ON Semiconductor Corporation (ON)

Over the past six months, ON Semiconductor Corp.'s stock has experienced a decline of 30.92%. The CEO, Hassane El-Khoury, sold 15,000 shares valued at $768,300.00. While the company met EPS expectations in the second quarter of 2025, the stock tumbled 8.91% in pre-market trading due to investor concerns. Management anticipated a 5% revenue headwind in 2026 due to product exits. Analyst ratings and price targets have seen adjustments, with Mizuho raising its price target to $72.00, while Citigroup and Bank of America reduced their price objectives, both issuing "neutral" ratings.

Demand for ON Semiconductor Corp.'s products and services has shown cyclical patterns rather than distinct seasonality. In the summer of 2023, the company was among the first to forecast a slowdown in demand for electric vehicle (EV) and Autonomous Driving markets, leading to an "L-shaped recovery." The CEO has expressed caution regarding predicting a market bottom and dismissed optimistic forecasts for EV recovery in 2025, indicating ongoing market unpredictability. The company's sales are primarily driven by end-user demand, making it susceptible to broader market trends in its target industries.

ON Semiconductor Corporation, known as onsemi, is an American semiconductor supplier specializing in intelligent power and sensing solutions, operating in the Technology sector, specifically within the Semiconductors industry. The company's product portfolio includes power and signal management, logic, discrete, and custom devices, such as MOSFETs, IGBTs, silicon carbide (SiC) technologies, image sensors, power modules, gate drivers, wireless connectivity solutions, analog and mixed-signal integrated circuits (ICs), and timing and clock management solutions. These products cater to automotive, industrial, cloud power, and IoT applications.

Onsemi has a global presence with facilities in North America, Europe, and the Asia Pacific regions. In North America, it has locations in the United States. European operations include facilities in the Czech Republic. In the Asia Pacific, the company has a footprint in countries such as China, Japan, India, Malaysia, the Philippines, South Korea, Taiwan, and Vietnam. The company's 2023 revenue distribution by region was: United States (35.1%), China (23.0%), Europe (19.9%), Rest of Asia (15.3%), and Other Regions (6.7%).

Onsemi has consistently demonstrated a strong brand reputation, particularly in ethics and sustainability. The company has been recognized as one of the "World's Most Ethical Companies" by the Ethisphere Institute for multiple consecutive years, including up to 2022. It has also received accolades for sustainability, being named the "Most Sustainable Company" in the semiconductor industry by World Finance in 2020 and 2021, and recognized on Barron's "100 Most Sustainable Companies" for four years in a row. In 2020, EcoVadis awarded onsemi its highest level of recognition, platinum. No specific negative events significantly impacting its brand reputation in the past year were prominently reported beyond general market and financial performance discussions.

ON Semiconductor Corp. has a mixed ownership structure, with a significant portion held by institutional investors, ranging from 53.95% to 90.85%, while insiders hold around 0.51%, and public companies and individual investors account for 8.65% to 36.90%. Major institutional owners include Fmr LLC, Vanguard Group Inc, BlackRock Inc, State Street Corp, Janus Henderson Group PLC, JPMorgan Chase Co, Ameriprise Financial Inc, Geode Capital Management LLC, and Morgan Stanley. Tpg Advisors II Inc is identified as the largest individual shareholder, owning 166.41 million shares, representing 40.69% of the company, and is categorized as an insider.