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On Semiconductor Corp
$91.22 -3.41 (-3.60%) At close · Jul 2
Market Cap
$35.75B
Shares
391,903,191

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$91.22 Open$94.75 Day$89.25–98.21 52W$44.56–134.92 Avg vol 30d12.5M Short int31.2M · 8.0% float · 2.6d Short vol38% Last earningsMay 4, 2026 DataJan 2020–Jul 2026 Filing10-Q · May 4
Equibles Rating blended score · not investment advice
Overall
Neutral
Technical · trend & momentum Sell
50 / 200-day cross no cross
+ Price vs 200-day avg +28% above
Price vs 50-day avg −18% below
RSI (14) 39 · neutral
MACD trend negative
52-week position 52% · mid-range
Sentiment · smart money Bearish
Trend (MA cross) 50d $111 › 200d $71 — 50d above 200d
Institutional flow 6 of 836 funds reported for Jun 30 · net -23.9K sh shares · +1 new
Insider flow Net -$8.2M over 90 days · 100% sells
+ Short interest 7.96% of float · ▼ -0.2% MoM · 2.6 days cover
Volume signal Volume near normal
Institution breadth 836 holders — mid 3-yr range
Fundamentals Strong
+ Revenue growth +10% Y/Y
+ Gross margin 137%, contracting
EPS growth −92% Y/Y
+ Free cash flow $1.4B
Valuation P/E 67.1 · in line
+ Buyback $5.7B remaining
Balance sheet net debt $832.9M

Blended from price, positioning & fundamentals · daily-close · not investment advice.

Up next
Next earnings call
Aug 3, 2026 Est · unconfirmed · in 4 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed May 4, 2026
AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Guidance & track record
      Latest guidance · from the 8-K filed May 4, 2026
      Total onsemi GAAP Revenue · second quarter of 2026 Initiated $1.54B – $1.64B
      prior qtr $1.51B midpoint +4.7% QoQ
      Total onsemi Non-GAAP Revenue · second quarter of 2026 Initiated $1.54B – $1.64B
      Total onsemi GAAP Gross Margin · second quarter of 2026 Initiated 37.9% – 39.9%
      Total onsemi Non-GAAP Gross Margin · second quarter of 2026 Initiated 38% – 40%
      Total onsemi GAAP Operating Expenses · second quarter of 2026 Initiated $302M – $317M
      Total onsemi Non-GAAP Operating Expenses · second quarter of 2026 Initiated $287M – $302M
      Diluted Earnings Per Share · second quarter of 2026 Initiated $0.60 – $0.72
      prior qtr $-0.08 midpoint +925.0% QoQ
      Diluted Earnings Per Share · second quarter of 2026 Initiated $0.65 – $0.77

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Sell
      2 · 3 · 1
      50 / 200-day cross
      no cross Neutral
      Price vs 200-day avg
      +28% above Bullish
      Price vs 50-day avg
      −18% below Bearish
      RSI (14)
      39 · neutral Neutral
      MACD trend
      negative Bearish
      52-week position
      52% · mid-range Neutral
      Market signals — smart money & positioning
      Bearish · 2 of 6
      Trend (MA cross) No cross
      50d $111 › 200d $71 — 50d above 200d
      Institutional flow Distributing
      6 of 836 funds reported for Jun 30 · net -23.9K sh shares · +1 new
      Insider flow Distributing
      Net -$8.2M over 90 days · 100% sells
      Short interest Falling
      7.96% of float · ▼ -0.2% MoM · 2.6 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      836 holders — mid 3-yr range
      Price context
      position in its 52-week range
      52-wk low $45 Now $91 · 52% 52-wk high $135
      vs 200-day avg +28% vs 50-day avg -18%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      Share repurchases $346M Q1 2026
      free cash flow $1.4B Full Year 2025
      free cash flow margin 24% Full Year 2025
      non-GAAP gross margin non-GAAP 38.4% Full Year 2025
      non-GAAP operating margin non-GAAP 18.6% Full Year 2025

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      Versus peers

      Semiconductors — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      ON
      On Semiconductor Corp
      this stock
      $35.75B +68.5% +11.8% 67.1 8.0%
      NVDA
      Nvidia Corp
      $4.71T +4.6% +125.9% 29.8 1.2%
      TSM
      Taiwan Semiconductor Manufacturing Co Ltd
      $2.25T +43.3% 0.1%
      AVGO
      Broadcom Inc.
      $1.71T +4.5% +7.9% 60.0 1.3%
      MU
      Micron Technology Inc
      $1.10T +242.0% +49.5% 3.7%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Reducing
      Holders
      837
      % held
      101.7%
      Reported
      6 of 836
      Top holder
      FMR LLC
      Held Float
      View
      Held by Funds
      Fund positions
      751
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      31.2M
      Days to cover
      2.6d
      Change
      -61.8K sh
      View
      Short Volume
      Short vol %
      38%
      As of
      Jul 2, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      20.6K
      Value
      $2.4M
      As of
      Jun 12, 2026
      View
      Off-Exchange
      Off-exchange %
      41.6%
      Week of
      Jun 8, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$8.2M
      Buyers / Sellers
      0 / 1
      Buyers Sellers
      View
      Congressional Trades Sell
      Member
      Julie Johnson
      Amount
      $1.0K–$15.0K
      Traded
      Apr 1, 2025
      View
      Financials
      Financials
      Revenue (FY)
      $6.0B
      Net income (FY)
      $121.0M
      EPS diluted
      $0.29
      View
      Buybacks
      Authorized · 2 programs
      $9.0B
      Remaining
      $5.7B
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jun 25, 2026
      This year
      11
      View
      Proposed Sales
      Value
      $1.8M
      Shares
      16.7K
      Filed
      Jun 10, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      May 4, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      ON -23.2% -31.9% +49.8% -3.5% +68.5%
      SPY +1.4% -1.3% +8.0% -0.3% +9.2%
      vs SPY -24.6% -30.6% +41.8% -3.2% +59.2%

      Capital returns

      Buyback programs · 2 active · as of Apr 3, 2026
      Authorized (total)
      $9.00B
      Spent (derived)
      $3.30B
      Remaining
      $5.70B
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1097864 CUSIP 682189105 13F (30d) 37 filings 10 filers Visit website Investor relations