ON Semiconductor Corp. (ON) Stock Forecast & Predictions

ON Semiconductor Corp. ON: $39.705

5005 E McDowell Rd, Phoenix, Arizona, US. | Sector: Manufacturing | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: http://www.onsemi.com/

  • Market Cap$17.63B
  • Change (52 Weeks)207.21%
  • Low (52 Weeks)$12.7
  • ON Semiconductor Corp. (ON) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, ON Semiconductor Corp. (ON) stock price is $39.705 and the 52 weeks low is $12.7, which means the ON Semiconductor Corp. stock price is up 207.21% in the last 12 months.

    ON Semiconductor Corp. (ON) Stock Price has been Trending Strongly with an ADX reading of 44.08 as per the Weekly Chart.

    A Upward trend indicates that ON Semiconductor Corp. (ON) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that ON Stock price might rise further, 25.00% indicating that ON Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall ON stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    ON Semiconductor Corp. (ON) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for ON Semiconductor Corp. (ON) is based on 36 Institutional Analyst Ratings where 52.78% are on Strong Buy, 22.22% on Moderate Buy, 19.44% remains on Hold, 0.00% are on Moderate Sell and 5.56% are on Strong Sell.

    Out of 36 Institutional Analysts, majority recommended ON stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of ON Semiconductor Corp..

    ON Semiconductor Corp. (ON) Stock Price Prediction By Analysts


    HighLowAverage
    $52.50$17.17$42.19
    $42.196.25% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for ON set by the institutional analysts is $42.19 where High Estimate is $52.50, Median $43.86 and Low $17.17.

    The average price target for ON by Institutional Analysts is $42.19, which is 6.25% Upside from the current price. So according to the Institutional Analysts, ON Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    ON Semiconductor Corp. (ON) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 385,350 investor portfolio.

    Our algorithm has analysed 385,350 investor portfolio with ON stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about ON and holding their positions hoping for a further rise in the stock price and more profit.

    ON Semiconductor Corp. (ON) Stock Forecast Based on News Sentiment


    Bullish
    Based on 4 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about ON, it shows that ON Semiconductor Corp. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that ON stock price may surge in the next few weeks.

    ON Semiconductor Corp. (ON) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Truist SecuritiesBuyMaintained
    Summit Insights GroupBuyUpgraded
    Raymond JamesOutperformMaintained
    NeedhamStrong BuyMaintained
    Morgan StanleyUnderweightMaintained
    MizuhoBuyMaintained
    KeyBancOverweightMaintained
    JP MorganNeutralMaintained
    Deutsche BankBuyMaintained
    Craig-HallumBuyMaintained
    BenchmarkBuyMaintained
    Raymond JamesOutperformMaintained
    KeyBancOverweightMaintained
    Truist SecuritiesBuyInitiated
    Morgan StanleyUnderweightMaintained
    NeedhamStrong BuyMaintained
    KeyBancOverweightUpgraded
    NeedhamStrong BuyMaintained
    JefferiesBuyMaintained
    Morgan StanleyUnderweightMaintained
    NeedhamStrong BuyMaintained
    RosenblattBuyMaintained
    Raymond JamesOutperformMaintained
    CitigroupBuyMaintained
    BenchmarkBuyMaintained
    Morgan StanleyUnderweightMaintained
    NeedhamStrong BuyMaintained
    B. Riley FBRBuyUpgraded
    RosenblattBuyMaintained
    Morgan StanleyUnderweightMaintained
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightUpgraded
    Morgan StanleyUnderweightMaintained
    RosenblattBuyInitiated
    Raymond JamesOutperformDowngraded
    MizuhoBuyMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    Credit SuisseUnderperformMaintained
    CFRABuyMaintained
    B. Riley FBRNeutralMaintained
    Morgan StanleyUnderweightMaintained
    NeedhamStrong BuyMaintained
    NeedhamStrong BuyMaintained
    CitigroupBuyMaintained
    B. Riley FBRNeutralDowngraded
    Morgan StanleyUnderweightMaintained
    NeedhamStrong BuyMaintained
    Morgan StanleyUnderweightMaintained
    MizuhoBuyMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    BMO CapitalMarket PerformDowngraded
    BenchmarkBuyReiterated
    B. Riley FBRBuyMaintained
    B of A SecuritiesUnderperformDowngraded
    B. RileyBuyMaintained
    BenchmarkBuyReiterated
    Wells FargoMarket PerformInitiated
    CitigroupBuyMaintained
    BenchmarkBuyInitiated
    Raymond JamesStrong BuyUpgraded
    CitigroupBuyMaintained
    MizuhoBuyMaintained
    JefferiesBuyUpgraded
    Longbow ResearchNeutralDowngraded
    Goldman SachsBuyUpgraded
    BMO CapitalOutperformUpgraded
    Cowen & Co.OutperformInitiated
    BMO CapitalMarket PerformInitiated
    NomuraBuyMaintained
    Morgan StanleyUnderweightMaintained
    CitigroupBuyMaintained
    Raymond JamesMarket PerformDowngraded
    KeyBancSector WeightInitiated
    Morgan StanleyUnderweightDowngraded
    B. Riley FBRBuyMaintained
    NomuraBuyInitiated
    JP MorganNeutralMaintained
    Credit SuisseUnderperformMaintained
    CitigroupBuyMaintained
    BairdOutperformMaintained
    B. Riley FBRBuyMaintained
    PiperJaffrayNeutralInitiated
    Morgan StanleyEqual-WeightMaintained
    Loop CapitalBuyMaintained
    JefferiesHoldMaintained
    Credit SuisseUnderperformMaintained
    B. Riley FBRBuyMaintained
    CitigroupBuyMaintained
    Goldman SachsNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseUnderperformMaintained
    B. Riley FBRBuyMaintained
    Pacific CrestSector WeightDowngraded
    Credit SuisseUnderperformDowngraded
    Goldman SachsBuyUpgraded
    Loop CapitalBuyInitiated
    Stephens & Co.OverweightUpgraded
    Pacific CrestOverweightMaintained
    KeyBancOverweightMaintained
    Morgan StanleyEqual-WeightUpgraded
    JefferiesHoldMaintained
    Deutsche BankBuyInitiated
    CLSAPerformMaintained
    BairdBuyMaintained
    Longbow ResearchBuyUpgraded
    JefferiesHoldMaintained
    Pacific CrestOverweightUpgraded
    Stephens & Co.Equal-WeightInitiated
    CLSAOutperformInitiated
    Stifel NicolausBuyMaintained
    Credit SuisseOutperformMaintained
    B. Riley FBRBuyMaintained
    WedbushOutperformMaintained
    CitigroupBuyUpgraded
    WedbushOutperformUpgraded
    JefferiesHoldMaintained
    WedbushNeutralDowngraded
    B. Riley FBRBuyMaintained
    MizuhoBuyInitiated
    NeedhamBuyInitiated

