ON Semiconductor Corporation ($ON) Stock Forecast: Up 5.0% Today

What is ON Semiconductor Corporation?

A leading semiconductor solutions company, ON Semiconductor (ON), offers energy-efficient electronics for diverse industries like automotive, communications, and industrial sectors. The technology market showcases varied sentiments among analysts towards companies in this sector.

Why is ON Semiconductor Corporation going up?

ON stock is up 5.0% on Feb 6, 2026 15:44

• ON Semiconductor (ON) observed a significant bullish momentum as short interest declined by 13.53%, reflecting increased positivity from investors.
• Divergent analyst viewpoints on companies such as ON Semiconductor, Coherent Corp, and Enphase Energy have contributed to market fluctuations, with ON Semiconductor maintaining a Hold rating yet displaying potential upside based on average price targets.
• Coherent Corp's strong performance, as evidenced by its impressive Q2 earnings and optimistic outlook from Zacks Investment Research, contrasts with the more cautious outlook towards other sector players.
• The bullish trend in ON Semiconductor's stock can be linked to reduced short interest, signaling a shift towards a more optimistic outlook on the company's future amidst mixed sentiments in the tech sector.

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Analysts Have Conflicting Sentiments on These Technology Companies: ON Semiconductor (ON), Coherent Corp (COHR) and Enphase Energy (ENPH)

Analysts from Craig-Hallum have issued new ratings on ON Semiconductor, Coherent Corp, and Enphase Energy, revealing mixed sentiments within the technology sector. ON Semiconductor received a Hold rating, Coherent Corp a Buy, and Enphase Energy also a Buy, although the overall consensus for Coherent Corp and Enphase Energy suggests a more cautious outlook with potential downside or limited upside. These reports highlight varying analyst perspectives on the future performance of these companies.

https://www.theglobeandmail.com/investing/markets/stocks/ENPH/pressreleases/22805/analysts-have-conflicting-sentiments-on-these-technology-companies-on-semiconductor-on-coherent-corp-cohr-and-enphase-energy-enph/

Coherent Shines at Q2 Earnings: Should Investors Buy the Stock Now?

Coherent Corp. (COHR) reported strong Q2 fiscal 2026 earnings, exceeding revenue and EPS estimates with significant growth driven by its datacenter & communications segment. The company also demonstrated improved operating margins, a deleveraged balance sheet, and a robust product portfolio, leading Zacks Investment Research to recommend a "Buy" for investors. Its stock has outperformed the industry, contrasting with competitors like Wolfspeed.

https://finviz.com/news/301916/coherent-shines-at-q2-earnings-should-investors-buy-the-stock-now

Looking Into ON Semiconductor Corp's Recent Short Interest

Recent data shows that ON Semiconductor Corp's (NYSE: ON) short interest as a percentage of float has decreased by 13.53%. Despite this decline, the company still has more short interest than the average of its peers, which stands at 4.76%. Short interest is a key indicator of market sentiment, with a decrease suggesting a more bullish outlook from investors.

https://www.sahmcapital.com/news/content/looking-into-on-semiconductor-corps-recent-short-interest-2026-02-04

Analysts Have Conflicting Sentiments on These Technology Companies: ON Semiconductor (ON), Coherent Corp (COHR) and Enphase Energy (ENPH)

Analysts are sharing conflicting sentiments on several technology companies, including ON Semiconductor, Coherent Corp, and Enphase Energy. While ON Semiconductor and Coherent Corp received "Hold" and "Buy" ratings respectively from Craig-Hallum, Enphase Energy maintained a "Buy" rating from the same firm. The article highlights analyst consensus, price targets, and potential upsides/downsides for each stock, emphasizing the varied opinions within the financial community.

https://www.theglobeandmail.com/investing/markets/stocks/COHR-N/pressreleases/22805/analysts-have-conflicting-sentiments-on-these-technology-companies-on-semiconductor-on-coherent-corp-cohr-and-enphase-energy-enph/

Analysts Have Conflicting Sentiments on These Technology Companies: ON Semiconductor (ON), Coherent Corp (COHR) and Enphase Energy (ENPH)

