ON Semiconductor Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 07 2025
0mins
Should l Buy ON?
Source: Benzinga
Quarterly Earnings Expectations: ON Semiconductor is set to release its fourth-quarter financial results on February 10, with analysts predicting earnings of 97 cents per share and revenue of $1.76 billion, both down from the previous year.
Analyst Ratings Update: Recent analyst ratings for ON Semiconductor show a mix of maintained and lowered price targets, with Morgan Stanley and UBS reducing their targets significantly, while Goldman Sachs maintains a Buy rating despite cutting the target price.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ON?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ON
Wall Street analysts forecast ON stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ON is 61.25 USD with a low forecast of 50.00 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
9 Buy
10 Hold
0 Sell
Moderate Buy
Current: 65.200
Low
50.00
Averages
61.25
High
80.00
Current: 65.200
Low
50.00
Averages
61.25
High
80.00
About ON
ON Semiconductor Corporation operates under the onsemi brand. It provides intelligent power and intelligent sensing solutions. Its segments include the Power Solutions Group (PSG), the Analog & Mixed-Signal Group (AMG), and the Intelligent Sensing Group (ISG). PSG offers an array of discrete, module and integrated semiconductor products that perform multiple application functions, including power switching, signal conditioning, and circuit protection. AMG designs and develops analog, mixed-signal, Power Management ICs, Sensor Interface devices, Power Conversion, Signal Chain, and Voltage Regulation devices for a broad base of end-users in the automotive, industrial, computing and mobile end-markets. ISG designs and develops CMOS image sensors, image signal processors, single photon detectors, including SiPM, SPAD arrays and short-wavelength infrared products, as well as actuator drivers for autofocus and image stabilization for a broad base of end-users in the different end-markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
ON Semiconductor Set to Release Q4 Earnings on February 9th
- Earnings Announcement: ON Semiconductor is set to announce its Q4 2023 earnings on February 9th after market close, with consensus EPS estimate at $0.62, reflecting a 34.7% year-over-year decline, and revenue estimate at $1.54 billion, down 11% year-over-year.
- Historical Performance: Over the past two years, ON has beaten EPS estimates 75% of the time and revenue estimates 88% of the time, indicating a strong track record of performance amidst market fluctuations.
- Estimate Revisions: In the last three months, EPS estimates have seen 15 upward revisions and 8 downward revisions, while revenue estimates have experienced 20 upward revisions and 8 downward revisions, showcasing market uncertainty regarding future performance.
- Increased Market Attention: With stronger demand anticipated for analog chips, BNP Paribas has upgraded ON Semiconductor and its peers, reflecting growing confidence in a cyclical recovery within the semiconductor industry.
See More
ON Semiconductor in Focus Ahead of Earnings Report
- Earnings Expectations: ON Semiconductor is expected to report Q4 earnings per share of 62 cents and revenue of $1.54 billion, having beaten revenue estimates in three of the last four quarters, indicating strong market competitiveness.
- Recent Performance: In the latest report on November 3, ON posted earnings of 63 cents per share, surpassing the consensus estimate of 59 cents, with revenue of $1.55 billion exceeding the $1.51 billion estimate, reflecting robust operational performance.
- Technical Analysis: The stock is currently trading 4.9% above its 20-day simple moving average and 20.3% above its 100-day SMA, indicating a strong long-term trend, with shares up 38.61% over the past 12 months, nearing 52-week highs.
- Market Sentiment: While the relative strength index (RSI) at 62.58 indicates neutral momentum, the MACD below its signal line suggests potential bearish pressure, prompting investors to trade cautiously amid market fluctuations.
See More
U.S. Stock Futures Decline Amid Cautious Market Sentiment
- Market Sentiment Dips: Following a strong rebound on Friday, U.S. stock futures declined on Monday, reflecting cautious market sentiment amid concerns over upcoming economic data, particularly regarding inflation and labor market changes.
- Japanese Market Surge: The Nikkei 225 index broke the 57,000-point barrier for the first time, driven by Prime Minister Sanae Takaichi's landslide election victory and a high-profile endorsement from Trump, indicating a robust recovery in Japan that may attract more international investors.
- Stable Treasury Yields: The 10-year Treasury bond yield stood at 4.22%, while the two-year yield was at 3.50%, suggesting market expectations for the Federal Reserve's future interest rate policy are stabilizing, with an 84.2% likelihood of rates remaining unchanged in March.
- Stock Dynamics: FedEx shares rose 0.47% after announcing plans to acquire InPost for €7.8 billion, showcasing a proactive business expansion strategy, while ON Semiconductor fell 1.38% as analysts expect quarterly earnings to miss expectations.
See More
Movers: Hims & Hers, Novo Nordisk, Micron, Kroger, STMicroelectronics, Nvidia, and Others
- Stock Market Trends: Stock futures were declining on Monday as investors expressed concerns about the sustainability of a recent relief rally.
- Investor Sentiment: There is a prevailing uncertainty among investors regarding the market's ability to maintain upward momentum following last week's gains.
See More
U.S. Stock Futures Rise, Focus on Aecom and ON Semiconductor
- Aecom Earnings Forecast: Aecom (NYSE:ACM) is projected to report quarterly earnings of $1.17 per share on revenue of $3.61 billion, indicating stable growth in the infrastructure sector that may enhance investor confidence.
- Stock Performance: Aecom shares rose 2.4% to close at $101.03 on Friday, reflecting optimistic market sentiment ahead of its earnings report, which could attract more investor attention.
