BN · rank #16 · 2026-07-21
ON
NASDAQ · $33.74B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | 0.24 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +11.3% |
| Forward net margin Consensus forward net margin. | +11.8% |
| Net margin TTM Trailing twelve month net margin. | +9.5% |
| Margin expansion Forward minus trailing net margin (percentage points). | +2.4% |
| Forward PEG Forward P/E to growth. Below 1 is cheap for the growth. | 0.29 |
| Debt / FCF Net debt relative to free cash flow. Lower is safer. | 2.07× |
| Analyst upside Spread between the consensus 12m target and the current price. | +30.9% |
| Last EPS surprise Most recent reported EPS versus consensus. | +3% |
| Market cap (USD) | $33.74B |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
ON Semiconductor designs and manufactures power and sensing semiconductors, with growing exposure to AI data center power management and automotive electrification.
Rationale
AI data center revenue more than doubling YoY with margin expansion and a forward PEG of 0.29 suggests the market is underpricing ON's role as a structural bottleneck solver in power delivery for high-density AI compute.
Material risks
- 1Automotive recovery is demand-driven cyclicality, not a structural moat — if EV adoption stalls or Tier-1 OEMs internalize power module design, ON loses pricing leverage in its largest legacy segment.
- 2Institutional 13F median change is negative (-0.23%), signaling smart money is trimming, which could cap near-term re-rating despite improving fundamentals.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.