ON Semiconductor’s (ON) Neutral Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald restated their neutral rating on shares of ON Semiconductor (NASDAQ:ON) in a report published on Tuesday,Benzinga reports. The brokerage currently has a $60.00 price target on the semiconductor company’s stock.

Several other analysts have also issued reports on the stock. Benchmark lowered shares of ON Semiconductor from a “buy” rating to a “hold” rating in a research report on Tuesday. Weiss Ratings cut ON Semiconductor from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, January 30th. Stifel Nicolaus boosted their price objective on ON Semiconductor from $50.00 to $60.00 and gave the stock a “hold” rating in a research note on Friday, January 16th. Piper Sandler raised their target price on ON Semiconductor from $65.00 to $75.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Cfra reiterated a “buy” rating and set a $64.00 price target on shares of ON Semiconductor in a research report on Tuesday, November 4th. Twelve investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $64.19.

ON Semiconductor Stock Down 0.8%

Shares of ON opened at $70.63 on Tuesday. The firm has a market cap of $27.83 billion, a P/E ratio of 207.74, a PEG ratio of 0.76 and a beta of 1.56. ON Semiconductor has a 12 month low of $31.04 and a 12 month high of $73.63. The stock’s 50 day moving average is $59.30 and its two-hundred day moving average is $53.32. The company has a current ratio of 4.52, a quick ratio of 3.54 and a debt-to-equity ratio of 0.39.

ON Semiconductor (NASDAQ:ON) last announced its earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.54 billion. ON Semiconductor had a return on equity of 12.22% and a net margin of 2.02%.The business’s revenue was down 11.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.95 EPS. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. Analysts predict that ON Semiconductor will post 2.6 earnings per share for the current fiscal year.

ON Semiconductor declared that its Board of Directors has authorized a stock buyback program on Tuesday, November 18th that authorizes the company to buyback $6.00 billion in outstanding shares. This buyback authorization authorizes the semiconductor company to purchase up to 32.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at ON Semiconductor

In other ON Semiconductor news, CEO Hassane El-Khoury sold 20,000 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $73.02, for a total value of $1,460,400.00. Following the completion of the sale, the chief executive officer directly owned 1,015,610 shares in the company, valued at $74,159,842.20. This represents a 1.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Trent Thad sold 60,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $71.22, for a total value of $4,273,200.00. Following the completion of the sale, the chief financial officer directly owned 339,460 shares of the company’s stock, valued at $24,176,341.20. This trade represents a 15.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 100,000 shares of company stock valued at $6,834,600. Insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On ON Semiconductor

A number of hedge funds have recently modified their holdings of ON. Root Financial Partners LLC raised its stake in ON Semiconductor by 42.1% during the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 149 shares during the period. Deseret Mutual Benefit Administrators grew its stake in shares of ON Semiconductor by 28.2% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 160 shares during the period. Parallel Advisors LLC increased its holdings in shares of ON Semiconductor by 3.3% during the 4th quarter. Parallel Advisors LLC now owns 5,847 shares of the semiconductor company’s stock worth $317,000 after buying an additional 189 shares during the last quarter. Cromwell Holdings LLC raised its position 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 valued at $71,000 after buying an additional 194 shares during the period. Finally, Freedom Investment Management Inc. lifted its holdings in ON Semiconductor by 2.6% in the second quarter. Freedom Investment Management Inc. now owns 7,853 shares of the semiconductor company’s stock valued at $412,000 after acquiring an additional 196 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

More ON Semiconductor News

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

• Positive Sentiment: Q4 results, record free cash flow and a large buyback program underpin the bullish case — management beat EPS expectations, highlighted record FCF and the board authorized an additional $6 billion in buybacks (supporting share returns and potential supply reduction). Onsemi Is Near a Breakout—And Free Cash Flow Could Fuel It
• Positive Sentiment: Several analyst houses raised targets or reiterated conviction after the quarter (JPMorgan, Truist, Rosenblatt raised targets), which can attract momentum buyers and institutional support. JPMorgan Increases ON Semiconductor Price Target to $70
• Neutral Sentiment: Barclays initiated coverage with an Equalweight rating — a neutral institutional entry that adds liquidity/coverage but doesn’t signal strong directional conviction. Barclays initiates ON Semiconductor coverage
• Neutral Sentiment: Analyst commentary is mixed overall — some price-target raises and upbeat takeaways on recovery and margins, while a handful of shops trimmed ratings/targets. That creates two-sided analyst flow and keeps the story market-sensitive. Seeking Alpha: ON Semiconductor – Reiterate Buy Upon Correction
• Negative Sentiment: Insider selling by top executives: CFO Trent Thad sold 60,000 shares (~$4.27M) and CEO Hassane El‑Khoury sold 20,000 shares (~$1.46M) this week — sizable insider disposals can signal personal liquidity or reduce near-term conviction and may pressure sentiment. CFO Trent Thad SEC filing CEO Hassane El‑Khoury SEC filing
• Negative Sentiment: Top-line pressure and risk disclosures remain: revenue is still below year-ago levels and management flagged strategic/legal/cyber risks related to AI integration — these keep execution risk elevated while the market awaits durable revenue recovery. Q4 2025 earnings call transcript

ON Semiconductor Company Profile

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.