ON Semiconductor Corporation (ON) Stock Analysis
Technology · Semiconductors
Sell if holding. Analyst target reached at $100.61 — A.R:R is negative (-2.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: automotive end-market customers (51.0%).
ON Semiconductor (onsemi) designs and manufactures intelligent power and sensing semiconductors for automotive (51% of 2025 revenue), industrial (28%), and other markets including AI data centers. The company operates three segments—Power Solutions Group, Analog and Mixed-Signal... Read more
Sell if holding. Analyst target reached at $100.61 — A.R:R is negative (-2.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: automotive end-market customers (51.0%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 3.7/10, high confidence.
Passes 5/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 4d<=7d. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomerautomotive end-market customers51%10-K Item 1A: 'Sales into the automotive and industrial end-markets represented approximately 51% and 28% of our revenue, respectively, for the year ended December 31, 2025'
- LOWCustomertop distributor customer11%10-K Item 1A: 'We had one customer, a distributor, whose revenue accounted for approximately 11% and 10% of the total revenue for the years ended 2025 and 2024, respectively'
Material Events(8-K, last 90d)
- 2026-03-11Item 5.02MEDIUMSimon Keeton (Group President, Power Solutions Group) agreed to resign from all officer positions immediately and from employment effective June 30, 2026 to support orderly transition. No successor named for head of Power Solutions Group.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers
Revenue shrinking — -11.2% YoY. Growth thesis broken unless recovery story develops.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $100.61 — A.R:R is negative (-2.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: automotive end-market customers (51.0%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $93.52. Score 3.7/10, high confidence.
Take-profit target: $99.22 (-1.3% upside). Prior stop was $93.52. Stop-loss: $93.52.
Concentration risk — Customer: automotive end-market customers (51.0%); Analyst target reached - limited upside remaining; Near 52-week high (0.7% away).
ON Semiconductor Corporation trades at a P/E of 340.9 (forward 24.4). TrendMatrix value score: 4.8/10. Verdict: Sell.
44 analysts cover ON with a consensus score of 3.5/5. Average price target: $74.
What does ON Semiconductor Corporation do?ON Semiconductor (onsemi) designs and manufactures intelligent power and sensing semiconductors for automotive (51% of...
ON Semiconductor (onsemi) designs and manufactures intelligent power and sensing semiconductors for automotive (51% of 2025 revenue), industrial (28%), and other markets including AI data centers. The company operates three segments—Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group—selling through direct customer relationships and a leading distributor accounting for ~11% of revenue.