onsemi (NASDAQ:ON) Stock Price Expected to Rise, Mizuho Analyst Says

onsemi (NASDAQ:ON) had its target price upped by stock analysts at Mizuho from $130.00 to $150.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the semiconductor company’s stock. Mizuho’s target price suggests a potential upside of 20.11% from the company’s current price.

Several other research analysts also recently weighed in on ON. Craig Hallum reiterated a “hold” rating on shares of onsemi in a research note on Tuesday, February 10th. Susquehanna lifted their target price on onsemi from $100.00 to $120.00 and gave the company a “positive” rating in a research note on Tuesday, May 5th. Robert W. Baird lifted their target price on onsemi from $56.00 to $100.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Barclays lifted their target price on onsemi from $75.00 to $100.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Finally, Roth Mkm reiterated a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $92.00.

onsemi Trading Down 1.7%

NASDAQ:ON opened at $124.89 on Thursday. The stock’s 50 day moving average price is $85.98 and its 200 day moving average price is $68.13. The company has a market capitalization of $48.94 billion, a PE ratio of 88.58, a P/E/G ratio of 1.13 and a beta of 1.94. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41. onsemi has a 52-week low of $41.49 and a 52-week high of $129.13.

onsemi (NASDAQ:ON) last released its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The firm 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 EPS. The firm’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. On average, research analysts anticipate that onsemi will post 3.09 EPS for the current year.

Insider Buying and Selling

In related news, CFO Trent Thad sold 30,000 shares of onsemi stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total value of $2,790,000.00. Following the sale, the chief financial officer directly owned 301,194 shares in the company, valued at $28,011,042. The trade was a 9.06% decrease in their ownership of the stock. The transaction 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. Also, insider Sudhir Gopalswamy sold 6,114 shares of onsemi stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $58.67, for a total value of $358,708.38. Following the completion of the sale, the insider owned 173,943 shares in the company, valued at approximately $10,205,235.81. This trade represents a 3.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 66,114 shares of company stock worth $5,548,708. Company insiders own 0.35% of the company’s stock.

Institutional Trading of onsemi

A number of institutional investors have recently modified their holdings of the business. Janus Henderson Group PLC boosted its stake in shares of onsemi by 10.9% in the first quarter. Janus Henderson Group PLC now owns 13,700,884 shares of the semiconductor company’s stock valued at $848,392,000 after buying an additional 1,345,894 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of onsemi by 7.7% in the second quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock valued at $639,716,000 after buying an additional 877,533 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of onsemi by 8.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 6,363,805 shares of the semiconductor company’s stock valued at $360,828,000 after buying an additional 474,725 shares in the last quarter. Norges Bank purchased a new stake in shares of onsemi in the fourth quarter valued at approximately $330,885,000. Finally, Rafferty Asset Management LLC boosted its stake in shares of onsemi by 55.0% in the second quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after buying an additional 2,072,125 shares in the last quarter. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

Key onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Bank of America raised its price target on onsemi to $138 and maintained a Buy rating, signaling more upside from current levels. Benzinga
• Positive Sentiment: Investors are also buying into a broader semiconductor rally, helped by upbeat AI and chip-sector sentiment that lifted onsemi alongside peers. onsemi (ON) Stock Trades Up, Here Is Why
• Positive Sentiment: Analyst and investor chatter continues to frame onsemi as a play on EVs, renewables, automation and AI data-center power needs, which supports the stock’s elevated valuation. Prediction: Buying ON Semiconductor Stock Today Could Set You Up for Life
• Neutral Sentiment: Recent commentary notes that onsemi’s gains have been driven partly by sympathy with the semiconductor rally rather than a new company-specific announcement, so some of the move may be momentum-driven.
• Negative Sentiment: One analysis argued the stock may be extended after a sharp multi-month run and suggested the rally could be losing momentum, increasing the risk of profit-taking. 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?

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.