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ON Semi is a leading semiconductor supplier delivering intelligent power and sensing solutions for automotive, industrial, and AI applications.

Snapshot
Country USA USA
ExchangeNasdaq
AI Layer chips
Category 2.60 Semiconductors & Chip Design
Sentiment 58.0%
USD Mkt Cap29.64B
USD Revenue6.20B
USD Net Income630.20M
P/E49.76
fwd P/E16.81
PEG0.16
Price 3M-36.0%
Price 6M+28.7%
Price 1Y+56.1%
Price 2Y+5.0%
USD Share Price75.33
Price History
Price & Size
Price 76.14 USD
Market Cap 29.64B USD
Shares Outstanding 389.32M
Shares Float 387.63M
52w Low 44.56 USD
52w High 134.92 USD
Avg Volume 10.63M
Valuation
P/E (trailing) 49.8x
P/E (forward) 16.8x
P/B 4.11x
Enterprise Value 30.51B USD
Book Value / Share 18.54 USD
PEG Ratio 0.16x
P/S 4.78x
EV / Revenue 4.92x
EV / EBITDA 14.60x
Income
Revenue 6.20B USD
Revenue / Share 15.57 USD
EBITDA 2.09B USD
Net Income 630.20M USD
EPS (trailing) 1.53 USD
EPS (forward) 4.53 USD
Margins & Profitability
Gross Margin 42.8%
Operating Margin 19.5%
Profit Margin 10.2%
EBITDA Margin 33.7%
Return on Equity 8.3%
Return on Assets 6.8%
Growth
Revenue Growth 9.2%
Earnings Growth 36.6%
Cash & Debt
Total Cash 3.86B USD
Total Debt 4.71B USD
Free Cash Flow 1.66B USD
Operating Cash Flow 1.67B USD
Debt / Equity 0.65x
Current Ratio 3.46x
Quick Ratio 2.29x
Dividend
Payout Ratio 0.0%
Risk
Beta 2.00
Analyst Consensus
Target (Mean) 107.08 USD
Target (Median) 105.00 USD
Target (High) 150.00 USD
Target (Low) 85.00 USD
Recommendation buy
# Analysts 25
Identifiers
ISINUS6821891046
CUSIP682189104
FIGIBBG000DV8ZY3
SEDOL2379504
Sentiment 58.0%
Positive drivers

Growing adoption of ON Semi's power management and sensor solutions in AI data centers and automotive applications drove positive analyst commentary. Strategic expansions in silicon carbide production positioned the company for long-term AI infrastructure demand. Several institutional investors increased holdings following industry reports highlighting ON's competitive edge.

Neutral / mixed

Broader semiconductor sector volatility from supply chain disruptions created mixed trading patterns without company-specific catalysts. Earnings guidance aligned with prior expectations, offering neither strong upside surprises nor major disappointments. Ongoing integration of recent acquisitions showed steady but unremarkable progress.

Negative drivers

Intensifying competition from larger AI chipmakers pressured margins and market share in key segments. Macroeconomic concerns over potential recession impacts weighed on investor sentiment for cyclical semiconductor stocks. Recent stock underperformance relative to peers reflected broader tech sector rotation.

Bottom line

Sentiment for ON Semi remains mildly positive overall, supported by AI tailwinds but tempered by competitive and macro pressures. The 30-day window reflects a balanced but cautious outlook heading into late 2026.