ON Semiconductor Analysts Increase Their Forecasts Following Upbeat Earnings
ON Semiconductor Analysts Increase Their Forecasts Following Upbeat Earnings
ON Semiconductor Corp (NASDAQ:ON) reported better-than-expected second quarter financial results on Monday.
安森美半導體公司（納斯達克股票代碼：ON）週一公佈的第二季度財務業績好於預期。
ON Semiconductor reported a fiscal second-quarter 2024 revenue decline of 17.2% year-on-year to $1.74 billion, beating the analyst consensus estimate of $1.73 billion. The adjusted EPS of 96 cents beat the analyst consensus estimate of 92 cents per share, according to data from Benzinga Pro.
安森美半導體報告稱，2024財年第二季度收入同比下降17.2％，至17.4億美元，超過了分析師共識估計的17.3億美元。根據Benzinga Pro的數據，調整後的每股收益爲96美分，超過了分析師普遍預期的每股92美分。
CEO Hassane El-Khoury said, "As reflected by our recent supply agreement with Volkswagen Group, we also continue to strengthen our silicon carbide leadership position in automotive as we ramp production with leading global OEMs in Europe, North America and China."
首席執行官Hassane El-Khoury表示：“正如我們最近與大衆汽車集團的供應協議所反映的那樣，隨着我們與歐洲、北美和中國的全球領先原始設備製造商提高產量，我們還將繼續鞏固我們在汽車領域的碳化硅領導地位。”
ON Semiconductor said it expects third-quarter adjusted revenue of $1.70 billion – $1.80 billion, versus the consensus of $1.73 billion. The company sees adjusted EPS of 91 cents to $1.03 versus the consensus of 92 cents.
安森美半導體表示，預計第三季度調整後收入爲17.0億美元至18.0億美元，而市場普遍預期爲17.3億美元。該公司預計調整後的每股收益爲91美分至1.03美元，而市場普遍預期爲92美分。
ON Semiconductor shares gained 11.5% to close at $78.27 on Monday.
安森美半導體股價週一上漲11.5％，收於78.27美元。
These analysts made changes to their price targets on ON Semiconductor following the announcement.
宣佈後，這些分析師更改了安森美半導體的目標股價。
- JP Morgan analyst Harlan Sur maintained ON Semiconductor with a Neutral rating, while raising the price target from $85 to $88.
- Benchmark analyst David Williams maintained the stock with a Buy rating, while increasing the price target from $80 to $90.
- Truist Securities analyst William Stein maintained ON Semiconductor with a Buy rating and boosted the price target from $85 to $97.
- 摩根大通分析師哈蘭·蘇爾維持安森美半導體的中性評級，同時將目標股價從85美元上調至88美元。
- 基準分析師戴維·威廉姆斯維持該股的買入評級，同時將目標股價從80美元上調至90美元。
- Truist Securities分析師威廉·斯坦維持安森美半導體的買入評級，並將目標股價從85美元上調至97美元。
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