ON Semiconductor stock
ONNASDAQON Semiconductor Corporation, TechnologyISIN US6821891057
63Score 63 out of 100, Neutral
Price and trend
41 / 100
Price history
+52% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 11% below it.
Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 51).
The price is 45% below its 52-week high. Largest decline in 20 years: 80% (October 2007 to November 2008).
Chart figures for advanced users
- SMA 50$74.08
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$82.69
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)51
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$44.90
- The lowest closing price of the last twelve months.
- Resistance$133.93
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- ON Semiconductor Corporation belongs to the Semiconductors industry (United States) and, with a market value of $28.66B, is number 41 of 185 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $6B (down 15.3% year on year) and earnings of $121M (down 92.3%).
- For fiscal 2026, analysts expect on average revenue of $6.61B (up 10.2%) and adjusted earnings per share of $3.29 (up 39.9%).
Show more
- MEQIRI Score 63 out of 100 (Neutral): rank 373 of 857 in Technology, median 61.
- The P/E is 42.5 (Semiconductors median 38.9, own median of recent years 22.9).
- Our model puts fair value at $81.41, with the price 10% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings turn into cashFree cash flow 235% of earnings over the last 12 months.Fundamentals 87
- Analysts expect strong earnings growthUp 31.2% a year through 2028 (estimates from 20 analysts).Growth 75
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 87
Weaknesses
- Margin fallingOperating margin 1.4%, average of the prior years 25% (to 2024).Profitability 56
- Volatile share priceVolatility 64% a year over the last 12 months.Stability 58
- Earnings per share fallingDown 12.6% a year since 2020.
Its standout strengths are fundamentals and growth, while valuation and technical analysis hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 62 to 63.
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- high price swings
- price far below its 52-week high
What lowers it
- solid fundamentals
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $54.27 and expensive above $162.82 (uncertainty very high, based on the price swings of the past year).
The two parts of the fair value come to $95.41 (cash-flow model) and $67.42 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 12.6%. At 13.6% the fair value would be $75.35, at 11.6% it would be $89.12.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (38.9).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 2 Oct 2026, revenue rose 2.9% on the twelve months before. Revenue has grown solidly since 2006, at about 7% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 33%, operating 1%, net 2%. Last 12 months: net 11%.
Debt & balance sheet
latest quarterDebt is moderate, but interest coverage is weak. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 8 Feb 2027in 88 days
- Last reported
- 2 Nov 2026EPS reported $0.90 (expected $0.88)above expectations
Analyst estimates
Analysts have raised their 2027 earnings estimate by 5.3% since 15 Oct 2026.
- Earnings per share
- $3.29+2.8%
- Revenue
- $6.61B+0.9%
- Earnings per share
- $4.74+5.3%
- Revenue
- $7.59B+2.5%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −4.3%Outlook raised: AI data center revenue now expected to more than double in 2026, and silicon carbide revenue in China to grow 60% to 70%.
“In 2026, we expect our silicon carbide revenue in AI data center applications to grow nearly 60% year-over-year.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 4 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. One insider sold, $1.25M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Gopalswamy SudhirSale
1 Oct 2026, Group President, AMG & ISG
- Shares
- 15,578
- Price
- $80.00
- Value
- $1.25M
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at ON Semiconductor
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
857 rated companies in Technology
- This company
- 63
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Semiconductors
The next larger and next smaller companies by market value
- Microchip TechnologyMCHP $33.81B52
- Renesas Electronics6723.T $33.54B65
- Disco6146.T $32.42B72
- Global Unichip3443.TW $32.17B74
- Montage Technology688008.SS $27.95B74
- GigaDevice Semiconductor (Beijing)603986.SS $27.4B74
- Credo Technology Group HoldingCRDO $26.58B58
- Qnity ElectronicsQ $26.46B56
ETFs that hold ON Semiconductor
Held by 108 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| L&G Clean Energy UCITS ETFRENW | 1.65% | 0.49% | €622.43M |
| Invesco NASDAQ Next Generation 100 UCITS ETF AccEQQJ | 1.38% | 0.25% | €44.3M |
| Amundi MSCI Smart Cities UCITS ETF ACCAMEC | 1.24% | 0.45% | €59.77M |
Show 5 more
| Invesco S&P 500 QVM UCITS ETFQVMP | 0.42% | 0.35% | €50.82M |
| Deka MSCI USA MC UCITS ETFEL41 | 0.39% | 0.30% | €51.58M |
| iShares Edge MSCI USA Value Factor UCITS ETFQDVI | 0.36% | 0.20% | €2.9B |
| Invesco Global Buyback Achievers UCITS ETFBBCK | 0.33% | 0.39% | €188.08M |
| VanEck Semiconductor UCITS ETF Accum A USDVVSM | 0.28% | 0.35% | €7.14B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 9 May 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.