ON Semiconductor Reports Record Revenue and Non-GAAP Earnings per Share for Second Quarter 2021

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ON Semiconductor (ON) PT Raised to $57 at Susquehanna

August 2, 2021 1:48 PM EDT

Susquehanna analyst Christopher Rolland raised the price target on ON Semiconductor (NASDAQ: ON) to $57.00 (from $48.00) while maintaining a Positive rating following results and guidance.

The analyst commented, "While we had strong conviction in this turnaround, it appears to be progressing even faster than our... More

ON Semiconductor (ON) PT Raised to $51 at Truist Securities

August 2, 2021 12:32 PM EDT

Truist Securities analyst Bill Stein raised the price target on ON Semiconductor (NASDAQ: ON) to $51.00 while maintaining a Buy rating.

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ON Semiconductor (ON) PT Raised to $60 at Rosenblatt Following 'Beat and Raise'

August 2, 2021 11:58 AM EDT

Rosenblatt analyst Kevin Cassidy raised the price target on ON Semiconductor (NASDAQ: ON) to $60.00 (from $44.00) while maintaining a Buy rating following results.

The analyst commented, "ON Semiconductor turned in a very solid beat-n-raise quarter. Managements focus on structural changes in strategic products... More

ON Semiconductor (ON) Surges on Strong Q2 Results and Q3 Outlook

August 2, 2021 9:49 AM EDT

Shares of ON Semiconductor (NASDAQ: ON) are up by more than 12% in todays trading session after the company delivered better-than-expected Q2 results and Q3 guidance.

Earnings per share (EPS) came in at $0.63 to easily top the $0.49 expected from the market analysts. Sales for the quarter soared 38% to $1.67... More

ON Semiconductor (ON) Tops Q2 EPS by 14c, Q3 Guidance Beats

August 2, 2021 8:02 AM EDT

ON Semiconductor (NASDAQ: ON) reported Q2 EPS of $0.63, $0.14 better than the analyst estimate of $0.49. Revenue for the quarter came in at $1.67 billion versus the consensus estimate of $1.62 billion.

GUIDANCE:

ON Semiconductor sees Q3 2021 EPS of $0.68-$0.80, versus the consensus of $0.51.... More