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ON Semiconductor Corporation ($ON) Stock Forecast: Down 5.1% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is ON Semiconductor Corporation?

ON Semiconductor Corporation (ON) is a semiconductor company that has been experiencing a bearish movement in the market today.

Why is ON Semiconductor Corporation going down?

ON stock is down 5.1% on Jan 29, 2026 15:44

  • A notable institution, Great Lakes Advisors LLC, decreased its stake in ON Semiconductor by 4.3%, selling 15,705 shares.
  • In contrast, another institution, J. Safra Sarasin Holding AG, significantly increased its stake in ON Semiconductor by 356.0%.
  • ON Semiconductor was classified as a cyclical stock by an industry expert, potentially contributing to investor uncertainty.
  • GlobalFoundries, a semiconductor manufacturer, performed well, reaching a 52-week high, possibly diverting investor attention from ON Semiconductor and influencing its stock price negatively.

ON Price Chart

ON Technical Analysis

ON News

Great Lakes Advisors LLC Sells 15,705 Shares of ON Semiconductor Corporation $ON

Great Lakes Advisors LLC reduced its stake in ON Semiconductor by 4.3%, selling 15,705 shares and holding 352,980 shares valued at $17.41 million. This reduction comes amidst other institutional investor activity and an insider sale by CFO Trent Thad. The company's recent Q3 earnings beat expectations, and despite a year-over-year revenue decline, the board authorized a $6.0 billion share buyback program.

https://www.marketbeat.com/instant-alerts/filing-great-lakes-advisors-llc-sells-15705-shares-of-on-semiconductor-corporation-on-2026-01-29/

0 News Article Image Great Lakes Advisors LLC Sells 15,705 Shares of ON Semiconductor Corporation $ON

ON Semiconductor Corporation $ON Shares Bought by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG significantly increased its stake in ON Semiconductor Corporation (NASDAQ:ON) by 356.0% in the third quarter, bringing their total holdings to $1.33 million. Other institutional investors also adjusted their positions in the semiconductor company. The article details ON Semiconductor's financial performance, stock movement, analyst ratings, and recent insider trading activity, including a share repurchase program and CFO stock sale.

https://www.marketbeat.com/instant-alerts/filing-on-semiconductor-corporation-on-shares-bought-by-j-safra-sarasin-holding-ag-2026-01-29/

1 News Article Image ON Semiconductor Corporation $ON Shares Bought by J. Safra Sarasin Holding AG

Best Consumer Stock to Buy Right Now: Nike or TJX Companies?

This article compares Nike and TJX Companies as potential investments in the consumer discretionary sector, which has underperformed the broader market. It details Nike's struggles with sales growth due to competition and a shift in strategy, while TJX Companies has thrived by offering discounted merchandise, especially during economic downturns. The author concludes that TJX Companies is the better buy due to its sales growth, reasonable valuation, and defensive characteristics.

https://finviz.com/news/290037/best-consumer-stock-to-buy-right-now-nike-or-tjx-companies

2 News Article Image Best Consumer Stock to Buy Right Now: Nike or TJX Companies?

Jim Cramer Calls NXP Semiconductors "Cyclical"

Jim Cramer identified NXP Semiconductors (NXPI) as a cyclical stock, distinguishing it from other semiconductor companies he considers secular. He advised against buying cyclical stocks like NXPI, On Semi, and Texas Instruments, recommending a buy-and-sell approach he dislikes. Parnassus Investments, however, added NXP to its portfolio, believing it is well-positioned for growth in the automotive and industrial sectors due to increasing semiconductor content and strong customer relationships.

