AllAnalyst Report
logoMorningstarAugust 10, 2020

ON Semiconductor Corporation: ON Semiconductor Reports Stronger-Than-Expected Results as Market for Computing Expands; $23 FVE

Symbols
ON
Sector(s)
Technology
Rating
Premium
Current Price
$36.71
Fair Value
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Economic Moat
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Stewardship
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Summary

ON Semiconductor spun off from Motorola in 1999 and has since become a leading supplier of chips into automotive and industrial markets, with products in analog, discrete, power management, and image sensing. The firm has made several acquisitions in the past few years to solidify share in its key markets. The largest of these was the 2016 purchase of Fairchild Semiconductor for $2.4 billion, which greatly increased the firm’s strength in the discrete chip market.

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