ON Stock Chart & Stats
$1260.00
$0.00(0.00%)
At close: 4:00 PM EDT
$1260.00
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$751.00 - $2,290.00
Previous CloseN/A
Volume0.00
Average Volume (3M)380.00
Market Cap
$467.50B
Enterprise Value$37.75K
Total Cash (Recent Filing)$3.86B
Total Debt (Recent Filing)$4.48B
Price to Earnings (P/E)44.9
Beta-0.02
Next Earnings
Nov 02, 2026EPS Estimate
14.77Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.58
Shares Outstanding389,311,700
10 Day Avg. Volume743
30 Day Avg. Volume380
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1,832.08Price Target Upside45.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
EPS Forecast (FY)54.41
Revenue Forecast (FY)$111.43B
Bulls Say, Bears Say
Bulls Say
Strong Cash Generation And LiquidityStrong free cash flow and substantial liquidity give onsemi resources to fund product development, manage semiconductor-cycle volatility, and pursue strategic investments. Cash conversion above net income also supports shareholder returns while preserving financial flexibility for the next several quarters.
AI Data-center And Power GrowthAI data-center demand provides a structural growth avenue for onsemi’s power technologies, especially silicon carbide. A more than doubling outlook could improve product mix, support utilization, and extend growth beyond weaker traditional semiconductor end markets over the medium term.
Utilization-driven Margin ExpansionImproving fab utilization can create operating leverage because fixed manufacturing costs are spread across higher output. If demand supports further utilization gains, the resulting margin expansion may reinforce cash generation and improve profitability without requiring equivalent revenue growth.
Bears Say
Profitability Remains Below Prior-cycle LevelsAlthough profitability has rebounded, margins remain materially below recent peak levels, showing that earnings power has not fully recovered. This leaves less protection against demand softness and means the durability of the recovery depends on continued mix, utilization, and cost improvements.
Input-cost Inflation PressurePersistent input-cost inflation can pressure gross margins and cash generation even as demand improves. Onsemi is implementing additional price increases, but the timing and extent of customer acceptance create execution risk for maintaining profitability through the next several quarters.
Capacity Constraints And Supply AllocationExtended lead times and non-fungible manufacturing capacity can prevent onsemi from fully converting demand into revenue. Prioritizing AI shipments may support mix, but it can defer automotive and industrial volumes, strain customer relationships, and limit near-term growth if demand accelerates.
ON FAQ
What was ON Semiconductor’s price range in the past 12 months?
ON Semiconductor lowest stock price was $751.00 and its highest was $2290.00 in the past 12 months.
What is ON Semiconductor’s market cap?
ON Semiconductor’s market cap is $467.50B.
When is ON Semiconductor’s upcoming earnings report date?
ON Semiconductor’s upcoming earnings report date is Nov 02, 2026 which is in 52 days.
How were ON Semiconductor’s earnings last quarter?
ON Semiconductor released its earnings results on Aug 03, 2026. The company reported $12.502 earnings per share for the quarter, beating the consensus estimate of $12.079 by $0.422.
Is ON Semiconductor overvalued?
According to Wall Street analysts ON Semiconductor’s price is currently Undervalued.
Does ON Semiconductor pay dividends?
ON Semiconductor does not currently pay dividends.
What is ON Semiconductor’s EPS estimate?
ON Semiconductor’s EPS estimate is 14.77.
How many shares outstanding does ON Semiconductor have?
ON Semiconductor has 389,311,700 shares outstanding.
What happened to ON Semiconductor’s price movement after its last earnings report?
ON Semiconductor reported an EPS of $12.502 in its last earnings report, beating expectations of $12.079. Following the earnings report the stock price went down -1.423%.
Which hedge fund is a major shareholder of ON Semiconductor?
Currently, no hedge funds are holding shares in MX: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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10
Analyst Consensus
Moderate Buy
Average Price Target:
$1,832.08 (45.40% Upside)
$1,832.08 (45.40% Upside)
Blogger Sentiment
Bullish
MX:ON Sentiment 83%
Sector Average 60%
Sector Average 60%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
45.98%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
2.73%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
ON Semiconductor
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 MX: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
$1,832.08
▲(45.40% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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