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ON Stock Chart & Stats
$72.51
-$3.32(-3.68%)
At close: 4:00 PM EDT
$72.51
-$3.32(-3.68%)
Day’s Range― - ―
52-Week Range$44.56 - $134.92
Previous CloseN/A
Volume7.35M
Average Volume (3M)11.30M
Market Cap
$28.04B
Enterprise Value$37.75B
Total Cash (Recent Filing)$3.86B
Total Debt (Recent Filing)$4.48B
Price to Earnings (P/E)45.6
Beta1.80
Next Earnings
Nov 02, 2026EPS Estimate
0.88Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.58
Shares Outstanding389,311,700
10 Day Avg. Volume10,201,640
30 Day Avg. Volume11,297,383
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 Cap1.35
Enterprise Value/Revenue6.09
Enterprise Value/Gross Profit16.27
Enterprise Value/Ebitda24.48
Forecast
1Y Price Target
$104.53Price Target Upside44.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
EPS Forecast (FY)3.2
Revenue Forecast (FY)$6.56B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationStrong free cash flow and cash conversion provide internal funding for product investment, capacity optimization, and shareholder returns. This financial flexibility can help onsemi navigate cyclical semiconductor demand while reducing reliance on external financing for its medium-term growth priorities.
Margin Recovery And UtilizationImproving utilization is already translating into higher gross margins, and management expects further sequential expansion as fixed manufacturing costs are absorbed. This supports operating leverage and indicates that profitability can recover further if demand remains sufficient across the company’s targeted markets.
AI And Silicon Carbide GrowthExposure to AI data-center power demand and expanding silicon-carbide adoption gives onsemi participation in structural growth areas requiring efficient power conversion. Continued design wins and program ramps could improve mix, support revenue growth, and strengthen its position in high-value applications.
Bears Say
Profitability Below Prior PeaksAlthough earnings have rebounded from the down-cycle, current margins remain materially below recent peak levels, showing that the recovery is incomplete. Lower profitability limits the cushion available for investment and makes future earnings more sensitive to product mix, utilization, and end-market conditions.
Persistent Input-Cost InflationOngoing input-cost inflation can pressure gross margins even as onsemi implements additional price increases. The need to pass through costs also creates execution risk, because delayed customer acceptance or competitive pressure could prevent pricing actions from fully protecting profitability over the coming quarters.
Capacity And Supply ConstraintsExtended lead times and non-fungible manufacturing capacity limit onsemi’s ability to serve all sources of demand simultaneously. Continued allocation decisions could defer automotive or industrial revenue, weaken customer service, and constrain the company’s ability to convert strong orders into near-term sales.
ON Semiconductor News
ON FAQ
What was ON Semiconductor’s price range in the past 12 months?
ON Semiconductor lowest stock price was $44.56 and its highest was $134.92 in the past 12 months.
What is ON Semiconductor’s market cap?
ON Semiconductor’s market cap is $28.04B.
When is ON Semiconductor’s upcoming earnings report date?
ON Semiconductor’s upcoming earnings report date is Nov 02, 2026 which is in 14 days.
How were ON Semiconductor’s earnings last quarter?
ON Semiconductor 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 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 0.88.
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 $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?
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
1
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$104.53 (44.15% Upside)
$104.53 (44.15% Upside)
Blogger Sentiment
Bullish
ON Sentiment 91%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 9.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 6.1%
Last 30 Days ▲ 6.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
35.96%
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 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
Average Price Target
$104.53
▲(44.15% Upside)
Technical Analysis
Analog Devices
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Ownership Overview
0.50% Insiders
39.62% Mutual Funds
1.20% Other Institutional Investors
22.00% Public Companies and Individual Investors