onsemi (NASDAQ:ON) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Analyst sentiment is mixed: Twenty-nine brokerages rate onsemi “Hold” on average, with 15 hold ratings and 14 buys. The average 12-month price target is $100.63, though recent targets and ratings vary widely.
• onsemi exceeded quarterly expectations, reporting $0.74 in adjusted EPS versus a $0.72 estimate and $1.60 billion in revenue versus $1.59 billion expected. Revenue increased 9.2% year over year, and third-quarter EPS guidance is $0.81–$0.93.
• The stock opened at $81.17, below its 50-day average of $100.70, while institutional investors own 97.7% of shares. Longer-term optimism centers on growth in physical AI, robotics, sensing and power-management markets, but analysts remain concerned about softer automotive and industrial demand.

Shares of onsemi (NASDAQ:ON - Get Free Report) have been given a consensus recommendation of "Hold" by the twenty-nine research firms that are covering the firm, MarketBeat.com reports. Fifteen analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $100.6250.

ON has been the topic of several recent research reports. B. Riley Financial lowered their target price on onsemi from $135.00 to $127.00 and set a "buy" rating on the stock in a report on Tuesday, August 4th. JPMorgan Chase & Co. boosted their price objective on onsemi from $70.00 to $100.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 5th. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $110.00 target price on shares of onsemi in a research note on Friday, July 31st. Morgan Stanley upped their price objective on shares of onsemi from $85.00 to $87.00 and gave the company an "equal weight" rating in a report on Tuesday, May 5th. Finally, Barclays lifted their target price on shares of onsemi from $75.00 to $100.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 6th.

onsemi Price Performance

onsemi stock opened at $81.17 on Monday. The company has a fifty day simple moving average of $100.70 and a 200-day simple moving average of $85.60. The firm has a market capitalization of $31.60 billion, a price-to-earnings ratio of 52.03, a PEG ratio of 0.67 and a beta of 2.03. The company has a quick ratio of 2.49, a current ratio of 3.46 and a debt-to-equity ratio of 0.51. onsemi has a 52-week low of $44.56 and a 52-week high of $134.92.

onsemi (NASDAQ:ON - Get Free Report) last posted its quarterly 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 firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The company's revenue for the quarter was up 9.2% on a year-over-year basis. During the same period last year, the firm posted $0.53 earnings per share. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, equities analysts anticipate that onsemi will post 3.23 EPS for the current fiscal year.

Institutional Trading of onsemi

Institutional investors have recently made changes to their positions in the company. Pictet Asset Management Holding SA grew its holdings in shares of onsemi by 38.8% during the 4th quarter. Pictet Asset Management Holding SA now owns 3,981,981 shares of the semiconductor company's stock worth $215,624,000 after purchasing an additional 1,112,774 shares during the period. Twin Capital Management Inc. purchased a new stake in onsemi in the 4th quarter valued at about $585,000. Carmel Capital Partners LLC lifted its position in onsemi by 119.3% in the fourth quarter. Carmel Capital Partners LLC now owns 73,416 shares of the semiconductor company's stock valued at $3,975,000 after buying an additional 39,944 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its position in onsemi by 2,670.6% in the fourth quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 47,100 shares of the semiconductor company's stock valued at $2,550,000 after buying an additional 45,400 shares during the last quarter. Finally, VCI Wealth Management LLC purchased a new position in onsemi during the fourth quarter worth about $1,276,000. Hedge funds and other institutional investors own 97.70% of the company's stock.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Optimism around onsemi’s earnings outlook supported the stock after Zacks upgraded the company to a No. 2 (Buy) ranking. The upgrade reflects expectations for improving earnings momentum following the company’s recent quarterly results. ON Semiconductor Corp. Moves to Buy
• Positive Sentiment: Investor interest is also being supported by onsemi’s strategy to become a broader physical-AI and robotics supplier, including technologies for intelligent sensing and power management. A MarketBeat analysis argued that this expansion could create a longer-term growth opportunity beyond the company’s traditional automotive exposure. The AI Chip Stock Making a Quiet Move Toward Dominance
• Positive Sentiment: Some analysts remain constructive: Citigroup set a $98 price target, while a separate analysis raised its valuation target after onsemi’s second-quarter report. The company recently exceeded quarterly EPS and revenue expectations and issued third-quarter EPS guidance of $0.81 to $0.93. onsemi Given New $98 Price Target
• Neutral Sentiment: Analyst sentiment remains mixed. TD Cowen reiterated a Hold rating with a $95 target, while Rosenblatt maintained a Neutral rating, suggesting that data-center strength is being offset by softer automotive and industrial demand. ON Semiconductor Hold Rating Reiterated
• Negative Sentiment: Several firms reduced or maintained cautious targets, including Mizuho’s cut to $110 and pessimistic outlooks from Wells Fargo, B. Riley and Needham. Analysts cited broader semiconductor-sector concerns and uneven recovery in automotive and industrial markets. Why Wall Street Cut ON Semiconductor’s Price Target

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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