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ON Semiconductor Corporation (ON)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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63.38+0.35 (+0.56%)
As of 10:05AM EST. Market open.
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  • P
    Powerpc_marker2
    Analog Devices, On Semi provide 'reassuring' investor updates at CES from seeking alpha
    Analog Devices (NASDAQ:ADI) and On Semiconductor (NASDAQ:ON) provided "reassuring" investor updates at the Consumer Electronics Show, with both companies providing bullish outlooks, Bank of America said in a research note.
    Analyst Vivek Arya noted that commentary from Analog (ADI) and On Semi (ON) countered some investor concerns, many of whom became wary of a cyclical downturn after a record growth in 2021, which saw the industry grow at 22% year-over-year, roughly three times the rate of GDP.
    In their comments, Arya said both Analog and ON noted that "demand continues to outpace supply," and there is "broad-based strength across all end markets."
    Additionally, their customers are signing long-term agreements, particularly On Semi (ON), which are stretching beyond 2022, a fact that was confirmed by Global Foundries (NASDAQ:GFS) in another presentation.
    There have been no cancellations of orders or deferrals, suggesting that the cycle is not peaking anytime soon, with both companies noting that "escalations continue to be significant portion of requests," Arya pointed out, while adding that lead times are still elevated, but have stabilized, at least according to Analog, which gives customers more visibility on when they will receive their products.
    Lastly, channel inventory is light and with bottlenecks expected to last throughout the year, demand is likely to continue outpacing supply.
  • P
    Powerpc_marker2
    ON Semiconductor Corp. Chief Executive Officer Hassane El-Khoury told the online audience today that demand will continue to outpace supply for the rest of this year.
  • E
    EDWARD
    Sp 500 inclusion is a no brainer, what other chip company that makes money is not in the Sp500…ON…I guess we will find out on 2/4/22 after market closes
  • c
    cidzhou
    Yahoo finance estimate ON Next 5 Years (per annum) 55.45%, why so bullish? anyone confident about this?
  • P
    Powerpc_marker2
    Today CNBC commentator Stephen Weiss recommended ON, seeing a potential 50% increase this year.
  • P
    Powerpc_marker2
    new 52 week high! Enjoy the ride. ON is still undervalued compared to MRVL, AMD, NVDA.
  • j
    jack
    Years ago I purchased NVDA and ON reminds me of NVDA. I now purchased shares of ON. NEED I say more? Hold relax be patient And enjoy the ride.
  • A
    Aku
    $ON has sold out its 2022 microchip production. 😲
    — Steve Weiss, Halftime Report 1/3/22
  • A
    Aku
    Any chance ON inclusion in SP 500?
    Thoughts?
  • J
    John
    On should see the high 70's in February 22, and 150-160 in one yr.
  • E
    EDWARD
    If Amd deal gets approved with XLNX the only chip stock that can be added that meets the requirements is ON..any thoughts??
  • R
    Richard
    ON is too cheap to miss out in. It may stay at these levels for a month or so but expect it to be $100 by EOY.
  • P
    Powerpc_marker2
    ON Semiconductor price target raised to $75 from $70 at Needham
    Needham analyst Rajvindra Gill raised the firm's price target on ON Semiconductor to $75 from $70 and keeps a Strong Buy rating on the shares. The analyst states that ON Semi will represent a major play on the proliferation of EVs along with the deployment of renewable energy infrastructure within the semiconductor industry. Gill adds that his higher price target reflects his higher conviction of margin expansion, competitive positioning in key growth areas, and recent execution.
  • P
    Powerpc_marker2
    ON Semiconductor price target raised to $72 from $65 at KeyBanc
    KeyBanc analyst John Vinh raised the firm's price target on ON Semiconductor to $72 from $65 and keeps an Overweight rating on the shares. The analyst recently hosted investor meetings with ON management and felt "incrementally more constructive" regarding the sustainability of revenue growth and margin expansion as tailwinds have benefited more from structural changes in pricing versus cyclical benefits, $2B SiC design win funnel, and outlook for 2022, which is fully booked and appears conservative.
  • c
    chet
    This stock is on a tear. Buy, buy, buy!
  • P
    Powerpc_marker2
    Micron, NXP and On Semi top picks at Citigroup, any weakness in semis should be bought
    Dec. 07, 2021 8:16 AM ET
    Micron Technology, Inc. (MU)
    By: Chris Ciaccia
    ,Weakness in semiconductor stocks ahead of earnings season in January should be bought, Citigroup said in a note to investors, as the inventory shortage is not getting better anytime soon and some companies are sold out for next year.
    Citigroup highlights that its top picks are Micron (NASDAQ:MU), NXP Semiconductors (NASDAQ:NXPI) and ON Semiconductor (NASDAQ:ON), which are all higher by more than 2% in early Tuesday trade.
    Analyst Christopher Danely notes that business conditions for the semiconductor industry have not been this strong since 1999-2000, noting "many" companies are booked solid through 2022.
    There are signs of inventory building and double ordering, but it's also likely that inventory will increase as companies are booked solid for 2022 and lead times for certain products are not improving.
    Danely notes that lead times for products at NXP Semiconductors (NXPI), ON Semiconductor (ON), Analog Devices (NASDAQ:ADI) and Microchip Technology (NASDAQ:MCHP) are near one-year and yet, their customers are still signing long-term supply agreements.
    Danely highlights the rule of "buy stocks when lead times go out," noting that Micron (MU), NXP (NXPI) and On (ON) are leveraged and should benefit.
  • P
    Powerpc_marker2
    emotion3D, onsemi collaborate on DOMS reference design
    emotion3D and onsemi announced a joint reference design for driver and occupant monitoring system. By combining driver and occupant monitoring in one camera, this design enables multiple safety capabilities and a next-level user experience. This allows automotive OEMs to deploy high-performance, low-cost, next-generation in-cabin imaging solutions that make driving safer and more enjoyable. Based on emotion3D's CABIN EYE AI software stack and the award-winning AR0820AT 8.3 MP image sensor from onsemi, this new DOMS solution not only replaces the single-task driver monitoring mono/IR camera, but also enables multiple use cases for safety and convenience by employing a single color/IR camera.
  • j
    jscheidler27
    Great year For Us!! May God Keep Blessing Us!! And Merry Christmas!!!
  • P
    Powerpc_marker2
    ON expects more than 7 billion revenue with current market cap 28 billion (4x sales). MRVL expects 5.8 billion revenue next year but current market cap more than 75 billion (13 x sale). HOLD ON firm and be patient. ON will catch up soon.
  • H
    Hg
    Could be due for a -10% correction anytime today, RSI overbought extremely high. No good to hold .

    Sell is best !