ON Semiconductor Corporation ($ON) Stock Forecast: Down 5.4% Today

What is ON Semiconductor Corporation?

ON Semiconductor Corp (ON) operates in the semiconductor industry, focusing on power management and sensor products for various sectors. The stock exhibited notable downward movement today.

Why is ON Semiconductor Corporation going down?

ON stock is down 5.4% on May 19, 2026 13:51

• ON Semiconductor Corp (ON) saw a 3.2% decrease in its stock value, suggesting a potential overvaluation when compared to its estimated GF Value™ of $59.70, contrasted with its current trading price of $109.43.
• Recent insider trading activities unveiled a notable sell-off of shares worth $8.5 million in the last quarter, pointing to a probable lack of confidence internally, as no purchases were made.
• Even though providing directors with restricted shares can align their interests with shareholders, it might have contributed to the prevailing negative outlook on the stock.
• Despite the contract extension of an executive and favorable outcomes from the 2026 annual stockholder meeting, the stock price remained unaffected, indicating that factors other than these developments were steering the downward trend.

ON Price Chart

ON Technical Analysis

ON News

ON Semiconductor Corp (ON) Stock Down 3.2% but Still Overvalued -- GF Score: 77/100

ON Semiconductor Corp (ON) shares fell 3.2% to $109.43, marking a significant overvaluation according to its GF Value™ estimate of $59.70. Despite a strong GF Score™ of 77/100, driven by high financial strength and profitability, the valuation rank is a low 1/10, suggesting the stock is overpriced. Insider activity shows $8.5 million in shares sold over the last three months with no purchases, indicating a potential lack of confidence from within the company.

https://www.gurufocus.com/news/8867328/on-semiconductor-corp-on-stock-down-32-but-still-overvalued-gf-score-77100

ON Semiconductor (ON) director granted 1,986 restricted shares

ON Semiconductor director Thomas Deitrich was granted 1,986 shares of restricted common stock under the company's Amended and Restated Stock Incentive Plan. These shares were awarded at no cash cost and will vest the day prior to ON Semiconductor’s next Annual Meeting of Stockholders. Following this transaction, Deitrich directly holds 26,060 common shares, aligning his compensation with shareholder interests.

https://www.stocktitan.net/sec-filings/ON/form-4-on-semiconductor-corp-insider-trading-activity-81d05d21b3a7.html

[Form 4] ON SEMICONDUCTOR CORP Insider Trading Activity

ON Semiconductor (NASDAQ: ON) director Susan K. Carter reported an acquisition of 1,986 shares of common stock as restricted stock, granted under the company's Amended and Restated Stock Incentive Plan at no cash cost per share. This award is part of her equity compensation and vests on the day prior to the company’s next Annual Meeting of Stockholders. After this transaction, Carter directly holds 25,638 common shares.

https://www.stocktitan.net/sec-filings/ON/form-4-on-semiconductor-corp-insider-trading-activity-943209f8ba8b.html

ON Semiconductor (ON) director receives 1,986-share restricted stock award

ON Semiconductor (ON) director Bruce E. Kiddoo was granted 1,986 shares of restricted common stock on May 14, 2026, as an equity award under the company's Amended and Restated Stock Incentive Plan. These shares, with a grant price of $0.00, will vest the day before ON's next Annual Meeting of Stockholders. Following this award, Kiddoo directly holds 19,216 common shares.

https://www.stocktitan.net/sec-filings/ON/form-4-on-semiconductor-corp-insider-trading-activity-a06c9a9c396b.html

ON Semiconductor (NASDAQ: ON) extends executive transition and details 2026 vote outcomes

ON Semiconductor (NASDAQ: ON) has extended the employment of former Group President Simon Keeton until September 30, 2026, to ensure a smooth transition. The company also announced the results of its 2026 annual stockholder meeting, where seven directors were elected, executive compensation was approved on an advisory basis, PricewaterhouseCoopers LLP was ratified as the independent auditor, and a stockholder proposal for simple majority voting was passed. CEO Hassane El-Khoury was re-elected with significant support.

https://www.stocktitan.net/sec-filings/ON/8-k-on-semiconductor-corp-reports-material-event-c2c40bfcc824.html

