onsemi (NASDAQ:ON) Posts Earnings Results, Beats Estimates By $0.03 EPS

Key Points

• onsemi reported Q1 EPS of $0.64 versus consensus $0.61 (beat by $0.03) on revenue of $1.51B, and updated Q2 2026 guidance to $0.65–$0.77 EPS.
• Despite the beat the stock traded down to $102.04 on heavy volume, and valuation appears stretched (market cap ≈ $40.1B, P/E ≈ 300), increasing pullback risk after a strong YTD rally.
• Insiders have been selling recently (including the CFO), while analysts are split—14 Buys, 15 Holds and a consensus rating of Hold with a $67.15 price target.

onsemi (NASDAQ:ON - Get Free Report) posted its earnings results on Monday. The semiconductor company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03, FiscalAI reports. onsemi had a return on equity of 12.22% and a net margin of 2.02%.The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.49 billion. onsemi updated its Q2 2026 guidance to 0.650-0.770 EPS.

onsemi Price Performance

ON traded down $0.99 during midday trading on Monday, reaching $102.04. 16,134,646 shares of the company's stock were exchanged, compared to its average volume of 9,234,896. onsemi has a one year low of $37.19 and a one year high of $105.00. The business has a 50-day simple moving average of $69.72 and a two-hundred day simple moving average of $60.97. The company has a quick ratio of 2.98, a current ratio of 4.52 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $40.14 billion, a price-to-earnings ratio of 300.13, a price-to-earnings-growth ratio of 1.05 and a beta of 1.94.

Insider Activity

In related news, insider Sudhir Gopalswamy sold 6,114 shares of the firm's stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $58.67, for a total value of $358,708.38. Following the completion of the sale, the insider owned 173,943 shares of the company's stock, valued at $10,205,235.81. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Trent Thad sold 60,000 shares of the firm's stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $71.22, for a total transaction of $4,273,200.00. Following the completion of the sale, the chief financial officer directly owned 339,460 shares of the company's stock, valued at approximately $24,176,341.20. This represents a 15.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 146,114 shares of company stock worth $11,282,308. Insiders own 0.35% of the company's stock.

Institutional Trading of onsemi

Institutional investors have recently bought and sold shares of the business. DV Equities LLC acquired a new stake in onsemi during the 4th quarter worth $30,000. Summit Securities Group LLC grew its holdings in shares of onsemi by 346.3% in the 4th quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company's stock valued at $32,000 after buying an additional 464 shares during the period. Darwin Wealth Management LLC acquired a new position in shares of onsemi in the 2nd quarter valued at $32,000. Atlas Capital Advisors Inc. acquired a new position in shares of onsemi in the 4th quarter valued at $46,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of onsemi in the 2nd quarter valued at $65,000. Institutional investors and hedge funds own 97.70% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on ON shares. Mizuho reduced their price objective on shares of onsemi from $72.00 to $70.00 and set an "outperform" rating for the company in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of onsemi in a research report on Tuesday, February 10th. UBS Group reiterated a "neutral" rating on shares of onsemi in a research note on Monday, February 2nd. B. Riley Financial raised onsemi from a "neutral" rating to a "buy" rating and set a $115.00 price objective for the company in a research report on Thursday, April 23rd. Finally, JPMorgan Chase & Co. increased their price target on shares of onsemi from $56.00 to $70.00 and gave the company a "neutral" rating in a report on Tuesday, February 10th. Fourteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $67.15.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Product/market win: a new USB3 camera (Vadzo Imaging Falcon‑234MGS) is launching using an onsemi AR0234 image sensor — a small but visible design win that underlines onsemi’s footprint in industrial/imaging sensors and diversified end markets. Vadzo Imaging Introduces Falcon‑234MGS
• Positive Sentiment: Momentum: coverage notes onsemi outperformed peers in April (roughly 63% gain vs. TXN’s 45%), highlighting strong investor interest in analog/power/automotive exposure that helped drive the stock’s recent surge. Texas Instruments or ON Semiconductor: Which Analog Chip Stock Won in April?
• Neutral Sentiment: Earnings focus — live/preview coverage: multiple previews and live threads are tracking onsemi’s Q1 report, flagging the key KPIs investors will watch (non‑GAAP EPS, revenue vs. estimates, margin and automotive/AI demand commentary). Results can swing the stock in either direction depending on beats/misses and guidance. Live: onsemi Q1 Earnings Tonight onsemi Q1 Earnings Report Preview
• Negative Sentiment: Valuation and pullback risk: the stock’s big YTD/April rally has pushed multiples and expectations high (background shows a very elevated P/E and market cap). That increases the chance of profit‑taking or a sharp move down if the quarter or forward commentary disappoints.
• Negative Sentiment: Revenue trend to monitor: recent quarterly revenue had been down year‑over‑year in the prior report — investors will be sensitive to any signs of weakness in auto, industrial or inventory corrections in the Q1 release.

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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