See How ON Semiconductor Gains on Institutional Buys

ON designs, manufactures, and sells key power and signal management solutions used in many industries, including automotive, communications, lighting, medical, aerospace, and more. In its first-quarter fiscal 2026 earnings, the company reported $1.51 billion in total revenue (a 5% year-over-year gain), non-GAAP diluted per-share earnings of $0.64 (above midpoint guidance), and offered quarterly revenue and EPS guidance of up to $1.635 billion and $0.77, respectively.

It’s no wonder ON shares are up 90% this year so far – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.

ON Semiconductor Brings in Big Money

Institutional volumes reveal plenty. In the last year, ON has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in ON shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with ON Semiconductor.

ON Semiconductor Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, ON has a strong enterprise value and manageable debt relative to earnings:

• EV/1-year EBITDA (+10.5X)
• Debt/EBITDA ratio (+1.7X)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +38%.

Now it makes sense why the stock has been generating Big Money interest. ON has a track record of strong financial performance.

Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.

ON Semiconductor has been a top-rated stock at MoneyFlows for years. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s up 718% since its first appearance on the rare Outlier 20 report in 2007. Institutions keep buying – the blue bars below show when ON was a top pick in the last decade…Big Money drives gains:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

ON Semiconductor Price Prediction

The ON action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in ON at the time of publication.

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