ON Semiconductor Corporation (ON) shares rose 0.7% to $80.94 as of August 4, 2026, a slight gain from the prior close of $80.40. BestStocks flagged the session as a major change for ON. The move is tied to price move down. Below, we break down what changed for ON, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
ON climbed 0.7% to $80.94
ON rose 0.7% in its latest session, moving from $80.40 to $80.94.
Material / EarningsCompany-Specific MoveWeak confidence
Rel. volume
1.1×
Normal
Vs peers
Top 7 of 7 peers
Underperforming
Market cap
$31.5B
NASDAQ Global Select
Analyst target
$114
+41.3% vs price
Price chart
Jul 6 – Aug 4
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for ON Semiconductor Corporation investors
For ON Semiconductor Corporation investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: Material positive event; Positive 0.7% session move. Weighing against that: ON Semiconductor Corporation (ON) moved -5.83% from $95.96 to $90.37 on 2026-07-13; ON Semiconductor Corporation moved -6.18% intraday from $94.69 to $88.84. Because the move outpaced peers, it looks driven by ON-specific developments rather than a broad sector rotation. Wall Street's consensus price target sits at $114.38, implying +41.3% upside from $80.94. BestStocks rates the overall signal quality weak (38/100). With earnings roughly 90 days out, the next report is the most likely near-term test of the move.
ON price reaction
ON last traded at $80.94, up $0.54 (+0.67%) from the previous close of $80.40. The session traded on 1.1× average volume (normal), so participation was unremarkable. Its technology peer group moved a median +8.2% over the same stretch, leaving ON behind the group by 7.5 points. Over the past month the stock has ranged between $78.86 and $97.87, and it currently sits about 11% of the way up that band.
Bullish and bearish analyst opinions on ON Semiconductor Corporation (ON)
The consensus analyst price target on ON Semiconductor Corporation (ON) is $114.38, 41.3% above the recent $80.94. Over the past 90 days analysts logged 0 upgrades, 18 maintains, and 0 downgrades. Here is how the bullish and bearish cases on ON line up.
▲ The bullish case
+Wall Street's consensus price target of $114.38 implies +41.3% upside from $80.94.
+The Street's most bullish target is $150.00 (+85.3%).
+Material positive event.
+Positive 0.7% session move.
+ON Semiconductor Corporation (ON) moved +2.70% from $89.90 to $92.33 on 2026-07-22.
▼ The bearish case
−The most bearish analyst target is $75.00 (-7.3%).
−ON Semiconductor Corporation (ON) moved -5.83% from $95.96 to $90.37 on 2026-07-13.
−ON Semiconductor fell 4.45% to $90.42 intraday following a July 1 announcement that Pomerantz Law Firm is investigating claims on behalf of ON investors, suggesting potential shareholder litigation.
Bull vs bear balanceNeutral / Mixed
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Aug 4, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
ON Semiconductor Corporation (ON) moved -5.04% from $83.03 to $78.84 on 2026-07-29. We checked news, earnings announcements, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The move appears to be part of a sector-wide decline: eight semiconductor peers including NVIDIA (-3.31%), AMD (-13.21%), and Qualcomm (-8.45%) moved lower on the same day. ON outperformed its peer group by 4.1 percentage points despite the broader selloff.
Material / Earnings2026-07-28-5.2%
ON Semiconductor Corporation (ON) moved -2.09% from $86.19 to $84.39 on 2026-07-28. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move appears to be part of a sector-wide decline: five semiconductor peers (AMD -8.15%, MU -8.85%, INTC -5.86%, QCOM -4.21%) moved lower on the same day, with ON reaching a new 30-day low on modestly elevated volume (1.4x the 5-day average).
ON Semiconductor Corporation moved -3.91% intraday from $90.13 to $86.61. ON Semiconductor (ON ) stock is down roughly 3.8% on July 24, 2026, driven by a broader tech and semiconductor sector sell-off, surging oil prices impacting macro sentiment, and investor anxiety over high artificial intelligence infrastructure spending and capital expenditures by major tech companies. Market Drivers - Tech Sector Slump: Major technology and chip shares faced heavy downward pressure following disappointing big tech earnings and high capital expenditure (capex) announcements. - Macroeconomic Pressures: Spikes in energy and oil markets earlier in the week revived inflation worries, causing investors to rotate away from growth and cyclical semiconductor names. If you'd like, I can: - Provide updated analyst price targets for ON - Check the upcoming earnings release date for the company - Compare its performance against other semiconductor stocks today
Activity2026-07-22+1.4%
ON Semiconductor Corporation (ON) moved +2.70% from $89.90 to $92.33 on 2026-07-22. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The move was part of a broader semiconductor sector rally, with 8 peers including NVDA (+4.32%), AMD (+9.68%), and AVGO (+4.93%) also gaining. ON underperformed its peer group by 3.1 percentage points (peer average: +5.79%), and volume remained near its 5-day average.
Activity2026-07-21+5.0%
ON Semiconductor Corporation (ON) moved +5.03% from $86.70 to $91.06 on 2026-07-21. We checked news, earnings, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move appears to be part of a sector-wide rally, with 8 semiconductor peers moving in the same direction: AMD +8.11%, MU +12.17%, INTC +8.64%, and NVDA +1.97%.
Activity2026-07-16-4.8%
ON Semiconductor Corporation (ON) moved -4.78% from $92.54 to $88.12 on 2026-07-16. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The move appears to be part of a sector-wide decline: peers AVGO (-3.77%), NVDA (-2.08%), AMD (-8.61%), and QCOM (-4.17%) all moved lower the same day. ON reached a new 30-day low on normal volume.
Activity2026-07-14+3.7%
ON Semiconductor Corporation (ON) moved +3.70% from $90.37 to $93.71 on 2026-07-14. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The move appears to be part of a sector-wide rally, with six semiconductor peers moving in the same direction: AMD +2.57%, MU +4.92%, INTC +4.50%, NVDA +4.06%, and others.
Risk2026-07-13-5.8%
ON Semiconductor Corporation (ON) moved -5.83% from $95.96 to $90.37 on 2026-07-13. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found.
Upcoming catalysts & outlook
Next earnings
2026-11-02 (est.)
in 90 days
Thesis shift
Neutral / Mixed
bearish signal
Risk level
High
from change events
Frequently asked questions about ON
Why did ON Semiconductor Corporation (ON) stock move?
ON rose 0.7% to $80.94. No single company-specific catalyst was confirmed during the move window, and it looks like a company-specific move.
How much did ON stock rise?
ON gained 0.67% ($0.54) versus the prior close of $80.40, last trading at $80.94 on 1.1× average volume.
When is ON Semiconductor Corporation's next earnings date?
ON's next earnings report is estimated for 2026-11-02 — about 90 days away.
What is the analyst price target for ON?
The consensus analyst price target for ON is $114.38, about 41.3% above the current $80.94. Over the past 90 days, analysts recorded 0 upgrades, 18 maintains, and 0 downgrades.
Is the ON move company-specific or sector-wide?
BestStocks classifies it as a company-specific move: the peer group moved a median +8.2% against ON's +0.7%. ON ranks top 7 of 7 peers.
How BestStocks tracks ON
This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 20 tracked change events for ON, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 4, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
