LIVE
NXPI
NXP Semiconductors N.V. · Technology
$313.27
+6.45% this month
VERSUS
⟷
COMPARE
ON
ON Semiconductor (onsemi) · Technology
$121.62
+14.71% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
NXPI
3
ON
2
Comparison scoreboard
NXPI LEADS 3/5AI Score
NXPI 49.0
ON ✓61.4
1Y Return
NXPI +47.19%
ON ✓+129.73%
Fwd P/E
NXPI ✓17.29
ON 27.38
Target Up.
NXPI ✓-0.39%
ON -8.97%
Op. Margin
NXPI ✓27.66%
ON 18.23%
Metrics last refreshed: 6/20/2026
Quick take
NXPI vs ON Stock Comparison: AI Score, Valuation, Performance and Upside
NXP Semiconductors and ON Semiconductor are both major automotive semiconductor companies but serving different aspects of vehicle electronics. NXP provides intelligence — the processors, radar, MCUs, and networking chips managing vehicle computing and sensing. Onsemi provides power — the SiC semiconductors converting battery power for EV motors and charging. Both are critical to automotive electrification but in complementary roles: NXP for the brain of the vehicle; onsemi for the power system of EVs.
NXPI vs ON is the world's largest automotive semiconductor company providing intelligence chips across vehicle computing, radar, and networking (NXP) versus the SiC power semiconductor specialist for EV traction inverters competing in a more focused but rapidly growing power segment (onsemi) — automotive semiconductor intelligence vs power.
Live analysis · updated 6/20/2026
NXPI holds the edge across 3 of 5 key metrics in this comparison. ON has delivered stronger 1-year price return (+129.73% vs +47.19%), though NXPI trades at the lower forward P/E (17.29x vs 27.38x). NXPI leads on both revenue growth (12.20%) and operating margin (27.66%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies meaningfully more upside for NXPI (-0.39%) than for ON (-8.97%).
Normalized 1Y performance
NXPI
ON
Recent returns
NXPI
ON
Analyst price targets & sentiment
NXPI · 32 analysts
STRONG BUYHOLDSTRONG SELL
Buy (1.6/5.0)
Price target range
analyst low$170.00
analyst mean$303.68
current price$313.27
-0.4% upside to analyst mean
ON · 29 analysts
Price target range
analyst low$33.00
analyst mean$106.31
current price$121.62
-9.0% upside to analyst mean
Who should consider this stock?
NXPI may suit investors who:
- →prefer the broadest automotive semiconductor portfolio across MCUs, processors, radar, and networking chips — maximum automotive electronic content growth exposure
- →value NXP's ADAS radar leadership as every new car adds more radar sensors for collision avoidance and autonomous driving enablement
- →want automotive semiconductor exposure diversified across both EV and internal combustion vehicles — NXP chips are required in all vehicle types regardless of powertrain
- →are comfortable with extended automotive inventory correction, Renesas/TI/Infineon competition in MCUs, and China automotive market demand variability
ON may suit investors who:
- →prefer focused SiC power semiconductor exposure specifically tied to EV adoption — onsemi benefits most directly from accelerating EV penetration rates
- →value onsemi's vertical SiC manufacturing providing supply security and cost control in a constrained SiC substrate market
- →want a more concentrated automotive electrification bet with higher upside if EV adoption accelerates beyond current expectations
- →are comfortable with SiC competition intensity, EV adoption rate uncertainty, and onsemi's concentration risk from high automotive SiC dependence
Performance & AI score
| Metric | NXPI | ON |
|---|---|---|
| AI score | 49.0 | 61.4 |
| AI rank | #528 | #138 |
| Latest close | $313.27 | $121.62 |
| 1M return | +6.45% | +14.71% |
| 6M return | +40.34% | +128.05% |
| 1Y return | +47.19% | +129.73% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | NXPI | ON |
|---|---|---|
| 1Y ago | $14.82K (+48.2%) started 2025-06-18 | $23.27K (+132.7%) started 2025-06-18 |
| 5Y ago | $18.11K (+81.1%) started 2021-06-21 | $33.33K (+233.3%) started 2021-06-21 |
| 10Y ago | $45.45K (+354.5%) started 2016-06-20 | $124.36K (+1143.6%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | NXPI | ON |
|---|---|---|
| Market cap | $76.97B | $45.41B |
| Trailing P/E | 29.15 | 86.51 |
| Forward P/E | 17.29 | 27.38 |
| Price/Sales | 4.26 | 3.15 |
| EV/Revenue | 6.76 | 7.69 |
| Analyst target | $303.68 | $106.31 |
| Target upside | -0.39% | -8.97% |
Growth, profitability & risk
| Metric | NXPI | ON |
|---|---|---|
| Revenue growth | 12.20% | 4.70% |
| Earnings growth | 130.70% | -48.70% |
| EPS growth | +130.70% | -48.70% |
| FCF margin | +21.62% | +21.15% |
| Operating margin | 27.66% | 18.23% |
