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Last updated 3 minutes ago

ON·ON Semiconductor Corporation

$.
-. (-.%)
After Hours
High
$136.63
Open
$128.94
Market Cap
49.77B
52W High
$129.13
Low
$120.03
P. Close
$124.87
P/E
86.76
52W Low
$40.62
Fwd P/E
182.72
Mean Target
$104.76
Technical Score (1D)
86
BUY
News Sentiment
76
BULLISH
onsemi shares saw a notable jump, driven by an increased price target from Bank of America. The firm reiterated its Buy rating and raised its target to $138, citing underappreciated multi-year content gains as a key factor. This analyst upgrade suggests potential upside from improving industrial and automotive cycles, as well as growing demand for AI data center chips. The positive sentiment from this upgrade also contributed to a broader rally within the semiconductor sector. Investors will be watching to see if these content gains materialize and if the industrial and automotive sectors continue their recovery, alongside sustained demand for AI-related semiconductor applications.
Earnings Summary
ON Semiconductor (ON) is a global provider of intelligent sensing and power solutions, operating within the technology sector's semiconductor industry. The company focuses on delivering essential semiconductor products for power management, circuit protection, and signal processing, targeting key markets such as automotive, industrial, and computing. ON Semiconductor's strategic positioning aims to leverage the increasing demand for advanced semiconductor technologies worldwide. In its recent earnings performance, ON Semiconductor has shown a mixed trend. For Q4 2025, the company reported actual EPS of $0.64, narrowly missing the estimated $0.6414, while actual revenue was $1.53 billion against an estimate of $1.58 billion. The preceding quarter, Q3 2025, saw actual EPS of $0.63, beating the estimate of $0.59081, with actual revenue at $1.55 billion. Earlier in the year, Q2 2025 reported actual EPS of $0.53, slightly missing the estimate of $0.53208, and Q1 2025 showed actual EPS of $0.55, surpassing the estimate of $0.50186. This pattern indicates a tendency to beat EPS estimates in some quarters while missing in others, with revenue estimates not consistently provided in the earlier periods. Historically, ON Semiconductor's year-over-year growth trajectory has been influenced by market dynamics. The company has demonstrated an ability to exceed analyst expectations in specific quarters, such as Q1 2025 and Q3 2025 for EPS. However, there have also been instances of misses, like in Q4 2025 for both EPS and revenue, and Q2 2025 for EPS, suggesting an inconsistent beat/miss pattern against analyst consensus. Recent news highlights strong Q1 results driven by AI data center demand and automotive stabilization, with management expressing optimism for a multi-year growth cycle. However, this positive outlook is tempered by concerns over a slowdown in silicon carbide and increased competition in the CIS market. Notably, one fund liquidated its holdings due to perceived weak results, indicating divided market sentiment despite positive operational updates and exceeding Q2 guidance. Looking ahead, investors will be closely watching ON Semiconductor's ability to sustain its AI-driven momentum and navigate competitive pressures in key markets. Key will be the continued ramp-up of its Treo platform and the sustained demand in AI data centers to validate the company's growth narrative, alongside any further signs of recovery in the automotive sector.

EPS

EstBeatMiss
$0.47$0.54$0.61$0.68$0.75Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$0.71 - -
Q1'26$0.62$0.64+3.3%
Q4'25$0.64$0.64-0.2%
Q3'25$0.59$0.63+6.6%
Q2'25$0.53$0.53-0.4%
Q1'25$0.50$0.55+9.6%

Revenue

EstBeatMiss
$1.4B$1.5B$1.5B$1.6B$1.7BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$1.6B - -
Q1'26$1.5B$1.5B-1.2%
Q4'25$1.6B$1.5B-3.3%
Q3'25 - $1.6B -
Q2'25 - $1.5B -
Q1'25 - $1.4B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

ON Stock Snapshot

ON is currently trading at $124.89, giving ON Semiconductor Corporation a market cap of 49.77B and a P/E ratio of 86.8. Today's range spans $120.03–$136.63, with shares opening at $128.94 and moving up $0.02 (0.0%) from the prior close. DailyIQ's technical score sits at 86/100 (BUY) with a news sentiment reading of 76/100.

Over the past year ON has traded between $40.62 and $129.13 - the current price is +207.5% off the 52-week low and -3.3% from the high. 46 analysts cover the stock with a Hold consensus and a mean 12-month target of $104.76 (range $68.00–$138.00), implying downside of -16.1%.

Algorithmic and quant fund activity in ON tends to intensify when the technical score crosses the 86/100 threshold - systematic models in large-cap Technology names trigger entry signals at these levels, adding momentum to what may have started as fundamental-driven buying. Signal: BUY. Sentiment: bullish (76/100). Price: $124.89 (near 52-week highs). The current P/E ratio stands at 86.8. Annual range: $40.62–$129.13.

Earnings revision cycles in large-cap Technology names tend to compound: when technicals confirm a BUY thesis (86/100) and news sentiment (76/100, bullish) supports the narrative, analyst upgrades follow price rather than lead it. At $124.89 (near 52-week highs), ON's position within the $40.62–$129.13 annual range suggests there's room for multiple expansion before the stock encounters meaningful technical resistance.