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Price Forecast:


Bearish   <->   Bullish

Bullish Case: ON Semiconductor's focus on EV and silicon carbide demand positions it well amidst market volatility. Recent investments indicate strong long-term growth potential.

Bearish Case: Supply chain disruptions and regulatory challenges continue to pose risks. Market volatility could lead to further downside pressure on ON's stock price.

Potential Outcomes:

1. 60% chance of sustained growth driven by EV market.

2. 30% risk from supply chain issues.

3. 10% chance of negative sentiment impacting valuations.

Trading Oracle: Consider initiating a bullish debit spread using $70.00 call and $75.00 call, capturing upside with a favorable risk-reward. Utilize high implied volatility as a hedge and target short-term gains over the next few weeks.

September 19, 2024


ON Semiconductor Forecast

ON      ON Semiconductor

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