onsemi (NASDAQ:ON) Receives Average Recommendation of “Hold” from Brokerages

Shares of onsemi (NASDAQ:ON) have received a consensus rating of “Hold” from the twenty-nine ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and fourteen have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $102.64.

Several brokerages recently issued reports on ON. Bank of America lifted their price target on shares of onsemi from $115.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Robert W. Baird boosted their price objective on onsemi from $56.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Cantor Fitzgerald lifted their price target on onsemi from $100.00 to $110.00 and gave the company a “neutral” rating in a research note on Monday, June 29th. Wells Fargo & Company upped their price objective on onsemi from $115.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, June 9th. Finally, Truist Financial reaffirmed a “hold” rating and issued a $101.00 price objective (up from $66.00) on shares of onsemi in a research note on Tuesday, May 5th.

onsemi Stock Performance

NASDAQ:ON opened at $92.54 on Thursday. onsemi has a twelve month low of $44.56 and a twelve month high of $134.92. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41. The stock’s 50-day simple moving average is $110.47 and its 200 day simple moving average is $82.47. The firm has a market capitalization of $36.27 billion, a PE ratio of 65.63, a price-to-earnings-growth ratio of 0.83 and a beta of 2.01.

onsemi (NASDAQ:ON) last issued its earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.49 billion. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.55 earnings per share. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, analysts anticipate that onsemi will post 3.1 EPS for the current fiscal year.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Several recent notes highlighted onsemi’s improving earnings outlook, with KeyCorp lifting estimates for FY2026 and FY2027 above consensus, reinforcing the view that the company can continue to outperform on profits. onsemi analyst estimate updates
• Positive Sentiment: Additional coverage argued that ON Semiconductor’s upside may be supported by rising power demand tied to AI and data-center growth, which could benefit its power-management and sensing businesses. Rising Power Demand Fuels ON Semiconductor’s Upside
• Neutral Sentiment: Analysts also pointed to onsemi’s strong history of earnings beats and said the stock still has a credible case for another surprise, which supports the bullish long-term narrative but does not by itself change today’s trading. Can ON Semiconductor Corp. Keep the Earnings Surprise Streak Alive?
• Neutral Sentiment: The company also tied into broader AI-hardware interest through an educational release with Mouser about power and sensing technologies for next-generation AI systems, which is supportive thematically but not a direct financial catalyst. Mouser and onsemi eBook
• Negative Sentiment: A Pomerantz LLP investor alert announced a claims investigation on behalf of ON investors, adding a legal overhang that can pressure sentiment in the near term. Investor alert on ON Semiconductor

Insiders Place Their Bets

In other onsemi news, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction that occurred on 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 directly owned 301,194 shares in the company, valued at approximately $28,011,042. This represents a 9.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is owned by insiders.

Hedge Funds Weigh In On onsemi

A number of hedge funds have recently modified their holdings of the business. Norges Bank bought a new stake in shares of onsemi in the fourth quarter worth $330,885,000. Two Sigma Investments LP raised its position in onsemi by 636.1% during the 3rd quarter. Two Sigma Investments LP now owns 3,749,751 shares of the semiconductor company’s stock worth $184,900,000 after purchasing an additional 3,240,375 shares during the last quarter. Rafferty Asset Management LLC lifted its holdings in onsemi by 55.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock worth $305,943,000 after buying an additional 2,072,125 shares during the period. Marshall Wace LLP lifted its holdings in onsemi by 23,784.8% during the 4th quarter. Marshall Wace LLP now owns 1,716,122 shares of the semiconductor company’s stock worth $92,928,000 after buying an additional 1,708,937 shares during the period. Finally, Alliancebernstein L.P. grew its position in shares of 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 buying an additional 1,523,866 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

About onsemi

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.