Analysts from Craig-Hallum have issued new ratings for three technology companies. ON Semiconductor received a Hold rating from Greg Palm, Coherent Corp was rated Buy by Richard Shannon, and Enphase Energy also received a Buy rating from Eric Stine. The article highlights the average price targets and analyst consensus for each company, noting a potential upside for ON Semiconductor and Enphase Energy, but a downside for Coherent Corp based on current analyst consensus.

https://www.theglobeandmail.com/investing/markets/stocks/COHR/pressreleases/22805/analysts-have-conflicting-sentiments-on-these-technology-companies-on-semiconductor-on-coherent-corp-cohr-and-enphase-energy-enph/

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ON Semiconductor Corporation Price History

29.00.2026 - ON Stock was down 5.1%

• A notable institution, Great Lakes Advisors LLC, decreased its stake in ON Semiconductor by 4.3%, selling 15,705 shares.
• In contrast, another institution, J. Safra Sarasin Holding AG, significantly increased its stake in ON Semiconductor by 356.0%.
• ON Semiconductor was classified as a cyclical stock by an industry expert, potentially contributing to investor uncertainty.
• GlobalFoundries, a semiconductor manufacturer, performed well, reaching a 52-week high, possibly diverting investor attention from ON Semiconductor and influencing its stock price negatively.

04.01.2026 - ON Stock was up 5.2%

• Analysts have differing views on ON Semiconductor, with a Hold rating despite surpassing EPS estimates and revealing a significant share repurchase program.
• Mediolanum International Funds Ltd reduced a substantial portion of its holdings in ON Semiconductor, potentially influencing increased market demand.
• The semiconductor industry resurgence, exemplified by Texas Instruments, and positive U.S. factory output, likely enhanced investor confidence in semiconductor stocks like ON Semiconductor.
• Despite worries about revenue decline and divergent market sentiment, the expectation of robust Q4 earnings and a new share purchase by Y Intercept Hong Kong Ltd may have propelled the bullish movement in ON Semiconductor's stock.

30.00.2026 - ON Stock was down 5.4%

• The decline in ON Semiconductor's stock today may be due to:
• Analysts' predictions of a decrease in adjusted EPS for fiscal year 2025, resulting in investor skepticism.
• A shift in Moody's outlook to stable, expressing worries about weaker-than-anticipated growth and substantial exposure to sectors facing challenges.
• Institutional selling pressure, with Great Lakes Advisors LLC reducing its stake by 4.3%, potentially indicating a lack of enduring confidence in the company's performance.
• Speculation and uncertainty about the imminent Q4 2025 earnings release on February 9, 2026, prompting profit-taking and a temporary decline in the stock price.

03.11.2025 - ON Stock was up 10.7%

• ON Semiconductor's collaboration with Innoscience to increase GaN power device production has drawn investor optimism, contributing to the bullish market movement.
• Strong third-quarter earnings and a $6 billion share repurchase program have boosted investor confidence in ON Semiconductor's growth prospects.
• ON Semiconductor's strategic moves, including the partnership with Innoscience and positive financial performance, have attracted institutional investors like Norges Bank, which recently made a significant investment in the company.
• The company's emphasis on expanding presence in AI-related applications and other key markets through innovative collaborations and product developments has positioned ON Semiconductor well for future growth, leading to an increase in the stock price.

03.11.2025 - ON Stock was up 10.7%

• ON Semiconductor's bullish movement today can be attributed to a combination of positive factors:
• Surpassing Q3 earnings per share and revenue estimates, showcasing strong financial performance.
• Norges Bank initiated a new investment in the company, acquiring a significant stake and demonstrating confidence in ON Semiconductor's future prospects.
• Approval of a substantial $6.0 billion stock buyback program by the company's board, signaling management's belief in the company's value and potential for growth.
• Collaboration with Innoscience to explore GaN power devices production for a projected $2.9 billion market by 2030 could have sparked investor optimism about future revenue streams and technological advancements.

