ON Earnings

ON reported its earnings on 2026-05-04, showcasing a revenue of 1.51B against an estimate of 1.49B, resulting in a 1.56% surprise. The EPS was 0.64, surpassing the expected 0.61 by 4.92%. The stock experienced a 0.62% price change on the earnings day and a 1.14% change over the next five days, reflecting market reactions to the results.

Following ON's earnings announcement on 2026-05-04, the stock price moved by 0.62% on the day of the release. Over the subsequent five days, it saw a 1.14% change. Historically, ON's stock price tends to shift by an average of 0.58% in the 10 days leading up to earnings and 1.7% in the 10 days following, providing insight into potential market.

For 2026/Q2, analysts estimate ON's annual revenue to reach 1.56B, while the EPS is projected at 0.68. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between ON's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, ON's stock price typically moves by 0.58% in the 10 days before its earnings and 1.7% in the 10 days after. For the upcoming 2026/Q2 earnings, analysts expect an EPS of 0.68 and revenue of 1.56B.

The earnings report shows strong financial metrics, with revenue, margins, and net income all increasing year-over-year. However, significant risks such as supply chain disruptions, economic uncertainties, and competitive pressures could dampen investor confidence. The lack of strategic initiatives and operational updates, along with no shareholder return information, further neutralizes the overall sentiment. Therefore, the stock price is likely to remain stable over the next two weeks, falling into the neutral category.