Trending Today

Silver ($XAG) Commodity Forecast: Down 5.1% Today

SL Green Realty Corp ($SLG) Stock Forecast: Down 5.3% Today

Torchmark Corporation ($GL) Stock Forecast: Down 4.0% Today

Xerox Corporation ($XRX) Stock Forecast: Down 5.2% Today

Akamai Technologies Inc. ($AKAM) Stock Forecast: Down 5.6% Today

Enphase Energy Inc. ($ENPH) Stock Forecast: Down 5.5% Today

Moderna Inc. ($MRNA) Stock Forecast: Down 5.1% Today

Edison International ($EIX) Stock Forecast: Up 7.1% Today

Pacific Gas & Electric Co. ($PCG) Stock Forecast: Up 5.5% Today

Zebra Technologies Corporation ($ZBRA) Stock Forecast: Down 5.5% Today

ON Semiconductor Corporation Price History

18.04.2026 - ON Stock was down 5.1%

• ON Semiconductor Corp. faced a bearish market movement today, possibly influenced by broader industry trends and geopolitical factors.
• The disappointment following the U.S.-China summit, where semiconductor sales to China were not addressed, led to a downturn in several semiconductor stocks, including ON Semiconductor.
• Despite ON Semiconductor's impressive long-term growth and positive outlook in AI data centers and automotive markets, the lack of progress in key trade discussions may have sparked concerns among investors, contributing to the bearish movement.
• While ON Semiconductor's historical performance has been robust, today's market reaction underscores the impact of external factors on stock prices, highlighting the importance of monitoring global developments in the semiconductor industry.

28.03.2026 - ON Stock was down 5.2%

• Pictet Asset Management Holding SA recently increased its ownership stake in ON Semiconductor Corporation, signaling confidence in the company's future prospects. Yet, the company's CFO, Trent Thad, selling shares could have caused unease among investors.
• With conflicting analyst ratings and indications that the stock may be overvalued based on its GF Value, the bearish trend in the market today may be attributed to these factors.
• The stock's proximity to its highest price point in 52 weeks, alongside substantial insider selling by the CFO, might have prompted doubts about the stock's current valuation sustainability.
• Despite some positive analyst upgrades and ongoing strategic developments in the semiconductor industry, concerns over insider selling and overvaluation could have eclipsed these positive developments, thereby contributing to the stock's downturn today.

28.03.2026 - ON Stock was down 6.0%

• The increased stake by Pictet Asset Management Holding SA and other institutional investors was not enough to offset the negative sentiment caused by insider selling activities, particularly the significant sale of shares by ON Semiconductor's CFO, Thad Trent.
• Despite recent positive analyst upgrades and strategic moves within the semiconductor sector, the overvaluation concerns highlighted by the GF Value analysis and InvestingPro analysis likely contributed to the bearish market movement.
• The announcement of a strategic collaboration between NIO Inc. and ON Semiconductor to develop next-generation EV platforms could have positively impacted the stock in the long term but was not sufficient to offset the immediate selling pressure from insider transactions.
• The bearish movement today reflects a delicate balance between positive industry developments and internal selling activities, highlighting the importance of monitoring both external partnerships and insider actions in assessing market movements.

23.03.2026 - ON Stock was up 8.9%

• ON Semiconductor Corp. achieved a new 52-week high, showcasing strong industry performance, albeit lagging behind the S&P 500's growth.
• Merit Financial Group LLC decreased its stock position in ON Semiconductor, potentially influencing the bullish trend and displaying institutional confidence.
• Observations made by Jim Cramer characterizing ON Semiconductor as enigmatic likely piqued investor interest, further propelling the stock's upward trajectory.
• Speculation in the market regarding cross-sector performance of the company or anticipations of increased auto sales due to potential reduced interest rates, as referenced by Jim Cramer, may have contributed to the positive momentum.

23.03.2026 - ON Stock was up 12.0%

• ON Semiconductor has displayed significant market outperformance over the last 15 years, with an average annual return of 15.54%, highlighting its long-term growth potential and investor confidence.
• Positive industry sentiment in the analog semiconductor sector, partly triggered by remarkable data center revenue growth at a major competitor, is believed to have influenced the rise in ON Semiconductor's stock.
• Despite a reduction in ON Semiconductor stock held by Merit Financial Group LLC and analysts' "Hold" rating, the company's strong financial health, low debt-to-equity ratio, and impressive return on equity have strengthened investor sentiment.
• Observers have noted ON Semiconductor's remarkable yet somewhat mysterious performance, with suggestions that increased CPU demand and lower interest rates supporting auto sales could be contributing factors to the stock's recent uptrend.

19.04.2026 - ON Stock was down 5.4%

• ON Semiconductor Corp (ON) saw a 3.2% decrease in its stock value, suggesting a potential overvaluation when compared to its estimated GF Value™ of $59.70, contrasted with its current trading price of $109.43.
• Recent insider trading activities unveiled a notable sell-off of shares worth $8.5 million in the last quarter, pointing to a probable lack of confidence internally, as no purchases were made.
• Even though providing directors with restricted shares can align their interests with shareholders, it might have contributed to the prevailing negative outlook on the stock.
• Despite the contract extension of an executive and favorable outcomes from the 2026 annual stockholder meeting, the stock price remained unaffected, indicating that factors other than these developments were steering the downward trend.

