ON Semiconductor (NASDAQ:ON) Price Target Raised to $65.00

ON Semiconductor (NASDAQ:ON) had its price target increased by Bank of America from $60.00 to $65.00 in a research note published on Wednesday morning,Benzinga reports. The firm currently has a neutral rating on the semiconductor company’s stock.

Several other research firms also recently commented on ON. Cantor Fitzgerald restated a “neutral” rating on shares of ON Semiconductor in a research report on Tuesday, December 16th. Williams Trading set a $60.00 price target on ON Semiconductor in a research report on Tuesday, November 4th. Wells Fargo & Company lifted their price objective on ON Semiconductor from $62.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Morgan Stanley boosted their target price on shares of ON Semiconductor from $55.00 to $56.00 and gave the company an “equal weight” rating in a research note on Monday, November 24th. Finally, Piper Sandler upped their target price on shares of ON Semiconductor from $60.00 to $65.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. Thirteen research analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the stock. According to MarketBeat, ON Semiconductor presently has a consensus rating of “Hold” and an average target price of $61.30.

ON Semiconductor Price Performance

Shares of ON Semiconductor stock opened at $61.98 on Wednesday. The firm has a market cap of $24.94 billion, a P/E ratio of 80.49, a price-to-earnings-growth ratio of 2.74 and a beta of 1.55. The firm’s 50-day simple moving average is $55.14 and its 200-day simple moving average is $52.84. ON Semiconductor has a twelve month low of $31.04 and a twelve month high of $65.77. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.54 and a current ratio of 5.23.

ON Semiconductor (NASDAQ:ON) last posted its quarterly earnings results on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.04. The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.52 billion. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. The company’s quarterly revenue was down 12.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.99 earnings per share. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. As a group, research analysts expect that ON Semiconductor will post 2.6 EPS for the current fiscal year.

ON Semiconductor declared that its Board of Directors has approved a share repurchase plan on Tuesday, November 18th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the semiconductor company to purchase up to 32.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at ON Semiconductor

In other news, CFO Trent Thad sold 20,000 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $55.05, for a total value of $1,101,000.00. Following the completion of the sale, the chief financial officer owned 379,448 shares of the company’s stock, valued at approximately $20,888,612.40. The trade was a 5.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.31% of the company’s stock.

Institutional Trading of ON Semiconductor

Institutional investors have recently modified their holdings of the stock. Cromwell Holdings LLC grew its holdings in shares of ON Semiconductor by 17.4% during the 4th quarter. Cromwell Holdings LLC now owns 1,312 shares of the semiconductor company’s stock worth $71,000 after purchasing an additional 194 shares in the last quarter. Freedom Investment Management Inc. grew its stake in ON Semiconductor by 2.6% during the second quarter. Freedom Investment Management Inc. now owns 7,853 shares of the semiconductor company’s stock worth $412,000 after buying an additional 196 shares in the last quarter. Westside Investment Management Inc. increased its holdings in ON Semiconductor by 9.3% in the 4th quarter. Westside Investment Management Inc. now owns 2,360 shares of the semiconductor company’s stock valued at $128,000 after buying an additional 200 shares during the period. Versant Capital Management Inc raised its position in shares of ON Semiconductor by 4.9% in the 3rd quarter. Versant Capital Management Inc now owns 4,264 shares of the semiconductor company’s stock valued at $210,000 after buying an additional 201 shares in the last quarter. Finally, UMB Bank n.a. raised its position in shares of ON Semiconductor by 4.1% in the 3rd quarter. UMB Bank n.a. now owns 5,334 shares of the semiconductor company’s stock valued at $263,000 after buying an additional 211 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors.

More ON Semiconductor News

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Several brokerages have recently upgraded or raised targets for ON, fueling short‑term buying and helping the stock reach a one‑year high earlier this week. Notable coverage cited includes a Bank of America upgrade and other positive analyst notes that highlight recovery potential. Article
• Positive Sentiment: Market commentary argues ON will benefit from a cyclical semiconductor recovery (auto electrification, industrial demand), which supports a constructive medium‑term outlook for revenue and margin improvement. Investors may be accumulating ahead of that potential rebound. Article
• Neutral Sentiment: onsemi set a clear near‑term catalyst: Q4 and full‑year 2025 results will be released after the close on February 9, 2026, followed by a 5:00 PM ET conference call. That upcoming report (and any guidance) is a likely focal point for traders and may increase volatility. Press release
• Neutral Sentiment: Some outlets and data aggregators show a mixed analyst picture — the street median target sits near the current price (Quiver/consensus ~ $59) and BNP Paribas Exane recently set a $62 target with a neutral rating, suggesting limited near‑term upside in some analysts’ views. Finviz / The Fly note
• Negative Sentiment: Insider selling has occurred recently (several executive-level sales disclosed), which can temper investor enthusiasm and create short‑term selling pressure ahead of earnings. Quiver summary
• Negative Sentiment: Institutional flows are mixed (some large holders cutting positions while others add), and ON’s valuation (high P/E and PEG vs. peers) leaves the stock sensitive to any miss in revenue, margin or guidance, raising downside risk into the print. Quiver / filings

About ON Semiconductor

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.