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ON Semiconductor (ON) Stock Price & Analysis

6,132 Followers

ON Stock Chart & Stats

$63.31$0.30(0.48%)
At close: 4:00 PM EST
$70$80Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
$61.90 - $66.70
52-Week Range
$44.56 - $134.92
Previous Close
$63.01
Volume
N/A
Average Volume (3M)
11.38M
Market Cap
$24.53B
Enterprise Value
$34.09B
Total Cash (Recent Filing)
$4.37B
Total Debt (Recent Filing)
$4.71B
Price to Earnings (P/E)
36.0
Beta
1.87
Next Earnings
Feb 08, 2027 (Est.)
EPS Estimate
1.01
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Strong Cash Generation And Liquidity

Strong operating cash flow and high free-cash-flow conversion indicate solid earnings quality and provide funding for investment, acquisitions, and balance-sheet management. Liquidity of approximately $5.9 billion also gives onsemi flexibility to support growth while absorbing cyclical semiconductor demand changes.

Rapid AI Data Center Growth

Rapid AI data center growth is creating a substantial structural expansion opportunity beyond onsemi’s traditional markets. Volume shipments across multiple power rails and platforms can broaden customer exposure, increase product content, and support sustained revenue growth as AI infrastructure scales.

Sustainable Margin Expansion Potential

Five consecutive quarters of gross-margin expansion suggest improving operating leverage rather than a single-period benefit. Favorable product mix, utilization improvements, and manufacturing-footprint optimization provide identifiable avenues for additional margin gains as newer products become a larger share of sales.

Bears Say

Near-term Automotive Weakness

Automotive remains a major end market, so a high-single-digit quarterly decline can weigh on consolidated revenue and factory utilization. Deferred replenishment and delivery timing also make near-term automotive performance less predictable, even though management expects growth to resume in 2027.

Persistent Manufacturing Underutilization

Utilization below long-term potential keeps fixed manufacturing costs spread across fewer units and limits current margin realization. The continued underutilization charge indicates that capacity efficiency remains an earnings constraint until demand improves or product mix and footprint actions absorb more available capacity.

Higher Leverage And Lower Returns

Rising leverage alongside materially lower returns on equity reduces financial flexibility and makes capital allocation more dependent on sustained cash generation. Management’s stated priority to delever after the Synaptics investment may also constrain buybacks or other uses of capital over the medium term.

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 $24.53B.
When is ON Semiconductor’s upcoming earnings report date?
ON Semiconductor’s next earnings report is estimated for Feb 08, 2027 (not yet confirmed), which is in 93 days.
How were ON Semiconductor’s earnings last quarter?
ON Semiconductor released its earnings results on Nov 02, 2026. The company reported $0.9 earnings per share for the quarter, beating the consensus estimate of $0.876 by $0.024.
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 1.01.
How many shares outstanding does ON Semiconductor have?
ON Semiconductor has 389,284,500 shares outstanding.
What happened to ON Semiconductor’s price movement after its last earnings report?
ON Semiconductor reported an EPS of $0.9 in its last earnings report, beating expectations of $0.876. Following the earnings report the stock price went up 3.552%.
Which hedge fund is a major shareholder of ON Semiconductor?
Hedge funds hold ON Semiconductor shares: the largest hedge-fund position in ON Semiconductor is 71,886,054 shares, and hedge funds decreased their holdings by 8.3M shares last quarter.
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