ON Semiconductor Corporation with ticker code (ON) now have 25 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 80 and 60 calculating the average target price we see 72.76. Given that the stocks previous close was at 63.81 this would imply there is a potential upside of 14.0%. There is a 50 day moving average of 56.6 and the 200 day moving average is 56.62. The market capitalisation for the company is $27,226m. Company Website: https://www.onsemi.com
The potential market cap would be $31,045m based on the market concensus.
ON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems. The company operates through three segments the Power Solutions Group, the Advanced Solutions Group, and the Intelligent Sensing Group segments. It offers analog, discrete, module, and integrated semiconductor products that perform multiple application functions, including power switching and conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. The company also designs and develops analog, mixed-signal, advanced logic, application specific standard product and ASICs, radio frequency, and integrated power solutions for end-users in end-markets, as well as provides foundry and design services for government customers. In addition, it develops complementary metal oxide semiconductor image sensors, image signal processors, and single photon detectors, including silicon photomultipliers and single photon avalanche diode arrays, as well as actuator drivers for autofocus and image stabilization for a broad base of end-users in various end-markets. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Phoenix, Arizona.
