Insider buying last 90 days
No open-market insider purchases were filed for ON in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every ON insider filing, plotted on the chart in Gekko.Open ON in Gekko
NASDAQ: ON
ON Semiconductor (ON) Stock Analysis & Forecast
Nov 4 close
$71.24−1.36 (−1.9%)
Gekko Brief
AI summaryNov 4 closeON Semiconductor's Q3 2026 results anchored this week's news, with revenue of $1.72 billion, non-GAAP gross margin of 41.2%, and EPS of $0.90, all above guidance midpoint. AI data center revenue rose 39% sequentially to $180 million, with the full-year target raised to roughly $620 million, while automotive inventory replenishment was deprioritized in favor of higher-demand markets. The company also announced the acquisition of Ferric for $600 million to strengthen AI processor power delivery. Wells Fargo cut its price target from $100 to $90 while keeping an Overweight rating, and B.Riley cut its target from $105 to $97 while maintaining a Buy rating.
ON closed at $71.24, down 1.9%, sitting below both its 50-day average of $74.66 and 200-day average of $82.56, with the 50-day below the 200-day. The stock's one-month return stands at -17.5%, its three-month return at -9.1%, and its six-month return at -32.6%, against a one-year return of 41.2%. The GekkoIndex reads 60, placing the stock in the Accumulation zone, and price sits 1.9% below Gekko Fair Value of $72.62.
The next earnings date falls on 8 February 2027, outside a typical 20-trading-day hold. Over the last 90 days, Congress recorded 2 buys and 0 sells, while the last 30 days show 5 unusual options signals, with call premium of $4,052,599 against put premium of $1,729,010. Seasonally, the next 20 trading days have averaged a 9.2% return across 5 years, rising in 5 of them.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
ON Semiconductor price vs fair value
Close $71.24200-day averageGekko Fair Value $72.62
ON Semiconductor quick facts
- Market cap
- $27.74B
- P/E ratio
- 45.2
- Forward P/E
- 15.5
- EPS, TTM
- $1.55
- Revenue, TTM
- $6.20B
- Profit margin
- 10.2%
- Dividend yield
- —
- Beta
- 2.15
- Volume
- 10.75M avg 10.28M
- 1-year return
- +41.2%
- Typical daily move
- ±5.4%
- Typical 20-day move
- ±9%
- 50-day average
- $74.66
- 200-day average
- $82.56
- Next earnings
- Feb 8 before open
- Shares outstanding
- 389.3M
ON Semiconductor swing-trade checklist
ON Semiconductor scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive1 mixed1 headwind
- Trendheadwind
Below 50 and 200-day
Close $71.24 is below the 50-day ($74.66) and 200-day ($82.56) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
60, Accumulation
Reading 60 is in the Accumulation zone.
See the GekkoIndex - Fair valuemixed
1.9% below
Price is within 5% of Gekko Fair Value (1.9% below).
See fair value - Smart moneysupportive
Leans bullish
Last 90 days: Congress 2 buys / 0 sales. Last 30 days: 5 unusual options signals.
See smart money - Earnings risksupportive
Reports in 95 days
Next report Feb 8, 2027, 95 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+9.2% on average
From this point in the calendar, the next 20 trading days averaged +9.2% over 5 years, rising in 5 of them.
See seasonality
A description of current data, not a recommendation. How this page works
ON Semiconductor stock chart and price history
ON Semiconductor closed at $71.24 on Nov 4, 2026, +41.2% over the past year, inside a 52-week range of $44.56 to $134.92.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −17.5%
- 3 months
- −9.1%
- 6 months
- −32.6%
- 1 year
- +41.2%
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About ON Semiconductor
ON Semiconductor designs chips and components that manage power and detect light, serving industries that range from automotive to renewable energy. Its parts help make electric cars lighter and able to travel farther, support fast vehicle charging, and appear in solar setups, industrial power gear, and energy storage systems. The company is also recognized for its imaging work, producing CMOS sensors, image signal processors, and detectors capable of sensing single photons, along with drivers that enable camera autofocus and stabilization.
The company runs through three divisions: Power Solutions, Advanced Solutions, and Intelligent Sensing. It builds analog and discrete semiconductors, circuit modules, and integrated circuits used for switching power, converting energy, shaping signals, protecting circuits, amplifying signals, and regulating voltage. Beyond these, it creates custom mixed-signal and application-specific chips, radio-frequency parts, and power management systems for varied customers, and separately offers foundry and design work to government buyers.
Founded in 1992, ON Semiconductor is headquartered in Phoenix, Arizona. Its stock trades on the NASDAQ under the ticker ON.
