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

What is ON Semiconductor Corporation?

ON Semiconductor Corp. (ON) is a semiconductor solutions company that provides energy-efficient power management, analog, sensors, logic, timing, connectivity, discrete, SoC, and custom devices. The company operates in various markets such as automotive, industrial, cloud power, and consumer electronics.

Why is ON Semiconductor Corporation going down?

ON stock is down 5.1% on Jun 5, 2026 14:27

• ON Semiconductor Corp. (ON) stock underperformed on Thursday, declining by 1.58%, breaking a three-day winning streak, amidst a bullish market.
• The bearish movement could be attributed to profit-taking after the recent gains or concerns about the company's ability to compete effectively in the AI power management sector.
• The insider selling of 31,463 shares by Simon Keeton might have also contributed to the negative sentiment surrounding the stock, leading to a downward pressure on the share price.
• Despite strategic investments and anticipated demand inflection, investors might be cautious about ON Semiconductor's competitive position in the AI market, especially with the recent advancements and collaborations announced by its peers like Analog Devices and Navitas Semiconductor.

ON Price Chart

ON Technical Analysis

ON News

Analog Devices Buy Of Empower Targets Bigger Role In AI Power

Analog Devices (ADI) is acquiring Empower Semiconductor for $1.5 billion to enhance its AI-focused power management portfolio, aiming to expand its presence in AI infrastructure and data center solutions. This move will add Empower's high-density, high-efficiency power-conversion technology to ADI's offerings, positioning it more competitively in the rapidly growing AI market. Investors will be watching how effectively ADI integrates these assets and whether it can capitalize on increased AI demand while managing integration risks and potential margin impacts.

https://simplywall.st/stocks/us/semiconductors/nasdaq-adi/analog-devices/news/analog-devices-buy-of-empower-targets-bigger-role-in-ai-powe

ON Semiconductor Corp. stock underperforms Thursday when compared to competitors

On Thursday, ON Semiconductor Corp. (ON) stock declined by 1.58% to $131.82, underperforming the broader market which saw the S&P 500 Index (SPX) rise by 0.41% and the Dow Jones Industrial Average (DJIA) increase by 1.73%. This fall ended a three-day winning streak for the company's shares.

https://www.marketwatch.com/data-news/on-semiconductor-corp-stock-underperforms-thursday-when-compared-to-competitors-143d1f46-900b525265cd?mod=goog_fin_scmw

NVTS Stock Soars on NVIDIA Collaboration: Is More Upside Ahead?

Navitas Semiconductor (NVTS) stock surged over 19% after showcasing its collaboration with NVIDIA (NVDA) at Computex 2026, positioning itself as a key supplier for AI data center power technologies. While the NVIDIA partnership validates Navitas's GaNFast technology for high-efficiency AI infrastructure, the article questions if the stock's significant year-to-date rally has outpaced its current fundamentals, especially given competition from companies like Onsemi and STMicroelectronics and a consensus analyst price target implying significant downside.

https://www.tradingview.com/news/zacks:03515e680094b:0-nvts-stock-soars-on-nvidia-collaboration-is-more-upside-ahead/

Cambiar SMID Fund Strategic Bets on ON Semiconductor Corporation (ON) Amid Demand Inflection Ahead

The article details the Cambiar SMID Fund's strategic investment in ON Semiconductor Corporation (ON), as outlined in its Q1 2026 investor letter. Cambiar believes ON is poised for significant earnings growth due to an anticipated demand inflection and a catalyst from an upcoming data center architectural shift. While the fund sees potential in ON, it also acknowledges that some AI stocks might offer higher returns in a shorter timeframe.

https://www.insidermonkey.com/blog/cambiar-smid-fund-strategic-bets-on-on-semiconductor-corporation-on-amid-demand-inflection-ahead-1774807/

On Semiconductor (NASDAQ: ON) Form 144 shows 31,463-share sale by insider

A recently filed Form 144 by On Semiconductor (NASDAQ: ON) indicates a planned disposition of 31,463 shares by insider Simon Keeton, reported on May 11, 2026. This filing also details several stock award grants to the issuer dating back to 2024 and 2025. Form 144 is a regulatory document disclosing an insider's intention to sell restricted or controlled shares, reflecting transparency regarding potential stock sales.

https://www.stocktitan.net/sec-filings/ON/144-on-semiconductor-corp-sec-filing-858d07935ed5.html

