ON Semiconductor Corporation with ticker code (ON) have now 26 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 90 and 60 calculating the mean target price we have 74.04. Now with the previous closing price of 53.7 this would imply there is a potential upside of 37.9%. There is a 50 day moving average of 59.95 and the 200 moving average now moves to 53.07. The market cap for the company is $23,494m. Find out more information at: https://www.onsemi.com
The potential market cap would be $32,393m 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.