onsemi (NASDAQ:ON) Stock Rating Lowered by Zacks Research

onsemi (NASDAQ:ON) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

A number of other research analysts also recently commented on ON. Wells Fargo & Company boosted their price target on onsemi from $115.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, June 9th. Needham & Company LLC raised their target price on shares of onsemi from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, June 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of onsemi in a research report on Tuesday, May 5th. Roth Capital reaffirmed a “buy” rating on shares of onsemi in a report on Tuesday, May 5th. Finally, B. Riley Financial raised their target price on onsemi from $118.00 to $135.00 and gave the company a “buy” rating in a report on Friday, June 26th. Thirteen research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $101.19.

onsemi Stock Performance

NASDAQ ON opened at $91.10 on Monday. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $35.70 billion, a P/E ratio of 64.61, a P/E/G ratio of 0.84 and a beta of 2.01. onsemi has a 12-month low of $44.56 and a 12-month high of $134.92. The firm has a 50-day moving average price of $111.18 and a two-hundred day moving average price of $80.83.

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

Insiders Place Their Bets

In related news, CFO Trent Thad sold 30,000 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total value of $2,790,000.00. Following the sale, the chief financial officer owned 301,194 shares of the company’s stock, valued at $28,011,042. The trade was a 9.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is owned by insiders.

Institutional Investors Weigh In On onsemi

A number of large investors have recently bought and sold shares of the stock. CVA Family Office LLC lifted its holdings in shares of onsemi by 83.7% during the fourth quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 215 shares during the last quarter. Root Financial Partners LLC raised its position in shares of onsemi by 42.1% in the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 149 shares during the last quarter. DV Equities LLC purchased a new stake in onsemi during the 4th quarter valued at about $30,000. SHP Wealth Management purchased a new position in onsemi in the fourth quarter worth about $32,000. Finally, Summit Securities Group LLC lifted its stake in shares of onsemi by 346.3% in the fourth quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock worth $32,000 after buying an additional 464 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi said the divestitures should improve its manufacturing cost structure and support gross margin expansion over time as it reallocates resources to higher-priority assets. Article title
• Positive Sentiment: Management is framing the changes as part of a broader Fab Right strategy, suggesting a more focused operating model rather than a growth slowdown. Article title
• Neutral Sentiment: Analyst coverage around onsemi remains generally constructive, with recent price targets still above the current share price range, but the stock appears to be reacting more to the restructuring headline than to a new earnings update.
• Negative Sentiment: The planned asset sales can also raise investor questions about execution risk, near-term disruption, and whether the company is trimming capacity in response to softer demand. Article title
• Negative Sentiment: A separate investor alert about a law-firm investigation may have added some overhang, even though it does not appear to be the primary driver of the move. Article title

About onsemi

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.