Stocks / ON

ON stock forecast

ON SEMICONDUCTOR CORP · Technology · Semiconductors

The model's rating

Greatly Outperform

ON is rated Greatly Outperform as of September 29, 2026: its medium-term return forecast is in the top fifth of the stocks the model scores.

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ON is not among the 20 largest holdings published for 2026 Q4. See the portfolio

ON against the S&P 500

PeriodONS&P 500 (SPY)
1 month+3.8%-0.3%
3 months-18.8%+2.5%
Year to date+42.0%+12.7%
1 year+55.9%+15.7%

Total return, dividends included.

Key numbers

Price$76.87
Market cap29.93 Billion
P/E (trailing 12 months)49.0
P/S (trailing 12 months)4.8
P/B (latest quarter)4.3
Gross margin37.7%
Net profit margin10.2%
Return on equity8.4%
Beta2.7

As of August 3, 2026.

ON and its closest peers

StockCompanyMarket capModel rating
MCHP MICROCHIP TECHNOLOGY INC 42.23 Billion Underperform MCHP vs ON
SWKS SKYWORKS SOLUTIONS INC 12.86 Billion Outperform ON vs SWKS
NXPI NXP SEMICONDUCTORS NV 59.9 Billion Outperform NXPI vs ON
MPWR MONOLITHIC POWER SYSTEMS INC 66.21 Billion Greatly Underperform MPWR vs ON
ADI ANALOG DEVICES INC 192.23 Billion Underperform
QCOM QUALCOMM INC 193.24 Billion Greatly Outperform
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Questions

What does the Upfront Investment model say about ON?

The model rates ON SEMICONDUCTOR CORP (ON) "Greatly Outperform" as of September 29, 2026, which means its medium-term return forecast is in the top fifth of the stocks the model scores. The rating is a statistical forecast, not a recommendation to buy or sell.

How is the ON rating produced?

A machine-learning model forecasts each stock's return over the coming months and ranks the forecasts against each other. The label says where this stock's forecast falls in that ranking. It is refreshed whenever the model's data updates, normally every trading day.

Is ON in the Upfront Investment model portfolio?

ON is not among the 20 largest holdings published for 2026 Q4.

The rating is the output of a statistical model and can be wrong. It is not investment advice and takes no account of your circumstances. Past performance does not guarantee future results.