ON (ON Semiconductor) Stock Analysis - News

ON Semiconductor (ON) is a publicly traded Technology sector company. As of May 20, 2026, ON trades at $110.00 with a market cap of $42.55B and a P/E ratio of 376.09. ON moved +3.93% today. Year to date, ON is +87.78%; over the trailing twelve months it is +149.01%. Its 52-week range spans $31.04 to $119.10. Analyst consensus is buy with an average price target of $104.04. Rallies surfaces ON's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in ON news today?

onsemi slides after pricing $1.3B 0% convertible notes due 2031: onsemi disclosed today that it priced a $1.3 billion private offering of 0% convertible senior notes due 2031, with an initial conversion price around $161.30 per share (about a 52.5% premium to the prior close). The financing and related hedge/warrant mechanics can pressure the stock intraday due to dilution/technical supply concerns and dealer hedging dynamics.

ON Key Metrics

Key financial metrics for ON
MetricValue
Price$110.00
Market Cap$42.55B
P/E Ratio376.09
EPS$0.29
Dividend Yield0.00%
52-Week High$119.10
52-Week Low$31.04
Volume6.43M
Avg Volume0
Revenue (TTM)$6.00B
Net Income$123.60M
Gross Margin33.09%

Latest ON News

Recent ON Insider Trades

  • Thad Trent sold 30.00K (~$3.00M) on Apr 24, 2026.
  • Thad Trent sold 30.00K (~$2.79M) on Apr 23, 2026.
  • Thad Trent sold 30.00K (~$2.40M) on Apr 16, 2026.

ON Analyst Consensus

24 analysts cover ON: 0 strong buy, 12 buy, 12 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $104.04.

Common questions about ON

What changed in ON news today?
onsemi slides after pricing $1.3B 0% convertible notes due 2031: onsemi disclosed today that it priced a $1.3 billion private offering of 0% convertible senior notes due 2031, with an initial conversion price around $161.30 per share (about a 52.5% premium to the prior close). The financing and related hedge/warrant mechanics can pressure the stock intraday due to dilution/technical supply concerns and dealer hedging dynamics.
Does Rallies summarize ON news?
Yes. Rallies summarizes ON news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is ON research on Rallies investment advice?
No. Rallies provides research, data, and educational context for ON. It does not provide personalized investment advice.
ON

ON Semiconductor