ON Semiconductor (ON) Surges on Strong Q2 Results and Q3 Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/19/2024
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
ON Semiconductor (ON) PT Raised to $55 at BofA Securities
August 3, 2021 9:02 AM EDTBofA Securities analyst Vivek Arya raised the price target on ON Semiconductor (NASDAQ: ON) to $55.00 (from $48.00) while maintaining a Buy rating.
GM acceleration indicates durable turnaround... MoreON Semiconductor (ON) PT Raised to $60 at Needham & Company
August 3, 2021 7:00 AM EDTNeedham & Company analyst Rajvindra S. Gill raised the price target on ON Semiconductor (NASDAQ: ON) to $60.00 (from $55.00) while maintaining a Strong Buy rating.
The analyst commented, "ON Semi reported a big beat-and-raise Q2-21, hitting the very top of their... More
ON Semiconductor (ON) PT Raised to $57 at Susquehanna
August 2, 2021 1:48 PM EDTSusquehanna 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 EDTTruist Securities analyst Bill Stein raised the price target on ON Semiconductor (NASDAQ: ON) to $51.00 while maintaining a Buy rating.
... MoreON Semiconductor (ON) PT Raised to $60 at Rosenblatt Following 'Beat and Raise'
August 2, 2021 11:58 AM EDTRosenblatt 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) Tops Q2 EPS by 14c, Q3 Guidance Beats
August 2, 2021 8:02 AM EDTON 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
