onsemi (NASDAQ:ON) Stock Has Average Price Target of $92.68

Key Points

• Analyst consensus is “Moderate Buy” among 31 analysts, with 14 buy ratings, 16 holds, and one strong buy. The average 12-month price target is $92.68 versus the referenced share price of $72.25.
• onsemi’s silicon-carbide technology was selected for Sungrow’s PowerTitan 3.0 energy-storage platform, strengthening its position in battery storage and power-efficiency markets. However, several analysts have lowered price targets, signaling more cautious expectations for semiconductor demand and recovery.
• The company recently exceeded quarterly expectations, reporting $0.74 in EPS versus $0.72 expected and $1.60 billion in revenue versus $1.59 billion estimated; revenue rose 9.2% year over year.

onsemi (NASDAQ:ON - Get Free Report) has been given an average rating of "Moderate Buy" by the thirty-one analysts that are covering the firm, MarketBeat.com reports. Sixteen equities research analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $92.68.

Several brokerages have recently weighed in on ON. Evercore restated an "outperform" rating and set a $137.00 price objective on shares of onsemi in a research report on Friday, June 26th. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $62.00 target price on shares of onsemi in a research report on Wednesday, August 12th. Mizuho cut their price target on shares of onsemi from $110.00 to $95.00 and set an "outperform" rating on the stock in a research note on Thursday, September 17th. Stifel Nicolaus boosted their price target on shares of onsemi from $75.00 to $80.00 and gave the company a "hold" rating in a research report on Monday, October 5th. Finally, B. Riley Financial decreased their price objective on shares of onsemi from $127.00 to $105.00 and set a "buy" rating for the company in a research note on Thursday.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi’s silicon-carbide technology was selected by Sungrow for its PowerTitan 3.0 utility-scale energy-storage platform, supporting power-conversion systems of up to 450 kW. The win strengthens onsemi’s position in the growing battery-storage and power-efficiency markets. Can Analyst Optimism Change The Bull Case For ON Semiconductor
• Positive Sentiment: B. Riley maintained a “Buy” rating while lowering its price target from $127 to $105. Although the reduction signals more conservative expectations, the revised target still implies substantial upside from the stock’s referenced price. B. Riley Stock Recommendations
• Neutral Sentiment: Recent product announcements featuring onsemi image sensors, including the AR0521 and AR0234, indicate ongoing use of the company’s components in surveillance and pedestrian-safety cameras, but the releases do not provide material details on revenue or order size. Vadzo Imaging Positions Falcon-521CRS
• Negative Sentiment: Analyst target reductions—including B. Riley’s cut and a separate TD Cowen reduction—are weighing on sentiment by implying that the recovery outlook and near-term semiconductor demand may be weaker than previously expected. onsemi Stock Gets Price Target Reduction from TD Cowen

onsemi Price Performance

onsemi stock opened at $72.25 on Friday. The stock has a market cap of $28.13 billion, a P/E ratio of 46.31, a price-to-earnings-growth ratio of 0.60 and a beta of 2.05. The company has a fifty day simple moving average of $75.02 and a 200-day simple moving average of $90.13. onsemi has a 12-month low of $44.56 and a 12-month high of $134.92. The company has a current ratio of 3.46, a quick ratio of 2.49 and a debt-to-equity ratio of 0.51.

onsemi (NASDAQ:ON - Get Free Report) last issued its earnings results on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.02. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. onsemi had a return on equity of 14.06% and a net margin of 10.17%. The business's quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the company earned $0.53 EPS. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Equities analysts expect that onsemi will post 3.21 EPS for the current fiscal year.

Insider Activity at onsemi

In other news, insider Sudhir Gopalswamy sold 15,578 shares of the business's stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $80.00, for a total value of $1,246,240.00. Following the completion of the sale, the insider directly owned 158,177 shares of the company's stock, valued at approximately $12,654,160. The trade was a 8.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.35% of the company's stock.

Institutional Investors Weigh In On onsemi

Several large investors have recently modified their holdings of ON. Ascentis Independent Advisors acquired a new position in shares of onsemi in the 1st quarter valued at $36,000. Ninety One UK Ltd purchased a new stake in onsemi in the 3rd quarter valued at $36,000. Root Financial Partners LLC boosted its stake in onsemi by 39.4% during the 1st quarter. Root Financial Partners LLC now owns 701 shares of the semiconductor company's stock worth $43,000 after purchasing an additional 198 shares during the period. Compass Financial Management LLC acquired a new stake in onsemi during the 2nd quarter worth $67,000. Finally, IFP Advisors Inc boosted its stake in onsemi by 74.1% during the 2nd quarter. IFP Advisors Inc now owns 1,327 shares of the semiconductor company's stock worth $125,000 after purchasing an additional 565 shares during the period. 97.70% of the stock is owned by institutional investors and hedge funds.

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.

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