onsemi (NASDAQ:ON) Receives Consensus Rating of “Moderate Buy” from Analysts

onsemi (NASDAQ:ON) has been given a consensus recommendation of “Moderate Buy” by the thirty ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $91.2308.

ON has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of onsemi in a research report on Tuesday, May 5th. Jefferies Financial Group increased their price target on shares of onsemi from $73.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Morgan Stanley increased their price target on shares of onsemi from $85.00 to $87.00 and gave the company an “equal weight” rating in a report on Tuesday, May 5th. Cantor Fitzgerald increased their price target on shares of onsemi from $95.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Finally, KeyCorp increased their price target on shares of onsemi from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th.

onsemi Stock Up 9.3%

Shares of onsemi stock opened at $127.00 on Wednesday. The company has a market cap of $49.77 billion, a P/E ratio of 90.07, a PEG ratio of 1.03 and a beta of 1.94. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87. onsemi has a one year low of $41.49 and a one year high of $129.13. The firm has a fifty day moving average of $84.68 and a two-hundred day moving average of $67.59.

onsemi (NASDAQ:ON) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. onsemi’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, analysts forecast that onsemi will post 3.09 earnings per share for the current year.

Insider Transactions at onsemi

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

Hedge Funds Weigh In On onsemi

A number of large investors have recently made changes to their positions in ON. Norges Bank purchased a new position in shares of onsemi in the 4th quarter valued at about $330,885,000. Two Sigma Investments LP grew its stake in onsemi by 636.1% in the 3rd quarter. Two Sigma Investments LP now owns 3,749,751 shares of the semiconductor company’s stock valued at $184,900,000 after acquiring an additional 3,240,375 shares during the last quarter. Rafferty Asset Management LLC grew its stake in onsemi by 55.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after acquiring an additional 2,072,125 shares during the last quarter. Marshall Wace LLP grew its stake in onsemi by 23,784.8% in the 4th quarter. Marshall Wace LLP now owns 1,716,122 shares of the semiconductor company’s stock valued at $92,928,000 after acquiring an additional 1,708,937 shares during the last quarter. Finally, Alliancebernstein L.P. grew its stake in onsemi by 312.8% in the 2nd quarter. Alliancebernstein L.P. now owns 2,011,077 shares of the semiconductor company’s stock valued at $105,401,000 after acquiring an additional 1,523,866 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Bank of America lifted its price target on onsemi to $138 and reiterated a Buy rating, signaling higher upside expectations. Bank of America Raises ON Semiconductor Price Target
• Positive Sentiment: The semiconductor sector is rallying broadly, helping lift onsemi alongside peers as investors rotate into chip stocks. onsemi Stock Trades Up, Here Is Why
• Positive Sentiment: Recent coverage also highlighted onsemi as a potential beneficiary of continued strength in analog chips and EV-related silicon carbide demand. 1 S&P 500 Stock on Our Buy List and 2 We Question

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.