Equity Profile

ON

ON Semiconductor Corporation

Information TechnologySemiconductors$45.6B

May4Mon

Post-Earnings Recap

ReportedQ1-2026After Close4:05 PM EDT

ON Semiconductor Beats on EPS, Stock Down 0.96%

Metric	Actual	Expected	Surprise
EPS	$0.64	$0.61	+4.58%
Revenue	—	$1.5B	—

management commentary, guidance changes, and full analysis available with Pro.

ON Semiconductor Beats on EPS, Stock Down 0.96%

Key Numbers

Metric	Actual	Expected	Surprise
EPS	$0.64	$0.61	+4.58%
Revenue	—	$1.5B	—

Management Commentary

Tone: Unknown

No transcript is on record, and the analysis is based on numerical results only.

What It Means

ON Semiconductor reported better-than-expected earnings per share, but did not provide revenue figures. The stock reacted negatively, declining by nearly 1%. Investors may be concerned about the lack of revenue data and forward guidance, which could indicate uncertainty about future performance.

Company Snapshot

ON Semiconductor Corporation is a key player in the semiconductor industry, providing essential components for various technologies, including automotive, industrial, and consumer electronics. As demand for chips continues to grow, particularly in areas like electric vehicles and AI, ON's performance is crucial for investors to monitor.

Key Metrics to Watch

EPS

Earnings per share is a critical indicator of profitability and helps gauge the company's financial health.

$0.61

Revenue

Revenue figures reveal the overall sales performance and market demand for ON's products.

$1.5B

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+2.95%

Avg Stock Reaction

-2.45%

Last Quarter Recap

In Q4 2025, ON Semiconductor reported an EPS of $0.64, slightly exceeding analyst expectations. However, the stock saw a minor decline the following day, indicating mixed market reactions.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect ON Semiconductor to report solid earnings, with a consensus EPS of $0.61. The market is closely watching for any signs of growth in revenue and profitability.

Bull Case

If ON beats expectations, it could signal strong demand for its products, especially in high-growth sectors like electric vehicles and AI, potentially boosting investor confidence.

Bear Case

Conversely, if ON fails to meet earnings expectations, it may raise concerns about demand fluctuations in the semiconductor market, leading to a negative reaction from investors.

Key Metrics to Watch

EPS

$0.61

Earnings per share is a critical indicator of profitability and helps gauge the company's financial health.

Revenue

$1.5B

Revenue figures reveal the overall sales performance and market demand for ON's products.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will ON Semiconductor's revenue exceed the $1.5B mark?

Revenue growth is crucial for assessing the company's market position and demand for its products.

Can ON maintain or improve its EPS above the consensus of $0.61?

Earnings performance is directly tied to investor sentiment and stock valuation.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating ON's growth potential in the automotive sector, where demand for semiconductors is surging due to electric vehicle production.

Supporting Evidence

Recent trends indicate a significant uptick in automotive chip demand, which could drive revenue higher than expected.

The options market is pricing a larger move than historical averages, suggesting that investors anticipate a more significant shift in sentiment.

Insider selling could indicate a cautious outlook, but it may also reflect profit-taking rather than a lack of confidence in future growth.

Key Risk

If automotive revenue growth exceeds expectations, it could significantly alter the market's perception of ON's future prospects.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The upcoming earnings report will test the company's ability to sustain profitability amidst market fluctuations.

Bull Confirmed If

An EPS of $0.65 or higher would confirm strong operational performance.

Bear Confirmed If

An EPS below $0.59 would signal potential weaknesses in demand or cost management.

Pre-Earnings Positioning

Options Market

Implied Move

±11.23%

Historical Avg

±5.9%

Pricing rich

The options market is pricing in a significant potential move after the earnings report, indicating heightened investor uncertainty.

Options are pricing ±11.2% while ON has averaged ±5.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.1%

30d HV

61.5%

Calls (1.2M)P/C Ratio: 0.53Puts (287K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$2.4M

30,000 sh

1 insider

Net

$2.4M

Net selling

Most Active Insiders· 1 open-market trade

Exec VP & CFOThad Trent
$2.4M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If ON beats expectations, history suggests a potential stock increase of around +1.54%, confirming strong demand.