    ON Semiconductor Corp. (ON) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.404
    The average consensus EPS for ON is $0.404 with a high estimate of $0.483 and Low of $0.333 for the period 2021-06-30 and based on 29 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.27$0.2074422020-09-30


    The latest average Earning Per Share Estimate for ON Semiconductor Corp. is $0.40, which is higher than ON's last EPS, $0.27. This means that Analysts are expecting ON Semiconductor Corp. to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of ON Semiconductor Corp..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.27$0.2074422020-09-30
    $0.12$0.01840612020-06-30
    $0.1$0.15777542020-03-31
    $0.3$0.33389512019-12-31
    $0.33$0.37085152019-09-30
    $0.42$0.42824312019-06-30
    $0.43$0.407179600000000032019-03-31
    $0.53$0.48817882018-12-31
    $0.57$0.52034572018-09-30
    $0.46$0.459225500000000062018-06-30
    $0.4$0.4018032018-03-31
    $0.39$0.38063652017-12-31
    $0.31$0.415203300000000052017-09-30
    $0.26$0.33377152017-06-30
    $0.23$0.25939522017-03-31
    $0.29$0.23674552016-12-31
    $0.24$0.24551082016-09-30
    $0.21$0.200015700000000022016-06-30
    $0.17$0.155532016-03-31
    $0.19$0.19627682015-12-31
    $0.23$0.23977372015-09-30
    $0.22$0.2250552015-06-30
    $0.2$0.18285592015-03-31
    $0.17$0.16401722014-12-31
    $0.21$0.23303752014-09-30
    $0.2$0.19572014-06-30
    $0.17$0.15547852014-03-31
    $0.17$0.143015500000000022013-12-31
    $0.17$0.16612872013-09-30
    $0.13$0.132870000000000022013-06-30
    $0.1$0.07945422013-03-31
    $0.08$0.071070000000000012012-12-31
    $0.12$0.140082012-09-30
    $0.14$0.14762992012-06-30
    $0.12$0.0901252012-03-31
    $0.13$0.06182011-12-31
    $0.24$0.244112011-09-30
    $0.25$0.26671852011-06-30
    $0.27$0.202364100000000022011-03-31
    $0.22$0.22118222010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).