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ON · ON Semiconductor Corporation — research history

Complete research history. Every dossier, draft, kill, publish, and lesson the system has produced on ON. Public so users can audit, AI can re-reference. Live price refreshes every 60s.

3 events · 1 investigation(s) · 0 published idea(s) · 10 lesson(s)

About ON · ON Semiconductor Corporation

ON Semiconductor Corporation provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally. It operates through three segments: Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and integrated semiconductor devices designed to enable power conversion, including power switching, signal conditioning, and circuit protection technologies. Its Analog and Mixed-Signal Group segment designs and develops analog and mixed-signal solutions, including power management, sensor interface, connectivity, and standard products for automotive, industrial automation, AI data centers, computing, and mobile end markets. The Intelligent Sensing Group segment develops complementary metal-oxide-semiconductor image sensors, image signal processors, short-wave infrared sensors, and other products, as well as photon-counting technologies, including single-photon avalanche diode arrays and silicon photomultiplier devices for depth sensing, factory automation, safety systems, and robotics industries. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Scottsdale, Arizona.

IndustrySemiconductorsSectorTechnologyEmployees22,600HQScottsdale, AZ, United StatesWebwww.onsemi.com ↗

Live Quote

Chart Signal · 1yr HOLD conf 3/5 · score +3
Bear$68.00-41.9%
Fair$110.68-5.5%
Bull$154.02+31.6%

HOLD (score +3) · 12-1 mom 102.2% · RSI 50.4 · above_both · -12.6% from high

Targets blend Wall Street consensus (27 analysts: low $68.00 / mean $107.15 / high $150.00) with chart-derived floors and ceilings.

1-Year Chart · RSI · MACD

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Research Timeline

Newest first. Each entry shows what stage produced it, the verdict/decision, and the reasoning.

Jun 13, 2026scoutfailedwatchlist rotation · core · semis-ai-infra

Stage crashed before producing an artifact (e.g. LM Studio timeout, malformed JSON, network error). The cooldown will hold this off the queue for ~1h before retry.

May 7, 2026analystskipscore 17

Score falls well below the publishing threshold due to zero insider buying, material insider selling, and a fully valued profile trading at a premium to sector medians. While IV is elevated, the lack of clear mispricing or unpriced catalysts, combined with unsubstantiated anti-signal flags, fails to meet the high-bar publish criteria.

May 7, 2026scoutrange_bound_or_incomeconf 5/525 tool calls · 10m

ON is a semiconductor company in strong cyclical recovery mode — Q1 FY2026 beat estimates by 4%, AI data center revenues are accelerating, and gross margin expansion is underway. However, three recent red flags warrant caution: (1) the stock has doubled year-to-date and sits at its 52-week high with an RSI near 70; (2) a $1.3 billion zero-coupon convertible notes offering priced at a 52.5% premium to market (potential dilution overhang); and (3) no open-market insider buys in the past 90 days — only RSU vestings and CFO selling into strength. The core bullish thesis is intact but the stock appears fully valued on near-term metrics, making an income/structured-play more appropriate than an asymmetric long.

Lessons Referencing This Ticker

structure · conf 4/5

For zero-revenue resource companies, earnings reports are operational milestone updates, not financial performance events. Market reaction is typically delayed 3-7 days as analysts digest operational details (mine start-up, production targets, inventory decisions). Use longer-dated options (7-14 DTE) or calendar spreads instead of tight DTE spreads that expire before the full reaction.

Applies when: Applies to all pre-revenue or zero-revenue resource/mining companies where operational milestones (mine start-up, production ramp, permitting) drive valuations. Does NOT apply to established producers with consistent revenue where earnings reactions are immediate.

extracted Jun 19, 2026 from 2026-06-01-UEC-earnings-put-spread

anti_signal · conf 5/5

In low-float, high-short-interest commodity names (~10%+ shorts), pre-earnings positioning can cause large directional spikes (10-15%) that distort entry pricing and skew readings. These spikes are driven by gamma positioning and short-covering, not fundamental information. Enter spreads AFTER the pre-event spike resolves, not before.

