Companies /Technology

ON Semiconductor Corp

NASDAQ: ON Semiconductors
$77.53
▼ $1.88 (−2.37%) today
Markets closed · 12:10pm ET

24/7 Wall St. View

ON at a Glance

Valuation
Market cap
$30.2B
P/E ratio
50.0
Profitability
Revenue (TTM)
$6.2B
Profit margin
10.2%
EPS (TTM)
$1.55
Price
52-week range
$45 – $135
24/7 target
$96.51
Street target
$104.46
Earnings
Next report
Nov 2, 2026
Q2 2026 EPS
$0.74
vs. $0.72 est.
+3.5%

Headquartered in Scottsdale, AZ Fiscal year ends December NASDAQ: ON onsemi.com

About ON Semiconductor

ON Semiconductor Corporation (onsemi) delivers intelligent power and sensing technologies that enable electrification, energy efficiency, safety, and automation across automotive, industrial, and AI data center end-markets. The company operates through three business segments: Power Solutions Group (PSG), Analog and Mixed-Signal Group (AMG), and Intelligent Sensing Group (ISG). Its product portfolio includes silicon carbide (EliteSiC) and gallium nitride (GaNEXUS) power solutions, silicon MOSFETs, controllers, and sensing technologies. onsemi serves customers in automotive applications such as zonal architecture and on-board charging, industrial infrastructure, and rapidly growing AI data center power management. The company is a component of the S&P 500 index and trades on Nasdaq under the ticker ON. onsemi recently announced the planned acquisition of Synaptics to expand into connected compute at accretive gross margins. Updated

Revenue by Segment · Q2 2026
  1. Power Solutions Group52%
  2. Analog and Mixed-Signal Group34%
  3. Intelligent Sensing Group14%

Latest Activity

Biggest movers · At the close
  • TERTeradyne$448.96+8.0%
  • AAOIApplied Optoelectronics$115.66+7.8%
  • SPCXSpaceX$159.36+7.6%
  • HPEHewlett Packard Enterprise$69.49+7.6%
  • ONON Semiconductor$84.8+5.9%
  • WDCWestern Digital$415.97-10.1%
  • STXSeagate Technology$851.39-10.0%
  • ACNAccenture$199.29-6.1%
  • APPAppLovin$268.89-4.4%
  • SOUNSoundHound AI$5.8-4.2%

The storage names took the worst of Friday's close, with Western Digital down 10.07% and Seagate off 9.96%. Teradyne led the whole 379-name board at +7.98%.

Biggest movers · On the open
  • ONON Semiconductor$85.07+6.2%
  • HOODRobinhood$118.02+6.2%
  • MARAMarathon Digital$11.9+6.2%
  • BEBloom Energy$293.61+5.8%
  • MSTRMicroStrategy$169.41+5.5%
  • STXSeagate Technology$805.97-14.8%
  • WDCWestern Digital$415.36-10.2%
  • LNGCheniere Energy$260.59-4.3%
  • APPAppLovin$270.73-3.8%
  • SNDKSanDisk$1,727.07-3.4%

Storage names are taking the brunt of the open, with Seagate down 14.8%. On the other side, ON Semiconductor leads the gainers, leaving the spread across this stock universe at roughly 21 points in a single session.

Biggest movers · At the close
  • ONON Semiconductor$77.19+5.5%
  • FNFabrinet$418.14+5.0%
  • DELLDell Technologies$561.77+4.8%
  • QCOMQualcomm$203.09+4.5%
  • SMCISuper Micro Computer$43.21+4.1%
  • ZSZscaler$193.43-9.9%
  • SSentinelOne$22.34-6.8%
  • IRENIren$44.11-4.4%
  • RBRKRubrik$109.41-3.9%
  • PANWPalo Alto Networks$375.02-3.8%

Chips and hardware took the top five slots at Thursday's close, led by ON Semiconductor's 5.52% gain, while every big decliner but one was a cybersecurity name. Zscaler's 9.88% drop to $193.43 was the worst in the group.

Biggest movers · At the close
  • CIFRCipher Mining$16.66+10.4%
  • BRKRBruker$60.87+9.2%
  • IQiQIYI$1.08+8.0%
  • COHRCoherent$290.33+7.1%
  • AXONAxon Enterprise$471.39+6.6%
  • ONON Semiconductor$66.66-8.9%
  • FANGDiamondback Energy$195.04-7.8%
  • APPSDigital Turbine$10.78-5.3%
  • ACHRArcher Aviation$5.22-4.6%
  • DUOLDuolingo$148.19-3.7%

Cipher Mining closed the session up 10.4% at $16.66, the widest gain across 111 priority names. At the other end, ON Semiconductor gave up 8.9% and Diamondback Energy 7.8%, a roughly 19-point spread between the best and worst names on the day.

ONON Semiconductor
Regular session
$68.11
-8.48%open $74.42

An 8.5% single-session slide to $68.11 knocks roughly $2 billion off the chipmaker's market value, and moves that size are rare for this name. The $74.42 open is now the level bulls need to reclaim.

ONON Semiconductor
After-hours
$76.14
+7.27%open $70.98

A 7.3% pop to $76.14 is a big single-session jump for a $29.6 billion chipmaker, adding roughly $2 billion in market value off the $70.98 open. Watch whether the after-hours level holds into the next open.

Biggest movers · At the close
  • HPEHewlett Packard Enterprise$61.96+12.2%
  • DELLDell Technologies$564.87+11.5%
  • ONON Semiconductor$75.86+8.1%
  • SMCISuper Micro Computer$40.08+7.2%
  • CIFRCipher Mining$16.9+6.0%
  • SMRNuScale Power$8.7-14.8%
  • DOCNDigitalOcean$121.99-6.9%
  • SNDKSanDisk$1,632.76-3.5%
  • RBRKRubrik$86.6-2.6%
  • NETCloudflare$303.72-2.4%

Server hardware owned Friday's close: Hewlett Packard Enterprise added 12.2% and Dell 11.5%, with ON Semiconductor and Super Micro also finishing up more than 7%. NuScale Power sat at the other extreme, down 14.8% to $8.70.

ON Coverage

7:25am ET
Investing

Why I’ve Begun Accumulating ON Semiconductor

The market still prices ON Semiconductor like a struggling cyclical, but the power infrastructure feeding AI data centers, EV platforms, and grid-scale storage tells a completely different story about where this company…

Alex Sirois
7:00am ET
Investing

3 Stocks to Buy Before Wall Street Catches On in August

Institutional money is quietly rotating out of crowded mega-cap AI trades and into the fabricators and connectors that actually power the hyperscaler buildout. Three under-the-radar stocks are seeing professional positioning surge well…

Joel South

Frequently Asked Questions

What does ON Semiconductor do?

ON Semiconductor Corporation (onsemi) delivers intelligent power and sensing technologies that enable electrification, energy efficiency, safety, and automation across automotive, industrial, and AI data center end-markets.

What is the ON stock price target?

24/7 Wall St.'s 12-month price target for ON is $96.51, rated Buy. The Wall Street consensus target is $104.46. ON price prediction →