03.01.2026 - ON Stock was down 5.2%

• ON Semiconductor stock dropped 3.7% amidst a broader sell-off in chip shares, influenced by new inflation figures and a Fed chair nomination.
• Despite beating Q3 EPS estimates, ON Semiconductor's revenue decline year-over-year and concerns about its heavy investment in property and equipment may have contributed to the bearish movement.
• Investors are eagerly awaiting the upcoming earnings report, which is anticipated to show a decrease in both EPS and revenue compared to the prior-year quarter, adding to the downward pressure on the stock.
• The market movement could also be a result of profit-taking by investors who have seen a recent 14.87% gain in ON Semiconductor's shares over the past month, leading to a more significant dip compared to broader market indices.

06.00.2026 - ON Stock was up 5.3%

• The bullish movement in ON Semiconductor's stock today is linked to the market's confidence in the company's silicon carbide technology and its potential applications in the electric vehicle (EV) industry.
• Despite concerns about slowing EV demand, investors appear reassured by the stock price stabilization, suggesting a shift towards value-oriented buying.
• The company's innovative power management and connectivity solutions, combined with the positive sentiment in the semiconductor industry, likely contributed to today's bullish movement.
• Investors are eagerly anticipating guidance from the company and macroeconomic trends to gauge the next significant development in ON Semiconductor's stock.

06.00.2026 - ON Stock was up 5.1%

• Despite prevailing bearish sentiment, ON Semiconductor exhibited notable bullish movement in the market today.
• The stock's positive momentum could be attributed to investors recognizing the potential long-term value in its power management and silicon carbide offerings, despite concerns around decelerating electric vehicle (EV) demand.
• Observing the stock stabilizing in the low-to-mid $70s, it suggests that value-focused buyers may be showing interest, hinting at a shift in sentiment towards the company.
• Market participants are likely keeping a close watch on any developments related to ON Semiconductor's silicon carbide ventures and EV market trends to assess the stock's future trajectory.

28.00.2026 - ON Stock was up 5.7%

• ON Semiconductor experienced a strong bullish movement today.
• The bullish trend could be attributed to the positive market sentiment towards semiconductor companies, especially with recent developments in the industry showcasing strong financials and growth prospects.
• Views from market influencers and investment firms have created some uncertainty in the semiconductor sector, potentially benefiting ON Semiconductor as investors seek alternatives.
• The upcoming earnings release by ON Semiconductor on February 9th could also be driving the bullish momentum as investors anticipate the company's performance amidst a challenging market for chip stocks.

04.11.2025 - ON Stock was down 5.0%

• ON Semiconductor's stock experienced a noticeable decline despite favorable developments and institutional investments.
• Earlier, the stock had shown considerable growth driven by an ambitious expansion strategy, collaborations, and strong quarterly performance.
• The recent decline may be linked to investors taking profits following a period of significant price increases.
• Notwithstanding the recent dip, ON Semiconductor's fundamental strengths point to a promising growth trajectory within the semiconductor sector.

06.01.2026 - ON Stock was up 5.0%

• ON Semiconductor (ON) observed a significant bullish momentum as short interest declined by 13.53%, reflecting increased positivity from investors.
• Divergent analyst viewpoints on companies such as ON Semiconductor, Coherent Corp, and Enphase Energy have contributed to market fluctuations, with ON Semiconductor maintaining a Hold rating yet displaying potential upside based on average price targets.
• Coherent Corp's strong performance, as evidenced by its impressive Q2 earnings and optimistic outlook from Zacks Investment Research, contrasts with the more cautious outlook towards other sector players.
• The bullish trend in ON Semiconductor's stock can be linked to reduced short interest, signaling a shift towards a more optimistic outlook on the company's future amidst mixed sentiments in the tech sector.

21.00.2026 - ON Stock was up 6.6%

• ON Semiconductor's price target was raised to $65 by Bank of America, signaling a potential upside of almost 5%, and the company authorized a $6.0 billion share buyback program, indicating management's belief that the stock is undervalued.
• Despite a year-over-year revenue decline, ON Semiconductor's Q3 results included an EPS beat, which boosted market sentiment.
• Fisher Funds Management LTD notably increased its stake in ON Semiconductor, in line with the positive outlook on the stock.
• The upbeat news and growing confidence in ON Semiconductor's potential for growth likely fueled today's bullish market movement.