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TD Cowen Remains Bullish on On Semiconductor Corporation (ON)
Yahoo Financeยท 2025-09-11 16:49
Group 1 - On Semiconductor Corporation (NASDAQ:ON) is identified as a strong growth stock under $50, with a Buy rating maintained by TD Cowen analyst Joshua Buchalter and a price target set at $55.00 [1] - For fiscal Q2 2025, On Semiconductor reported revenue of $1.468 billion, cash from operations of $184.3 million, and free cash flow of $106.1 million [2] - The company's GAAP operating margin was 13.2%, while the non-GAAP operating margin was 17.3% for the same quarter [2] Group 2 - On Semiconductor focuses on providing intelligent power and sensing solutions, primarily targeting the industrial and automotive markets [3] - The company's operations are segmented into three main groups: Power Solutions Group (PSG), Analog and Mixed-Signal Group (AMG), and Intelligent Sensing Group (ISG) [3]