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ON Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
122.180
Open
117.890
VWAP
120.46
Vol
19.84M
Mkt Cap
47.66B
Low
117.575
Amount
2.39B
EV/EBITDA(TTM)
25.88
Total Shares
391.90M
EV
48.28B
EV/OCF(TTM)
34.57
P/S(TTM)
8.13
ON Semiconductor Corporation is engaged in providing intelligent power and intelligent sensing solutions. The Company’s intelligent power technologies enable the electrification of drivetrain in the automotive industry to allow for lighter and longer-range electric vehicles. Its segments include Power Solutions Group (PSG), the Analog and Mixed-Signal Group (AMG) and the Intelligent Sensing Group (ISG). PSG segment provides a portfolio of discrete, module, and integrated semiconductor devices designed to enable conversion across artificial intelligence (AI) data centers, energy infrastructure, automotive and industrial. AMG segment designs and develops a range of analog and mixed-signal solutions including power‑management, sensor‑interface, connectivity, and products that serve automotive, industrial automation, AI data center, computing, and mobile end markets.
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Events Timeline

(ET)
2026-05-26
19:40:00
Market Optimism Drives Crude Oil Prices Lower
select
2026-05-26
10:00:00
Micron and Others See Significant Stock Gains
select
2026-05-13 (ET)
2026-05-13
10:00:00
ON Semiconductor Gains $7.32 to $111.43
select

