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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)8.91M
Market Cap
$28.96B
Enterprise Value$37.75K
Total Cash (Recent Filing)$3.86B
Total Debt (Recent Filing)$4.48B
Price to Earnings (P/E)47.1
Beta1.83
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. Volume7,118,016
30 Day Avg. Volume8,906,731
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
$108.44Price Target Upside49.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
EPS Forecast (FY)3.2
Revenue Forecast (FY)$6.55B
Bulls Say, Bears Say
Bulls Say
AI And Power GrowthThe upgraded AI data-center outlook and silicon carbide growth indicate expanding demand for onsemi’s power solutions in structurally important applications. These programs can support multi-year design wins, improve product mix, and broaden the company’s role in energy-efficient computing infrastructure.
Margin And Cash RecoveryImproving gross margin alongside sharply higher free cash flow shows that the earnings recovery is converting into tangible financial resources. Continued utilization gains and guided 40%–42% gross margin could strengthen reinvestment capacity and support durable shareholder returns.
Liquidity And Capital DisciplineSubstantial liquidity and restrained capital spending provide financial flexibility while onsemi pursues growth in power, sensing, and AI infrastructure. Strong liquidity can help fund strategic investments, absorb industry volatility, and preserve optionality without requiring heavy near-term capital outlays.
Bears Say
Margins Below Prior PeakAlthough profitability has rebounded, current margins remain materially below the company’s recent peak cycle. This weaker earnings base leaves less room for setbacks and means the recovery still depends on sustained utilization improvement, favorable mix, and successful pricing actions.
Persistent Input-cost PressurePersistent input-cost inflation can erode semiconductor margins if price increases lag cost growth or customers resist pass-through. Because management does not expect costs to decline soon, the pressure may remain relevant across several quarters and could limit the durability of margin expansion.
Capacity ConstraintsExtended lead times and constrained, non-fungible manufacturing capacity limit onsemi’s ability to satisfy all demand even as utilization improves. Continued allocation trade-offs could defer automotive and industrial revenue, constrain customer service, and prevent the company from fully capturing growth opportunities.
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 $28.96B.
When is ON Semiconductor’s upcoming earnings report date?
ON Semiconductor’s upcoming earnings report date is Nov 02, 2026 which is in 56 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 0.87.
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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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$108.44 (49.56% Upside)
$108.44 (49.56% Upside)
Blogger Sentiment
Bullish
ON Sentiment 82%
Sector Average 60%
Sector Average 60%
Hedge Fund Trend
Decreased
By 9.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
54.76%
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 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
$108.44
▲(49.56% Upside)
Technical Analysis
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Ownership Overview
0.50% Insiders
39.62% Mutual Funds
13.27% Other Institutional Investors
12.78% Public Companies and Individual Investors