ON Earnings Predictions — 2026-08-03

Ticker Report or Guide KPI Prediction Answer Confidence
ON Report Revenue IN-LINE pred ~$1.600B vs. cons $1.589B LOW
ON Report Non-GAAP gross margin IN-LINE pred ~39.5% vs. cons 39.1% LOW
ON Report Non-GAAP diluted EPS BEAT pred ~$0.735 vs. cons $0.715 LOW
ON Guide Revenue (Q3 2026) UNCHANGED guide ~$1.660B midpoint vs. cons $1.673B LOW
ON Guide Non-GAAP gross margin (Q3 2026) UNCHANGED guide ~40.0% midpoint vs. cons 40.3% LOW
ON Guide Non-GAAP diluted EPS (Q3 2026) UNCHANGED guide ~$0.830 midpoint vs. cons $0.836 LOW
ON Guide 2H growth / margin commentary UNCHANGED reiterate 2H > 1H and sequential margin expansion; quantitative consensus UNVERIFIED LOW
ON Return Day-1 residual (stock − beta × S&P 500) -1.0% LOW
ON Return 5-day cumulative residual -1.5% (FADE) FADE — Q3 validation without upward revisions is unlikely to sustain a rally LOW