ON Semiconductor (ON-Q)
NASDAQ:ON
45.30
0.38
(0.83%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 3 opinions in the last 12 months.
ON Semiconductor has experienced significant volatility recently, as evidenced by it being the 4th-biggest loser on the S&P in January, plummeting 17% due to negative outlook reports from Texas Instruments about the automotive and industrial markets. However, the company rebounded strongly after beating earnings expectations, experiencing an 11% rally following a positive forecast from its CEO. The company is positioned well in the auto, industrial, edge AI, and AI infrastructure sectors, and analysts have set an optimistic 12-month price target of $82, with current entry points suggested at $71, $67, and $64. Despite no dividend yield, the stock holds a promising outlook backed by analysts' target of $83.88, reflecting considerable confidence in its future performance.
It beat earnings today and rallied 11%. The CEO issued a sunny forecast.
In auto, industrial, edge AI, and AI infrastructure. 12-month price target of $82. Leg in today at $71, $67, and $64. No yield.
(Analysts’ price target is $83.88)Not every semis stock has rallied. Some have lagged due top their end markets. ON serves cars, solar energy and EVs, which went out of style. But investors bet that these end markets could bottom soon. ON management issued conservative guidance recently.
ON provides sensing and power solutions to the semi-conductor market and has had strong growth for the last two years but this growth looks to be flipping to modest declines on the top-line for 2023 and 2024. Fundamentally, the company looks quite strong and the valuation at 17.8X forward earnings looks fine as well. We wouldn't have a problem with ON but note it might require a bit of patience in the medium term until investors see growth start to reaccelerate.
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It reported good numbers, but offered weak guidance. That's been happening with some companies lately. A good company, but shares got killed today, its worst day since March 2020.
They reported great numbers, but a lot of their business is tired to the industrial sector which many predict will weaken if the economy weakens.
They sell chips to the carmakers and many fears an auto strike. He thinks ON is worth the risk, though. Is down 14% this month.
Solid company that is good for long term investors.
Well positioned for increased use of semi-conductors in auto industry.
Very good management team.
Does not own shares but will continue to watch.
He loves it when a stock has done next to nothing for a long time, and then breaks out. From 2013-2015, the stock went sideways and then broke out a little, and fell back into its old habit. In late 2016, it did the real McCoy and broke out, did a couple of tests, and once the 2nd test was done it took off. A great looking chart.
This is right in the centre of the semiconductor theme. They have an international group of clients and lots of international revenues. It is growing quite nicely. Revenues, over the last 3 years, have grown from about $700 million to about $1.3 billion.
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ON Semiconductor(ON-Q) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 3
ON Semiconductor(ON-Q) Frequently Asked Questions
What is ON Semiconductor stock symbol?
ON Semiconductor is a American stock, trading under the symbol ON-Q on the NASDAQ (ON). It is usually referred to as NASDAQ:ON or ON-Q
Is ON Semiconductor a buy or a sell?
In the last year, 3 stock analysts published opinions about ON-Q. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ON Semiconductor.
Is ON Semiconductor a good investment or a top pick?
ON Semiconductor was recommended as a Top Pick by on . Read the latest stock experts ratings for ON Semiconductor.
Why is ON Semiconductor stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is ON Semiconductor worth watching?
3 stock analysts on Stockchase covered ON Semiconductor In the last year. It is a trending stock that is worth watching.
What is ON Semiconductor stock price?
On 2025-03-25, ON Semiconductor (ON-Q) stock closed at a price of $45.3.
Down 17% last month. It got hit after Texas Instruments reported last Monday, giving a dour outlook for the car and industrial end markets.