On Semiconductor Corporation (NASDAQ:ON) is one of the best growth stocks under $50 to buy now. On September 8, TD Cowen analyst Joshua Buchalter maintained a Buy rating on On Semiconductor Corporation (NASDAQ:ON) and set a price target of $55.00.
On Semiconductor Corporation announced its fiscal Q2 2025 results on August 4, reporting $1.468 billion in revenue, cash from operations of $184.3 million, and free cash flow of $106.1 million.
GAAP operating margin and non-GAAP operating margin for the quarter were 13.2% and 17.3%, respectively.
On Semiconductor Corporation provides intelligent power and sensing solutions with a primary focus on industrial and automotive markets. The company’s operations are divided into the following segments: Power Solutions Group (PSG), Analog and Mixed-Signal Group (AMG), and Intelligent Sensing Group (ISG).
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This article is originally published at Insider Monkey.
