Inside the research
ON Semiconductor Corporation
ON Research profile · latest available data
Price overview
$77.20
▲ +4.05 (+5.5%)
| 52w hi | $133.93 |
|---|---|
| 52w lo | $44.90 |
| Vol | 11.19M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.06
| Short | -0.73 |
|---|---|
| Medium | +0.26 |
| Long | +0.64 |
computed 2026-09-27
Key fundamentals
ON Semiconductor Corporation
Technology · Semiconductors
| Market cap | $30.06B |
|---|---|
| Enterprise value | $30.92B |
| Trailing P/E | 51.13x |
| Forward P/E | 17.05x |
| EV / EBITDA | 14.79x |
| P / S (ttm) | 4.85x |
| Profit margin | 10.2% |
| Return on equity | 8.3% |
| Revenue growth | +9.2% |
| Earnings growth | +36.6% |
| Debt / equity | 65.06 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.28 | |
| Sector | +0.24 | |
| Technical | -0.41 | |
| Earnings | +0.00 | |
| Sentiment | +0.01 |
macro × 1.00 · 2026-09-27
Business overview
ON Semiconductor Corporation provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally. It operates through three segments: Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and integrated semiconductor devices designed to enable power conversion, including power switching, signal conditioning, and circuit protection technologies. Its Analog and Mixed-Signal Group segment designs and develops analog and mixed-signal solutions, including power management, sensor interface, connectivity, and standard products for automotive, industrial automation, AI data centers, computing, and mobile end markets. The Intelligent Sensing Group segment develops complementary metal-oxide-semiconductor image sensors, image signal processors, short-wave infrared sensors, and other products, as well as photon-counting technologies, including single-photon avalanche diode arrays and silicon photomultiplier devices for depth sensing, factory automation, safety systems, and robotics industries. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Scottsdale, Arizona.
Risk Metrics
| Beta vs SPX | 2.13 |
|---|---|
| Corr SPX | 0.57 |
| Annual vol | 60.0% |
| Annual ret | +23.3% |
| Sharpe | 0.39 |
| Max DD | -57.2% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $103.45 |
|---|---|
| High / Low | $125.00 / $68.00 |
| Median | $101.00 |
| Analysts | 29 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 13 | |
| Hold | 19 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-06 | Citigroup | → Neutral |
| 2026-05-06 | Barclays | → Equal-Weight |
| 2026-05-05 | Wells Fargo | → Overweight |
| 2026-05-05 | Truist Securities | → Hold |
| 2026-05-05 | TD Cowen | → Buy |
| 2026-05-05 | Susquehanna | → Positive |
Officers & Board
| Director | Christina Lampe Önnerud since 2023 |
|---|---|
| CEO | Hassane El-Khoury since 2020 |
| Director | Paul Mascarenas since 2014 |
| CEO | Keith D. Jackson 2002–2020 |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-13 | Other Material Event | read |
| 2026-08-03 | Earnings Release, Exhibits | read |
| 2026-06-25 | Material Agreement, Other Material Event… | read |
| 2026-05-18 | Officer / Director Change, Shareholder Vote | read |
| 2026-05-12 | Material Agreement, Material Obligation… | read |
| 2026-05-07 | Other Material Event, Exhibits | read |
| 2026-05-06 | Other Material Event, Exhibits | read |
| 2026-05-04 | Earnings Release, Exhibits | read |
| 2026-03-11 | Officer / Director Change | read |
| 2026-02-09 | Earnings Release, Exhibits | read |
| 2025-11-17 | 2.06 | read |
| 2025-11-05 | Officer / Director Change | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 87.7% |
| HHI | 1,758 (moderate) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| AQR Capital Management | $59.42M | 628.55K |
| State Street Corp | $48.02M | 39.90M |
| Citadel Advisors | $38.52M | 31.90M |
| Millennium Management | $36.91M | 30.50M |
| Fidelity / FMR LLC | $25.17M | 20.89M |
| Renaissance Technologies | $23.46M | 248.20K |
| Bridgewater Associates | $5.52M | 58.38K |
| T. Rowe Price Group | $111.81K | 1.18M |
| Capital Research / Capital World | $106.64K | 88.50K |
As of 2026-06-30
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $64.35K | Department of Defense | WAFER |
| $46.70K | National Aeronautics and Space Administration | CUSTOM DETECTORS AND SHIPPING |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $6.00B | +7.4% | |
| Gross profit | $1.98B | +5.0% | |
| Operating income | $84.20M | -10.8% | |
| Net income | $121.00M | -6.1% | |
| Cash from ops | $1.76B | +13.1% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $74.27 | $77.68 | $73.66 | $77.20 | 11.19M |
| Sep 24 | $72.50 | $73.30 | $71.79 | $73.15 | 10.45M |
| Sep 23 | $73.77 | $74.48 | $72.21 | $74.10 | 9.15M |
| Sep 22 | $71.75 | $73.83 | $71.18 | $73.60 | 11.95M |
| Sep 21 | $71.00 | $72.05 | $68.17 | $71.72 | 12.33M |
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