ON Semiconductor Corporation (NASDAQ:ON) Receives Consensus Recommendation of “Hold” from Analysts

Shares of ON Semiconductor Corporation (NASDAQ:ON) have earned an average rating of “Hold” from the thirty ratings firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, seventeen have given a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $64.1923.

ON has been the subject of a number of research reports. Mizuho reduced their price objective on ON Semiconductor from $72.00 to $70.00 and set an “outperform” rating for the company in a research note on Tuesday, February 10th. JPMorgan Chase & Co. lifted their target price on shares of ON Semiconductor from $56.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. TD Cowen reiterated a “buy” rating on shares of ON Semiconductor in a research report on Tuesday, February 10th. Morgan Stanley increased their price target on shares of ON Semiconductor from $55.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Monday, November 24th. Finally, Evercore restated an “outperform” rating on shares of ON Semiconductor in a research note on Wednesday, January 7th.

ON Semiconductor Stock Up 2.2%

ON stock opened at $72.21 on Monday. The stock has a market cap of $28.45 billion, a P/E ratio of 212.39, a PEG ratio of 0.77 and a beta of 1.56. The company has a current ratio of 4.52, a quick ratio of 2.98 and a debt-to-equity ratio of 0.39. ON Semiconductor has a twelve month low of $31.04 and a twelve month high of $73.63. The company’s 50 day moving average is $59.65 and its two-hundred day moving average is $53.35.

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

ON Semiconductor declared that its board has initiated a share 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 buy up to 32.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Key Stories Impacting ON Semiconductor

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

• Positive Sentiment: Q4 results beat EPS expectations, management highlighted record free cash flow and the board authorized an incremental $6.0B repurchase program — a structural support for the share price and a likely driver of momentum buying. Onsemi Is Near a Breakout—And Free Cash Flow Could Fuel It
• Positive Sentiment: Several analysts raised targets or issued supportive notes after the quarter (JPMorgan, Truist, Rosenblatt among others), which can attract institutional buying and underpin upside. JPMorgan Increases ON Semiconductor Price Target to $70
• Neutral Sentiment: Barclays initiated coverage with an Equal‑weight rating — increases coverage/liquidity but is not a directional endorsement. Barclays initiates ON Semiconductor coverage
• Neutral Sentiment: Analyst views are mixed overall (some raises, some trims) — that produces two‑way flows and makes the stock sensitive to near‑term execution updates. Seeking Alpha: ON Semiconductor – Reiterate Buy Upon Correction
• Negative Sentiment: Insider selling by senior executives this week — CEO Hassane El‑Khoury and CFO Trent Thad sold sizable blocks (20k and 60k shares respectively). Large insider disposals can weigh on sentiment and prompt short‑term selling. ON Semiconductor CEO Hassane El‑Khoury Sells 20,000 Shares
• Negative Sentiment: Top‑line remains pressured: revenue declined year‑over‑year and management flagged execution/market risks — investors will be watching whether revenue recovery accelerates to justify the current premium valuation. Q4 2025 earnings call transcript

Insider Activity

In related news, CEO Hassane El-Khoury sold 20,000 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $73.02, for a total transaction of $1,460,400.00. Following the completion of the sale, the chief executive officer directly owned 1,015,610 shares of the company’s stock, valued at $74,159,842.20. This trade represents a 1.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Trent Thad sold 60,000 shares of ON Semiconductor stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $71.22, for a total transaction of $4,273,200.00. Following the completion of the transaction, the chief financial officer owned 339,460 shares in the company, valued at approximately $24,176,341.20. This trade represents a 15.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 100,000 shares of company stock worth $6,834,600 in the last 90 days. 0.31% of the stock is currently owned by insiders.

Institutional Trading of ON Semiconductor

Hedge funds and other institutional investors have recently made changes to their positions in the company. Private Trust Co. NA lifted its position in ON Semiconductor by 72.8% in the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 220 shares during the period. CVA Family Office LLC raised its stake in shares of ON Semiconductor by 83.7% during the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock worth $26,000 after buying an additional 215 shares in the last quarter. Root Financial Partners LLC raised its stake in shares of ON Semiconductor by 42.1% during the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after buying an additional 149 shares in the last quarter. Quent Capital LLC acquired a new stake in shares of ON Semiconductor in the 3rd quarter valued at approximately $28,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of ON Semiconductor by 68.7% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 235 shares in the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

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.