Onsemi forecasts weak first-quarter results as soft auto demand bites

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ON Semiconductor (ON) PT Lowered to $48 at Baird

February 11, 2025 8:18 AM UTC

Baird analyst Tristan Gerra lowered the price target on ON Semiconductor (NASDAQ: ON) to $48.00 (from $75.00) while maintaining a Neutral rating.

The analyst comments "Utilization rate is now in a mid 50s range, a historical low. ON is well positioned for a secular... More

ON Semiconductor (ON) PT Lowered to $44 at Morgan Stanley

February 11, 2025 7:09 AM UTC

Morgan Stanley analyst Joseph Moore lowered the price target on ON Semiconductor (NASDAQ: ON) to $44.00 (from $52.00) while maintaining a Underweight rating.

The analyst comments "Thoughts on the stock: ON is in a difficult position of headwinds across their product portfolio impacting their revenue outlook... More

ON Semiconductor (ON) PT Lowered to $85 at Jefferies

February 10, 2025 4:02 PM UTC

Jefferies analyst Blayne Curtis lowered the price target on ON Semiconductor (NASDAQ: ON) to $85.00 (from $100.00) while maintaining a Buy rating.

The analyst comments "Guidance came in even lower than expectations with weakness across all end markets/regions leading to lower... More