| Profit margin | 21.03% | 9.46% |
| ROIC proxy | 25.81% | 7.49% |
| Return on equity | 25.81% | 7.49% |
| Dividend yield | 1.33% | N/A |
| Beta | 1.79 | 1.98 |
| Debt/equity | 103.99 | 44.34 |
| Current ratio | 2.24 | 4.87 |
| Quick ratio | 1.36 | 2.80 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
NXPI max drawdown24.97%
ON max drawdown28.10%
NXPI max wkly drop11.28%
ON max wkly drop19.08%
5Y risk snapshot
NXPI max drawdown46.47%
ON max drawdown70.44%
NXPI max wkly drop19.21%
ON max wkly drop26.38%
10Y risk snapshot
NXPI max drawdown53.26%
ON max drawdown70.44%
NXPI max wkly drop35.51%
ON max wkly drop43.93%
Performance metrics by period
| Period | Metric | NXPI | ON |
|---|---|---|---|
| 1Y | Growth | +48.15% | +132.72% |
| CAGR | +48.24% | +133.00% | |
| Sharpe ratio | 0.97 | 1.73 | |
| Max drawdown | 24.97% | 28.10% | |
| Max daily drop | 8.15% | 15.58% | |
| Max wkly drop | 11.28% | 19.08% | |
| 5Y | Growth | +68.92% | +233.30% |
| CAGR | +11.07% | +27.27% | |
| Sharpe ratio | 0.35 | 0.64 | |
| Max drawdown | 46.47% | 70.44% | |
| Max daily drop | 11.25% | 21.77% | |
| Max wkly drop | 19.21% | 26.38% | |
| 10Y | Growth | +307.41% | +1143.56% |
| CAGR | +15.09% | +28.69% | |
| Sharpe ratio | 0.44 | 0.66 | |
| Max drawdown | 53.26% | 70.44% | |
| Max daily drop | 19.38% | 26.84% | |
| Max wkly drop | 35.51% | 43.93% |
Business comparison
| Category | NXPI | ON |
|---|---|---|
| Company | NXP Semiconductors N.V. | ON Semiconductor (onsemi) |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
| Core business | NXP Semiconductors is the world's largest automotive semiconductor company by revenue, providing microcontrollers (MCUs), processors, RF, radar, and secure element chips across automotive, industrial IoT, mobile, and communication infrastructure. In automotive, NXP's chips manage vehicle computing (S32 automotive processors), radar (77GHz ADAS radar chips), secure elements (vehicle identity and payment), and increasingly vehicle networking (Ethernet switches for automotive). NXP's automotive chips span the entire car's electronic control units. | ON Semiconductor focuses on silicon carbide (SiC) power semiconductors for EV traction inverters and industrial power conversion, plus image sensors and general analog. Onsemi has made EV SiC the centerpiece of its strategy — acquiring SiC wafer manufacturing capability and announcing multi-year SiC supply agreements with major EV OEMs. While NXP focuses on automotive intelligence (processors, radar, MCUs), onsemi focuses on automotive power (SiC inverters). |
| Investor focus | Investors track automotive segment revenue, ADAS radar chip content expansion, vehicle electrification content growth, and inventory correction resolution at automotive OEM and Tier 1 suppliers. | Investors track SiC revenue growth, EV design win announcements, and onsemi's fab capacity expansion to meet SiC demand. |
NXPI strengths
- →World's largest automotive semiconductor company by revenue — broader automotive chip coverage than any single competitor across MCUs, processors, radar, and networking
- →Radar semiconductor leadership: NXP's single-chip 77GHz radar solution is adopted by multiple ADAS systems — growing as every new car adds more radar sensors
- →S32 automotive compute platform targets vehicle central compute architecture — as cars consolidate multiple ECUs to central computers, S32 wins higher content per vehicle
ON strengths
- →SiC power semiconductor leadership for EV inverters — a specific, high-value market growing with EV adoption
- →Vertical SiC manufacturing integration provides supply security and cost control as SiC demand grows
- →Long-term automotive design win visibility — EV traction inverter design wins have 7–10 year platform lifetimes
Risks to watch — NXPI
- →Automotive semiconductor inventory correction has extended — Tier 1 automotive suppliers built excess inventory in 2021–2022 and destocking has been prolonged
- →Renesas, Texas Instruments, Infineon, and STMicroelectronics all compete in automotive semiconductors with comparable portfolios
- →China automotive market slowdown impacts NXP given China's significant automotive production volumes
Risks to watch — ON
- →SiC competition is intense — Wolfspeed, STMicroelectronics, Infineon, and others all competing for EV traction inverter SiC content
- →EV adoption growth has moderated from initial high expectations — SiC revenue ramp is slower than predicted
- →Concentration risk: onsemi's focus on SiC/automotive creates vulnerability to any sustained slowdown in EV adoption rates
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