Q3 EPS Estimate for ON Semiconductor Increased by Analyst

Key Points

• B. Riley analysts have raised ON Semiconductor's Q3 2025 EPS estimate to $0.59, slightly above the previous estimate of $0.57, maintaining a "Neutral" rating on the stock.
• ON Semiconductor reported earnings of $0.53 per share in their last quarter, missing analysts' expectations and reflecting a significant year-over-year decline in earnings.
• Multiple brokerages have adjusted their price targets on the stock, with the consensus rating currently at "Hold" and a price target around $56.84.

ON Semiconductor Corporation (NASDAQ:ON - Free Report) - Research analysts at B. Riley raised their Q3 2025 EPS estimates for ON Semiconductor in a note issued to investors on Monday, August 4th. B. Riley analyst C. Ellis now forecasts that the semiconductor company will post earnings of $0.59 per share for the quarter, up from their prior forecast of $0.57. B. Riley currently has a "Neutral" rating on the stock. The consensus estimate for ON Semiconductor's current full-year earnings is $2.60 per share. B. Riley also issued estimates for ON Semiconductor's FY2025 earnings at $2.26 EPS, Q1 2026 earnings at $0.60 EPS, Q2 2026 earnings at $0.66 EPS, Q4 2026 earnings at $0.71 EPS, FY2026 earnings at $2.67 EPS and FY2027 earnings at $3.37 EPS.

ON has been the subject of a number of other research reports. Wells Fargo & Company lowered their target price on ON Semiconductor from $65.00 to $62.00 and set an "overweight" rating for the company in a research note on Tuesday. Stifel Nicolaus increased their price objective on shares of ON Semiconductor from $42.00 to $50.00 and gave the company a "hold" rating in a research report on Friday, July 18th. TD Cowen reduced their target price on shares of ON Semiconductor from $68.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday. Morgan Stanley began coverage on shares of ON Semiconductor in a research note on Monday, May 12th. They issued an "equal weight" rating and a $39.00 target price for the company. Finally, Bank of America reaffirmed a "neutral" rating and set a $56.00 price target (down previously from $70.00) on shares of ON Semiconductor in a research note on Tuesday. Fifteen research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, ON Semiconductor currently has an average rating of "Hold" and an average target price of $56.84.

ON Semiconductor Trading Up 1.3%

Shares of NASDAQ ON traded up $0.61 during midday trading 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. The company has a quick ratio of 3.32, a current ratio of 5.02 and a debt-to-equity ratio of 0.42. ON Semiconductor has a 1-year low of $31.04 and a 1-year high of $78.61. The company has a market capitalization of $19.46 billion, a price-to-earnings ratio of 44.48, a PEG ratio of 2.37 and a beta of 1.45. The company has a fifty day moving average price of $54.22 and a 200 day moving average price of $47.65.

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Janus Henderson Group PLC lifted its holdings in ON Semiconductor by 9.2% in the 4th quarter. Janus Henderson Group PLC now owns 12,377,264 shares of the semiconductor company's stock worth $780,387,000 after purchasing an additional 1,041,989 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of ON Semiconductor by 1.0% in the first quarter. Ameriprise Financial Inc. now owns 11,328,463 shares of the semiconductor company's stock worth $460,958,000 after buying an additional 110,735 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of ON Semiconductor by 15.3% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 5,835,332 shares of the semiconductor company's stock worth $312,774,000 after buying an additional 774,087 shares during the period. Baillie Gifford & Co. acquired a new position in ON Semiconductor in the 1st quarter valued at $219,001,000. Finally, Dimensional Fund Advisors LP raised its holdings in ON Semiconductor by 18.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,014,671 shares of the semiconductor company's stock worth $316,195,000 after acquiring an additional 771,610 shares during the period. Institutional investors and hedge funds own 97.70% of the company's stock.

About ON Semiconductor

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.