ON Semiconductor (ON.US) Price Target 2026/2027: 40% Upside – Rating and Stock Analysis

79,45
3,30%
Price history for ON Semiconductor (ON.US) – stock price at 79.45 $, August 2026
ON Semiconductor stock price – price development 2026. Updated Aug 6, 2026.
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ON Semiconductor Price Target 2026: Analysts See 40% Upside

The average price target for ON Semiconductor is $111.54. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 40,39% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is ON Semiconductor overvalued or undervalued?

ON Semiconductor is currently undervalued with a gap of 40.4% relative to the price target.


The current price is $79.45, which places ON Semiconductor in the undervalued category. The stock is considered undervalued when the price is below $100.39, and overvalued when the price exceeds $122.69.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For ON Semiconductor, the fair value range lies between $100.39 and $122.69.


See the full price target analysis for ON Semiconductor →

Analyst Ratings for ON Semiconductor stock in 2026: Buy

31 analysts cover ON Semiconductor. The ratings are mixed, with 54.9% Buy, 41.9% Hold and 3.2% Sell. The average price target is $111.54, which gives an upside of 40.4% from the current price.

Consensus: Buy (3.97/5)
Strong Buy
14 (45.2%)
Buy
3 (9.7%)
Hold
13 (41.9%)
Sell
1 (3.2%)
Strong Sell Sell Hold Buy Strong Buy
3.97 out of 5 based on 31 analysts

About ON Semiconductor – Semiconductors

ON Semiconductor, eller on.us, laver intelligente sensorer og strømløsninger til hele verden. De tjener penge på at sælge de her halvledere, som gør elbiler lettere og får dem til at køre længere. Virksomheden udvikler også hurtigopladning og ting til solenergi og industriel strøm. De deler sig op i tre områder: Power Solutions Group, Advanced Solutions Group og Intelligent Sensing Group. Power Solutions laver for eksempel strømstyring og spændingsregulering. ON Semiconductor har cirka 30.000 ansatte og blev grundlagt i 1999. De er kendt for deres analoge, diskrete og modulære halvlederprodukter. Read more about the company

Key Figures for ON Semiconductor

$ 19,2B Market cap
$ 6,2B Revenue
Semiconductors Industry
58.96 P/E
3.10 P/S
4.35 P/B
USA Listed on exchange
onsemi.com Website

What kind of stock is ON Semiconductor?

Growth stock

ON Semiconductor is classified as a growth stock with quarterly earnings growth of 36.6% and strong long-term momentum of 0.0%.

Score Overview for ON Semiconductor

💰 Value Score 32/100 (Low)
⭐ Quality Score 69/100 (High)
🚀 Momentum Score 20/100 (Low)
📊 Total Score 40/100

⚠️ 1 red flag identified

Our analysis has identified 1 potential risk factor in ON Semiconductor that investors should be aware of.

⚠️ High short interest: 11.1% of the shares are sold short – many professional investors are betting on price declines.

📈 Valuation

ON Semiconductor trades at a P/E ratio of 59.0, which is above the market average. The forward P/E is 26.3 (55% lower), which suggests the market expects rising earnings. The P/S ratio is 3.1. The P/B ratio is 4.3. The PEG ratio is 0.27 — below 1.0 suggests the stock is cheap relative to its growth rate.

💵 Profitability & Growth

ON Semiconductor has a profit margin of 10.2% (solid) and an operating margin of 16.1%. Return on equity (ROE) is 8.3%. Return on assets (ROA) is 7.8%. The latest quarterly earnings grew 36.6% year over year — strong growth.

🏦 Financial Health

The Piotroski score is 7 out of 9 — good financial health. Altman Z2 is 6.15 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 60.0% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 11.05% — very high, the market is skeptical.

Insider Trading in ON Semiconductor 2026: The Signal Is mostly negative

In 2026, insiders at ON Semiconductor have made 20 transactions – split into 2 purchases and 18 sales. On a net basis, insiders took 28,463,341 $ out of the stock. Active insiders include MASCARENAS PAUL ANTHONY, GOPALSWAMY SUDHIR, Thad Trent and others. In the short term (last 3 months), the insider signal is mostly negative.

Short-Term Signal (3 months): Mostly negative

Insiders have sold more than they have bought over the last 3 months.

Over the last 3 months: 1 purchases and 1 sales. A net 49,108 $ out of the stock.

Long-Term Signal (all transactions): Mostly negative

Insiders have sold considerably more than they have bought. At large companies this can be due to planned sales (10b5-1 plans) and is not necessarily a negative signal.

Across the last 20 transactions: 2 purchases and 18 sales. A net 28,463,341 $ out of the stock.

Latest purchase: MASCARENAS PAUL ANTHONY bought 116 shares at 91 $ each on 2026-07-02. The stock has since fallen 15.7%.

