onsemi (NASDAQ:ON) Receives $91.23 Average PT from Analysts

Shares of onsemi (NASDAQ:ON) have earned a consensus recommendation of “Moderate Buy” from the thirty brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $92.00.

ON has been the topic of a number of research analyst reports. TD Cowen boosted their target price on onsemi from $80.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Truist Financial reiterated a “hold” rating and set a $101.00 target price (up from $66.00) on shares of onsemi in a research report on Tuesday, May 5th. Roth Mkm reiterated a “buy” rating on shares of onsemi in a research report on Tuesday, May 5th. Cantor Fitzgerald upped their price objective on onsemi from $95.00 to $100.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Finally, Morgan Stanley upped their price objective on onsemi from $85.00 to $87.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th.

onsemi Stock Down 2.5%

ON opened at $120.62 on Wednesday. The business’s fifty day moving average is $88.44 and its two-hundred day moving average is $69.03. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87. The company has a market cap of $47.27 billion, a price-to-earnings ratio of 85.55, a PEG ratio of 1.10 and a beta of 1.94. onsemi has a one year low of $41.49 and a one year high of $129.13.

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

Insider Buying and Selling at onsemi

In other news, insider Sudhir Gopalswamy sold 6,114 shares of the company’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $58.67, for a total value of $358,708.38. Following the sale, the insider directly owned 173,943 shares in the company, valued at $10,205,235.81. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Trent Thad sold 30,000 shares of the company’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 completion of the sale, the chief financial officer owned 301,194 shares in the company, valued at $28,011,042. This represents a 9.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 66,114 shares of company stock worth $5,548,708 over the last 90 days. Company insiders own 0.35% of the company’s stock.

Institutional Trading of onsemi

Several institutional investors and hedge funds have recently made changes to their positions in ON. AQR Capital Management LLC lifted its position in shares of onsemi by 187.9% in the first quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company’s stock valued at $4,863,000 after acquiring an additional 79,206 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in onsemi by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock valued at $54,000 after purchasing an additional 507 shares during the last quarter. Brown Advisory Inc. acquired a new position in onsemi in the second quarter valued at $201,000. Cresset Asset Management LLC increased its stake in onsemi by 24.8% in the second quarter. Cresset Asset Management LLC now owns 10,137 shares of the semiconductor company’s stock valued at $531,000 after purchasing an additional 2,016 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in onsemi by 108.0% in the second quarter. Cerity Partners LLC now owns 31,646 shares of the semiconductor company’s stock valued at $1,659,000 after purchasing an additional 16,435 shares during the last quarter. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Recent analyst coverage has stayed constructive, with Mizuho raising its price target on onsemi to $150 and maintaining an outperform rating, implying meaningful upside from current levels.
• Positive Sentiment: Several recent articles highlighted onsemi as a potential beneficiary of the AI and power-management semiconductor cycle, with commentary pointing to improving gross margins and stronger utilization from its Fab Right strategy.
• Positive Sentiment: A new leveraged ETF launch tied to onsemi also signals rising trading interest and broader speculation around the name.
• Neutral Sentiment: Onsemi’s latest earnings were solid, with revenue and EPS both slightly ahead of expectations and Q2 guidance calling for continued growth, but the report is not fresh enough to be the day’s main stock-moving event.
• Neutral Sentiment: A short-interest update showed essentially no meaningful short interest, so the move does not appear to be driven by a squeeze or bearish positioning change.
• Neutral Sentiment: Recent stock commentary from third-party outlets has been largely thematic, focusing on AI semiconductor demand rather than a new fundamental development at onsemi.

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.