Trending Today

Dow Jones Industrial Average ($INDU) Index Forecast: Down 1.6% Today

Helmerich & Payne Inc. ($HP) Stock Forecast: Down 5.8% Today

Goldman Sachs Group Inc. (The) ($GS) Stock Forecast: Down 5.0% Today

SolarEdge Technologies, Inc. ($SEDG) Stock Forecast: Down 14.1% Today

Kimberly-Clark Corporation ($KMB) Stock Forecast: Up 7.3% Today

Shopify Inc. Class A Subordinate ($SHOP) Stock Forecast: Down 7.0% Today

Arista Networks Inc. ($ANET) Stock Forecast: Down 8.1% Today

Lam Research Corporation ($LRCX) Stock Forecast: Down 9.8% Today

Analog Devices Inc. ($ADI) Stock Forecast: Down 5.1% Today

Palantir Technologies Inc ($PLTR) Stock Forecast: Down 5.2% Today

ON Semiconductor Corporation Price History

05.05.2026 - ON Stock was down 5.1%

• ON Semiconductor Corp. (ON) stock underperformed on Thursday, declining by 1.58%, breaking a three-day winning streak, amidst a bullish market.
• The bearish movement could be attributed to profit-taking after the recent gains or concerns about the company's ability to compete effectively in the AI power management sector.
• The insider selling of 31,463 shares by Simon Keeton might have also contributed to the negative sentiment surrounding the stock, leading to a downward pressure on the share price.
• Despite strategic investments and anticipated demand inflection, investors might be cautious about ON Semiconductor's competitive position in the AI market, especially with the recent advancements and collaborations announced by its peers like Analog Devices and Navitas Semiconductor.

22.04.2026 - ON Stock was up 8.1%

• ON Semiconductor Corp. (ON) saw a significant price increase of 9.60% in one week, driven by strong momentum and positive outlook indicators like outperformance against its industry and the S&P 500.
• Focus on high-value epitaxial layers for AI power devices indicates a growing demand in the market, potentially benefiting semiconductor companies like ON Semiconductor.
• Advancements in low-power imaging for AI data centers suggest a broader industry trend towards energy-efficient solutions, which could positively impact semiconductor companies like ON Semiconductor.
• The overall positive performance of semiconductor companies and their strategic moves towards high-value technologies could have contributed to ON Semiconductor's bullish movement today.

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.

02.05.2026 - ON Stock was up 8.7%

• ON Semiconductor saw a strong upward movement possibly due to the introduction of leveraged ETFs associated with the company, signaling growing investor interest and confidence in its future in the semiconductor field.
• The positivity towards semiconductor firms, including ON, could be linked to advancements in AI data center technologies, as shown by Microchip's latest retimers and the partnership between GlobalFoundries and Sivers Semiconductors targeting the AI data center optical links market.
• Despite market fluctuations seen in Wolfspeed Inc.'s earnings and revenue results, investors remain positive about ON Semiconductor's position in the changing semiconductor industry landscape, driven by broader semiconductor investment trends and the potential for growth in key sectors like AI infrastructure.

02.05.2026 - ON Stock was up 6.6%

• ON Semiconductor's stock surged to a record high of $129.17, marking an impressive 184% rise in the last year. This upward trend is attributed to:
• Strong investor confidence in ON's strategic position within the semiconductor sector, boosting optimism and attracting more buyers.
• The introduction of leveraged ETFs focused on ON Semiconductor, signaling wider market interest in semiconductor firms and their growth potential in areas like AI and automotive electrification.
• Positive sentiment towards semiconductor companies, evidenced by progress in AI data center technologies and the expected expansion of the AI data center market to $25 billion by 2030.
• Analysts' increased earnings revisions depict a favorable outlook for ON Semiconductor, reinforcing market confidence in the company's future performance and growth prospects.

02.05.2026 - ON Stock was up 6.4%

• ON Semiconductor's stock reached a record high of $129.17, showing an impressive 184% rise in the past year, driven by strong investor confidence and the company's strategic position within the semiconductor sector.
• The introduction of new leveraged ETFs dedicated to ON Semiconductor indicates a rising interest in semiconductor investments, particularly in companies like ON that play a crucial role in long-term technology trends such as AI and automotive electrification.
• Analysts adjusting their earnings forecasts upwards for ON Semiconductor signal enduring positivity towards the company's performance and future growth prospects, further boosting the optimistic sentiment in the market.
• The increase in ON Semiconductor's stock price could also be linked to the overall positive outlook in the semiconductor industry, exemplified by recent advancements by Microchip Technology in tackling latency issues in AI data centers, underscoring the sector's ongoing innovation and potential for growth.

22.04.2026 - ON Stock was up 5.1%

• ON Semiconductor experienced a bullish movement today, potentially driven by the following factors:
• The focus on high-value epitaxial layer in the SiC market, indicating a positive outlook for semiconductor companies like ON Semiconductor that are involved in power device technologies.
• ETFs investing in ON Semiconductor Corporation stocks, showcasing investor confidence in the company's future growth and performance.
• Advancements in low-power imaging for AI data center growth, suggesting a favorable environment for semiconductor companies involved in similar technological developments.
• GARP strategy highlighting the potential for growth and reasonable valuation in the semiconductor industry, which could have positively influenced investor sentiment towards ON Semiconductor.

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.

27.04.2026 - ON Stock was down 5.8%

• ON Semiconductor Corp. faced a substantial decline in its stock price despite surpassing its competitors and the semiconductor sector in recent times.
• The increased market value of Micron Technology and optimistic predictions for the AI hardware market potentially diverted investor attention from ON Semiconductor, resulting in the downward trend.
• An analysis of ON Semiconductor and NXP Semiconductors within the automotive chip market shed light on the competitive scenario, potentially impacting investor confidence in ON's market position.
• The industry-wide upsurge in semiconductor stocks, exemplified by Rambus Inc., indicates a potential shift in investor allocations toward other companies in the sector, contributing to the decline in ON Semiconductor's stock performance today.

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.