ON Semiconductor stock analysis
ON Semiconductor (0KC4) Share Price & Analysis
0KC4 Stock Chart & Stats
- Day’s Range
- $68.93 - $75.00
- 52-Week Range
- $44.10 - $135.87
- Previous Close
- $73.62
- Volume
- N/A
- Average Volume (3M)
- 7,076
- Market Cap
- $28.66B
- Enterprise Value
- $34.09B
- Total Cash (Recent Filing)
- $4.37B
- Total Debt (Recent Filing)
- $4.71B
- Price to Earnings (P/E)
- 41.6
- Beta
- 0.57
- Next Earnings
- Feb 08, 2027 (Est.)
- EPS Estimate
- 1.01
- Last Dividend Ex-Date
- Mar 15, 2022
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
AI Data Center Expansion
Rapid AI data-center growth is becoming a meaningful business driver, supported by shipments across multiple power-conversion rails and marquee platforms. The broader product footprint and raised long-term revenue target suggest a durable opportunity beyond a single customer or short-lived demand spike.
Strong Cash Generation
Strong operating and free cash flow provides internal funding for product development, capacity investments, acquisitions and debt reduction. High free-cash-flow conversion also indicates that reported earnings are supported by cash generation, strengthening financial resilience through semiconductor demand cycles.
Margin Expansion Potential
Repeated margin expansion, favorable mix toward newer products and planned footprint optimization support the potential for more durable profitability improvement. Management also identified utilization, Fab Right actions, mix and new products as substantial longer-term gross-margin drivers.
Bears Say
Automotive Revenue Pressure
Automotive remains a major end market, yet near-term revenue is expected to decline as supply is reallocated and customer deliveries are phased. Deferred inventory replenishment could delay recovery, making the company’s results more exposed to automotive timing and execution over coming quarters.
Higher Leverage And Deleveraging Need
Rising leverage reduces financial flexibility just as onsemi is pursuing acquisitions and investing in growth platforms. Management’s stated priority to delever means more cash may be directed toward balance-sheet repair, potentially limiting discretionary buybacks or other capital-allocation options.
Underutilized Manufacturing Base
Utilization at 83% leaves the company carrying approximately 450 basis points of charges relative to its long-term potential. Until demand and production volumes improve, this underabsorption can restrain margins and prevent the manufacturing footprint from delivering its full earnings contribution.
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ON Semiconductor Stock 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.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Hassane S. El-Khoury
- Employees
- 22,600
- Website
- www.onsemi.com
- Address
- 5701 North Pima Road, Scottsdale, AZ, 85250, US
ON Semiconductor (0KC4) Earnings & Revenues
0KC4 Company Deck
0KC4 Earnings Call
Earnings Call SentimentPositive
The call was strongly positive, supported by Q3 revenue and earnings above guidance, accelerating AI data center growth, improving industrial demand, automotive content gains, expanding margins, strong free cash flow and a raised 2030 AI data center revenue target. The principal challenges were temporary supply constraints, deferred automotive inventory replenishment, an expected high-single-digit automotive revenue decline in Q4 and flat near-term utilization. Highlights significantly outweighed the lowlights.
View all GB:0KC4 earnings summaries0KC4 Net sales Breakdown
- 46.79% Power Solutions Group
- 37.73% Analog and Mixed-Signal Group
- 15.49% Intelligent Sensing Group
0KC4 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 10 | 5 | 7 |
| Technical Analysis | 4 | 5 | 1 |
| Moving Averages | 6 | 0 | 6 |










