab in the U.S. and the company's second accredited fab in addition to its Gresham, Oregon site. "Power and sensing technologies are vital in mode
Revenue and earnings exceed expectations with free cash flow increasing 41% sequentially onsemi (the "Company") (NASDAQ:ON) today announced results for the third quarter of 2024 with the following highlights: Revenue of $1,761.9 million GAAP gross margin and non-GAAP gross margin of 45.4% and 45.5%, respectively GAAP operating margin and non-GAAP operating margin of 25.3% and 28.2%, respectively GAAP diluted earnings per share and non-GAAP diluted earnings per share of $0.93 and $0.99, respectively Returned 75% of free cash flow over the last 12 months to shareholders through stock repurchases "With third-quarter results above expectations, we remain focused on delivering consi
onsemi (Nasdaq: ON) today announced that Christina Lampe-Önnerud was appointed to its board of directors, effective September 1, 2023. Lampe-Önnerud is a highly regarded founder and business leader, having served as chief executive officer of two separate companies, and is also considered an expert in the energy storage space. Among her unique global experience, she has been active in multiple domestic and international government delegations as an authority on energy technologies. As a two-time World Economic Forum (WEF) Technology Pioneer, who has served as co-chairman of the WEF Global Future Council on Energy, she continues to be engaged in multiple initiatives throughout the United S
FREMONT, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), an advanced silicon battery company, today announced the appointment of Joseph Malchow, founding partner at HNVR Technology Investment Management and board member at Enphase Energy, Inc., and Bernard Gutmann, a 40-year semiconductor industry veteran and former CFO at On Semiconductor, to its Board of Directors (the "Board") effective June 22, 2023. These appointments expand the Board to eight directors, six of whom are independent. "I am committed to the operational success of Enovix and the addition of Joe and Bernard enhances our Board's skillset and demonstrates our commitment to drive long-
PHOENIX--(BUSINESS WIRE)--ON Semiconductor Corporation (Nasdaq: ON ), driving energy-efficient innovations, today announced that Gregory L. Waters and Bruce E. Kiddoo were appointed to its Board of Directors, effective as of December 17, 2020. Emmanuel T. Hernandez has decided to retire after 18 years on the Board. “We are thrilled to welcome both Greg and Bruce as our newest members to our Board,” said Alan Campbell, Chairman of ON Semiconductor’s Board of Directors. “Both Greg and Bruce are seasoned executives within the industry and will bring fresh insights to our technology, business and financial priorities as we continue our transformation at ON. I would also like to thank