Financial Performance
5Y price score: 94
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 558.6%
US$ Per
Share
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44.5
52-week range
134.9
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
6.1 %
Dividend Yield TTM
-
Market cap $
$ 28,229
Price / Earnings TTM
46.5
Price / Book TTM
3.9
PEG TTM
0.3
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
42.3 %
66.7 %
558.6 %
Free cash flow per share growth
(2.5) %
260 %
642.8 %
Earnings per share growth
148.7 %
(48.2) %
(39.6) %
Founded: 1,999
Employees: 26,400
Business Summary:
Latest Earnings Call Takeaways
2026 Q2 (Aug 3, 2026)
1) Strategic Overview and Market Position
- onsemi is experiencing a recovery in demand, particularly in AI data centers, automotive, and industrial sectors.
- The company has expanded its role in the NVIDIA MGX ecosystem, enhancing its offerings for next-generation AI data centers.
- onsemi's acquisition of Synaptics is expected to close in mid-2027, aiming to leverage complementary strengths in power, sensing, and control.
2) Financial Performance and Segment Results
- Q2 2026 revenue reached $1.6 billion, a 9% YoY increase, with non-GAAP gross margin at 39.3% and diluted EPS of $0.74.
- Automotive revenue was $781 million, up 7% YoY, while industrial revenue was $423 million, up 4% YoY.
- The Power Solutions Group (PSG) saw revenue of $829 million, a 19% YoY increase, indicating strong demand across its segments.
| Segment | Q2 2026 Revenue | YoY Growth |
|---|---|---|
| Automotive | $781 million | 7% |
| Industrial | $423 million | 4% |
| Power Solutions Group | $829 million | 19% |
3) Growth Drivers and Operational Plans
- AI data center revenue is expected to more than double in 2026, driven by increased demand and new customer wins.
- Silicon carbide revenue in AI applications is projected to grow nearly 60% YoY.
- The company is focusing on expanding its content per vehicle in the automotive sector, particularly in China, where silicon carbide revenue is expected to rise 60-70% YoY.
4) Challenges and Market Dynamics
- Lead times for orders have extended from 27 weeks to 32 weeks, reflecting a tightening supply in several growth areas.
- onsemi is implementing price increases to offset rising input costs, which are not expected to decrease in the near term.
- The company has exited non-core revenue streams, completing a planned divestiture of $35 million in Q2, contributing to a total of $300 million for the year.
5) Guidance and Future Outlook
- For Q3 2026, onsemi anticipates revenue between $1.65 billion and $1.75 billion, with non-GAAP gross margin expected to be between 40% and 42%.
- The company is confident in its ability to maintain growth momentum across key sectors, with a focus on leveraging its manufacturing efficiencies and technological advancements.
- The transcript lacks specific details on the anticipated impact of the Synaptics acquisition on future revenue and operational synergies.
Bottom line: onsemi is positioned for significant growth driven by its strong presence in AI data centers and automotive markets, with robust financial performance and strategic initiatives that enhance its competitive edge. Shareholders can expect continued expansion and value creation as the company navigates a recovering demand environment.
Annual Reports, Presentations And IR Contacts
Go to the websiteON Semiconductor — Financial Overview, Stock Price, Market Cap
ON Semiconductor is a company. Founded in 1999. As of August 26, 2026, the company's market capitalization is $28229013120 with a current stock price of $72.51.