13.04.2026 - ON Stock was up 7.0%

• ON Semiconductor's stock outperformed competitors and the broader market, rising by 3.91% to $107.24.
• The company successfully completed a private offering of $1.5 billion in Convertible Senior Notes due 2031, using the proceeds for various purposes including debt repayment and stock repurchase.
• The bullish movement could be attributed to the positive trading day in the market overall, with both the S&P 500 Index and the Dow Jones Industrial Average experiencing increases.
• Additionally, the company's strategic moves, such as capitalizing on a recent stock surge and expanding into high-growth markets, may have also contributed to investor confidence and the stock's upward momentum.

13.04.2026 - ON Stock was up 16.5%

• ON Semiconductor Corp. (ON) showcased strong positive momentum today, despite previous underperformance in comparison to industry peers.
• The completion of a successful private offering of $1.5 billion in 0% Convertible Senior Notes due 2031 by ON Semiconductor potentially instilled confidence among investors, contributing to the company's favorable performance.
• The market's enthusiastic response may also stem from the broader semiconductor industry's growth potential, evidenced by notable surges in the stock prices of other companies and strategic developments in emerging markets.
• Investors are showing optimism regarding ON Semiconductor's future growth opportunities, particularly observing the company's strategic financial decisions related to debt repayment and expansion.

29.03.2026 - ON Stock was up 5.2%

• The bullish movement in ON Semiconductor Corp.'s stock can be attributed to the increased stake by Pictet Asset Management Holding SA and other institutional investors, indicating confidence in the company's future prospects.
• Despite recent insider selling by the company's CFO, Thad Trent, the market seems to have reacted positively to the strategic moves within the semiconductor sector and positive analyst upgrades, leading to the stock's upward momentum.
• The stock's overvaluation based on its GF Value did not deter investors, possibly due to the overall positive sentiment surrounding the semiconductor industry and the company's growth potential in areas like quantum computing and advanced packaging.
• The mixed analyst ratings and recent share price volatility of SkyWater Technology (SKYT) may have indirectly influenced investors to turn to ON Semiconductor Corp. as a more stable investment option within the semiconductor sector, contributing to the bullish movement in the stock.

29.03.2026 - ON Stock was up 5.9%

• ON Semiconductor Corp. (ON) stock closed 4.83% lower at $93.30 in a bearish market session, displaying underperformance.
• The decline in the stock price might be linked to significant insider selling, specifically by EVP & CFO Trent Thad, indicating potential doubts about the company's future performance.
• Other factors that could have contributed to the negative market sentiment include mixed analyst ratings and the stock being deemed significantly overvalued with a GF Value of $58.38.
• Despite the challenging market conditions and sales by insiders, investors are advised to stay vigilant regarding any new developments and carefully evaluate the risks and potential rewards associated with ON Semiconductor Corp.

05.04.2026 - ON Stock was up 1.7%

• Strong performance in Q1 2026, exceeding revenue and EPS projections, was driven by substantial growth in AI data center revenue for ON Semiconductor.
• Optimistic projections, including the anticipation of doubling AI data center revenue annually and continuous gross margin expansion, bolstered investor confidence and drove the stock price upwards.
• Positive market sentiment, demonstrated by the uptick in stock futures and unwavering investor optimism amid geopolitical uncertainties, likely contributed to the company's strong performance.
• Emphasis on growth drivers like automotive, industrial, and AI applications, together with notable share buybacks and promising growth opportunities, positioned ON Semiconductor well in the market, leading to significant bullish movement.

12.04.2026 - ON Stock was down 5.1%

• The completion of a private offering amounting to $1.5 billion in 0% Convertible Senior Notes due 2031, coupled with the full exercise of the initial purchasers' option, raised concerns about potential dilution and rising debt levels, resulting in a negative impact on investor confidence.
• Despite recent achievements like outperforming competitors and hitting a 52-week high, the sale of 48,860 ON shares by Simon Keeton, an insider, could indicate profit-taking or skepticism regarding the stock's short-term prospects, contributing to the bearish trend.
• On a day when the broader market thrived, as evidenced by gains in both the S&P 500 Index and the Dow Jones Industrial Average, the decline in ON Semiconductor's stock may have been more influenced by internal factors than by overall market trends.
• Investors will be focusing on forthcoming earnings releases from prominent companies such as ON Semiconductor to glean insights into semiconductor demand patterns and consumer expenditure habits, factors poised to impact the stock's performance in the near term.