Equites Radar

ON · ON Semiconductor Corporation

SemiconductorsUnited StatesAnalyst view: Buy

$86.81

-5.22% last session

End-of-day data · updated 2026-07-28

Mildly bullish3 bullish · 1 bearish technical signals
Consensus: Buy (2.28 from 25 analysts)
To mean target: +30.3%

Market cap

$35B

Enterprise value

$35B

Trailing P/E

65.5

Forward P/E

20.5

Dividend yield

Beta

2.01

Avg volume

13M

Employees

23K

2D change

2.57%

5D change

-1.21%

10D change

1.91%

30D change

-1.78%

60D change

-26.18%

MTD change

-5.91%

YTD change

64.43%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)2.28
Covering analysts25
Mean price target$113.12
Low price target$85.00
Upside to mean target+30.3%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)38.9
50-day MA$106.83
200-day MA$74.52
Price vs 50-day MA-21.0%
Price vs 200-day MA+13.2%
MACD histogram0.12
Volume vs 3-month avg0.9×
52w low $44.9052w high $133.93

Analyst sentiment over time — ON

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-20

Latest call per bank · past 12 months

Wells Fargo

Overweight

$130

+49.8% vs price
▼ cut from $140Maintains · 2026-07-20

Citigroup

Neutral

$120

+38.2% vs price
▲ raised from $100Maintains · 2026-06-15

Bank of America

Buy

$138

+59.0% vs price
▲ raised from $115Maintains · 2026-05-26

Barclays

Equal-Weight

$100

+15.2% vs price
▲ raised from $75.00Maintains · 2026-05-06

JP Morgan

Neutral

$100

+15.2% vs price
▲ raised from $70.00Maintains · 2026-05-05

Jefferies

Buy

$115

+32.5% vs price
▲ raised from $73.00Maintains · 2026-05-05

Morgan Stanley

Equal-Weight

$87.00

+0.2% vs price
▲ raised from $85.00Maintains · 2026-05-05

UBS

Neutral

$55.00

-36.6% vs price
▲ raised from $50.00Maintains · 2025-10-27

Recent rating actions

DateFirmActionRatingPrice target
2026-07-20Wells FargoMaintainsOverweight$140 $130
2026-07-13TD CowenMaintainsHold$110 $95.00
2026-07-09SusquehannaMaintainsPositive$140 $150
2026-07-01MizuhoMaintainsOutperform$150 $125
2026-06-29Cantor FitzgeraldMaintainsNeutral$100 $110
2026-06-26SusquehannaMaintainsPositive$120 $140
2026-06-26B. Riley SecuritiesMaintainsBuy$118 $135
2026-06-26Evercore ISI GroupMaintainsOutperform$121 $137

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 39 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 21.0% below the 50-day MA ($106.83).
  • Price vs 200-day MA: Trading 13.2% above the 200-day MA ($74.52).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is positive (+0.12) — short-term momentum is improving.
  • 52-week range: Price sits between the 52-week low ($44.90) and high ($133.93).

ON Price Chart

Loading chart for ON

Fundamentals

Revenue (TTM)$6.0B
EBITDA$2.0B
Free cash flow$1.0B
Operating cash flow$1.0B
Book value / share$18.63
Net debt / EBITDA0.4
WACC17.0%
Revenue growth5.00%
Earnings growth

About ON Semiconductor Corporation

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.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.