In-Line / Cautious

A report in line with expectations may lead to a muted reaction, as investors await further guidance.

Miss

If ON misses earnings, the stock could drop by an average of -11.90%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on demand trends in the automotive and industrial sectors.
2Any commentary on supply chain challenges and their impact on production.
3Insights into pricing strategies for semiconductor products.
4Management's outlook on future revenue growth and market conditions.
5Details on any new product launches or technological advancements.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

May4

GRABReported

Grab Holdings Limited

RecapView

May4

GBDCReported

Company Snapshot

Key Metrics to Watch

EPS

Earnings per share is a critical indicator of profitability and helps gauge the company's financial health.

$0.61

Revenue

Revenue figures reveal the overall sales performance and market demand for ON's products.

$1.5B

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+2.95%

Avg Stock Reaction

-2.45%

Last Quarter Recap

In Q4 2025, ON Semiconductor reported an EPS of $0.64, slightly exceeding analyst expectations. However, the stock saw a minor decline the following day, indicating mixed market reactions.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect ON Semiconductor to report solid earnings, with a consensus EPS of $0.61. The market is closely watching for any signs of growth in revenue and profitability.

Bull Case

If ON beats expectations, it could signal strong demand for its products, especially in high-growth sectors like electric vehicles and AI, potentially boosting investor confidence.

Bear Case

Conversely, if ON fails to meet earnings expectations, it may raise concerns about demand fluctuations in the semiconductor market, leading to a negative reaction from investors.

Key Metrics to Watch

EPS

$0.61

Earnings per share is a critical indicator of profitability and helps gauge the company's financial health.

Revenue

$1.5B

Revenue figures reveal the overall sales performance and market demand for ON's products.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will ON Semiconductor's revenue exceed the $1.5B mark?

Revenue growth is crucial for assessing the company's market position and demand for its products.

Can ON maintain or improve its EPS above the consensus of $0.61?

Earnings performance is directly tied to investor sentiment and stock valuation.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating ON's growth potential in the automotive sector, where demand for semiconductors is surging due to electric vehicle production.

Supporting Evidence

Recent trends indicate a significant uptick in automotive chip demand, which could drive revenue higher than expected.

The options market is pricing a larger move than historical averages, suggesting that investors anticipate a more significant shift in sentiment.

Insider selling could indicate a cautious outlook, but it may also reflect profit-taking rather than a lack of confidence in future growth.

Key Risk

If automotive revenue growth exceeds expectations, it could significantly alter the market's perception of ON's future prospects.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The upcoming earnings report will test the company's ability to sustain profitability amidst market fluctuations.

Bull Confirmed If

An EPS of $0.65 or higher would confirm strong operational performance.

Bear Confirmed If

An EPS below $0.59 would signal potential weaknesses in demand or cost management.

Pre-Earnings Positioning

Options Market

Implied Move

±11.23%

Historical Avg

±5.9%

Pricing rich

The options market is pricing in a significant potential move after the earnings report, indicating heightened investor uncertainty.

Options are pricing ±11.2% while ON has averaged ±5.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.1%

30d HV

61.5%

Calls (1.2M)P/C Ratio: 0.53Puts (287K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$2.4M

30,000 sh

1 insider

Net

$2.4M

Net selling

Most Active Insiders· 1 open-market trade

Exec VP & CFOThad Trent
$2.4M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If ON beats expectations, history suggests a potential stock increase of around +1.54%, confirming strong demand.

In-Line / Cautious

A report in line with expectations may lead to a muted reaction, as investors await further guidance.

Miss

If ON misses earnings, the stock could drop by an average of -11.90%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on demand trends in the automotive and industrial sectors.
2Any commentary on supply chain challenges and their impact on production.
3Insights into pricing strategies for semiconductor products.
4Management's outlook on future revenue growth and market conditions.
5Details on any new product launches or technological advancements.