ON Semiconductor's stock has risen significantly but may still offer value, particularly as the company is back on the growth path. Strong cash flows and a large buyback program help support the share price.

The Treo platform and upcoming GaN offerings position ON Semiconductor as a key beneficiary of the multi-year electrification and cloud supercycle, supporting its profitable growth prospects. The same has been embedded in the management's sequentially improving FQ4'25 performance, the promising FQ1'26 guidance, and the reiterated long-term growth targets. ON may very well outperform the consensus forward estimates, with FY2028 potentially bringing forth a richer EPS performance of $5.70 (3Y CAGR of +34.3%).

ON Semiconductor's NASDAQ: ON, which operates under the Onsemi brand, stock price action was mixed following its Q4 2025 earnings report and guidance update, but the initial sell-off proved to be a head fake. While results and guidance left some to be desired relative to consensus forecasts, they affirmed the company's return to growth, expectation for margin improvement, free cash flow growth, and capital return.

ON Semiconductor (NASDAQ: ON) executives said the company closed 2025 with results that exceeded the midpoint of guidance and pointed to improving order trends across its core markets, while also laying out cost actions and portfolio changes aimed at supporting margin expansion as demand recovers. Full-year 2025 highlights and strategic focus CEO Hassane El-Khoury said ON

Major stock indexes were mixed Tuesday, with the Dow Jones Industrial Average setting a fresh all-time high for a third consecutive session. Meanwhile, Treasury yields ticked lower after delayed U.S. retail sales data for December were unchanged when a rise was expected.

ON posts a Q4 EPS beat but sees revenues fall 11% Y/Y, with margins compressing as all three business segments decline.

ON Semiconductor (NASDAQ:ON) reported better-than-expected earnings for the fourth quarter, as revenue was in line with estimates but down from the same period a year earlier. The semiconductor firm posted Q4 revenue of $1.53 billion, in line with analyst expectations.

ON Semiconductor (NASDAQ:ON) reported better-than-expected earnings for the fourth quarter, as revenue was in line with estimates but down from the same...

On Semiconductor's revenue fell 11% to $1.53 billion in the fourth quarter, as its two biggest business units continue to post sales declines.

Chipmaker Onsemi missed Wall Street estimates for fourth-quarter revenue on Monday, with its business segments declining as much as 17%, hurt by a persistent inventory glut.