ON Semiconductor, shares after the Synaptics deal update
28.06.2026 - 09:34:23 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-28, 07:34.
ON Semiconductor (US6821891035) is trading after a Reuters-reported all-stock agreement to buy Synaptics for about $7 billion. MarketBeat shows the shares closed at $90.65 on 2026-06-26, after a 23.66 percent drop on the session.
What Reuters reported
The Reuters report says onsemi agreed to acquire Synaptics in an all-stock transaction that values the target at about $7 billion and ties the deal to AI-driven intelligent systems and edge applications Reuters via Yahoo Finance. Yahoo Finance also notes the stock closed at $90.65 on Friday, with the move reflecting a week in which the shares remained volatile.
Zacks published the same day that onsemi has more than doubled year to date and that AI data center revenue has more than doubled year over year. The same note says margins expanded for a third straight quarter and that 2026 consensus EPS has risen to $3.09 from $2.90 over the past 60 days Zacks on the latest consensus shift.
What analysts are watching
MarketBeat lists onsemi on the NASDAQ and shows a 50-day range of $79.93 to $133.93, which underlines how quickly the shares have moved this year. The same page puts the closing price at $90.65 and extended trading at $90.31 as of 2026-06-26 08:00 PM Eastern MarketBeat quote page.
For Monday, the focus sits on the next dated items around the transaction and on how the market digests the valuation against the semiconductor peer group. Bitget’s stock page calls onsemi a name tied to silicon carbide and intelligent sensing, which matches the company’s current market pitch and keeps the sector anchor in place.
Background and price data on onsemi
The onsemi shares now combine a large acquisition headline with a sharp Friday move and a busy valuation debate.
Silicon carbide sales
onsemi sells power semiconductors, analog chips and image-sensing components for automotive, industrial and data-center customers. A visible part of that portfolio is silicon carbide, where the company has built much of its current investor case.
Friday close on Nasdaq
The onsemi shares (US6821891035) trade on 2026-06-26, 08:00 PM Eastern on Nasdaq at $90.65.
Key data on the onsemi shares
- Company: ON Semiconductor Corporation
- ISIN: US6821891035
- Ticker: ON
- Trading venue: Nasdaq
- Price (as of 2026-06-26, 08:00 PM Eastern): $90.65
- Sector / industry: Semiconductors / semiconductor equipment and materials
- Index membership: S&P 500
Disclaimer: This article is for information only and does not constitute investment advice.