News

NASDAQ.COM
8.5
06-20NASDAQ.COM
PinnedON Semiconductor Set to Benefit from AI Inference Spending Surge
  • Surge in AI Inference Spending: AI inference spending is projected to surpass data center infrastructure spending in the coming years, positioning ON Semiconductor as a major beneficiary due to its strong foothold in the power semiconductor sector.
  • Data Center Revenue Boom: ON Semiconductor's data center revenue is expected to reach $250 million in 2025, reflecting a 30% increase from 2024, which will provide robust momentum for the company's long-term expansion, particularly in collaboration with Nvidia.
  • Future Growth Expectations: CEO Hassane El-Khoury anticipates that data center revenue will double to $500 million in 2026, significantly enhancing the company's position within the overall $6.47 billion revenue forecast, indicating that the market may be underestimating its potential.
  • Diversified Market Opportunities: Beyond electric vehicles and industrial markets, ON Semiconductor is expanding into edge inference applications in smart manufacturing and healthcare diagnostics, further strengthening its competitive edge in the rapidly evolving AI landscape.
Fool
8.5
06-20Fool
ON Semiconductor Positioned to Benefit from AI Spending Surge
  • Inference Spending Surpass Infrastructure: In the coming years, inference spending is expected to surpass data center infrastructure spending, positioning ON Semiconductor to benefit significantly in the AI sector, particularly against the backdrop of rapid growth in the electric vehicle and industrial markets.
  • Data Center Revenue Growth: ON Semiconductor's data center revenue grew by 30% in Q1, projected to reach $250 million by 2025, making this growth a key driver for the company's multi-year expansion, pushing overall sales to $6 billion.
  • Future Growth Expectations: CEO Hassane El-Khoury anticipates that the company's data center revenue will double in 2026, implying about $500 million, which may exceed market expectations of $6.47 billion in total revenue, indicating strong market potential.
  • Market Demand Potential: As inference spending increases demand for power semiconductors, ON Semiconductor's capability to meet the needs of the new generation of data centers and edge inference will position it favorably in future market competition.
Yahoo Finance
2.0
06-20Yahoo Finance
Electric Vehicles as Keystone Species in Tech Stack
  • Tesla's Strong Earnings: Tesla reported Q1 FY2026 revenue of $22.39 billion, a 15.78% year-over-year increase, with automotive gross margin rising from 16.2% to 21.1%, indicating robust market demand and profitability.
  • EV Market Growth: The volume of electric vehicles has driven down battery costs, creating a positive feedback loop that has scaled wide-bandgap semiconductor technology for grid applications, further advancing technological progress in the sector.
  • Surge in Silicon Carbide Demand: On Semiconductor and Wolfspeed saw stock price increases of 124.6% and 229.75%, respectively, reflecting strong demand for silicon carbide in electric vehicles and AI data centers, showcasing rapid industry growth potential.
  • Investor Focus on Power Electronics: Power electronics is viewed as the
seekingalpha
6.0
06-15seekingalpha
Citi Raises Price Targets for Texas Instruments and ON Semiconductor
  • Price Target Increase: Citi raised Texas Instruments' (TXN) price target from $280 to $345 while reiterating it as a top pick, anticipating significant share gains in the data center power market starting in 2H26, which is expected to enhance the company's performance.
  • Optimistic Outlook for ON: Citi raised ON Semiconductor's (ON) price target from $100 to $120, maintaining a Neutral rating, but analysts are optimistic about its Silicon Carbide (SiC) business recovery amid the 800V DC transition, expecting renewed momentum to be showcased at the Analyst Day on September 16.
  • Market Growth Potential: Analysts project the power delivery market (800V-to-1V conversion) to grow from approximately $2 billion in 2026 to around $12 billion by 2028, with a compound annual growth rate exceeding 70%, driven by rising power requirements for next-gen GPU and ASIC chips.
  • Connector Market Opportunities: As the 800V DC transition progresses, analysts believe companies like Amphenol (APH) and TE Connectivity (TEL) will benefit from increased demand for power distribution and thermal management units, further solidifying their market positions.
NASDAQ.COM
8.5
06-14NASDAQ.COM
Analysis of S&P 500 Index Fund Investments
  • Investment Recommendation: Most financial advisors recommend low-fee S&P 500 index funds like the Vanguard S&P 500 ETF (VOO) and SPDR S&P 500 ETF (SPY) for their convenience, although they are not perfect, they remain a top choice for many investors.
  • Concentration Risk: The top 10 components of the S&P 500 account for 39% of its total market value, with weights of 7.43% for Nvidia, 6.59% for Alphabet, and 6.48% for Apple, indicating a high concentration of investor funds in a few companies, which increases market volatility risk.
  • Alternative Investment Options: The Invesco S&P 500 Equal Weight ETF (RSP) offers a more balanced investment approach compared to standard market-cap-weighted funds, with a 15-year average annual return of 12%, lower than Vanguard's 14.4%, but may hold its value better during market downturns.
  • Long-Term Return Potential: While the Vanguard S&P 500 ETF has higher long-term returns, the Motley Fool analyst team suggests that there are currently 10 other stocks that could provide higher returns, prompting investors to consider these potential high-yield opportunities when making investment decisions.
Fool
8.5
06-14Fool
Analysis of S&P 500 ETF Investments
  • Concentration Risk: Standard S&P 500 ETFs like Vanguard and SPDR have their top 10 components accounting for 39% of total market value, despite representing only 2% of the index, indicating a high concentration of funds in a few companies, which may pose greater risks during market volatility.
  • Alternative Investment Options: The Invesco S&P 500 Equal Weight ETF offers a balanced investment approach, with quarterly rebalancing that equalizes stock weights; although it has averaged annual gains of 12%, lower than Vanguard's 14.4%, it may provide better resilience during market downturns.
  • Market Performance Comparison: The Vanguard S&P 500 ETF is currently priced at $681.95, with a 52-week range of $545.75 to $699.15, while the Invesco ETF is priced at $211.65, highlighting performance differences that investors should consider based on their risk tolerance.
  • Long-term Investment Strategy: While S&P 500 ETFs have shown strong performance in recent years, investors should be mindful of concentration risks, especially during market corrections, and consider balanced ETFs as part of a long-term investment strategy for more stable returns.
Wall Street analysts forecast ON stock price to rise
19 Analyst Rating
Wall Street analysts forecast ON stock price to rise
9 Buy
10 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
50.00
Averages
61.25
High
80.00
Current: 0.000
sliders
Low
50.00
Averages
61.25
High
80.00
Citi
Atif Malik
Neutral
maintain
$100 -> $120
AI Analysis
2026-06-15
Reason
Citi
Atif Malik
Price Target
$100 -> $120
AI Analysis
2026-06-15
maintain
Neutral
Reason
Citi analyst Atif Malik raised the firm's price target on On Semi to $120 from $100 and keeps a Neutral rating on the shares. Citi also opened an "90-day upside catalyst watch" ahead of the analyst day in September. The firm expects the company to detail its data center revenue opportunity during the event. It cites recent price increases and a stronger analog recovery amid data center demand for the target boost.
Mizuho
Outperform
maintain
$130 -> $150
2026-05-28
Reason
Mizuho
Price Target
$130 -> $150
2026-05-28
maintain
Outperform
Reason
Mizuho raised the firm's price target on On Semi to $150 from $130 and keeps an Outperform rating on the shares. The firm upped targets in the semiconductor space after analyzing the memory market and the impact of agentic AI. DRAM demand will be strong into 2027, high bandwidth memory's total addressable market is growing, and NAND demand is not slowing down, the analyst tells investors in a research note. Micron is Mizuho's top pick in the space.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ON
Unlock Now

