ON Semiconductor Corporation (ON) fair value analysis

S&P 500 & Nasdaq · Updated 2026-09-07

ON Semiconductor Corporation designs and manufactures semiconductor components and solutions for a wide range of applications including automotive, industrial, communications, and consumer electronics. The company operates manufacturing facilities, design centers, and sales offices across multiple continents including North America, Europe, and Asia.

Forward Fair Value verdict

Fairly valued

Based on TickrTrends' weekly Forward Fair Value model, ON is trading at within about 10% of estimated fair value.

ON currently ranks #141 of 199 Technology stocks by discount to Forward Fair Value. It has screened as Fairly valued for 3 consecutive weekly runs.

Last price: $74.38
Sector: Technology
12-month range: $50.08–$120.92

Derived indicators

Coarse bands from TickrTrends' weekly models; exact figures are part of the full report.

Quality grade: C
Leverage: Low
Margin trend: Contracting
Revenue growth: Declining
RSI zone: Neutral
50/200-day trend: Mixed
52-week position: The lower-middle quarter of its range
DCF cross-check: Overvalued

What our data shows for ON

Our model validated 17 trailing price-to-earnings windows for ON, built from quarterly earnings records.
Shares are trading in the middle of their 12-month price range of $50.08–$120.92.
The 14-day relative strength index sits at a neutral 48.

The exact numbers are one step away

The precise Forward Fair Value dollar figure for ON
Exact discount / premium to today's price
The normalized historical P/E behind the estimate, and how many quarters support it
Forward EPS input and fiscal-year basis
Screeners and rankings across the full S&P 500 and Nasdaq universes

See the exact fair value →

How Forward Fair Value works

TickrTrends computes a Forward Fair Value for every covered stock each week: a conservatively normalized historical price-to-earnings multiple is applied to the analyst-consensus earnings estimate for the next full fiscal year. Every input window is validated for continuity and every result is screened for plausibility before publication.

Recent ON news

TickrTrends' derived news-sentiment signal for ON is currently mixed, computed from recent coverage.

Physical AI Series: Beyond Nvidia, Why ON Semiconductor Is My First Pick (NASDAQ:ON) (seekingalpha.com, 2026-09-04)
TickrTrends take: ON Semiconductor operates in the Technology sector and is currently assessed as Fairly valued according to TickrTrends metrics. The headline suggests analyst confidence in ON's positioning within the physical AI market segment, which represents a growth area beyond the more widely followed GPU manufacturers. For valuation-focused readers, monitoring whether ON's execution in physical AI applications justifies or challenges its current Fairly valued status will be important as this market segment develops.
ON Semiconductor Corporation (ON) Presents at Deutsche Bank 2026 Technology Conference Transcript (seekingalpha.com, 2026-08-27)
TickrTrends take: ON Semiconductor's participation in the Deutsche Bank 2026 Technology Conference provides an opportunity for investors to assess management commentary against the company's current Fairly valued status. As a Technology sector company, ON's conference presentations typically address competitive positioning, market trends, and capital allocation decisions that could influence whether its valuation remains appropriate or shifts in either direction. Valuation-focused readers should monitor any disclosed changes in business outlook, margin expectations, or sector dynamics that might warrant a reassessment of the Fairly valued verdict.

What people are saying

Follow the ON conversation: Stocktwits · Reddit · X

TickrTrends weekly updates

2026-09-07 — No material change this week: the verdict, bands and grades all held steady.
2026-09-06 — ON's momentum indicator, which was rated A last week, has declined to none this week, reflecting a weakening in the stock's price movement trends. The technology sector company remains fairly valued according to current valuation metrics, though the shift in momentum suggests reduced upward directional force in recent trading activity.
2026-08-31 — TickrTrends initiated weekly Forward Fair Value coverage of this stock.

Frequently asked questions

Is ON stock undervalued?

Based on TickrTrends' Forward Fair Value model (updated 2026-09-07), ON is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.

What is ON's TickrTrends verdict?

ON's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.

How does ON compare to other Technology stocks?

ON ranks #141 of 199 Technology stocks in TickrTrends' coverage when sorted by discount to Forward Fair Value.

Is ON overbought or oversold?

ON's 14-day RSI is in neutral territory - neither overbought nor oversold.

All Technology fair-value coverage →

Head-to-head comparisons

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