Based on the recent earnings announcement and analyst updates, here's the price prediction for ON Semiconductor (ON) in 2025:
The stock is expected to reach $60 by end of 2025, driven by recovery in automotive and industrial segments, though facing near-term headwinds. Recent Q4 2024 results showed revenue decline of 15% YoY to $1.72B, indicating continued market weakness. However, management's focus on high-value power and sensing solutions positions the company for long-term growth.
Multiple analysts have recently revised their price targets, with the average target around $66.8. While some analysts maintain bullish outlook citing ON's strategic positioning in EV and industrial automation markets, others express concerns about near-term market uncertainties. The most recent price target revisions range from $44 (Morgan Stanley) to $71 (Mizuho).
The stock is currently trading at $53.46, suggesting potential upside of ~12% to reach the $60 target, supported by:
- Expected automotive market recovery in H2 2025
- Strengthened partnership with Denso for ADAS solutions
- Structural improvements in operational efficiency
Note: This prediction is based on current market conditions and analyst forecasts. Market conditions, company performance, and other factors may cause actual results to differ materially from these projections.