In the last trading session, 8.96 million ON Semiconductor Corp (NASDAQ:ON) shares changed hands as the company’s beta touched 1.39. With the company’s per share price at $53.80 changed hands at $1.42 or 2.71% during last session, the market valuation stood at $22.48B. ON’s last price was a discount, traded about -48.85% off its 52-week high of $80.08. The share price had its 52-week low at $31.04, which suggests the last value was 42.3% up since then.
Analysts gave the ON Semiconductor Corp (ON) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 1 out of 23 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended ON as a Hold, 19 felt it is a Buy and 0 rated the stock as Underweight. ON Semiconductor Corp’s EPS for the current quarter is expected to be 0.53.
ON Semiconductor Corp (NASDAQ:ON) trade information
Instantly ON was in green as seen at the end of in last trading. With action 13.57%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -14.67%, with the 5-day performance at 13.57% in the green. However, in the 30-day time frame, ON Semiconductor Corp (NASDAQ:ON) is 31.28% up.
The consensus price target for the stock as assigned by Wall Street analysts is 60, meaning bulls need an upside of 10.33% from its current market value. According to analyst projections, ON’s forecast low is 60 with 60 as the target high. To hit the forecast high, the stock’s price needs a -11.52% plunge from its current level, while the stock would need to soar -11.52% for it to hit the projected low.
ON Semiconductor Corp (ON) estimates and forecasts
Year-over-year growth is forecast to reach -16.48% down from the last financial year.
Consensus estimates given by 27 financial analysts project the company’s revenue in the current quarter to hit an average of 1.45B. 27 analysts are of the opinion that ON Semiconductor Corp’s revenue for the current quarter will be 1.49B. The company’s revenue for the corresponding quarters a year ago was 1.74B and 1.76B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -16.44%. The estimates for the next quarter sales put growth at -15.47%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 48.17%. The 2025 estimates are for ON Semiconductor Corp earnings to decrease by -42.50%, but the outlook for the next 5-year period is at 4.73% per year.
ON Semiconductor Corp (NASDAQ:ON)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.9612% or 51.33 million shares worth $3.52 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were Fidelity Select Portfolios-Semiconductors Portfolio and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 22.72 shares estimated at $1.22 billion under it, the former controlled 5.44% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 3.19% of the shares, roughly 13.31 shares worth around $716.19 million.
