Research Analysts Offer Predictions for ON FY2025 Earnings

Key Points

• William Blair has reduced their FY2025 earnings estimate for ON Semiconductor to $2.30 per share, down from $2.35, while the current consensus estimate remains at $2.60 per share.
• ON Semiconductor reported earnings of $0.53 per share for the last quarter, missing the consensus estimate by $0.01, and experienced a 15.4% year-over-year revenue decline.
• Multiple analysts have downgraded their target prices for ON Semiconductor, with the average price target now at $56.84, reflecting a consensus rating of "Hold" from a majority of analysts.

ON Semiconductor Corporation (NASDAQ:ON - Free Report) - William Blair reduced their FY2025 earnings per share (EPS) estimates for shares of ON Semiconductor in a research note issued on Tuesday, August 5th. William Blair analyst J. Dorsheimer now anticipates that the semiconductor company will earn $2.30 per share for the year, down from their prior estimate of $2.35. The consensus estimate for ON Semiconductor's current full-year earnings is $2.60 per share. William Blair also issued estimates for ON Semiconductor's Q4 2025 earnings at $0.61 EPS.

Several other equities analysts have also issued reports on the company. Cantor Fitzgerald started coverage on ON Semiconductor in a report on Wednesday, June 18th. They issued a "neutral" rating and a $55.00 target price for the company. KGI Securities initiated coverage on ON Semiconductor in a research report on Friday, May 23rd. They set a "neutral" rating for the company. Mizuho boosted their price target on shares of ON Semiconductor from $60.00 to $72.00 and gave the stock an "outperform" rating in a report on Thursday, June 26th. Morgan Stanley began coverage on shares of ON Semiconductor in a research report on Monday, May 12th. They set an "equal weight" rating and a $39.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price objective on shares of ON Semiconductor from $48.00 to $56.00 and gave the stock a "neutral" rating in a research report on Tuesday. Fifteen research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, ON Semiconductor presently has an average rating of "Hold" and a consensus target price of $56.84.

ON Semiconductor Stock Up 1.3%

NASDAQ:ON traded up $0.61 on Wednesday, hitting $47.59. The stock had a trading volume of 9,866,399 shares, compared to its average volume of 10,746,045. ON Semiconductor has a 1 year low of $31.04 and a 1 year high of $78.61. The firm's fifty day simple moving average is $54.22 and its two-hundred day simple moving average is $47.65. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.32 and a current ratio of 5.02. The stock has a market cap of $19.46 billion, a P/E ratio of 44.48, a price-to-earnings-growth ratio of 2.37 and a beta of 1.45.

ON Semiconductor (NASDAQ:ON - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by ($0.01). ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the previous year, the business earned $0.96 earnings per share. The firm's revenue for the quarter was down 15.4% on a year-over-year basis.

Hedge Funds Weigh In On ON Semiconductor

Hedge funds have recently bought and sold shares of the company. Costello Asset Management INC purchased a new stake in shares of ON Semiconductor in the 1st quarter valued at about $26,000. Golden State Wealth Management LLC increased its position in shares of ON Semiconductor by 83.3% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 320 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new stake in ON Semiconductor in the second quarter valued at approximately $29,000. Elequin Capital LP lifted its position in ON Semiconductor by 108.3% during the fourth quarter. Elequin Capital LP now owns 527 shares of the semiconductor company's stock valued at $33,000 after purchasing an additional 274 shares during the last quarter. Finally, Opal Wealth Advisors LLC purchased a new position in ON Semiconductor in the 1st quarter worth approximately $41,000. Hedge funds and other institutional investors 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.