ON Semiconductor Corporation (NASDAQ:ON) Receives Average Rating of “Hold” from Analysts

Shares of ON Semiconductor Corporation (NASDAQ:ON) have been given a consensus recommendation of “Hold” by the twenty-eight brokerages that are covering the stock, Marketbeat reports. Fifteen research analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $61.2692.

A number of analysts recently weighed in on ON shares. Bank of America upped their target price on shares of ON Semiconductor from $60.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday. Robert W. Baird increased their price objective on shares of ON Semiconductor from $48.00 to $56.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. TD Cowen reaffirmed a “buy” rating on shares of ON Semiconductor in a research report on Tuesday, November 4th. Stifel Nicolaus boosted their target price on shares of ON Semiconductor from $50.00 to $60.00 and gave the stock a “hold” rating in a research note on Friday, January 16th. Finally, Truist Financial raised their price target on ON Semiconductor from $51.00 to $57.00 and gave the company a “hold” rating in a research note on Friday, December 19th.

ON Semiconductor Stock Up 5.1%

Shares of NASDAQ ON opened at $63.13 on Thursday. The stock has a market cap of $25.40 billion, a P/E ratio of 81.99, a PEG ratio of 2.61 and a beta of 1.55. The business’s fifty day simple moving average is $54.54 and its 200-day simple moving average is $52.72. ON Semiconductor has a 12-month low of $31.04 and a 12-month high of $63.84. The company has a current ratio of 5.23, a quick ratio of 3.54 and a debt-to-equity ratio of 0.43.

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

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

Key ON Semiconductor News

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

• Positive Sentiment: Bank of America raised its price target on ON to $65 (from $60), citing valuation/target upside even as the firm kept a “neutral” stance — the higher target is driving renewed analyst-led interest. Article Title
• Positive Sentiment: Price momentum — ON recently registered a 52‑week high, signaling technical strength that often attracts momentum and ETF flows. On Semiconductor stock hits 52-week high
• Positive Sentiment: Sector tailwinds — fresh coverage on a semiconductor “super cycle” and capacity investments is lifting chip-equipment and device suppliers, supporting demand expectations for ON’s power, analog and automotive products. US chipmakers capitalize on semiconductor ‘super cycle’
• Neutral Sentiment: Recent fundamentals: ON beat consensus on its last reported quarter (EPS and revenue) and provided forward guidance for the next quarter — supportive, but the company is still navigating a revenue decline versus year‑ago levels.
• Negative Sentiment: Valuation and growth risk — ON trades at a high P/E (~82x) and its revenue was down year-over-year; if demand softens or margins compress, the stock could see mean reversion pressure despite current momentum.

Insider Buying and Selling at ON Semiconductor

In related news, CFO Trent Thad sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the completion of the sale, the chief financial officer owned 379,448 shares in the company, valued at $20,888,612.40. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.31% of the company’s stock.

Institutional Trading of ON Semiconductor

Several institutional investors have recently modified their holdings of ON. Aaron Wealth Advisors LLC boosted its holdings in shares of ON Semiconductor by 8.0% in the 4th quarter. Aaron Wealth Advisors LLC now owns 13,666 shares of the semiconductor company’s stock valued at $740,000 after buying an additional 1,011 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in ON Semiconductor in the fourth quarter valued at $47,000. Cromwell Holdings LLC lifted its position in ON Semiconductor by 17.4% in the fourth quarter. Cromwell Holdings LLC now owns 1,312 shares of the semiconductor company’s stock valued at $71,000 after acquiring an additional 194 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in ON Semiconductor by 85.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,277 shares of the semiconductor company’s stock valued at $69,000 after acquiring an additional 590 shares in the last quarter. Finally, Evexia Wealth LLC grew its holdings in shares of ON Semiconductor by 6.4% during the fourth quarter. Evexia Wealth LLC now owns 13,186 shares of the semiconductor company’s stock worth $714,000 after purchasing an additional 788 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

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.