FY2025 Earnings Forecast for ON Issued By Cantor Fitzgerald

ON Semiconductor Corporation (NASDAQ:ON) – Stock analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for ON Semiconductor in a research report issued to clients and investors on Wednesday, June 18th. Cantor Fitzgerald analyst M. Prisco expects that the semiconductor company will earn $2.30 per share for the year. Cantor Fitzgerald currently has a “Neutral” rating and a $55.00 target price on the stock. The consensus estimate for ON Semiconductor’s current full-year earnings is $2.60 per share. Cantor Fitzgerald also issued estimates for ON Semiconductor’s FY2026 earnings at $3.25 EPS.

ON Semiconductor (NASDAQ:ON) last released its earnings results on Monday, May 5th. The semiconductor company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.04. The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.40 billion. ON Semiconductor had a return on equity of 17.40% and a net margin of 9.51%. The company’s revenue was down 22.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.08 EPS.

A number of other analysts also recently issued reports on ON. Robert W. Baird lowered their price objective on shares of ON Semiconductor from $42.00 to $34.00 and set a “neutral” rating on the stock in a report on Tuesday, May 6th. UBS Group decreased their target price on shares of ON Semiconductor from $55.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, April 29th. Loop Capital lowered their price target on shares of ON Semiconductor from $65.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, May 6th. Needham & Company LLC reduced their price objective on shares of ON Semiconductor from $57.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, May 6th. Finally, Rosenblatt Securities restated a “neutral” rating and issued a $42.00 price objective on shares of ON Semiconductor in a report on Tuesday, May 6th. Thirteen equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $55.62.

ON Semiconductor Trading Up 0.7%

NASDAQ ON opened at $53.17 on Monday. ON Semiconductor has a 52 week low of $31.04 and a 52 week high of $80.08. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.32 and a current ratio of 4.95. The stock’s 50 day moving average price is $43.88 and its two-hundred day moving average price is $48.96. The stock has a market capitalization of $22.22 billion, a price-to-earnings ratio of 36.92, a PEG ratio of 4.31 and a beta of 1.39.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank bought a new stake in ON Semiconductor in the 4th quarter valued at $378,312,000. Baillie Gifford & Co. acquired a new stake in shares of ON Semiconductor during the first quarter worth $219,001,000. Pacer Advisors Inc. boosted its position in shares of ON Semiconductor by 2,735.5% in the first quarter. Pacer Advisors Inc. now owns 2,146,221 shares of the semiconductor company’s stock valued at $87,330,000 after acquiring an additional 2,070,529 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of ON Semiconductor by 26.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 5,061,245 shares of the semiconductor company’s stock valued at $203,462,000 after acquiring an additional 1,055,461 shares in the last quarter. Finally, Janus Henderson Group PLC grew its stake in shares of ON Semiconductor by 9.2% in the fourth quarter. Janus Henderson Group PLC now owns 12,377,264 shares of the semiconductor company’s stock valued at $780,387,000 after acquiring an additional 1,041,989 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

ON Semiconductor 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.