ON Semiconductor Corporation (ON) Stock Analysis
Range Bound setup
Technology · Semiconductors
Sell if holding. Analyst target reached at $121.69 — A.R:R is negative (-1.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (2).
ON Semiconductor (onsemi) designs and manufactures intelligent power and sensing semiconductors for automotive (51% of 2025 revenue), industrial (28%), and other markets including AI data centers (21%), operating through PSG (47% of revenue), AMG (38%), and ISG (15%) segments.... Read more
Sell if holding. Analyst target reached at $121.69 — A.R:R is negative (-1.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (2). Chart setup: RSI 46 mid-range, Bollinger mid-band. Score 4.6/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 49d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-06-15Recent Developments — ON Semiconductor Corporation
Latest news
- NEWS How ON Semiconductor More Than Doubled NVIDIA’s Gains in April - 24/7 Wall St. — 24/7 Wall St. positive
- NEWS Panamanian REIT Casas Grandes lists on stock exchange - Leaders League — Leaders League neutral
- NEWS ON Semiconductor Stock Jumps as Geely and NIO Deals Put 900V EV Chips in Focus - TechStock² — TechStock² positive
- NEWS Is Navitas Semiconductor Stock Trapped By Its Own Valuation? - Forbes — Forbes neutral
- NEWS Here's How Much You Would Have Made Owning ON Semiconductor Stock In The Last 15 Years - Sahm — Sahm positive
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWCustomertop distributor11%10-K Item 1: 'We had one distributor whose revenue accounted for approximately 11% and 10% of the total revenue for the years ended December 31, 2025 and 2024, respectively.'
Material Events(8-K, last 90d)
- 2026-03-11Item 5.02MEDIUMSimon Keeton (Group President, Power Solutions Group) agreed to resign from all employment positions effective June 30, 2026; stepping down from officer positions immediately. No successor named for PSG leadership.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
3 floor-breakers
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $121.69 — A.R:R is negative (-1.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (2). Chart setup: RSI 46 mid-range, Bollinger mid-band. Prior stop was $113.30. Score 4.6/10, moderate confidence.
Take-profit target: $132.22 (+8.5% upside). Prior stop was $113.30. Stop-loss: $113.30.
Analyst target reached - limited upside remaining; Consecutive earnings misses (2); Weak overall score: 4.6/10.
ON Semiconductor Corporation trades at a P/E of 86.5 (forward 27.4). TrendMatrix value score: 4.3/10. Verdict: Sell.
43 analysts cover ON with a consensus score of 3.6/5. Average price target: $106.
What does ON Semiconductor Corporation do?ON Semiconductor (onsemi) designs and manufactures intelligent power and sensing semiconductors for automotive (51% of...
ON Semiconductor (onsemi) designs and manufactures intelligent power and sensing semiconductors for automotive (51% of 2025 revenue), industrial (28%), and other markets including AI data centers (21%), operating through PSG (47% of revenue), AMG (38%), and ISG (15%) segments. It sells to direct customers and distributors, with one distributor accounting for approximately 11% of 2025 revenue.