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ON Semiconductor Corporation

ON

NASDAQ·Technology·Semiconductors·Mkt cap $29.0B

$74.38

+0.99%

P/E

47.08

Mkt Cap

$29.0B

52-Wk Range

$44.56–$134.92

52-Week Range

$44.56 - $134.92

P/E

47.08

Fwd P/E

23.25

Beta

2.00

Div Yield

0.00%

Avg Vol

11.4M

Shares Out

391.9M

Mkt Cap

$29.0B

Price action

Price chart

Up 52.2% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Specialized semiconductor technology
  • Broad application portfolio
  • Strong focus on emerging tech markets
  • Advanced R&D capabilities

Bear Case

1 risk

  • Above-average volatility (beta 2.0).

Growth

Stable outlook

Electric vehicle electrification

Value

Undervalued - trading well below Analog & Mixed Signal peers

Momentum

Falling

-38.5% over 3m

Quality

Stable

Solid business

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 2, 2026

Q3 26 RECAP

AUG 3, 2026

Reported EPS of $0.74 vs $0.72 consensus (+3.5% surprise). Revenue of $1.6B vs $1.6B expected (+0.9%). Beat on both top and bottom lines.

EPS beat +3.5%
Rev beat +0.9%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+3.5%

Revenue trend · last 8Q

-15%

-22%

-15%

-12%

-11%

+5%

+9%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$1.8B

$1.7B

$1.4B

$1.5B

$1.6B

$1.5B

$1.5B

$1.6B

Margins · last 8Q

Gross

38.4%

Operating

16.1%

Profit

14.1%

Wall Street consensus

20 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

10

50%

Hold

10

50%

Sell

0%

Median Price Target

$95.00

+27.7% vs $74.38

Low $95.00
Median $95.00
High $95.00

Latest: Bernstein · Aug 12, 2026

1 analyst covering

vs Industry

How ON stacks vs Semiconductors

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.