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)1.95K
Market Cap
$524.19B
Enterprise Value$37.75B
Total Cash (Recent Filing)$3.86B
Total Debt (Recent Filing)$4.48B
Price to Earnings (P/E)45.4
Beta-0.02
Next Earnings
Nov 02, 2026EPS Estimate
16.48Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.58
Shares Outstanding389,311,700
10 Day Avg. Volume36
30 Day Avg. Volume1,953
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
$1,967.52Price Target Upside56.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
EPS Forecast (FY)59.94
Revenue Forecast (FY)$122.71B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationStrong free cash flow and cash conversion give onsemi internal funding for product investment, capacity needs, shareholder returns, and strategic actions. This financial flexibility can help the company navigate semiconductor cycles while preserving resources to pursue growth opportunities.
Margin Recovery And UtilizationImproving utilization is translating into higher gross margins, while management expects further sequential expansion. If sustained, this operating leverage can improve earnings quality and profitability as volumes recover, supporting stronger cash generation across future quarters.
AI Data Center GrowthRapid AI data center growth adds a structurally expanding demand stream to onsemi’s power portfolio. Greater exposure to power-intensive computing, alongside silicon carbide opportunities, can diversify end-market demand and support durable revenue growth beyond traditional automotive cycles.
Bears Say
Below-Peak ProfitabilityAlthough profitability has rebounded, margins remain materially below the company’s recent peak levels, indicating that earnings power has not fully recovered. This limits the durability of current returns and leaves future results more dependent on continued volume, mix, and utilization improvement.
Supply ConstraintsPersistent lead-time extension and non-fungible manufacturing capacity can prevent onsemi from converting demand into sales across all target markets. Allocation decisions may also delay automotive and industrial customer volumes, limiting near-term growth and potentially affecting customer relationships.
Acquisition Execution And FinancingThe enlarged all-cash Synaptics transaction creates integration and financing execution requirements before its expected mid-2027 close. Remaining approvals and added borrowing could increase complexity and leverage, making the strategic benefits dependent on disciplined completion and integration.
ON Semiconductor News
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 $524.19B.
When is ON Semiconductor’s upcoming earnings report date?
ON Semiconductor’s upcoming earnings report date is Nov 02, 2026 which is in 2 days.
How were ON Semiconductor’s earnings last quarter?
ON Semiconductor released its earnings results on Aug 03, 2026. The company reported $13.902 earnings per share for the quarter, beating the consensus estimate of $13.433 by $0.47.
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 16.48.
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 $13.902 in its last earnings report, beating expectations of $13.433. 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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$1,967.52 (56.15% Upside)
$1,967.52 (56.15% Upside)
Blogger Sentiment
Bullish
MX:ON Sentiment 86%
Sector Average 64%
Sector Average 64%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Negative
20 days / 200 days
Momentum
40.94%
12-Months-Change
Fundamentals
Return on Equity
8.38%
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
$1,967.52
▲(56.15% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Analog Devices
―
Microchip
―
NXP Semiconductors
―
STMicroelectronics
―
Texas Instruments
―












