Prediction: Why We See ON Semiconductor Hitting a New All-Time High This Year
Key takeaways
- Prediction: Why We See ON Semiconductor Hitting a New All-Time High This Year 24/7 Wall St.
- The stock has surged from $41 to $106 on cyclical semiconductor recovery and data center power demand tailwinds, though bears cite a 340 P/E valuation, double-digit segment declines in Q4, and China exposure risks.
- The analyst who called NVIDIA in 2010 just named his top 10 AI stocks.
Prediction: Why We See ON Semiconductor Hitting a New All-Time High This Year 24/7 Wall St. Vandita Jadeja Sat, May 23, 2026 at 10:27 PM GMT+7 4 min read ON Quick Read ON Semiconductor (ON) reported Q4 2025 non-GAAP EPS of $0.64 on $1,530.1M revenue and generated record $1,418.6M free cash flow, authorizing a $6B buyback while launching vertical Ga N power semiconductors positioned to capture AI data center and vehicle electrification demand.
The stock has surged from $41 to $106 on cyclical semiconductor recovery and data center power demand tailwinds, though bears cite a 340 P/E valuation, double-digit segment declines in Q4, and China exposure risks.
The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE.