onsemi (NASDAQ:ON) Shares Up 8.1% After Analyst Upgrade

onsemi (NASDAQ:ON) traded up 8.1% on Wednesday after Cantor Fitzgerald raised their price target on the stock from $95.00 to $100.00. Cantor Fitzgerald currently has a neutral rating on the stock. onsemi traded as high as $113.67 and last traded at $112.5220. 2,337,464 shares changed hands during trading, a decline of 76% from the average session volume of 9,581,804 shares. The stock had previously closed at $104.11.

A number of other analysts have also recently weighed in on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of onsemi in a report on Wednesday, April 29th. Zacks Research raised onsemi from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 6th. B. Riley Financial upgraded onsemi from a “neutral” rating to a “buy” rating and set a $115.00 target price on the stock in a research note on Thursday, April 23rd. Mizuho boosted their price target on onsemi from $70.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Finally, TD Cowen increased their price objective on shares of onsemi from $80.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, onsemi presently has an average rating of “Hold” and an average price target of $88.81.

Insiders Place Their Bets

In other news, insider Sudhir Gopalswamy sold 6,114 shares of the stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $58.67, for a total transaction of $358,708.38. Following the sale, the insider directly owned 173,943 shares of the company’s stock, valued at $10,205,235.81. This represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Trent Thad sold 60,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $71.22, for a total value of $4,273,200.00. Following the sale, the chief financial officer owned 339,460 shares in the company, valued at $24,176,341.20. This trade represents a 15.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 146,114 shares of company stock worth $11,282,308. Company insiders own 0.35% of the company’s stock.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi’s recent quarterly results were solid, with EPS of $0.64 topping estimates and revenue of $1.51 billion also ahead of expectations, while AI data center revenue reportedly grew 30% sequentially, supporting the growth story.
• Positive Sentiment: Several analysts have raised or reaffirmed bullish views, including Roth Capital lifting its price target to $125 while maintaining a Buy rating, which reinforces confidence in the company’s longer-term AI and power semiconductor exposure.
• Neutral Sentiment: There is also some positioning noise ahead of onsemi’s annual stockholders meeting on May 14, which can lead to short-term trading around the event rather than a fundamental re-rating. Article Title
• Negative Sentiment: Shares are being weighed by a broader decline in semiconductor stocks tied to inflation concerns and higher energy prices, which is dragging down rate-sensitive growth names even without a new company-specific negative announcement.
• Negative Sentiment: One recent analysis also argued onsemi still faces a slowdown in silicon carbide demand and tougher competition in image sensors, suggesting some investors may be reassessing the durability of the growth narrative. Article Title

Institutional Investors Weigh In On onsemi

Institutional investors have recently added to or reduced their stakes in the stock. Bellwether Advisors LLC acquired a new position in onsemi during the first quarter worth $1,435,000. PNC Financial Services Group Inc. grew its position in shares of onsemi by 5.1% in the first quarter. PNC Financial Services Group Inc. now owns 67,415 shares of the semiconductor company’s stock valued at $4,174,000 after purchasing an additional 3,256 shares during the period. Oslo Pensjonsforsikring AS purchased a new stake in shares of onsemi during the first quarter worth about $277,000. Baader Bank Aktiengesellschaft purchased a new position in onsemi in the 1st quarter valued at about $436,000. Finally, Meeder Advisory Services Inc. boosted its holdings in onsemi by 31.6% in the 1st quarter. Meeder Advisory Services Inc. now owns 7,741 shares of the semiconductor company’s stock worth $479,000 after buying an additional 1,857 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

onsemi Trading Up 8.1%

The company has a fifty day moving average of $73.93 and a 200-day moving average of $63.13. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $44.11 billion, a price-to-earnings ratio of 80.67, a PEG ratio of 0.96 and a beta of 1.94.

onsemi (NASDAQ:ON) last released its earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter last year, the business posted $0.55 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. As a group, equities research analysts anticipate that onsemi will post 3.09 earnings per share for the current fiscal year.

onsemi Company Profile

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.