Roth MKM analyst Suji Desilva lowered the firm’s price target on On Semiconductor (ON) to $60 from $100 and keeps a Buy rating on the shares.
Q4 2024 revenue of $1.72 billion declined from $1.76 billion in Q3, driven by weakening market demand and inventory digestion. Automotive revenue grew sequentially in both quarters, although growth ...
ON Semiconductor Corp. (ON) stock tumbled over 6% to over 2-year lows as retail sentiment on Stocktwits dipped to ‘extremely ...
The consensus price target for ON Semiconductor Corporation (NASDAQ:ON) has decreased from $85.1 to $60 over the past year, indicating a more cautious outlook from analysts. ON Semiconductor’s ...
ON Semiconductor, or Onsemi, posted worse-than-expected results and guidance as it continued to face difficult market conditions.
Shares in analog chips maker ON Semiconductor (ON) dropped today after it missed fourth quarter revenue forecasts and said 2025 remained ...
ON Semiconductor Corp. (ON) reported $1.72 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 14.7%. EPS of $0.95 for the same period compares to $1.25 a ...
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The company, based in Erfurt, Germany, said the inventory correction in its automotive business will drag into 2025.
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