What Is ON Semiconductor Corporation (ON) Worth in 2026?
According to the CirclFi Deep Alpha Valuation Engine, ON Semiconductor Corporation's intrinsic value is estimated at $59.10, suggesting the stock is overvalued at its current price of $90.37. With 11 out of 13 models flagging downside (-34.6% average return), the market may be pricing in unsustainable growth. Notably, Markov DDM sees the most upside at +106.5% (fair value: $186.65), while Dynamic NAV is the most conservative at -90.0% ($9.03). The spread between these extremes — +196.5% — reveals how different analytical frameworks can reach starkly different conclusions. Among models with highest confidence, EPV lean bearish — adding weight to the bearish side of the thesis.
What Do the Models Say About ON?
13 of 13 models are currently active for ON. Of these, 2 models suggest upside while 11 models suggest overvaluation. The Bayesian DCF estimates ON's intrinsic value at $73.41, implying -18.8% downside from the current price. See which stocks rank higher →
How Does ON Rank in Semiconductors & Related Devices?
Among 86 Semiconductors & Related Devices stocks, ON ranks #11 by Quality of Company score. CirclFi's QOC score of 9.5/10 evaluates 32 fundamental signals. A score of 9.5 places ON in the top tier.
See all Most Undervalued Semiconductors & Related Devices Stocks →
As a chip maker, ON Semiconductor Corporation operates in a sector where book-to-bill ratio is a critical driver of valuation. Investors evaluating ON should weigh these sector-specific dynamics alongside our model-derived fair values.
Is ON a Value Trap?
The Value Trap algorithm is not active for ON. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →
Multi-Model Methodology
13 of 13 models are active for ON Semiconductor Corporation. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →
According to the CirclFi 32-factor quality framework, ON Semiconductor Corporation's fundamental quality profile registers 9.5/10. This exceptional score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.
The gap between the most bullish and bearish model spans +196.5% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →
Data Sources & Confidence
Every ON valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →
Across ON's 13 active models, average confidence is 45%. Lower confidence may reflect limited history or high volatility.
CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →
Buy with Gumroad