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ON Semiconductor Corporation (ON)

Technology Balanced

ON Semiconductor designs and manufactures the clever power-management chips that help electric vehicles and industrial machines run more efficiently.

$81.61

Is ON Semiconductor Corporation a good stock for a UK beginner?

The honest version: ON Semiconductor designs and manufactures the clever power-management chips that help electric vehicles and industrial machines run more efficiently.

No rating · no target price · nothing for sale here
Price+13.5%
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range+47% past year
$81.61
Low $44.56High $134.92
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into ON Semiconductor Corporation
$1,135+14%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$31.76B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
12.52M
Day range: The lowest and highest price the shares traded at during the latest day.
$81.42 – $86.70
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$44.56 – $134.92
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
61.8
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
2.01
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 2.01
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +3% past week · ▲ +47% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Dominance in the green energy transition

The bear case

Technological shifts making their chips obsolete

What does ON Semiconductor Corporation do?

ON Semiconductor creates the essential 'brains' and power components that control electricity in everything from electric cars to factory robots. Sales of these specialised chips to big manufacturers who need to save energy and improve performance are what bring in the money. How quickly the electric vehicle market grows really matters here, since that is where a huge chunk of their business is focused.

VQGMI
Factor profile

On our factor screen it looks strongest on momentum and quality, and weakest on income.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 44Quality: How profitable and financially healthy the company is (higher = stronger). 45Growth: How fast revenue and earnings are growing (higher = faster). 28Momentum: How the share price has been trending recently (higher = stronger recent run). 54Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • Strong focus on high-growth areas like electric vehicles
  • Solid manufacturing margins
  • Essential technology for energy efficiency
What to watch
  • Growth screens low (28/100)
  • Income screens low (16/100)
  • Potential for a slowdown in electric vehicle sales
  • Intense competition from other global semiconductor firms
  • Supply chain disruptions affecting production

What do ON Semiconductor Corporation's numbers mean?

P/E
70.6
This shows how much you are paying for every pound of the company's current profit; a high number suggests investors expect significant growth in the future.
Forward P/E
20.9
This is a similar calculation but uses predicted future profits, suggesting that analysts expect the company to become more profitable over the coming year.
Gross margin
42.7%
This tells us how much money is left over from sales after paying for the direct costs of making the chips, showing how efficient their manufacturing process is.
Beta
2.0
This measures how much the share price tends to jump around compared to the wider market; a score of 2.0 means it is typically twice as volatile.

How much money does ON Semiconductor Corporation make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$387.73M$775.45M$1.16B$1.55BQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
42.7%
Net margin
9.5%
Return on equity
7.5%

Does ON Semiconductor Corporation pay a dividend?

No - ON Semiconductor Corporation doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

More in Technology

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What are the scenarios for ON Semiconductor Corporation?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$139$82$39today · $82▲ Bull · $92• Base · $82▼ Bear · $69in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+10% to +15%Stronger demand for electric vehicle components
Base
-5% to +5%Steady demand in line with current trends
Bear
-10% to -20%A slowdown in global car manufacturing

What are the pros and cons of ON Semiconductor Corporation?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Strong focus on high-growth areas like electric vehicles
  • Solid manufacturing margins
  • Essential technology for energy efficiency
The catch3
  • High share price volatility
  • No dividend payments for income-focused investors
  • Relies heavily on the cyclical automotive industry
Key risks3
  • Potential for a slowdown in electric vehicle sales
  • Intense competition from other global semiconductor firms
  • Supply chain disruptions affecting production
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.