- Listed
- NASDAQ
- Sector
- Electronic technology
- Industry
- Semiconductors
- Website
- onsemi.com
ON Semiconductor GekkoIndex: the smart money zone
ON Semiconductor’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 60, in the Accumulation zone, up 4 points over five sessions.
60Accumulation
Up 4 points over five sessions, from the Neutral zone.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 27 | +5.2% | +4.1% | ||
| Accumulation (current zone) | 265 | −0.1% | −0.7% | ||
| Neutral | 367 | −0.2% | +1.0% | ||
| Distribution | 30 | +2.5% | +11.0% | ||
| Selling | 8 | Too few readings yet | |||
Average ON share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the ON price, zone by zone.Track ON in Gekko
Is ON Semiconductor stock overvalued? Gekko Fair Value
ON Semiconductor trades 1.9% below Gekko Fair Value of $72.62, so the shares are about fair value on Gekko’s estimate.
Gekko’s own estimate of what ON Semiconductor shares are worth, recalculated every trading day.
$72.62
Gekko Fair Value, Nov 4, 2026
1.9% below fair value · About fair value
At the end of Aug 2026 the price was 7.3% above the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open ON in Gekko
ON Semiconductor insider and Congress trading
No open-market insider purchases were filed for ON Semiconductor, and members of Congress disclosed 2 purchases and 0 sales, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
2trades disclosed: 2 purchases and 0 sales.
| Member | Amount | Disclosed |
|---|---|---|
| Gilbert Cisneros House, CA, purchase | $15,001 - $50,000 | Oct 12 traded Sep 28 |
| Ro Khanna House, CA, purchase | $15,001 - $50,000 | Oct 9 traded Sep 23 |
From congressional disclosures, which report amounts as ranges.
Buybacks
ON Semiconductor has been buying back its own shares.
- Bought back, quarter ended Jul 3, 2026
- $344.8M
- As a share of market cap
- 1.24%
- Trailing four quarters
- $1.47B
From company filings.
Unusual options activity last 30 days
5signals, 70% of the flagged premium in calls.
Latest: Bullish flow on Oct 27, $592K in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
6of the funds Gekko tracks hold ON.
0added3opened3trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
ON Semiconductor earnings: next date and track record
ON Semiconductor reports on Feb 8, 2027, before the open (95 days away), and beat the EPS estimate in 6 of its last 8 reports.
Next earnings report
Feb 8, 2027
Expected before the open, 95 days away
- EPS estimate
- $0.97
- Revenue estimate
- $1.77B
6 of 8reports beat the EPS estimate
±5.1%average move across the report
2 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Nov 2, 2026 AI summary
- What they said
- ON delivered Q3 2026 revenue of $1.72B, non-GAAP gross margin of 41.2%, and non-GAAP EPS of $0.90, all above guidance midpoint. AI data center revenue surged 39% sequentially to $180M, with 2026 full-year target raised to ~$620M (+140% YoY). Industrial demand improved while automotive inventory replenishment was deliberately deprioritized to allocate supply toward higher-demand markets. New wins include Google ramping silicon carbide and silicon MOSFETs.
- Guidance
- ON expects 2026 AI data center revenue of ~$620M (+140% YoY) and projects AI data center revenue to double again in 2027. Automotive growth in 2027 is expected to align with long-term targets as supply allocation normalizes.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Nov 2, 2026 | $0.90 est $0.88 | $1.72B est $1.71B | +1.3% |
| Aug 3, 2026 | $0.74 est $0.72 | $1.60B est $1.59B | −1.0% |
| May 4, 2026 | $0.64 est $0.61 | $1.51B est $1.49B | −0.3% |
| Feb 9, 2026 | $0.64 est $0.62 | $1.53B est $1.54B | +3.3% |
| Nov 3, 2025 | $0.63 est $0.59 | $1.55B est $1.52B | −3.6% |
| Aug 4, 2025 | $0.53 est $0.53 | $1.47B est $1.45B | −16.9% |
| May 5, 2025 | $0.55 est $0.50 | $1.45B est $1.40B | −8.1% |
| Feb 10, 2025 | $0.95 est $0.97 | $1.72B est $1.76B | −6.5% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
ON Semiconductor stock forecast and analyst price targets
Analysts’ average 12-month price target for ON Semiconductor is $101.16, +42.0% from the last close, from 21 firms rating the stock in the last 90 days.
