Cramer highlights ON Semiconductor's potential amid recent stock performance.
Jim Cramer has pointed out ON Semiconductor (ON) as a laggard in the semiconductor sector, suggesting it has the potential to catch up. This comes after the company's stock dropped by 3.76% on the day, closing at US$77.86. While the stock has seen a slight decline of 0.84% over the past week, it has increased by 40.05% year-to-date.
Investor takeaway: Investors should keep an eye on ON Semiconductor's performance, especially in light of Cramer's insights and current market conditions.
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ON Semiconductor Corporation
ON.US
ON.US
ON Semiconductor Corporation
WealthAwesomeMarket cap
$32.12B
P/E
53.2x
52W high
$134.92
52W low
$44.56
1W change
-0.84%
Beta
2.05
Analyst Price Targets
Based on 30 analysts covering ON · as of Oct 7, 2026
Wall Street analysts forecast ON stock price to rise 31.5% over the next 12 months.
Consensus
Buy3.87 / 5.00
Avg. Target
C$104.46
+31.5% Upside
Previously C$104.27 on Oct 5, 2026
Current Price
C$79.41
Last close
Analyst Breakdown (30 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ON's historical volatility
30-Day Vol
58.4%
Annualized
90-Day Vol
79.3%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$66.42
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$74.82 | C$61.17 – C$91.52 |
| 60 trading days | C$70.50 | C$53.02 – C$93.73 |
| 90 trading days | C$66.42 | C$46.86 – C$94.15 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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ON Semiconductor's Stock Declines 3.76% Amid Cramer's Commentary
The latest trading volume of 2,260,617 shares is significantly lower than the 20-day average of 12,419,671 shares, indicating reduced investor activity.
Bull case
Cramer’s endorsement reflects confidence in ON Semiconductor's future growth, which could attract investor interest and help the stock recover its price.
Bear case
The recent decline in stock price and lower trading volume compared to its 20-day average may raise concerns about immediate investor confidence and overall market sentiment.
Cramer Highlights ON Semiconductor's Potential
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In a recent segment, Jim Cramer noted ON Semiconductor as a laggard in the semiconductor industry with the potential to catch up with its peers. The stock closed at US$77.86, reflecting a 3.76% decline on the day. This drop is part of a broader trend, with the stock down 0.84% over the past week, although it has gained 11.72% in the last month, showing some recovery potential.
Stock Performance and Trading Volume Insights
ON Semiconductor's trading volume was 2,260,617 shares, significantly below the 20-day average of 12,419,671 shares, suggesting reduced investor interest. The stock’s performance is notable compared to its moving averages; it is currently 1.7% above its 50-day moving average of US$76.57 but 3.6% below its 200-day moving average of US$80.78. The stock remains within 37% of its 52-week range of US$44.56 to US$134.92.
What to Watch Next for ON Semiconductor
Looking ahead, investors should monitor ON Semiconductor's ability to regain momentum in the market. The stock's P/E ratio is 53.23, indicating high expectations for future growth. Analysts have set an average price target of US$104.46, suggesting an implied upside of 34.2%. Observing how the stock reacts to Cramer's insights and other market trends will be crucial in the coming weeks.
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