ON Semiconductor (ON) Stocklytics Forecast

ON Semiconductor Corp (ON) is a leading provider of power management and sensor solutions for a wide range of applications. The company operates in multiple segments, including Automotive, Industrial, and Cloud Power. With its strong portfolio of products and technologies, ON Semiconductor is well-positioned to benefit from the growing demand for energy-efficient solutions and the adoption of new technologies such as electric vehicles and the Internet of Things (IoT).

In terms of stock price prediction, several analysts have provided their forecasts for ON Semiconductor Corp. The consensus estimate for the company's stock price is positive, with most analysts expecting it to increase in the coming years. According to the latest predictions, ON Semiconductor Corp's stock price is expected to reach a target of $40 by 2023. This represents a significant increase from its current price level. It is important to note that these predictions are based on various factors such as the company's financial performance, market trends, and industry outlook.