ON Semiconductor Corporation

• ON Stock Price 24h change: -1.37%. From 61.98 USD to 61.13 USD.
• From a technical perspective, ON presents a "neutral to slightly bearish short-term" outlook. While long-term indicators like the 200-day MA (58.11) suggest a primary uptrend, the stock is currently trading below its 20-day (61.81) and 50-day (61.55) moving averages. An RSI of 45.81 and a negative MACD (-0.2) indicate a lack of upward momentum and a phase of short-term consolidation.
• ON Semiconductor recently reported Q4 2025 earnings with an EPS of $0.63, beating the consensus estimate of $0.59, though quarterly revenue was down 12% year-over-year to $1.55 billion.
• The company's Board of Directors has authorized a significant $6.00 billion stock buyback program, allowing for the repurchase of up to 32.7% of its outstanding shares.
• Investment interest remains high as analysts at Zacks Rank the stock as a #3 (Hold), suggesting performance in line with the broader market as it navigates industry-wide shifts in chip demand.
• TSMC announced record Q4 2025 results and plans for a massive $52-$56 billion capital expenditure in 2026, signaling strong long-term confidence in AI and high-performance computing demand.
• The global memory market is reportedly entering a "super cycle" with prices projected to rise 40-50% in early 2026, putting cost pressure on automotive and smartphone manufacturers within the semiconductor supply chain.

• ON Stock Price 24h change: +2.93%. From 61.34 USD to 63.14 USD. The price surge was primarily driven by a rating upgrade from BNP Paribas to "Neutral" and a price target increase to $65 by Bank of America, reflecting improved sentiment toward the automotive and industrial chip supplier.
• From a technical perspective, the stock is showing a "Strong Buy" momentum with the price holding above both its 50-day ($61.47) and 200-day ($57.93) moving averages. While the RSI (14) at 50.64 indicates a neutral zone, the MACD suggests a slight bearish divergence, implying that while the long-term trend is upward, short-term volatility may persist near the $65 resistance level.
• BNP Paribas upgraded ON Semiconductor to Neutral from Underperform on January 22, citing a more balanced risk-reward profile in the current market cycle.
• Bank of America Securities raised its price target for ON to $65 from $60 on January 21, though it maintained a "Hold" rating, noting steady demand in intelligent power solutions.
• Zacks Investment Research highlighted ON as a "most searched-for" stock on January 26, noting its 12.8% return over the past month, significantly outperforming the S&P 500.
• TSMC reported record Q4 2025 revenue of $33.7 billion on January 22, signaling a multi-year AI megatrend that continues to bolster the broader semiconductor supply chain.
• Intel (INTC) shares plummeted 17% on January 23 following disappointing guidance and reports of industry-wide supply shortages expected to bottom out in Q1 2026.