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ON Semiconductor Corp. (ON) Registers a Bigger Fall Than the Market: Important Facts to Note

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In the latest close session, ON Semiconductor Corp. (ON - Free Report) was down 5.72% at $51.93. This change lagged the S&P 500's daily loss of 0.53%. Elsewhere, the Dow lost 0.71%, while the tech-heavy Nasdaq lost 0.93%.

Prior to today's trading, shares of the semiconductor components maker had gained 9.24% outpaced the Computer and Technology sector's gain of 1.25% and the S&P 500's gain of 1.13%.

Investors will be eagerly watching for the performance of ON Semiconductor Corp. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 3, 2025. In that report, analysts expect ON Semiconductor Corp. to post earnings of $0.6 per share. This would mark a year-over-year decline of 39.39%. Alongside, our most recent consensus estimate is anticipating revenue of $1.52 billion, indicating a 14.01% downward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $2.32 per share and revenue of $5.96 billion, which would represent changes of -41.71% and -15.85%, respectively, from the prior year.

Investors should also take note of any recent adjustments to analyst estimates for ON Semiconductor Corp. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.03% lower. Right now, ON Semiconductor Corp. possesses a Zacks Rank of #3 (Hold).

Looking at valuation, ON Semiconductor Corp. is presently trading at a Forward P/E ratio of 23.74. This expresses a discount compared to the average Forward P/E of 40.88 of its industry.

We can additionally observe that ON currently boasts a PEG ratio of 2.74. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. ON's industry had an average PEG ratio of 2.14 as of yesterday's close.

The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 36, positioning it in the top 15% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.


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