ON SEMICONDUCTOR CORP ON
ON SEMICONDUCTOR CORP (ON) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $6.0B at a 2.0% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.03 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-08-05 | Citigroup | Neutral (main) |
| 2026-08-05 | Truist Securities | Hold (main) |
| 2026-08-04 | Mizuho | Outperform (main) |
| 2026-08-04 | B. Riley Securities | Buy (main) |
| 2026-08-04 | Wells Fargo | Overweight (main) |
| 2026-08-04 | Cantor Fitzgerald | Neutral (reit) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.362 |
| Retained earnings / assets | 0.658 |
| EBIT / assets | 0.007 |
| Equity / liabilities | 1.592 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| ON | ON SEMICONDUCTOR CORP | 4/9 | 6.24 | 293.6 | -15.3% |
| CSIQ | Canadian Solar Inc. | 1/9 | 0.77 | — | -6.6% |
| AMKR | AMKOR TECHNOLOGY, INC. | 4/9 | 4.49 | 52.2 | +6.2% |
| FSLR | FIRST SOLAR, INC. | 7/9 | 6.97 | 16.8 | +24.1% |
| ARM | ARM HOLDINGS PLC /UK | 6/9 | 8.7 | 409.3 | +22.8% |
| MCHP | MICROCHIP TECHNOLOGY INC | 6/9 | 2.76 | 207.2 | +7.1% |
| SWKS | SKYWORKS SOLUTIONS, INC. | 6/9 | 7.01 | 21.4 | -2.2% |
About ON SEMICONDUCTOR CORP
ON Semiconductor Corporation provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally. It operates through three segments: Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and integrated semiconductor devices designed to enable power conversion, including power switching, signal conditioning, and circuit protection technologies. Its Analog and Mixed-Signal Group segment designs and develops analog and mixed-signal solutions, including power management, sensor interface, connectivity, and standard products for automotive, industrial automation, AI data centers, computing, and mobile end markets. The Intelligent Sensing Group segment develops complementary metal-oxide-semiconductor image sensors, image signal processors, short-wave infrared sensors, and other products, as well as photon-counting technologies, including single-photon avalanche diode arrays and silicon photomultiplier devices for depth sensing, factory automation, safety systems, and robotics industries. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Scottsdale, Arizona.
FAQ
Is ON financially healthy?
ON SEMICONDUCTOR CORP's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does ON pay a dividend?
No, ON SEMICONDUCTOR CORP does not currently pay a dividend.
How profitable is ON?
In FY2025, ON SEMICONDUCTOR CORP had a net margin of 2.0% and a return on equity of 1.6%.
Is ON overvalued or undervalued?
ON SEMICONDUCTOR CORP trades at about 287.3× trailing earnings — above its 10-year norm (10-year range 13.1×–206.5×, median 26.0×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for ON?
The average Wall-Street price target for ON SEMICONDUCTOR CORP is $108.88, about 30.7% above the recent price, from 25 analysts (consensus: buy).
Is ON a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on ON SEMICONDUCTOR CORP: a Piotroski F-score of 4/9, an Altman Z″ in the safe zone, a P/E of about 293.6×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.