ON Semiconductor Corporation (ON)
40.94 USD -2.82 (-6.44%) Volume: 10.44M
ON Semiconductor Corporation’s stock price stands at 40.94 USD, witnessing a dip of -6.44% in this trading session with a trading volume of 10.44M, reflecting a significant YTD decline of -35.07%, highlighting the need for strategic investment decisions.
Latest developments on ON Semiconductor Corporation
ON Semiconductor Corp. stock has faced challenges recently, hitting a 52-week low at $41.59 amidst market shifts. Despite underperforming compared to competitors, there are signs of potential growth in the semiconductor industry. ChipStart is scaling the next wave of semiconductor growth, with new startups joining the incubator. Additionally, South Korea’s collaboration with Samsung Electronics, SK Hynix, and DB Hitek aims to boost semiconductor competitiveness. ON Semiconductor’s stock price movements today reflect a mix of market trends and industry developments, making it a stock to watch for potential value opportunities.
ON Semiconductor Corporation on Smartkarma
Analysts on Smartkarma, such as Baptista Research, are bullish on On Semiconductor‘s growth and market positioning. According to Baptista Research‘s reports, On Semiconductor Corporation’s latest earnings call for the fourth quarter and full year 2024 showed a mixed set of results. The company’s revenue for the full year was $7.1 billion, with a non-GAAP gross margin of 45.5%. This reflects their focus on intelligent power and sensing technologies, particularly in automotive, industrial, and AI data centers.
Baptista Research also highlighted On Semiconductor Corporation’s mass market strategy and inventory management as driving factors for optimism. The recent earnings report for the third quarter of 2024 showed that the company met or exceeded its guidance midpoint for revenue, gross margin, and earnings per share. Despite challenges in the macroeconomic environment, strategic developments are positioning the company for long-term growth. Baptista Research is evaluating various factors that could influence the company’s price in the near future and conducting an independent valuation using a Discounted Cash Flow methodology.
A look at ON Semiconductor Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
On Semiconductor Corporation, a supplier of analog, standard logic, and discrete semiconductors for data and power management, has received a mixed outlook from Smartkarma Smart Scores. While the company scored high in value and growth, indicating a positive long-term potential, its dividend and momentum scores were lower. This suggests that while On Semiconductor may offer good value and growth opportunities, investors should be cautious of its dividend payout and momentum in the market.
Despite some concerns, On Semiconductor shows resilience in the face of challenges, with a solid score in this category. This indicates that the company is well-positioned to weather economic uncertainties and market fluctuations. Overall, On Semiconductor‘s Smartkarma Smart Scores paint a picture of a company with strong potential for value and growth, but with some areas of caution to consider before making investment decisions.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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