ON Semiconductor Corporation’s Stock Price Soars to $55.52, Marking an Impressive 6.87% Uptick

ON Semiconductor Corporation (ON)

55.52 USD +3.57 (+6.87%) Volume: 14.74M

ON Semiconductor Corporation’s stock price sees a significant surge of +6.87% this trading session, reaching a value of 55.52 USD, with a high trading volume of 14.74M. Despite the recent spike, the stock has experienced a -13.48% change YTD, indicating a volatile year for ON.

Latest developments on ON Semiconductor Corporation

Today, ON Semiconductor’s stock price is experiencing fluctuations due to recent events surrounding semiconductor tariffs. President Trump has proposed imposing tariffs starting at 25% on semiconductors, with the possibility of further increases over time. This announcement has caused uncertainty in the market, impacting not only ON Semiconductor but also other companies in the industry. Despite this, ON Semiconductor is among the stocks making a comeback from previous dips, showing resilience in the face of challenges. The semiconductor sector faces obstacles such as lack of investor knowledge and legislative hurdles, but companies like ON Semiconductor are poised for growth amid these challenges.

ON Semiconductor Corporation on Smartkarma

Analysts on Smartkarma, such as Baptista Research, are bullish on On Semiconductor‘s growth prospects. In their research reports, Baptista Research highlights the company’s strategic decisions and market positioning in areas like intelligent power and sensing technologies for automotive, industrial, and AI data centers. Despite challenging market conditions, On Semiconductor reported a revenue of $7.1 billion for the full year 2024 with a non-GAAP gross margin of 45.5%, indicating a commitment to their transformation strategy.

Furthermore, Baptista Research also notes On Semiconductor‘s focus on mass market strategy and inventory management as key drivers of optimism. The company’s operational resilience was evident in their recent earnings report for the third quarter of 2024, where they met or exceeded guidance midpoint for revenue, gross margin, and earnings per share. By conducting an independent valuation using a Discounted Cash Flow methodology, Baptista Research aims to evaluate the potential factors influencing On Semiconductor‘s stock price in the near future.

A look at ON Semiconductor Corporation Smart Scores

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, shows a promising long-term outlook based on its Smartkarma Smart Scores. With high scores in Value and Growth, the company is positioned well for future success in the industry. Despite lower scores in Dividend and Momentum, On Semiconductor‘s strong performance in Value and Growth factors indicates a positive trajectory for its overall outlook.

ON Semiconductor Corporation, known for supplying a range of semiconductors for data and power management, receives favorable scores in Value and Growth on the Smartkarma Smart Scores. While the company may face challenges in terms of Dividend and Momentum, its resilience in the industry with a score of 3 suggests a stable foundation for future growth. Overall, On Semiconductor‘s strong performance in key factors bodes well for its long-term prospects in the market.

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