ON Stock Price Today (July 2026) — ON Semiconductor Corporation Analysis & Key Metrics 2026-07-17
ON Semiconductor Corporation (ON) is trading at $87.37, down 0.85% today (as of July 2026). The stock continues to show mixed signals with a short-term dip within a broader uptrend, attracting attention from investors looking for Technology growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $114.12 (30.6% upside).
- Volatility remains elevated (50.96% annualized), implying wide price swings for short-term traders.
- The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (4.70% YoY) alongside significant competitive pressures.
ON Stock Analysis: Key Metrics & Valuation (July 2026)
Concise, actionable data for investors
ON Semiconductor Corporation - Historical Price & Volume
Market Cap
Enterprise Value: $37.91B
P/E Ratio
Forward P/E: 21.92
Revenue Growth
Year over Year
Analyst Target
+30.6% upside potential
Key Investor Questions About ON
What investors need to know before buying
Based on current market data, ON presents a neutral technical setup with caution warranted fundamentals.
- Technicals say: Neutral (RSI 36.92)
- Fundamentals say: Caution warranted (high leverage concerns)
ON's growth trajectory depends on its ability to expand within the Semiconductors sector while managing margin pressures.
- Future growth will depend on performance in core Semiconductors operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
The primary risks for ON investors include debt exposure and competitive dynamics in the Semiconductors industry.
- $3.25B in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Semiconductors.
52-Week Trading Range
Over the past year, ON stock traded between $44.56 and $134.92—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility & Risk Profile
With 50.96% annualized volatility and β=2.19, the stock exhibits high sensitivity to market moves—making ON suitable for investors comfortable with active risk management.
Institutional & Insider Ownership
High institutional backing, but elevated short interest signals a potential battleground stock.
Analyst Sentiment & Price Targets
Latest News & Headlines
Recent headlines and coverage
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Frequently Asked Questions
Common investor questions about ON Semiconductor Corporation
ON Semiconductor Corporation (ON) is currently trading at $87.37. The RSI (14-day) is at 36.9, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $114.12 implies 30.6% upside from current levels. Volatility is high at 51.0% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for ON Semiconductor Corporation (ON): The trailing P/E ratio is 64.24, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is 21.92, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 0.31, below 1.0, which generally indicates the stock is undervalued relative to its growth rate. Price-to-Book is 4.69. Price-to-Sales is 5.61. Valuation should be compared to Semiconductors industry peers for context, as different sectors trade at different multiples.
Based on 25 analysts covering ON, the consensus price target is $114.12. This represents a 30.6% upside from the current price of $87.37. The range spans from a low target of $80.00 to a high target of $150.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
ON Semiconductor Corporation (ON) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.
Key risks for ON Semiconductor Corporation (ON) investors include: 1. High volatility (51.0% annualized)—the stock can experience significant daily price swings. 2. Elevated short interest (11.0% of float) suggests significant bearish sentiment. 3. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 4. Semiconductors sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is ON Semiconductor Corporation's (ON) current debt and financial health profile: Total debt stands at $3.25B. The debt-to-equity ratio is 44.34, which is moderate and generally manageable for most companies. The current ratio is 4.87, indicating strong short-term liquidity. The quick ratio is 2.80. The company holds $2.40B in cash and equivalents. Free cash flow is positive at $1.28B, providing a cushion for debt servicing and shareholder returns.