The Analyst Landscape: 4 Takes On ON Semiconductor
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on ON Semiconductor (NASDAQ:ON), with recent ratings ranging from bullish to indifferent. The average 12-month price target has increased to $88.00, up from $83.50. Analysts from Needham, Keybanc, Stifel, and Roth MKM have adjusted their ratings and price targets, reflecting their views on the company's market position and financial health. ON Semiconductor, a leading supplier in the automotive and industrial markets, faces challenges in market capitalization and revenue growth but excels in net margin, ROE, and ROA, despite a high debt-to-equity ratio.
February 06, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
ON Semiconductor's analyst ratings show a mix of bullish to indifferent views, with an increased average price target of $88.00. The company's strong financial health indicators, such as net margin and ROE, contrast with its revenue growth challenges and high debt-to-equity ratio.
The increase in the average price target to $88.00 from $83.50, along with the mixed analyst ratings, suggests a cautiously optimistic outlook for ON Semiconductor. The company's strong performance in net margin and ROE indicates solid financial health, which could positively influence its stock price in the short term. However, challenges in revenue growth and a high debt-to-equity ratio may temper gains. The recent adjustments in ratings and price targets by analysts from Needham, Keybanc, Stifel, and Roth MKM further underscore the evolving market perception of ON Semiconductor's value.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100