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ON Semiconductor Corporation

ON

Last
$77.53
Day
-2.4%
1y
+58.9%
5y
+76.9%
52w
-41.1%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-11-0223d
EMA 21
78.19
EMA 50
79.39
EMA 200
79.38
20d high
-8.6%
5y high
-41.1%
5y range
47th
Website · 22,600 employees · United States

Positions held

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Score
31
Hold
swing
Signal
Strong Buy
Target
$85.22
Stop
$74.57
Stop distance
3.8%
Target vs last
+9.9%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.

Bull case
  • ON Semiconductor is well-positioned in the semiconductor industry, benefiting from increasing demand for chips in various sectors including automotive and industrial applications.
  • Revenue increased by 6% compared to the prior quarter, reaching $1.6 billion.
  • The company has a strong buy recommendation with a score of 34.00, indicating positive market sentiment.
Bear case
  • The company's high trailing P/E ratio of 55.68 may indicate overvaluation compared to its earnings growth potential.
  • Net income was negative at -$33.4 million in Q1 2026, highlighting potential volatility in earnings.
  • The debt-to-equity ratio stands at 65.06, suggesting a relatively high level of debt which could pose risks in a rising interest rate environment.

Fundamentals

Market cap$30.92BEnterprise value$31.78BTrailing P/E51.23Forward P/E17.53
PEG0.18Price / book4.28Beta2.05Dividend yield0.00%
Revenue growth9.2%Earnings growth36.6%Gross margin42.8%Operating margin19.5%
Profit margin10.2%ROE8.3%ROA6.8%Debt / equity0.65
Current ratio3.46Free cash flow$1.66BAnalyst recommendationbuyMean target$104.46
52w high$134.9252w low$44.56

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$1.6B$1.5B$1.5B$1.6B$1.5B
Op margin18.7%18.2%16.9%18.3%16.5%
Net income$227M-$33.4M$182M$255M$170M
Gross margin38.4%38.5%36.0%37.9%37.6%
Gross profit$616M$583M$551M$587M$552M
Operating income$300M$276M$259M$284M$243M
  • Revenue +6% vs prior quarter ($1.6B vs $1.5B).
  • Gross margin 38.4% (was 38.5% prior quarter).

Yearly (6y)

20252024202320222021
Revenue$6.0B$7.1B$8.3B$8.3B—
Op margin12.5%26.9%31.7%33.2%—
Net income$121M$1.6B$2.2B$1.9B—
Gross margin33.1%45.4%47.1%49.0%—
Gross profit$2.0B$3.2B$3.9B$4.1B—
Operating income$751M$1.9B$2.6B$2.8B—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

ON · daily+58.3% over 260 sessions
Close EMA21 EMA50 EMA200
40.0464.8989.74114.59139.442025-092025-112026-012026-042026-062026-082026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$33M$376M$785M$1.2B$1.6B0%19%39%2025-Q22025-Q32025-Q42026-Q12026-Q2