onsemi (NASDAQ:ON) Upgraded at Craig Hallum

onsemi (NASDAQ:ON) was upgraded by analysts at Craig Hallum from a “hold” rating to a “buy” rating in a research note issued on Tuesday, MarketBeat reports. The firm presently has a $85.00 price objective on the semiconductor company’s stock. Craig Hallum‘s price target would indicate a potential upside of 21.24% from the stock’s previous close.

ON has been the topic of a number of other research reports. UBS Group reissued a “neutral” rating on shares of onsemi in a research note on Thursday, September 17th. Seaport Research Partners initiated coverage on onsemi in a research note on Tuesday, September 22nd. They set a “buy” rating and a $100.00 price target for the company. Rosenblatt Securities reiterated a “neutral” rating and issued a $85.00 price objective on shares of onsemi in a report on Thursday, September 17th. Stonex Financia upgraded onsemi to a “strong-buy” rating in a research report on Wednesday, October 14th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $90.00 price objective on shares of onsemi in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $91.81.

onsemi Trading Down 2.2%

Shares of onsemi stock opened at $70.11 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.46 and a quick ratio of 2.49. onsemi has a 1 year low of $44.56 and a 1 year high of $134.92. The firm has a market cap of $27.29 billion, a PE ratio of 44.94, a PEG ratio of 0.62 and a beta of 2.05. The company has a 50 day simple moving average of $74.67 and a two-hundred day simple moving average of $82.02.

onsemi (NASDAQ:ON) last issued its quarterly earnings results on Monday, November 2nd. The semiconductor company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.02. The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.63 EPS. Analysts expect that onsemi will post 3.21 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Sudhir Gopalswamy sold 15,578 shares of onsemi stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $80.00, for a total value of $1,246,240.00. Following the transaction, the insider directly owned 158,177 shares of the company’s stock, valued at $12,654,160. The trade was a 8.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.35% of the company’s stock.

Institutional Investors Weigh In On onsemi

Institutional investors have recently added to or reduced their stakes in the company. CenterBook Partners LP raised its stake in shares of onsemi by 162.4% during the third quarter. CenterBook Partners LP now owns 187,420 shares of the semiconductor company’s stock valued at $14,407,000 after acquiring an additional 115,987 shares during the last quarter. Alta Advisers Ltd purchased a new stake in shares of onsemi during the third quarter worth about $225,000. Kestra Advisory Services LLC grew its stake in shares of onsemi by 13.5% in the third quarter. Kestra Advisory Services LLC now owns 16,911 shares of the semiconductor company’s stock worth $1,300,000 after purchasing an additional 2,006 shares during the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of onsemi by 33.2% in the third quarter. Chicago Partners Investment Group LLC now owns 10,555 shares of the semiconductor company’s stock worth $763,000 after purchasing an additional 2,631 shares during the last quarter. Finally, Rakuten Investment Management Inc. increased its holdings in onsemi by 12.9% during the 3rd quarter. Rakuten Investment Management Inc. now owns 129,575 shares of the semiconductor company’s stock valued at $9,841,000 after purchasing an additional 14,771 shares during the period. Hedge funds and other institutional investors own 97.70% of the company’s stock.

More onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: AI growth outlook raised: onsemi agreed to acquire Ferric, a developer of integrated voltage-regulator technology, for $600 million in cash plus up to $175 million in contingent consideration. The deal is expected to strengthen onsemi’s power-delivery position for next-generation AI processors and lift its 2030 AI data-center revenue target by $500 million to more than $3 billion. onsemi to Acquire Ferric
• Positive Sentiment: Quarterly results topped consensus: Third-quarter revenue rose 11.1% year over year to approximately $1.72 billion, while adjusted earnings were $0.90 per share versus estimates of $0.88. Cash flow also strengthened, with operating cash flow up 23% to $516 million and free cash flow up 31% to $489 million. onsemi Reports Third Quarter 2026 Results
• Positive Sentiment: AI demand is accelerating: Management said AI data-center revenue surged 175% year over year, helped by customer demand and supply constraints that redirected capacity toward the company’s differentiated products. Fourth-quarter revenue guidance of roughly $1.77 billion was reportedly above the analyst consensus. onsemi Q3 Earnings Call Highlights
• Neutral Sentiment: The Ferric acquisition could improve long-term revenue growth, gross margins and earnings per share, but it requires a substantial cash outlay and execution will be needed to integrate the technology and convert AI demand into sustained sales.
• Negative Sentiment: The positive results were not enough to satisfy elevated investor expectations. Reports indicate the stock weakened after the earnings release, suggesting the market may be focused on the pace of broader semiconductor recovery, valuation, and whether AI growth can offset softness in other end markets. Why onsemi Shares Fell Despite Earnings

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.