Latest sale: GOPALSWAMY SUDHIR sold 470 shares at 127 $ each on 2026-05-26.

Who is buying: MASCARENAS PAUL ANTHONY.

Who is selling: GOPALSWAMY SUDHIR, Thad Trent, Trent Thad, Sudhir Gopalswamy, KEETON SIMON and others.

Latest Insider Trades in ON Semiconductor (2026)

The table shows the last 20 reported insider transactions in ON Semiconductor. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-07-02 MASCARENAS PAUL ANTHONY Buy 116 91 10,582
2026-05-26 GOPALSWAMY SUDHIR Sell 470 127 59,690
2026-04-24 Thad Trent Sell 30,000 100 3,000,000
2026-04-23 Thad Trent Sell 30,000 93 2,790,000
2026-04-16 Trent Thad Sell 30,000 80 2,400,000
2026-04-16 Thad Trent Sell 30,000 80 2,400,000
2026-04-03 MASCARENAS PAUL ANTHONY Buy 168 62 10,448
2026-03-13 Sudhir Gopalswamy Sell 6,114 59 358,708
2026-03-13 GOPALSWAMY SUDHIR Sell 6,114 59 358,708
2026-02-21 Thad Trent Sell 10,383 69 717,569

Who is buying and selling ON Semiconductor shares in 2026?

The following insiders have bought shares in ON Semiconductor: MASCARENAS PAUL ANTHONY. In total, 21,029 $ was bought across 2 transactions. The following insiders have sold shares: GOPALSWAMY SUDHIR, Thad Trent, Trent Thad, Sudhir Gopalswamy, KEETON SIMON and others. In total, 28,484,371 $ was sold across 18 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

ON Semiconductor Short Selling 2026: 11.1% Sold Short

Very high short interest: 11.1% of the free float
Short % of free float
11.1%
Assessment
Very high short interest
Short squeeze risk
High
Data source
SEC
Updated daily
The stock has a very high share of short selling. Between 10-20% of the freely traded shares are sold short, which points to considerable bearish sentiment. A positive earnings report or unexpectedly good news can trigger a short squeeze with sharp price gains.

What does this mean for you as an investor?
A short interest of 11.1% means that 11.1% of the freely traded shares in ON Semiconductor have been borrowed and sold by investors betting on falling prices. On positive surprises (e.g. a strong earnings report), short sellers can be forced to buy back shares quickly to close their positions, which can cause a short squeeze with sharp price gains in a short time.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
11.1%

When Does ON Semiconductor Report Earnings?

The next earnings date for ON Semiconductor is not yet available. Check the company's investor calendar for more information.



Technical Analysis of ON Semiconductor 2026 – Signal: Hold

Overall Technical Signal: Hold

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of ON Semiconductor (ON.US) – RSI 36, MACD negative (bearish), daily candlestick chart August 2026
ON Semiconductor technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of ON Semiconductor Corporation

ON Semiconductor Corporation is in a short-term downtrend. The price of $76.91 is 12.0% below the 20-day average ($87.44). Medium term, the picture is negative: the price is 25.5% below the 50-day average ($103.19). Long term, the stock is 1.9% above the 200-day average ($75.44), which confirms a long-term uptrend.

Golden Cross: The 50-day average (103.19) is above the 200-day average (75.44), which is a classic bullish signal for ON Semiconductor Corporation.

Is ON Semiconductor Corporation overbought or oversold?

ON Semiconductor Corporation has an RSI of 35.5. The stock sits in the lower part of the neutral zone, which points to weak momentum without being oversold.

MACD Analysis for ON Semiconductor Corporation

Daily MACD: MACD is negative (-5.931), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is below the signal line (-5.638) by 0.293, which confirms growing negative momentum in the downtrend.

Weekly MACD: MACD5 is positive (6.450), which indicates a broader bullish long-term trend. MACD5 is below the signal line (11.119) by 4.669, which suggests the long-term momentum is fading – the positive trend could come under pressure.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The long-term trend is bullish, but the short-term trend is bearish. Short-term momentum is still falling – a deeper pullback is possible.

Risk Profile for ON Semiconductor Corporation

ON Semiconductor Corporation has an annual standard deviation of 61.5%, which classifies the stock as high risk. Sizeable price swings are normal, and the stock requires a higher risk tolerance.

Overall Technical Conclusion for ON Semiconductor Corporation

Trend: Neutral/mixed.

MACD trend (zero line): Daily bearish (-5.931). Weekly bullish (6.450).

MACD momentum (signal): Daily falling. Weekly falling.

RSI: 35.5 – neutral.

Technical signal: Hold

The signals are mixed – trend and MACD point in different directions. Wait until MACD crosses the zero line in the direction of the trend before acting.

