$70.99
0.71% day before yesterday
Nasdaq, Nov 01, 09:00 pm CET
ISIN
US6821891057
Symbol
ON
Sector
Industry

ON Semiconductor Corporation Target price 2024 - Analyst rating & recommendation

ON Semiconductor Corporation Classifications & Recommendation:

Buy
55%
Hold
39%
Sell
6%

ON Semiconductor Corporation Price Target

Target Price $86.00
Price $70.99
Potential 21.14%
Number of Estimates 24
24 Analysts have issued a price target ON Semiconductor Corporation 2025 . The average ON Semiconductor Corporation target price is $86.00. This is 21.14% higher than the current stock price. The highest price target is $107.00 50.73% , the lowest is $55.00 22.52% .
A rating was issued by 33 analysts: 18 Analysts recommend ON Semiconductor Corporation to buy, 13 to hold and 2 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the ON Semiconductor Corporation stock has an average upside potential 2025 of 21.14% . Most analysts recommend the ON Semiconductor Corporation stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028


Dec '23 2024
Estimates
Revenue Billion $ 8.25 7.12
0.88% 13.67%
EBITDA Margin 39.05% 36.43%
2.33% 6.72%
Net Margin 25.22% 22.12%
16.08% 12.29%

29 Analysts have issued a sales forecast ON Semiconductor Corporation 2024 . The average ON Semiconductor Corporation sales estimate is $7.1b . This is 3.43% lower than the revenue of the last 12 months(TTM). The highest sales forecast is $7.2b 2.48% , the lowest is $7.1b 3.54% .

This results in the following potential growth metrics:

Revenue Estimates

2023 $8.3b 0.88%
2024 $7.1b 13.67%
2025 $7.4b 4.24%
2026 $8.4b 12.43%
2027 $9.7b 16.19%
2028 $12.5b 28.97%

9 Analysts have issued an ON Semiconductor Corporation EBITDA forecast 2024. The average ON Semiconductor Corporation EBITDA estimate is $2.6b . This is 4.78% lower than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $2.7b 2.67% , the lowest is $2.6b 6.29% .

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $3.2b 3.19%
2024 $2.6b 19.47%
2025 $2.7b 5.34%
2026 $3.2b 16.49%
2027 $3.1b 3.58%

EBITDA Margin

2023 39.05% 2.33%
2024 36.43% 6.72%
2025 36.82% 1.07%
2026 38.14% 3.59%
2027 31.65% 17.02%

16 ON Semiconductor Corporation Analysts have issued a net profit forecast 2024. The average ON Semiconductor Corporation net profit estimate is $1.6b . This is 8.10% lower than the net profit for the last 12 months(TTM). The highest net profit forecast is $1.7b 1.98% , the lowest is $1.5b 11.41% .

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $2.1b 15.06%
2024 $1.6b 24.27%
2025 $1.7b 10.04%
2026 $2.2b 29.45%
2027 $3.0b 32.88%
2028 $4.6b 52.92%

Net Margin

2023 25.22% 16.08%
2024 22.12% 12.29%
2025 23.36% 5.61%
2026 26.89% 15.11%
2027 30.75% 14.35%
2028 36.47% 18.60%

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028


Dec '23 2024
Estimates
Earnings Per Share $ 4.89 3.70
15.06% 24.34%
P/E 19.17
EV/Sales 4.37

16 Analysts have issued a ON Semiconductor Corporation forecast for earnings per share. The average ON Semiconductor Corporation <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $3.70 . This is 8.19% lower than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $3.95 1.99% , the lowest is $3.57 11.41% .

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $4.89 15.06%
2024 $3.70 24.34%
2025 $4.08 10.27%
2026 $5.28 29.41%
2027 $7.01 32.77%
2028 $10.72 52.92%

P/E ratio

Current 17.62 7.99%
2024 19.17 8.80%
2025 17.42 9.13%
2026 13.46 22.73%
2027 10.13 24.74%
2028 6.62 34.65%

Based on analysts' sales estimates for 2024, the ON Semiconductor Corporation stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 4.37 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 4.24 .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 4.22 5.17%
2024 4.37 3.50%
2025 4.19 4.06%
2026 3.73 11.06%
2027 3.21 13.93%
2028 2.49 22.46%

P/S ratio

Current 4.10 5.08%
2024 4.24 3.55%
2025 4.07 4.06%
2026 3.62 11.06%
2027 3.12 13.93%
2028 2.42 22.46%

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