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ON

ON Semiconductor Corporation

At today's price, ON Semiconductor Corporation (ON) is priced for today's economics sustained for ~24.1 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
today's economics sustained for ~24.1 years
Priced In
elevated

Key Takeaways

The decisive number for ON is the automotive line. In Q1 2026 automotive revenue grew nearly 5% year over year, the first year-over-year growth after seven straight quarters of decline. If that inflection is real, the cycle is turning; if it is a head fake, the price has a long way to fall. At $121.52 no valuation family reaches the price. The methods cluster far below, with a blended estimate near $23, and the price is rich on assets, earnings power, peers and even forward growth. Inverting th

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Institutional ownership

804 institutional managers reported holding ON in 13F filings for the quarter ended 2026-03-31. 126 opened new positions that quarter. Held by FMR (Fidelity), Vanguard Group, BlackRock, among others. On the short side, 31.2M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (2.6 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

ON has cut its share count 7.9% over the past five years, spending $3.22B on repurchases. It pays no dividend. Cash returned over the past three years: $2.79B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at ON over the trailing three years. Absence is a fact about the company, not a signal. 11 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

ON's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-01+2.9%-17.0%
2023-10-31-25.0%+30.0%
2024-02-06+7.8%-7.0%
2024-04-30+3.1%+3.9%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

ON's latest 8-K filings: 2026-06-25 (items 1.01, 8.01, 9.01); 2026-05-18 (items 5.02, 5.07); 2026-05-12 (items 1.01, 2.03, 3.02, 8.01, 9.01); 2026-05-07 (items 8.01, 9.01); 2026-05-06 (items 8.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.