4 Analysts Assess ON Semiconductor: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on ON Semiconductor (NASDAQ:ON) with recent ratings showing a slight negative shift in sentiment. The average 12-month price target is $82.75, down by 2.65%. The company faces challenges with a -17.15% revenue decline but shows strong profitability and financial health.

October 29, 2024 | 12:01 pm
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ON Semiconductor has received mixed analyst ratings with a slight negative shift in sentiment. The average price target is $82.75, down by 2.65%. Despite a -17.15% revenue decline, the company maintains strong profitability and financial health.
The article discusses recent analyst ratings for ON Semiconductor, showing a mix of bullish and bearish views. The average price target has decreased slightly, indicating a negative shift in sentiment. However, the company's strong profitability and financial health, despite revenue challenges, suggest a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100