Compare MP Materials (MP) vs ON Semiconductor (ON) Price & Performance

MP MaterialsTrade

ON SemiconductorTrade

Price performance (Past 24H)

Key statistics

MP Materials vs ON Semiconductor — how do they compare? MP Materials trades at $54.53 (market cap $9.86B), while ON Semiconductor trades at $70.81 (market cap $27.67B). The key difference: ON Semiconductor is far larger — about 2.8× MP Materials's market cap. Which is the better fit depends on your goals.

	MP	ON
Market Cap	$9.86B	$27.67B
Sector	Industrials	Technology
52-Week High	$98.65	$133.93
52-Week Low	$38.10	$44.90
Enterprise Value	$9.34B	$28.29B

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Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

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On Semiconductor poised for growth with $213B TAM upgrade and Synaptics acquisition ahead of Investor Day 2026Seeking Alpha · 1 day agoBullish ON Semiconductor upgraded to Buy on strong data center growth and new product wins.Seeking Alpha · 1 day agoBullish View details →

About MP Materials

MP Materials mines, refines, and manufactures rare earth materials and magnets in the United States. Its products are used in transportation, energy, robotics, defense, and aerospace applications.

About ON Semiconductor

Onsemi develops power and sensing semiconductors for automotive, industrial, and energy applications. Its products support functions such as electric vehicle systems, energy conversion, automation, and intelligent sensing.