
ON Semiconductor Corporation's stock has gained 13.6% over the past week, driven by strong market performance.
ON Semiconductor Corporation's stock rose by 13.6% this week, closing at US$86.31. This increase is notable, especially as the stock has outperformed the market, with gains of 16.04% over the past month and 52.22% year-to-date. The recent trading activity has also seen the stock price above both the 50-day moving average of US$76.65 and the 200-day moving average of US$80.45.
Advertisement
ON Semiconductor Corporation
ON.US
ON.US
ON Semiconductor Corporation
Market cap
$32.12B
P/E
53.2x
52W high
$134.92
52W low
$44.56
1W change
-0.84%
Beta
2.05
Analyst Price Targets
Based on 30 analysts covering ON · as of Oct 7, 2026
Wall Street analysts forecast ON stock price to rise 31.5% over the next 12 months.
Consensus
Buy3.87 / 5.00
Avg. Target
C$104.46
+31.5% Upside
Previously C$104.27 on Oct 5, 2026
Current Price
C$79.41
Last close
Analyst Breakdown (30 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ON's historical volatility
30-Day Vol
58.4%
Annualized
90-Day Vol
79.3%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$66.42
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$74.82 | C$61.17 – C$91.52 |
| 60 trading days | C$70.50 | C$53.02 – C$93.73 |
| 90 trading days | C$66.42 | C$46.86 – C$94.15 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor takeaway: Investors should monitor upcoming earnings reports closely, as analysts suggest ON Semiconductor could continue to perform well.
ON Semiconductor's Stock Rises Amid Positive Sentiment
Despite a 13.6% increase this week, trading volume was only 0.70x the 20-day average, suggesting cautious buying.
Bull case
The stock's significant weekly gain reflects a strong market outlook and positive sentiment from investors.
Bear case
However, the trading volume was below the 20-day average, which indicates that this rally may not have strong backing from investors.
Stock Performance Overview
Advertisement
This week, ON Semiconductor Corporation's stock rose by 13.6%, closing at US$86.31. The stock has shown strong performance across different timeframes, gaining 16.04% over the past month and 52.22% year-to-date. Currently, the stock is trading at 46% of its 52-week range, which spans from US$44.56 to US$134.92. The increase in stock price reflects positive investor sentiment in the technology sector, particularly around semiconductor stocks.
Volume and Trading Activity
The latest trading volume for ON Semiconductor was 8,682,072 shares, which is notably below the 20-day average volume of 12,405,881 shares, indicating a relatively cautious buying approach among investors. The stock's beta of 2.05 suggests a higher volatility compared to the market, which may attract risk-tolerant investors. Despite the increase in stock price, the lower volume relative to the average may imply that the rally lacks strong conviction from the broader market.
Looking Ahead: Earnings Expectations
Analysts are optimistic about ON Semiconductor's potential to outperform earnings estimates in the upcoming reports. The average analyst target stands at US$104.46, implying a potential upside of 21.0% from the current price. With a P/E ratio of 55.44 and a profit margin of 10.2%, the company's fundamentals are strong, but investors should be aware of market volatility. Upcoming earnings announcements will be crucial for determining if the stock can maintain its upward trajectory.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement

Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.


