B. Riley Comments on Onsemi's Q2 Earnings (NASDAQ:ON)

Onsemi (NASDAQ:ON - Free Report) - Equities researchers at B. Riley raised their Q2 2025 earnings per share estimates for Onsemi in a note issued to investors on Monday, May 5th. B. Riley analyst C. Ellis now anticipates that the semiconductor company will earn $0.53 per share for the quarter, up from their previous forecast of $0.43. B. Riley currently has a "Neutral" rating and a $41.00 target price on the stock. The consensus estimate for Onsemi's current full-year earnings is $2.60 per share. B. Riley also issued estimates for Onsemi's Q3 2025 earnings at $0.53 EPS, Q4 2025 earnings at $0.54 EPS, FY2025 earnings at $2.15 EPS, Q1 2026 earnings at $0.54 EPS, Q2 2026 earnings at $0.59 EPS, Q3 2026 earnings at $0.68 EPS and Q4 2026 earnings at $0.68 EPS.

Other equities research analysts have also issued research reports about the company. Craig Hallum lowered their price objective on Onsemi from $78.00 to $50.00 and set a "hold" rating for the company in a research note on Tuesday, February 11th. JPMorgan Chase & Co. lowered their price objective on Onsemi from $60.00 to $48.00 and set a "neutral" rating for the company in a research note on Tuesday, May 6th. Mizuho reduced their target price on Onsemi from $71.00 to $62.00 and set an "outperform" rating on the stock in a report on Monday, March 24th. Needham & Company LLC reduced their target price on Onsemi from $57.00 to $50.00 and set a "buy" rating on the stock in a report on Tuesday, May 6th. Finally, Susquehanna reduced their target price on Onsemi from $70.00 to $60.00 and set a "positive" rating on the stock in a report on Tuesday, February 11th. Eleven investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $54.12.

Onsemi Stock Up 9.6%

Shares of NASDAQ ON traded up $3.92 on Wednesday, hitting $44.90. The company had a trading volume of 6,500,048 shares, compared to its average volume of 10,187,345. Onsemi has a 12-month low of $31.04 and a 12-month high of $80.08. The business has a 50 day moving average of $39.72 and a two-hundred day moving average of $53.80. The company has a quick ratio of 3.38, a current ratio of 5.06 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $18.76 billion, a P/E ratio of 12.36, a PEG ratio of 16.74 and a beta of 1.39.

Onsemi (NASDAQ:ON - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The semiconductor company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.51 by $0.04. Onsemi had a return on equity of 20.10% and a net margin of 22.21%. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period in the prior year, the firm posted $1.08 earnings per share. The firm's revenue was down 22.4% on a year-over-year basis.

Hedge Funds Weigh In On Onsemi

Hedge funds have recently modified their holdings of the company. Elequin Capital LP increased its position in shares of Onsemi by 108.3% during the 4th 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 period. Costello Asset Management INC acquired a new position in shares of Onsemi during the 1st quarter valued at $26,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Onsemi during the 4th quarter valued at $41,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Onsemi during the 4th quarter valued at $43,000. Finally, Golden State Wealth Management LLC grew its holdings in shares of Onsemi by 83.3% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company's stock worth $29,000 after acquiring an additional 320 shares during the last quarter. 97.70% of the stock is currently 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.