Cantor Fitzgerald Lowers onsemi (NASDAQ:ON) Price Target to $90.00

Key Points

• Cantor Fitzgerald lowered onsemi’s price target from $110 to $90 while maintaining a “neutral” rating, though the new target still implies roughly 35% upside from the prior close.
• onsemi shares opened at $66.60 after falling 9%, while analyst sentiment remained mixed-to-positive: the stock carries a “Moderate Buy” consensus rating and an average price target of $95.64.
• The company reported quarterly EPS of $0.74, exceeding estimates of $0.72, with revenue rising 9.2% year over year to $1.60 billion. Separately, onsemi launched its Embedded Power Platform and secured Subaru as an early technology-evaluation partner for future electric vehicles.

onsemi (NASDAQ:ON - Get Free Report) had its price target dropped by Cantor Fitzgerald from $110.00 to $90.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has a "neutral" rating on the semiconductor company's stock. Cantor Fitzgerald's price objective would suggest a potential upside of 35.14% from the company's previous close.

Several other analysts also recently commented on ON. Needham & Company LLC cut their price objective on shares of onsemi from $130.00 to $116.00 and set a "buy" rating on the stock in a research report on Tuesday, August 4th. Stifel Nicolaus upped their target price on shares of onsemi from $90.00 to $107.00 and gave the stock a "hold" rating in a research note on Wednesday, June 24th. Evercore reiterated an "outperform" rating and set a $137.00 price target on shares of onsemi in a report on Friday, June 26th. Citigroup reduced their price target on shares of onsemi from $120.00 to $98.00 and set a "neutral" rating for the company in a research report on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of onsemi from a "sell (d+)" rating to a "hold (c)" rating in a report on Friday, August 7th. Fifteen research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $95.64.

onsemi Trading Down 9.0%

onsemi stock opened at $66.60 on Thursday. The company has a current ratio of 3.46, a quick ratio of 2.49 and a debt-to-equity ratio of 0.51. The business's fifty day simple moving average is $80.23 and its two-hundred day simple moving average is $87.41. onsemi has a 12 month low of $44.56 and a 12 month high of $134.92. The company has a market capitalization of $25.93 billion, a price-to-earnings ratio of 42.69, a price-to-earnings-growth ratio of 0.60 and a beta of 2.00.

onsemi (NASDAQ:ON - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.02. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. onsemi had a return on equity of 14.06% and a net margin of 10.17%.The company's revenue was up 9.2% on a year-over-year basis. During the same period last year, the company earned $0.53 earnings per share. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. As a group, equities analysts predict that onsemi will post 3.23 earnings per share for the current fiscal year.

Institutional Trading of onsemi

A number of institutional investors have recently made changes to their positions in the stock. Root Financial Partners LLC grew its holdings in onsemi by 42.1% during the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 149 shares during the period. SHP Wealth Management bought a new position in shares of onsemi in the fourth quarter worth about $32,000. Ascentis Independent Advisors purchased a new position in shares of onsemi during the 1st quarter valued at about $36,000. Deseret Mutual Benefit Administrators lifted its position in shares of onsemi by 28.2% during 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 in the last quarter. Finally, Clearstead Advisors LLC grew its stake in shares of onsemi by 180.4% during the 4th quarter. Clearstead Advisors LLC now owns 1,113 shares of the semiconductor company's stock valued at $60,000 after acquiring an additional 716 shares during the period. 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: onsemi launched its Embedded Power Platform (EPP), which integrates silicon, silicon carbide and gallium nitride devices in a wafer-level package. The company says the architecture could deliver three to five times higher power density, lower power losses and faster development for AI data centers, electric vehicles and industrial systems. onsemi Introduces the Embedded Power Platform
• Positive Sentiment: Subaru entered a strategic technology engagement to evaluate EPP for future electrified vehicles, giving onsemi an early design partner and potential validation for its automotive strategy. Sampling is expected to begin in 2026. Subaru to Evaluate onsemi’s Embedded Power Platform
• Neutral Sentiment: Management outlined a potential $213 billion addressable market by 2030 across automotive, industrial, AI data centers and automation, with a strategy centered on higher-value system solutions rather than individual components. However, the opportunity remains long term and forward-looking, with limited evidence yet of customer revenue, production commitments or financial targets. onsemi Charts Path to Power the Next Decade of Innovation
• Negative Sentiment: Investors appeared disappointed that Investor Day emphasized ambitious technology and market projections rather than immediate earnings growth, concrete customer commitments or detailed financial milestones. The reaction suggests the market wanted clearer proof that EPP can translate into near-term revenue and margin expansion.

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.

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