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ON Stock Chart & Stats
$86.81
-$3.32(-3.68%)
At close: 4:00 PM EDT
$86.81
-$3.32(-3.68%)
Day’s Range― - ―
52-Week Range$44.56 - $134.92
Previous CloseN/A
Volume7.35M
Average Volume (3M)11.93M
Market Cap
$32.18B
Enterprise Value$37.75K
Total Cash (Recent Filing)$3.86B
Total Debt (Recent Filing)$4.48B
Price to Earnings (P/E)52.3
Beta1.79
Next Earnings
Nov 02, 2026EPS Estimate
0.87Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.58
Shares Outstanding389,311,700
10 Day Avg. Volume8,408,221
30 Day Avg. Volume11,934,378
Financial Highlights & Ratios
PEG Ratio-2.03
Price to Book (P/B)2.90
Price to Sales (P/S)3.71
P/FCF Ratio15.69
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$109.28Price Target Upside25.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
EPS Forecast (FY)3.2
Revenue Forecast (FY)$6.55B
Bulls Say, Bears Say
Bulls Say
Revenue Recovery And Margin ExpansionThe recovery is broadening beyond cost control: revenue grew despite planned exits, while higher utilization is expanding margins. Continued sequential improvement would strengthen earnings power and show that the business can convert demand into better profitability.
Strong Cash Generation And LiquidityStrong free cash flow and substantial liquidity give onsemi flexibility to fund product investment, manage semiconductor cycles, return capital, and absorb operating volatility. This financial capacity supports execution while utilization and end-market demand continue recovering.
Structural AI, SiC And ESS GrowthExposure to AI power infrastructure, energy storage and silicon-carbide vehicle platforms aligns onsemi with multi-year electrification and power-efficiency trends. These applications can support richer product mix and sustained design-win opportunities across automotive and industrial markets.
Bears Say
Profitability Below Prior-Cycle LevelsAlthough margins are recovering, profitability remains materially below the company’s recent peak. This indicates that pricing, mix, utilization or semiconductor-cycle conditions have not fully normalized, leaving less earnings buffer if demand recovery slows.
Higher Leverage And Subdued ReturnsThe balance sheet remains adequately supported by equity and liquidity, but rising leverage reduces financial flexibility relative to prior years. With ROE still subdued, capital is currently generating weaker returns, increasing the importance of successful recovery and integration investments.
Input Costs And Capacity ConstraintsPersistent material, external manufacturing and capacity pressures can limit near-term volume fulfillment and erode margins before pricing actions take effect. Non-fungible production lanes also make it harder to redirect supply quickly across growth markets.
ON Semiconductor News
ON FAQ
What was ON Semiconductor Corporation’s price range in the past 12 months?
ON Semiconductor Corporation lowest stock price was $44.56 and its highest was $134.92 in the past 12 months.
What is ON Semiconductor Corporation’s market cap?
ON Semiconductor Corporation’s market cap is $32.18B.
When is ON Semiconductor Corporation’s upcoming earnings report date?
ON Semiconductor Corporation’s upcoming earnings report date is Nov 02, 2026 which is in 76 days.
How were ON Semiconductor Corporation’s earnings last quarter?
ON Semiconductor Corporation released its earnings results on Aug 03, 2026. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.715 by $0.025.
Is ON Semiconductor Corporation overvalued?
According to Wall Street analysts ON Semiconductor Corporation’s price is currently Undervalued.
Does ON Semiconductor Corporation pay dividends?
ON Semiconductor Corporation does not currently pay dividends.
What is ON Semiconductor Corporation’s EPS estimate?
ON Semiconductor Corporation’s EPS estimate is 0.87.
How many shares outstanding does ON Semiconductor Corporation have?
ON Semiconductor Corporation has 389,311,700 shares outstanding.
What happened to ON Semiconductor Corporation’s price movement after its last earnings report?
ON Semiconductor Corporation reported an EPS of $0.74 in its last earnings report, beating expectations of $0.715. Following the earnings report the stock price went up 0.473%.
Which hedge fund is a major shareholder of ON Semiconductor Corporation?
Currently, no hedge funds are holding shares in ON
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
ON Semiconductor Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$109.28 (25.88% Upside)
$109.28 (25.88% Upside)
Blogger Sentiment
Bullish
ON Sentiment 79%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 264.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
56.43%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
2.73%
Trailing 12-Months
Company Description
ON Semiconductor Corporation
ON Semiconductor Corporation operates as a global provider of sophisticated power and sensing solutions. Their cutting-edge power innovations are pivotal in modernizing various sectors: they contribute to the development of lighter, extended-range electric vehicles, underpin rapid-charging infrastructure, and bolster sustainable energy initiatives for applications such as solar arrays, industrial power systems, and energy storage. The company's operations are structured into three main divisions: the Power Solutions Group, the Advanced Solutions Group, and the Intelligent Sensing Group. ON Semiconductor offers a broad array of semiconductor products, including analog components, discrete devices, modules, and integrated circuits. These products are designed to perform numerous critical functions, such as power switching, energy conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation. Beyond these standard offerings, the firm also designs and develops specialized analog, mixed-signal, advanced logic, application-specific integrated circuits (ASICs) and standard products, radio frequency (RF) components, and integrated power management solutions, catering to a diverse range of end-market consumers. Furthermore, it provides foundry and design services specifically for government clients. The company's portfolio also encompasses advanced imaging technologies. This includes the creation of complementary metal-oxide-semiconductor (CMOS) image sensors, sophisticated image signal processors, and single photon detectors like silicon photomultipliers (SiPMs) and single-photon avalanche diode (SPAD) arrays. Additionally, ON Semiconductor produces actuator drivers essential for autofocus and image stabilization, serving a wide spectrum of end-users across numerous industries. Established in 1992, ON Semiconductor Corporation is headquartered in Phoenix, Arizona.
ON Company Deck
ON Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: revenue growth, meaningful margin expansion, robust free cash flow, upgraded AI data center outlook (now expected to more than double in 2026), and multiple product and design wins (silicon carbide, high-voltage, ESS, Treo). Management provided constructive Q3 guidance (revenue $1.65B–$1.75B, non-GAAP gross margin 40%–42%, non-GAAP EPS $0.81–$0.93) and highlighted strategic moves (Synaptics acquisition, Fab Right divestitures) that support long-term profitability. Headwinds include input cost inflation, extended lead times and selective supply constraints that required short-term prioritization of AI shipments over automotive/industrial, along with ongoing restructuring impacts. Overall, positives are numerous and sizable, and the company appears positioned to sustain margin and cash-flow improvements while managing near-term supply and cost pressures.View all ON earnings summariesON Revenue Breakdown
46.79% Power Solutions Group
37.73% Analog and Mixed-Signal Group
15.49% Intelligent Sensing Group

ON Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$109.28
▲(25.88% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
0.50% Insiders
39.62% Mutual Funds
13.20% Other Institutional Investors
14.03% Public Companies and Individual Investors