Applies when: Applies to commodity-linked names with short interest >10% and market cap <$10B entering earnings. Does NOT apply to large-cap names with low short interest where positioning is more efficient.

extracted Jun 19, 2026 from 2026-06-01-UEC-earnings-put-spread

other · conf 4/5

When directional thesis is correct but the move occurs after option expiry, the trade is a technical win but a strategic loss. The capital is locked up during the delayed reaction period, and theta decay continues. For binary operational events, consider selling the put spread leg to finance a longer-dated call/put if the directional conviction is high but timing is uncertain.

Applies when: Applies to all event-driven option trades where the catalyst is an operational milestone rather than a financial metric. Does NOT apply to pure financial catalysts (Fed decisions, regulatory approvals) where reactions are typically immediate.

extracted Jun 19, 2026 from 2026-06-01-UEC-earnings-put-spread

smart_money · conf 3/5

In commodity-linked names with institutional holders, put skew is often driven by hedging activity (portfolio insurance, commodity price exposure) rather than directional bearishness. Elevated put skew in these names should be discounted as a signal and treated as structural, not informational.

Applies when: Applies to all commodity-linked names (uranium, copper, lithium, oil) where institutional holders hedge commodity price exposure via options. Does NOT apply to pure-play companies with no commodity exposure where skew reflects genuine directional views.

extracted Jun 19, 2026 from 2026-06-01-UEC-earnings-put-spread

catalyst · conf 5/5

For pre-revenue mining companies, the key earnings catalyst is operational progress (mine start-up, production targets, permitting status), not EPS. EPS misses are expected and priced in. Market reaction is driven by whether operational milestones are met or delayed, not financial performance. Score catalysts based on operational milestone significance, not EPS surprise potential.

Applies when: Applies to all pre-revenue or early-stage mining/exploration companies. Does NOT apply to established producers where EPS and revenue are the primary drivers.

extracted Jun 19, 2026 from 2026-06-01-UEC-earnings-put-spread

anti_signal · conf 5/5

When RSI(14) > 80 AND the stock has run up >40% in 180 days entering earnings, the probability of mean-reversion is high regardless of implied move richness. The direction_evidence score should be reduced by at least 5 points, and the trade should be avoided unless there is a strong contrarian catalyst.

Applies when: Applies to any earnings play where RSI > 80 and the stock has run up >40% in the prior 180 days. Does NOT apply when the stock is near its 200-DMA or has been consolidating.

extracted Jun 19, 2026 from 2026-06-01-PANW-earnings-debit-call

structure · conf 5/5

If the options chain has null bid/ask data across all strikes, the implied move calculation is unreliable. The scout should flag this as a fatal flaw and reject the trade — do not proceed with assumed implied move metrics.

Applies when: Applies to any options-based trade where the implied move is a key input. Does NOT apply to trades that do not rely on implied move calculations.

extracted Jun 19, 2026 from 2026-06-01-PANW-earnings-debit-call

smart_money · conf 4/5

In cybersecurity names during AI-capex peaks, executive sales (even Rule 10b5-1) at prices significantly below current spot should be weighted more heavily than analyst upgrades. Insiders are closer to the data and may be positioning for a plateau.

Applies when: Applies to cybersecurity and AI-infrastructure names during periods of elevated analyst optimism. Does NOT apply when insiders are buying or when sales are at prices near current spot.

extracted Jun 19, 2026 from 2026-06-01-PANW-earnings-debit-call

catalyst · conf 4/5

Historical EPS beats do not guarantee positive stock reaction if the stock has already run up into the event. The 'beat' is priced in, and any 'in-line' result is a disappointment. The catalyst_was_real score should be reduced when the pre-event run-up exceeds 20%.

Applies when: Applies to any earnings play where the stock has run up >20% into the event. Does NOT apply when the stock has been consolidating or declining into the event.

extracted Jun 19, 2026 from 2026-06-01-PANW-earnings-debit-call

technical · conf 4/5

RSI(14) > 80 is a valid overbought signal that should reduce the technical_was_useful score and trigger a mean-reversion warning. In the scoring methodology, technical signals should not be dismissed as 'Tier 3 confirmation' when they indicate extreme conditions.

Applies when: Applies to any trade where RSI > 80 or < 20. Does NOT apply in strong trending regimes where RSI can remain extended.

extracted Jun 19, 2026 from 2026-06-01-PANW-earnings-debit-call

For AI Agents

Structured JSON of this page's history is at /api/research/ON.json — Scout/Analyst/Reviewer can fetch this directly via the existing edgar_filing_text tool pattern (or any HTTP fetch) for cross-investigation context.