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ON Semiconductor Corporation(ON)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
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- BUY Advisory
- SELL Advisory (Profit)
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Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ON
09/15/2026: ON (2-star) is currently NOT-A-BUY. Pass it for now.
ON Semiconductor Corporation is a prominent global manufacturer specializing in intelligent power and sensing technologies primarily for the automotive and industrial sectors. The company has successfully pivoted from a broad-based commodity supplier to a focused specialist with a strong competitive advantage in vertically integrated Silicon Carbide production. Its growth narrative is centered on the ongoing shift to electric vehicles and industrial automation. However, investors must monitor cyclical demand risks and aggressive competition in the power semiconductor space. The stock may best suit growth-oriented investors looking for exposure to electrification, though the absence of a dividend and susceptibility to market volatility are key considerations.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company offers exposure to long-term electrification and automation secular trends. |
| Momentum investor | Mixed fit | The stock is currently sensitive to cyclical industrial trends, requiring positive sentiment for a strong fit. |
| Value investor | Strong fit while signal remains positive | The valuation often reflects cyclical fears, potentially providing entry points for disciplined investors. |
| Dividend investor | Weak fit | The company does not pay a cash dividend. |
| Low-risk investor | Weak fit | Semiconductor volatility and cyclical exposure make this unsuitable for risk-averse portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Cyclical market dynamics can lead to significant swings in equity pricing. |
| Valuation risk | Medium | Market expectations for EV growth can influence premium multiples, creating downside risk if adoption slows. |
| Competition risk (SiC and power) | High | Aggressive scaling by global peers like Infineon and STMicroelectronics pressures long-term margins. |
| Business quality | Strong | High vertical integration and focus on specialized automotive/industrial sectors indicate strong franchise quality. |
| Dividend income | Low / none | Investors receive no cash distributions. |
| Execution risk | Medium | Success depends on the smooth scaling of internal SiC production and facility efficiency. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit 20.6% | Avg. Invested days 28 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/15/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 27.89B USD | Price to earnings Ratio 46.83 | 1Y Target Price 106.88 |
Price to earnings Ratio 46.83 | 1Y Target Price 106.88 | ||
Volume (30-day avg) 9.0M shares | Beta 2 | 52 Weeks Range 44.56 - 134.92 | Updated Date 09/15/2026 |
52 Weeks Range 44.56 - 134.92 | Updated Date 09/15/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.53 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Power Solutions | SiC modules, power discretes, and power management ICs for EV and industrial use. | The company profits by enabling energy efficiency in vehicles and factories. |
| Intelligent Sensing | Image sensors and radar for autonomous driving and security systems. | Revenue is driven by the increasing need for 'vision' in cars and industrial robots. |
| Geography (Global) | Production and distribution across Asia, Europe, and the Americas. | The company has a global footprint to support local automotive manufacturing hubs. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 46.83 | Forward PE 17.12 | Enterprise Value 30.26B | Price to Sales(TTM) 4.5 |
Enterprise Value 30.26B | Price to Sales(TTM) 4.5 | ||
Enterprise Value to Revenue 4.88 | Enterprise Value to EBITDA 19.31 | Shares Outstanding 389.32M | Shares Floating 387.63M |
Shares Outstanding 389.32M | Shares Floating 387.63M | ||
Percent Insiders 0.33 | Percent Institutions 105.97 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About ON Semiconductor Corporation
Exchange NASDAQ | Headquarters Scottsdale, AZ, United States | ||
IPO Launch date 2000-04-28 | President, CEO & Director Mr. Hassane S. El-Khoury | ||
Sector Technology | Industry Semiconductors | Full time employees 22600 | Website https://www.onsemi.com |
Full time employees 22600 | Website https://www.onsemi.com | ||
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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