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ON Semiconductor Announces Major Asset Impairments

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ON Semiconductor Announces Major Asset Impairments

TipRanks Black Friday Sale

An update from ON Semiconductor ( (ON) ) is now available.

In the first quarter of 2025, onsemi announced restructuring and cost reduction initiatives to realign its manufacturing capacity with anticipated long-term needs. On November 13, 2025, the company approved additional pre-tax non-cash impairment and accelerated depreciation charges of $200 million to $300 million for long-lived assets at certain manufacturing facilities, aiming to reduce recurring depreciation expenses by $10 million to $15 million in 2026.

The most recent analyst rating on (ON) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on ON Semiconductor stock, see the ON Stock Forecast page.

Spark’s Take on ON Stock

According to Spark, TipRanks’ AI Analyst, ON is a Neutral.

ON Semiconductor’s overall stock score is driven by a solid earnings call performance and strong cash flow generation, despite challenges in revenue growth and valuation concerns. The company’s strategic focus on key growth areas like AI and automotive, along with effective cash management, supports its long-term potential.

To see Spark’s full report on ON stock, click here.

More about ON Semiconductor

ON Semiconductor Corporation, known as onsemi, operates in the semiconductor industry, focusing on manufacturing technologies and internal capabilities to align with long-term needs.

Average Trading Volume: 8,278,451

Technical Sentiment Signal: Sell

Current Market Cap: $18.88B

Find detailed analytics on ON stock on TipRanks’ Stock Analysis page.

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