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Trading signal ON Semiconductor Corporation - ON

Good morning Traders,

With the close on March 8, Lift-Off confirms a LONG trading signal on the US stock ON Semiconductor Corporation (Ticker: ON) listed on NASDAQ and part of the S&P 500 index, so it is a Large Cap.

The stock closed at US$83.10 per share, marking a +5.59 percent.

The company is active in the semiconductor industry and recently announced strong growth in the automotive market, which contributed to an increase in revenue.

If the market continues to be favorable, then we may see a further increase in the price of this stock.

Below is the chart of ON Semiconductor Corporation - ON - with the signal detected by Lift-Off.

The company offers a wide range of products in the semiconductor field, including components for automotive, consumer electronics and industry.

Profile

ON Semiconductor Corporation is a company that designs, manufactures and markets semiconductors and power management solutions. It offers products in the automotive, consumer electronics, industrial, mobile device and telecommunications sectors. The company is headquartered in Phoenix, Arizona.

Next earnings announcement for Q1 2023: April 26, 2023

Q4 2022 earnings

EPS: Reported 1.32 / Expected 1.26 / Previous 1.45

Turnover: Reported 2.10B / Expected 2.08B / Previous 2.19B

Financial Overview: ON's current market capitalization amounts to 33.996B USD. ON Semiconductor Corporation's next earnings release date is April 26. The estimate is US$1.09.

Accounts, including revenue, expenses, profit and loss: ON's total revenue for the latest quarter is US$2.10B, down 4.06% from the previous quarter. Net income in Q4 22 is 604.30M USD.

Overview data and accounts source: Tradingview.com

March 9, 2023 signal board

LONG - ON Semiconductor Corporation - ON

Input price: USD 83.10 (and any price)

Important:

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