Frequently Asked Questions About ON Semiconductor stock in 2026

Should you buy ON Semiconductor stock now?
The technical signal for ON Semiconductor is currently NEUTRAL. ON Semiconductor trades at $79.45 as of 8/6/2026. The overall technical signal is: Hold. The technical analysis shows the following: MACD is negative (bearish trend) at -5.931 with falling momentum (signal: -5.638); RSI is at 35.5 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $111.54 points to 40.4% upside. This is a technical observation based on current data, not investment advice.
What is the price target for ON Semiconductor stock?
The average analyst price target for ON Semiconductor is $111.54. The current price is $79.45, which gives an upside of 40.4%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $100.39 and $122.69.
Is ON Semiconductor a dividend stock?
No, ON Semiconductor does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of ON Semiconductor stock?
ON Semiconductor is rated as a stock with high risk. the annual standard deviation is 61.5%, which classifies the stock as high risk.
Is ON Semiconductor overvalued?
No, ON Semiconductor is considered undervalued based on the analyst price target (40.4% upside). ON Semiconductor has the following valuation ratios: a P/E ratio of 59.0 (highly valued), a P/S ratio of 3.1, a P/B ratio of 4.3. The analyst price target suggests that the stock is undervalued by 40.4%.
Is ON Semiconductor overbought?
No, ON Semiconductor is not overbought. RSI is at 35.5 (neutral zone). The technical indicators show: RSI is at 35.5 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 9.1% below the 20-day average (short-term downtrend). In addition, MACD is negative with falling momentum (bearish).
When is the next ON Semiconductor earnings report?
The date of the next earnings report for ON Semiconductor has not been published yet. Check the company's investor calendar for updates.
Is ON Semiconductor shorted?
Yes, ON Semiconductor is shorted with 11.1% of the free float sold short. This is a very high level of short selling, which points to considerable bearish sentiment. A positive earnings report or unexpectedly good news can trigger a short squeeze with sharp price gains. Data is updated daily based on official filings with the SEC.
Are insiders buying ON Semiconductor stock?
No, insiders are not buying ON Semiconductor shares – they are net sellers. Over the last 3 months, insiders have made 1 purchases and 1 sales. On a net basis, 49,108 $ worth of shares were sold. Across the last 20 reported transactions, the split is 2 purchases and 18 sales, with a net 28,463,341 $ sold. Active sellers include GOPALSWAMY SUDHIR, Thad Trent, Trent Thad and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is ON Semiconductor a good stock?
Based on our total score, ON Semiconductor is rated as a mediocre stock with a total score of 40 out of 100. The stock scores around average on value, quality and momentum – it sits near the median in our database. The score is made up of Value: 32/100, Quality: 69/100, Momentum: 20/100. In addition: analysts see 40.4% upside to the price target; technical signal: Hold. Whether ON Semiconductor is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for ON Semiconductor stock?
The outlook for ON Semiconductor based on current data: the average analyst price target is $111.54 (+40.4%); the P/E ratio is 59.0 (high – the market expects growth). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is ON Semiconductor stock falling?
ON Semiconductor is falling right now. The technical indicators show: the price is 9.1% below the 20-day average; MACD is negative with falling momentum (bearish signal); short interest is 11.1% (high – many are betting on a decline); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can ON Semiconductor go?
The average analyst price target for ON Semiconductor is $111.54, which corresponds to a potential gain of 40.4% from the current price of $79.45. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can ON Semiconductor fall?
We lack enough history to give a specific floor for ON Semiconductor. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does ON Semiconductor do?
ON Semiconductor, eller on.us, laver intelligente sensorer og strømløsninger til hele verden. De tjener penge på at sælge de her halvledere, som gør elbiler lettere og får dem til at køre længere. Virksomheden udvikler også hurtigopladning og ting til solenergi og industriel s... The company belongs to the Teknologi sector, more specifically the Semiconductors industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate ON Semiconductor as an investment.
Did ON Semiconductor raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from ON Semiconductor. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is ON Semiconductor making money or losing money?
Yes, ON Semiconductor is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 10.2% — which is solid. The operating margin (profit before interest and taxes) is 16.1%. At a P/E ratio of 59.0, you currently pay 59.0 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can ON Semiconductor go bankrupt?
The bankruptcy risk of ON Semiconductor is rated as low. Altman Z2 (a model for assessing financial distress) is 6.15 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 7 — which is strong. Debt relative to equity is 60% (moderate). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does ON Semiconductor have a lot of debt?
No, ON Semiconductor has low debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 60%. For the teknologi sector, anything below 80% counts as low debt. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector. Can ON Semiconductor service its debt? Can service its debt without problems — the interest coverage ratio (how many times earnings can cover interest payments) is 20.8x, and net debt equals 0.4 years of earnings (EBITDA).