https://finviz.com/news/289727/jim-cramer-calls-nxp-semiconductors-cyclical

3 News Article Image Jim Cramer Calls NXP Semiconductors "Cyclical"

GlobalFoundries stock hits 52-week high at 47.7 USD By Investing.com

GlobalFoundries (GFS) stock has reached a new 52-week high of $47.7 USD, demonstrating significant growth with a 26.63% year-to-date return. The semiconductor manufacturer holds strong financials with more cash than debt, and while not profitable in the last year, analysts predict profitability for the current year. Recent strategic moves include acquiring Synopsys' ARC Processor IP Solutions and a collaboration with ON Semiconductor to develop next-generation gallium nitride power devices.

https://uk.investing.com/news/company-news/globalfoundries-stock-hits-52week-high-at-477-usd-93CH-4472326

4 Missing News Article Image GlobalFoundries stock hits 52-week high at 47.7 USD By Investing.com

ON Semiconductor Corporation Price History

14.10.2025 - ON Stock was down 5.2%

  • The increase in short interest indicates a growing number of investors betting against ON Semiconductor's stock.
  • The rise in shares sold short could be due to concerns about the company's future performance or market conditions.
  • This negative sentiment likely contributed to the bearish movement in ON's stock price today.

29.00.2026 - ON Stock was down 5.1%

  • A notable institution, Great Lakes Advisors LLC, decreased its stake in ON Semiconductor by 4.3%, selling 15,705 shares.
  • In contrast, another institution, J. Safra Sarasin Holding AG, significantly increased its stake in ON Semiconductor by 356.0%.
  • ON Semiconductor was classified as a cyclical stock by an industry expert, potentially contributing to investor uncertainty.
  • GlobalFoundries, a semiconductor manufacturer, performed well, reaching a 52-week high, possibly diverting investor attention from ON Semiconductor and influencing its stock price negatively.

19.10.2025 - ON Stock was up 5.5%

  • The stock of ON Semiconductor had a strong bullish movement today, despite a slight decrease in the current session.
  • The positive performance over the past 10 years, outperforming the market by 3.95% annually, could have contributed to investor confidence and buying interest.
  • The increase in short interest may have led to a short squeeze scenario, where short sellers rushed to cover their positions, driving the stock price higher.
  • Overall, the combination of long-term outperformance, market capitalization, and short interest dynamics likely fueled the bullish movement in ON Semiconductor's stock today.

03.11.2025 - ON Stock was up 10.7%

  • ON Semiconductor's collaboration with Innoscience to increase GaN power device production has drawn investor optimism, contributing to the bullish market movement.
  • Strong third-quarter earnings and a $6 billion share repurchase program have boosted investor confidence in ON Semiconductor's growth prospects.
  • ON Semiconductor's strategic moves, including the partnership with Innoscience and positive financial performance, have attracted institutional investors like Norges Bank, which recently made a significant investment in the company.
  • The company's emphasis on expanding presence in AI-related applications and other key markets through innovative collaborations and product developments has positioned ON Semiconductor well for future growth, leading to an increase in the stock price.

03.11.2025 - ON Stock was up 7.0%

  • ON Semiconductor experienced a notable uptrend in its stock today which was influenced by favorable developments and market sentiment:
  • An increase in holdings by Prudential Financial Inc. was observed following ON Semiconductor outperforming Q3 earnings expectations and offering optimistic Q4 guidance.
  • Norges Bank introduced a new position in ON Semiconductor after the company's board sanctioned a sizable $6.0 billion stock repurchase plan, reflecting a positive outlook on the company's future performance.
  • Investor confidence in ON Semiconductor's growth prospects was further enhanced by its partnership with Innoscience to expand production of GaN power devices for a targeted $2.9 billion market by 2030.
  • While some institutional investors such as Schroder Investment Management Group and Distillate Capital Partners LLC reduced their investments in the company, overall optimism and positive developments drove the bullish trend in ON Semiconductor's stock today.

