Why ON Semiconductor Corporation’s (ON) Stock Is Up 10.92%

By Tudor Pop
May 13, 2026
Featured Tickers:
ON

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate ON Semiconductor Corporation before investing.

In this article, we go over a few key elements for understanding ON Semiconductor Corporation’s stock price such as:

  • ON Semiconductor Corporation’s current stock price and volume
  • Why ON Semiconductor Corporation’s stock price changed recently
  • Upgrades and downgrades for ON from analysts
  • ON’s stock price momentum as measured by its relative strength

About ON Semiconductor Corporation (ON)

Before we jump into ON Semiconductor Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

ON Semiconductor Corporation provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally. It operates through three segments: Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and integrated semiconductor devices designed to enable power conversion, including power switching, signal conditioning, and circuit protection technologies. Its Analog and Mixed-Signal Group segment designs and develops analog and mixed-signal solutions, including power management, sensor interface, connectivity, and standard products for automotive, industrial automation, AI data centers, computing, and mobile end markets. The Intelligent Sensing Group segment develops complementary metal-oxide-semiconductor image sensors, image signal processors, short-wave infrared sensors, and other products, as well as photon-counting technologies, including single-photon avalanche diode arrays and silicon photomultiplier devices for depth sensing, factory automation, safety systems, and robotics industries. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Scottsdale, Arizona.

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ON Semiconductor Corporation’s Stock Price as of Market Close

As of May 13, 2026, 9:42 AM, CST, ON Semiconductor Corporation’s stock price was $112.740.

ON Semiconductor Corporation is up 8.29% from its previous closing price of $104.110.

During the last market session, ON Semiconductor Corporation’s stock traded between $108.060 and $113.670. Currently, there are approximately 394.10 million shares outstanding for ON Semiconductor Corporation.

ON Semiconductor Corporation’s price-earnings (P/E) ratio is currently at 73.7, which is high compared to the Semiconductors & Semiconductor Equipment industry median of 62. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

ON Semiconductor Corporation Stock Price History

ON Semiconductor Corporation’s (ON) price is currently up 11.83% so far this month.

During the month of May, ON Semiconductor Corporation’s stock price has reached a high of $113.670 and a low of $96.080.

Over the last year, ON Semiconductor Corporation has hit prices as high as $107.250 and as low as $40.620. Year to date, ON Semiconductor Corporation’s stock is up 108.2%.

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What Caused ON Semiconductor Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 12, 2026, there were 0 analysts who downgraded ON Semiconductor Corporation’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate ON Semiconductor Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on ON Semiconductor Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

ON Semiconductor Corporation’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about ON Semiconductor Corporation (ON) by visiting AAII Stock Evaluator.

Relative Price Strength of ON Semiconductor Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 12, 2026, ON Semiconductor Corporation has a weighted four-quarter relative price strength of 22.37%, which translates to a Momentum Score of 91 and is considered to be Very Strong.

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ON Semiconductor Corporation Stock Price: Bottom Line

As of May 13, 2026, ON Semiconductor Corporation’s stock price is $112.740, which is up 8.29% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like ON Semiconductor Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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