onsemi Reports Record Third Quarter 2022 Results

Go back to onsemi Reports Record Third Quarter 2022 Results

ON Semiconductor (ON) PT Lowered to $69 at Benchmark

November 1, 2022 6:19 AM EDT

Benchmark analyst Ruben Roy lowered the price target on ON Semiconductor (NASDAQ: ON) to $69.00 (from $72.00) while maintaining a Buy rating.

The analyst comments "Despite the softening macro backdrop On Semis 3Q results topped estimates on continued strength in Automotive, but ongoing softness... More

ON Semiconductor (ON) PT Lowered to $80 at Susquehanna

October 31, 2022 5:04 PM EDT

Susquehanna analyst Christopher Rolland lowered the price target on ON Semiconductor (NASDAQ: ON) to $80.00 (from $82.00) while maintaining a Positive rating following earnings.

The analyst commented, "Industrial weakness works into the model, but Auto/SiC mitigates some. GMs and higher 2023 capex disappoint."

... More

ON Semiconductor (ON) PT Lowered to $72 at Mizuho Securities

October 31, 2022 3:53 PM EDT

Mizuho Securities analyst Vijay Rakesh lowered the price target on ON Semiconductor (NASDAQ: ON) to $72.00 (from $79.00) while maintaining a Buy rating following earnings.

The analyst commented, "ON reported in-line SepQ rev of $2.19B, and guided DecQ down ~5% q/q (better... More