- ON Semiconductor Earnings Outlook: Analysts expect ON Semiconductor Corp. (NASDAQ:ON) to post quarterly earnings of 62 cents per share with revenue of $1.54 billion, suggesting ongoing demand and growth potential in the semiconductor market.
- Stock Movement: ON Semiconductor shares gained 0.1% in after-hours trading, closing at $65.23, indicating market anticipation for its earnings report, which may influence future investment decisions.
See More
Key Focus Areas This Week: Jobs, Consumer Prices, Coca-Cola, CVS, Ford, McDonald's, and More
- Market Performance: The Dow Jones Industrial Average rose by 2.5% and closed above 50,000 for the first time.
- Nasdaq Struggles: In contrast, the Nasdaq Composite ended the week down 1.8%, despite a strong rally on Friday.
See More
ON Semiconductor Set to Release Q4 Earnings on February 9th
- Earnings Announcement: ON Semiconductor is set to announce its Q4 2023 earnings on February 9th after market close, with consensus EPS estimate at $0.62, reflecting a 34.7% year-over-year decline, and revenue estimate at $1.54 billion, down 11% year-over-year.
- Historical Performance: Over the past two years, ON has beaten EPS estimates 75% of the time and revenue estimates 88% of the time, indicating a strong track record of performance amidst market fluctuations.
- Estimate Revisions: In the last three months, EPS estimates have seen 15 upward revisions and 8 downward revisions, while revenue estimates have experienced 20 upward revisions and 8 downward revisions, showcasing market uncertainty regarding future performance.
- Increased Market Attention: With stronger demand anticipated for analog chips, BNP Paribas has upgraded ON Semiconductor and its peers, reflecting growing confidence in a cyclical recovery within the semiconductor industry.
See More
ON Semiconductor in Focus Ahead of Earnings Report
- Earnings Expectations: ON Semiconductor is expected to report Q4 earnings per share of 62 cents and revenue of $1.54 billion, having beaten revenue estimates in three of the last four quarters, indicating strong market competitiveness.
- Recent Performance: In the latest report on November 3, ON posted earnings of 63 cents per share, surpassing the consensus estimate of 59 cents, with revenue of $1.55 billion exceeding the $1.51 billion estimate, reflecting robust operational performance.
- Technical Analysis: The stock is currently trading 4.9% above its 20-day simple moving average and 20.3% above its 100-day SMA, indicating a strong long-term trend, with shares up 38.61% over the past 12 months, nearing 52-week highs.
- Market Sentiment: While the relative strength index (RSI) at 62.58 indicates neutral momentum, the MACD below its signal line suggests potential bearish pressure, prompting investors to trade cautiously amid market fluctuations.
See More
U.S. Stock Futures Decline Amid Cautious Market Sentiment
- Market Sentiment Dips: Following a strong rebound on Friday, U.S. stock futures declined on Monday, reflecting cautious market sentiment amid concerns over upcoming economic data, particularly regarding inflation and labor market changes.
- Japanese Market Surge: The Nikkei 225 index broke the 57,000-point barrier for the first time, driven by Prime Minister Sanae Takaichi's landslide election victory and a high-profile endorsement from Trump, indicating a robust recovery in Japan that may attract more international investors.
- Stable Treasury Yields: The 10-year Treasury bond yield stood at 4.22%, while the two-year yield was at 3.50%, suggesting market expectations for the Federal Reserve's future interest rate policy are stabilizing, with an 84.2% likelihood of rates remaining unchanged in March.
- Stock Dynamics: FedEx shares rose 0.47% after announcing plans to acquire InPost for €7.8 billion, showcasing a proactive business expansion strategy, while ON Semiconductor fell 1.38% as analysts expect quarterly earnings to miss expectations.
See More
Movers: Hims & Hers, Novo Nordisk, Micron, Kroger, STMicroelectronics, Nvidia, and Others
- Stock Market Trends: Stock futures were declining on Monday as investors expressed concerns about the sustainability of a recent relief rally.
- Investor Sentiment: There is a prevailing uncertainty among investors regarding the market's ability to maintain upward momentum following last week's gains.
See More
U.S. Stock Futures Rise, Focus on Aecom and ON Semiconductor
- Aecom Earnings Forecast: Aecom (NYSE:ACM) is projected to report quarterly earnings of $1.17 per share on revenue of $3.61 billion, indicating stable growth in the infrastructure sector that may enhance investor confidence.
- Stock Performance: Aecom shares rose 2.4% to close at $101.03 on Friday, reflecting optimistic market sentiment ahead of its earnings report, which could attract more investor attention.
- ON Semiconductor Earnings Outlook: Analysts expect ON Semiconductor Corp. (NASDAQ:ON) to post quarterly earnings of 62 cents per share with revenue of $1.54 billion, suggesting ongoing demand and growth potential in the semiconductor market.
- Stock Movement: ON Semiconductor shares gained 0.1% in after-hours trading, closing at $65.23, indicating market anticipation for its earnings report, which may influence future investment decisions.
See More
Key Focus Areas This Week: Jobs, Consumer Prices, Coca-Cola, CVS, Ford, McDonald's, and More
- Market Performance: The Dow Jones Industrial Average rose by 2.5% and closed above 50,000 for the first time.
- Nasdaq Struggles: In contrast, the Nasdaq Composite ended the week down 1.8%, despite a strong rally on Friday.
See More
