Onsemi (NASDAQ:ON) Releases Q1 2025 Earnings Guidance

Market Beat
2025.02.10 13:30
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Onsemi (NASDAQ:ON) has updated its Q1 2025 earnings guidance, projecting EPS between 0.450-0.550, significantly lower than the consensus estimate of 0.900. Revenue guidance is set at $1.4 billion-$1.5 billion, below the consensus of $1.7 billion. Analysts have adjusted their price targets for Onsemi, with Goldman Sachs lowering it from $92 to $77, while Morgan Stanley reduced theirs from $64 to $52. The stock opened at $51.25, down 2.3%, with a market cap of $21.82 billion.