ON Semiconductor Corporation's stock is gaining momentum amid positive market sentiment and strong earnings expectations.
ON Semiconductor Corporation (NASDAQ:ON) is rising today, closing at $78.53, marking a 2.16% increase from the previous day's close. This uptick comes despite broader market challenges, showcasing the company's resilience and strong positioning in the semiconductor sector.
Investor takeaway: Investors are optimistic about ON Semiconductor's upcoming earnings report, which is expected to show significant growth in both earnings and revenue, reflecting the company's solid fundamentals.
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ON Semiconductor Corporation
ON.US
ON.US
ON Semiconductor Corporation
WealthAwesomeMarket cap
$29.57B
P/E
50.3x
52W high
$134.92
52W low
$44.56
1W change
+3.74%
Beta
2.00
Analyst Price Targets
Based on 31 analysts covering ON · as of Sep 25, 2026
Wall Street analysts forecast ON stock price to rise 34.9% over the next 12 months.
Consensus
Buy3.97 / 5.00
Avg. Target
C$103.69
+34.9% Upside
Previously C$103.84 on Sep 21, 2026
Current Price
C$76.87
Last close
Analyst Breakdown (31 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
54.2%
Annualized
90-Day Vol
79.0%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$64.30
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$72.43 | C$60.08 – C$87.31 |
| 60 trading days | C$68.24 | C$52.39 – C$88.89 |
| 90 trading days | C$64.30 | C$46.52 – C$88.88 |
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.
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2.16% Increase in Stock Price
ON Semiconductor's stock has shown a notable increase of 4.54% over the past month, outperforming the broader Computer and Technology sector.
Bull case
Analysts expect ON Semiconductor to report earnings per share (EPS) of $0.87, a 38.1% increase year-over-year, along with projected revenue of $1.7 billion. This positions ON Semiconductor favorably in the market. The company's strong performance in the semiconductor industry, especially in AI and electric vehicles, adds to its growth potential.
Bear case
Despite the positive outlook, there are concerns about rising competition and potential overcapacity in the semiconductor market, which could impact ON Semiconductor's profitability. Additionally, any adverse shifts in market conditions or regulatory changes could affect future growth.
Strong Earnings Expectations
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Investors are eagerly awaiting ON Semiconductor's upcoming earnings report, projected to show an EPS of $0.87, reflecting a 38.1% increase compared to the same quarter last year. The expected revenue of $1.7 billion represents a 9.66% rise from the previous year, indicating robust demand for the company's semiconductor products.
Market Position and Growth
ON Semiconductor has carved out a significant niche in the semiconductor market, particularly in sectors like AI and electric vehicles. The company's recent performance, including a 4.54% increase over the past month, highlights its competitive edge and the positive investor sentiment surrounding its growth trajectory.
Risks and Considerations
While the outlook for ON Semiconductor appears positive, investors should remain cautious of potential risks such as increased competition and market volatility. Analysts are closely monitoring any shifts in the semiconductor landscape that could impact the company's profitability and growth prospects.
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