ON — ON Semiconductor Corporation

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates ON Bullish with a Setup Score of 66, net conviction 49, actionability 90. How the Setup Score works →

Total Setup Score66
Directional BiasBullish
Net Conviction49
Actionability90 (in range)

Key signals behind this score

About ON Semiconductor Corporation

ON Semiconductor Corporation provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally. It operates through three segments: Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and integrated semiconductor devices designed to enable power conversion, including power switching, signal… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$71.93
Market Cap$29.09B
Float387.6M
Shares Outstanding389.3M
P/E (Forward)23.92
P/E (TTM)48.83
Price/Sales (TTM)4.69
vs. Analyst Target+49.7% to analyst PT
Profit Margin10.17%
Operating Margin (TTM)19.53%
Revenue (TTM)$6.20B
Earnings Growth (YoY)36.60%
Dividend RateNone
Analyst Target Price$107.68 (31 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $5.25B $234M $1.72B $970M
2021 $6.74B $1.01B $2.71B $1.88B
2022 $8.33B $1.90B $4.08B $3.01B
2023 $8.25B $2.18B $3.88B $2.54B
2024 $7.08B $1.57B $3.22B $2.54B
2025 $6.00B $121M $1.94B $888M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $1.55B $255M
Dec 2025 $1.53B $182M
Mar 2026 $1.51B -$33.4M
Jun 2026 $1.60B $227M

Ownership & Float

Insider Ownership0.3%
Institutional Ownership106.1%
Short Float8.0%
% of All Funds Holding11.26%
Number of Funds Holding990

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$84.36Near-term / short-term trend
Weekly40-Week SMA$78.62Medium-term trend
Weekly80-Week SMA$63.25Cyclical trend (business cycle)
Weekly200-Week SMA$70.68Secular trend (multi-year)
Monthly10-Month SMA$76.22Near-term monthly trend
Monthly20-Month SMA$62.09Medium-term monthly trend
Monthly40-Month SMA$70.13Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$92.00 resistance 1.04x 0 months ago
$119.00 resistance 1.47x 1 months ago
$60.00 support 1.09x 3 months ago
$42.00 support 1.21x 13 months ago

Historical Earnings Reactions (105 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.86% 0.53% 55.24% 17.45% -17.93%
1 Day 0.68% 0.50% 59.05% 16.20% -17.93%
1 Week 1.92% 1.13% 60.00% 21.23% -32.21%
2 Weeks 1.84% 2.61% 59.05% 56.85% -30.65%
1 Month 4.72% 2.46% 57.69% 96.99% -42.21%

Next earnings: October 22, 2026 (57 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan5.7%61.5%26
Feb4.1%65.4%26
Mar-1.7%42.3%26
Apr2.9%38.5%26
May9.9%76.9%26
Jun-3.9%33.3%27
Jul2.0%66.7%27
Aug-0.3%42.3%26
Sep-5.9%38.5%26
Oct-2.3%46.2%26
Nov8.1%76.9%26
Dec4.3%65.4%26

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.05% 50.1% 1241
Tuesday 0.07% 49.9% 1357
Wednesday 0.22% 51.7% 1358
Thursday 0.06% 47.7% 1332
Friday 0.04% 51.5% 1327

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 106.1%

Insider Transactions — Smart Summary

Total insider ownership: 0.3%

12-Month Insider Activity Summary

Total Filings8
Net Value-$21.9M
Net Shares Change-293,445
% of Float-0.1%
C-Suite Filings8
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Thad Trent Exec VP & CFO -$14.0M 4 1 sell
KEETON SIMON Group President, PSG -$4.7M 2 2 sell
El-Khoury Hassane CEO & President -$2.9M 1 1 sell
GOPALSWAMY SUDHIR Group President, AMG & ISG -$358,708.38 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-02-12 – 2026-02-18 3 3 -$11.1M 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-16 GOPALSWAMY SUDHIR Group President, AMG & ISG -$358,708.38 Transaction at $58.67, now +22.6%
2026-02-18 KEETON SIMON Group President, PSG -$3.5M Transaction at $71.75, now +0.3%
2025-12-08 KEETON SIMON Group President, PSG -$1.2M Transaction at $55.72, now +29.1%
2025-12-04 Thad Trent Exec VP & CFO -$1.1M Transaction at $55.05, now +30.7%
2026-02-12 El-Khoury Hassane CEO & President -$2.9M Transaction at $70.20, now +2.5%
2026-04-27 Thad Trent Exec VP & CFO -$5.8M Transaction at $96.50, now -25.5%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for ON Semiconductor Corporation (ON) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for ON on Trend Edge →