03.11.2025 - ON Stock was up 10.7%

  • ON Semiconductor's bullish movement today can be attributed to a combination of positive factors:
  • Surpassing Q3 earnings per share and revenue estimates, showcasing strong financial performance.
  • Norges Bank initiated a new investment in the company, acquiring a significant stake and demonstrating confidence in ON Semiconductor's future prospects.
  • Approval of a substantial $6.0 billion stock buyback program by the company's board, signaling management's belief in the company's value and potential for growth.
  • Collaboration with Innoscience to explore GaN power devices production for a projected $2.9 billion market by 2030 could have sparked investor optimism about future revenue streams and technological advancements.

06.00.2026 - ON Stock was up 5.3%

  • The bullish movement in ON Semiconductor's stock today is linked to the market's confidence in the company's silicon carbide technology and its potential applications in the electric vehicle (EV) industry.
  • Despite concerns about slowing EV demand, investors appear reassured by the stock price stabilization, suggesting a shift towards value-oriented buying.
  • The company's innovative power management and connectivity solutions, combined with the positive sentiment in the semiconductor industry, likely contributed to today's bullish movement.
  • Investors are eagerly anticipating guidance from the company and macroeconomic trends to gauge the next significant development in ON Semiconductor's stock.

06.00.2026 - ON Stock was up 5.1%

  • Despite prevailing bearish sentiment, ON Semiconductor exhibited notable bullish movement in the market today.
  • The stock's positive momentum could be attributed to investors recognizing the potential long-term value in its power management and silicon carbide offerings, despite concerns around decelerating electric vehicle (EV) demand.
  • Observing the stock stabilizing in the low-to-mid $70s, it suggests that value-focused buyers may be showing interest, hinting at a shift in sentiment towards the company.
  • Market participants are likely keeping a close watch on any developments related to ON Semiconductor's silicon carbide ventures and EV market trends to assess the stock's future trajectory.

28.00.2026 - ON Stock was up 5.7%

  • ON Semiconductor experienced a strong bullish movement today.
  • The bullish trend could be attributed to the positive market sentiment towards semiconductor companies, especially with recent developments in the industry showcasing strong financials and growth prospects.
  • Views from market influencers and investment firms have created some uncertainty in the semiconductor sector, potentially benefiting ON Semiconductor as investors seek alternatives.
  • The upcoming earnings release by ON Semiconductor on February 9th could also be driving the bullish momentum as investors anticipate the company's performance amidst a challenging market for chip stocks.

05.10.2025 - ON Stock was up 5.1%

  • Q3 earnings of ON Semiconductor exceeded expectations, with a rise in revenues compared to the previous year, showcasing robust financial performance.
  • Following the encouraging earnings results, the company's stock saw an increase, indicating investor confidence in its future growth.
  • Despite a slight drop in quarterly revenue, ON Semiconductor is capitalizing on the expansion of AI technology and a steady chip market, fueling the positive movement in its stock value.
  • The market's favorable response to ON Semiconductor's earnings and growth outlook implies investor optimism regarding the company's resilience in dealing with challenges like narrowing margins and increased expenses.

04.11.2025 - ON Stock was down 5.0%

  • ON Semiconductor's stock experienced a noticeable decline despite favorable developments and institutional investments.
  • Earlier, the stock had shown considerable growth driven by an ambitious expansion strategy, collaborations, and strong quarterly performance.
  • The recent decline may be linked to investors taking profits following a period of significant price increases.
  • Notwithstanding the recent dip, ON Semiconductor's fundamental strengths point to a promising growth trajectory within the semiconductor sector.

21.00.2026 - ON Stock was up 6.6%

  • ON Semiconductor's price target was raised to $65 by Bank of America, signaling a potential upside of almost 5%, and the company authorized a $6.0 billion share buyback program, indicating management's belief that the stock is undervalued.
  • Despite a year-over-year revenue decline, ON Semiconductor's Q3 results included an EPS beat, which boosted market sentiment.
  • Fisher Funds Management LTD notably increased its stake in ON Semiconductor, in line with the positive outlook on the stock.
  • The upbeat news and growing confidence in ON Semiconductor's potential for growth likely fueled today's bullish market movement.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.