$101.16consensus 12-month target, +42.0% from the last close
Now $71.24Avg $101.16
Low $75High $137
Each firm’s latest rating in the last 90 days: 21 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Nov 3 | KeyBanc | — | — |
| Nov 3 | Wells Fargo | $90 | +26.3% |
| Nov 3 | Mizuho Securities | $87 | +22.1% |
| Nov 3 | Stifel Nicolaus | $80 | +12.3% |
| Nov 3 | B. Riley Securities | $97 | +36.2% |
−0.7%average 20-day move after past Accumulation readings
+9.2%average move over the next 20 trading days in the last 5 years
±5.4%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
ON Semiconductor seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, ON Semiconductor averaged +9.2% across the last 5 years, rising in 5 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +3.1% | 3 of 5 |
| Next 10 trading days | +2.7% | 3 of 5 |
| Next 15 trading days | +3.3% | 5 of 5 |
| Next 20 trading days | +9.2% | 5 of 5 |
| Next 30 trading days | +7.2% | 4 of 5 |
For scale, ON’s typical 20-trading-day move in either direction is about 9%.
ON Semiconductor market cap and key statistics
ON Semiconductor’s market cap is $27.74B, with a P/E ratio of 45.2 and revenue of $6.20B over the last twelve months.
Valuation
- Market cap
- $27.74B
- P/E ratio
- 45.2
- Forward P/E
- 15.5
- EPS, TTM
- $1.55
- Gekko Fair Value
- $72.62
Trading
- Volume
- 10.75M
- Avg volume, 20 days
- 10.28M
- 52-week high
- $134.92
- 52-week low
- $44.56
- Shares outstanding
- 389.3M
Financials
- Revenue, TTM
- $6.20B
- Profit margin
- 10.2%
- Return on equity
- 8.3%
- Quarterly earnings growth, YoY
- +36.6%
Risk and income
- Beta
- 2.15
- Typical daily move
- ±5.4%
- Typical 20-day move
- ±9%
ON Semiconductor stock news this week
Coverage of ON Semiconductor this week reads positive: 11 positive, 1 neutral and 6 negative headlines.
- Analysts Offer Insights on Technology Companies: Palantir Technologies (PLTR), Tower (TSEM) and ON Semiconductor (ON)The Globe and Mail, Nov 4
- ON Semiconductor Q3 Earnings: A Potential 12.7% FCF Yield If Management DeliversSeeking Alpha, Nov 4
- ON Semiconductor: AI-Driven Content Growth And Marquee Cloud Customers - Dip Buying OpportunitySeeking Alpha, Nov 4
- ON Semiconductor Corporation (0KC4.L) Seasonal returns chartYahoo Finance UK, Nov 4
- FormFactor, Microchip Technology, onsemi, AMD, and Monolithic Power Systems shares are soaring, what you need to knowThe Globe and Mail, Nov 4
- Why Is ON Semiconductor Stock Gaining Tuesday?Benzinga, Nov 3
ON Semiconductor peers
ON Semiconductor’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| NVDANVIDIA | Accumulation | 25.3% below |
| AVGOBroadcom | Accumulation | 7.7% below |
| MUMicron Technology | Accumulation | 40.7% below |
| AMDAdvanced Micro Devices | Accumulation | 9.1% below |
| INTCIntel | Buying | 33.9% below |
| TXNTexas Instruments | Neutral | 15.3% above |
A peer links to its own page where one exists.
ON Semiconductor stock FAQ
What is ON Semiconductor’s market cap?
ON Semiconductor’s market cap is $27.74B at the Nov 4, 2026 close of $71.24, with 389.3M shares outstanding. The shares trade on a P/E ratio of 45.2.
What is the ON Semiconductor stock forecast?
The consensus analyst 12-month price target for ON Semiconductor is $101.16, +42.0% from the last close. Of the 21 firms that rated the stock in the last 90 days, 12 rate it a buy, 9 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is ON Semiconductor stock overvalued or undervalued?
On Gekko’s estimate ON Semiconductor is about fair value: the Nov 4, 2026 close of $71.24 is 1.9% below Gekko Fair Value of $72.62. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does ON Semiconductor report earnings next?
ON Semiconductor is expected to report on Feb 8, 2027, before the market opens (95 days away). Analysts expect earnings of $0.97 per share on revenue of $1.77B. ON Semiconductor beat the earnings estimate in 6 of its last 8 reports, moving 5.1% on average across the report.
What is ON Semiconductor’s 52-week high and low?
ON Semiconductor’s 52-week high is $134.92 and its 52-week low is $44.56; it closed at $71.24 on Nov 4, 2026, +41.2% over the past year.
Is ON Semiconductor stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, smart money, earnings risk and seasonality), 1 as mixed (fair value) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in ON Semiconductor?
Gekko flagged 5 unusual options signals in ON Semiconductor over the last 30 days, with $4.05M of flagged premium in calls and $1.73M in puts. The latest, bullish flow, was on Oct 27, 2026 with $592K in unusual premium. The signal-by-signal table is in Gekko.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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