Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
2/6/2024 | $80.00 → $90.00 | Outperform | TD Cowen |
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
onsemi (NASDAQ:ON) plans to announce its financial results for the second quarter, which ended June 28, 2024, before the market opens on Monday, July 29, 2024. The company will host a conference call at 9 a.m. Eastern Time (ET) on July 29, 2024, following the release of its financial results. Investors and interested parties can access the conference call in the following manner: 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. Tel
Strategic addition will expand depth perception and 3D imaging capabilities for next-generation imaging systems As part of onsemi's continuous drive to provide the most robust, cutting-edge technologies for intelligent image sensing, the company announced today it has completed the acquisition of SWIR Vision Systems®. SWIR Vision Systems is a leading provider of CQD® (colloidal quantum-dot-based) short wavelength infrared (SWIR) technology – a technology that extends the detectable light spectrum to see through objects and capture images that were not previously possible. The integration of this patented technology within onsemi's industry-leading CMOS sensors will significantly enhance t
4 - ON SEMICONDUCTOR CORP (0001097864) (Issuer)
4 - ON SEMICONDUCTOR CORP (0001097864) (Issuer)
4 - ON SEMICONDUCTOR CORP (0001097864) (Issuer)
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
10-Q - ON SEMICONDUCTOR CORP (0001097864) (Filer)
8-K - ON SEMICONDUCTOR CORP (0001097864) (Filer)
8-K - ON SEMICONDUCTOR CORP (0001097864) (Filer)
SC 13G/A - ON SEMICONDUCTOR CORP (0001097864) (Subject)
SC 13G/A - ON SEMICONDUCTOR CORP (0001097864) (Subject)
SC 13G/A - ON SEMICONDUCTOR CORP (0001097864) (Subject)
PHILADELPHIA, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Keiretsu Forum Mid-Atlantic, South-East, and Texas regions proudly announce the latest liquidity event for investor members. SWIR Vision Systems, an early-stage company specializing in short-wave infrared (SWIR) technology, has been acquired by onsemi. The move was announced in early July by onsemi. This acquisition marks a significant milestone for Keiretsu Forum members and the investment community. SWIR Vision Systems joined the Keiretsu Forum portfolio after successfully completing a rigorous screening, presentation, and due diligence process. Keiretsu Forum members invested in SWIR during its Series A round of funding, alongside the A
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
Company will be primary provider of fully optimized power system solution based on onsemi's latest generation EliteSiC M3e platform NEWS HIGHLIGHTS onsemi and Volkswagen Group sign multi-year deal to supply solution for vehicle lineup across several brands onsemi will provide a full stack of silicon carbide technologies as part of an integrated module solution that can scale across all power platforms Volkswagen Group will benefit from onsemi's plans to expand manufacturing in Europe that would establish an end-to-end production facility for the traction inverter system onsemi (NASDAQ:ON) announced today it has signed a multi-year deal with Volkswagen Group to be the primary s
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
Morgan Stanley downgraded ON Semiconductor from Equal-Weight to Underweight and set a new price target of $65.00 from $70.00 previously
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