{
  "id": 8461634,
  "title": "ON Semiconductor Has Cratered for 3 Months: This Wall Street Pro Remains Bullish, Citing 120% Returns for Buyers",
  "url": "https://urgent.news/2026/09/18/on-semiconductor-has-cratered-for-3-months-this-wall-street-pro",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-09-18T11:25:29.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/semiconductor-cratered-3-months-wall-112529235.html"
  },
  "original_language": "en",
  "account": "ON Semiconductor's stock has plummeted 44% over the past three months despite beating Q2 estimates. The shares are now 56% below the average analyst price target of $107. The company, which designs intelligent power and sensing chips for cars, factories, and AI server racks, has a wide analyst upside, with Susquehanna's Christopher Rolland maintaining a Street-high $150 target, implying 120% upside. ON Semiconductor's silicon carbide content per rack is expected to jump from $15,000 to $115,000 in 800V architectures, with gross margins recovering toward 40%. While the peer group has softened, ON has fallen harder and faster. Analysts have not shown strong bullish sentiment, with 2 Strong Buy, 11 Buy, 16 Hold, and 0 Sell ratings. Despite this, the company's operating metrics are improving, with Q2 revenue of $1.60 billion beating estimates and non-GAAP EPS of $0.74.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}