Valuation Metrics

The current forward P/E ratio for ON Semiconductor Corp (ON.O) is 39.22, compared to its 5-year average forward P/E of 17.40. For a more detailed relative valuation and DCF analysis to assess ON Semiconductor Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
17.40
Current PE
39.22
Overvalued PE
22.11
Undervalued PE
12.69

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
12.17
Current EV/EBITDA
22.51
Overvalued EV/EBITDA
16.65
Undervalued EV/EBITDA
7.69

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.80
Current PS
6.49
Overvalued PS
4.58
Undervalued PS
3.01

Financials

AI Analysis
Annual
Quarterly

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ON Semiconductor Corp
26.55B

Whales Holding ON

C
Cathay Securities Investment Trust Co., LTD
Holding
ON
+71.07%
3M Return
R
Rafferty Asset Management, LLC
Holding
ON
+66.57%
3M Return
D
Defiance ETFs, LLC
Holding
ON
+49.19%
3M Return
S
Slate Path Capital LP
Holding
ON
+47.17%
3M Return
A
Analog Century Management, LP
Holding
ON
+45.84%
3M Return
A
Amundi Luxembourg S.A.
Holding
ON
+27.55%
3M Return

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Frequently Asked Questions

What is ON Semiconductor Corp (ON) stock price today?

The current price of ON is 121.62 USD — it has increased 7.7

What is ON Semiconductor Corp (ON)'s business?

ON Semiconductor Corporation is engaged in providing intelligent power and intelligent sensing solutions. The Company’s intelligent power technologies enable the electrification of drivetrain in the automotive industry to allow for lighter and longer-range electric vehicles. Its segments include Power Solutions Group (PSG), the Analog and Mixed-Signal Group (AMG) and the Intelligent Sensing Group (ISG). PSG segment provides a portfolio of discrete, module, and integrated semiconductor devices designed to enable conversion across artificial intelligence (AI) data centers, energy infrastructure, automotive and industrial. AMG segment designs and develops a range of analog and mixed-signal solutions including power‑management, sensor‑interface, connectivity, and products that serve automotive, industrial automation, AI data center, computing, and mobile end markets.

What is the price predicton of ON Stock?

Wall Street analysts forecast ON stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ON is61.25 USD with a low forecast of 50.00 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is ON Semiconductor Corp (ON)'s revenue for the last quarter?

ON Semiconductor Corp revenue for the last quarter amounts to 1.51B USD, increased 4.68

What is ON Semiconductor Corp (ON)'s earnings per share (EPS) for the last quarter?

ON Semiconductor Corp. EPS for the last quarter amounts to -0.08 USD, decreased -93.04

How many employees does ON Semiconductor Corp (ON). have?

ON Semiconductor Corp (ON) has 22600 emplpoyees as of June 21 2026.

What is ON Semiconductor Corp (ON) market cap?

Today ON has the market capitalization of 47.66B USD.