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ON Semiconductor Corporation ON

Price 72.3 USD
as of 2026-09-03
49/100
Constructive
Quality48
Growth14
Balance-sheet strength80
Valuation43
Momentum54
Income50

Composite 49/100; the shares have moved about 74% annualised. Names that move more contribute more risk for the same amount invested, and our composite reflects how strong the evidence for this one is right now.

Strongest counter-signal

Growth ranks 14/100 — a strong mark against it.

Case for

Balance-sheet strength ranks 80/100 — a strong point in its favour. Momentum ranks 54/100 — a slight point in its favour.

Case against

Growth ranks 14/100 — a strong mark against it. Valuation ranks 43/100 — a slight mark against it. Quality ranks 48/100 — a slight mark against it.

What the company does ON Semiconductor designs and manufactures intelligent sensing and power solutions across automotive, industrial, AI data centers, computing, and mobile markets. Its segments include Power Solutions (discrete and integrated devices for power conversion), Analog and Mixed-Signal (power management and sensor interfaces), and Intelligent Sensing (image sensors and photon-counting technologies).

Key financials ON’s profitability metrics are mixed: ROE 8%, ROA 7%, ROCE 7%; gross margin 43%, operating margin 20%, net margin 10%. Revenue fell -15% and EPS dropped -92% year-over-year. Leverage is moderate (Debt/Equity 0.65) with solid coverage (Interest coverage 12.3x) and liquidity (Current ratio 3.5x).

Stock health Momentum is volatile: -32% over 3 months, +7% over 6 months, and +50% over 12 months. The stock is -45% below its 52-week high with RSI at 35.5, indicating oversold conditions. Sideravia scores Quality 48, Growth 16, Strength 80, Valuation 42, Momentum 54, and Income 50.

Price vs fair value The stock trades at a discount of 46.70% versus the analyst mean target of 108.88. - Revenue and EPS declines reflect soft end-market demand (24/7 Wall St.). - Sector peers like Wolfspeed posted wider-than-expected losses, pressuring sentiment (24/7 Wall St.). - Recent rally tied to Vera Rubin ramp signals lifted shares (24/7 Wall St.). - Analysts note AI-stock jitters may still weigh on valuations (Barrons.com).

Looking forward Forward P/E of 25x and PEG of 0.21 suggest valuation support, but weak growth (Sideravia Growth 16) and margin pressure remain key risks. Execution in automotive and AI-driven sensing could drive upside if demand stabilizes.

sideravia.comEvery stock argues both sides.
Research, not advice · sideravia.com/conflicts — read the policy

This is not investment advice. Sideravia provides automated, data-driven analysis for information and education only. Nothing on this page is a personal recommendation or an invitation to buy or sell any security, and it does not consider your objectives or financial situation. Assessments are generated by rules applied uniformly to every covered stock — how our scores work.

Data as of 2026-09-03, compiled from third-party sources; errors and delays are possible and figures are not warranted. Investing puts your capital at risk; past performance does not predict future results. We publish our full track record, including the calls that lost, and our conflicts of interest.