B. Riley Increases Earnings Estimates for ON Semiconductor

Key Points

• B. Riley has increased ON Semiconductor's Q3 2025 earnings per share estimate from $0.53 to $0.57, while maintaining a "Neutral" rating and a price target of $56.00.
• ON Semiconductor reported Q1 earnings of $0.55 per share, exceeding expectations, with revenues of $1.45 billion despite a 22.4% decline year-over-year.
• Institutional investors collectively own 97.70% of ON Semiconductor's stock, with several firms recently increasing their stakes in the company.

ON Semiconductor Corporation (NASDAQ:ON - Free Report) - Stock analysts at B. Riley upped their Q3 2025 earnings per share estimates for ON Semiconductor in a report issued on Wednesday, July 23rd. B. Riley analyst C. Ellis now expects that the semiconductor company will earn $0.57 per share for the quarter, up from their previous estimate of $0.53. B. Riley has a "Neutral" rating and a $56.00 price objective 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 Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $2.25 EPS, Q1 2026 earnings at $0.59 EPS, Q2 2026 earnings at $0.64 EPS, Q3 2026 earnings at $0.71 EPS, Q4 2026 earnings at $0.70 EPS, FY2026 earnings at $2.64 EPS and FY2027 earnings at $3.29 EPS.

ON Semiconductor (NASDAQ:ON - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The semiconductor company reported $0.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.04. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.40 billion. ON Semiconductor had a return on equity of 17.40% and a net margin of 9.51%. The firm's revenue was down 22.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.08 earnings per share.

ON has been the subject of several other reports. Morgan Stanley initiated coverage on shares of ON Semiconductor in a report on Monday, May 12th. They issued an "equal weight" rating and a $39.00 price objective for the company. Loop Capital dropped their price target on ON Semiconductor from $65.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday, May 6th. KGI Securities assumed coverage on ON Semiconductor in a research report on Friday, May 23rd. They issued a "neutral" rating on the stock. Roth Capital reaffirmed a "buy" rating and issued a $70.00 price objective (up from $50.00) on shares of ON Semiconductor in a research report on Tuesday, June 17th. Finally, Wells Fargo & Company boosted their target price on shares of ON Semiconductor from $60.00 to $65.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Fourteen equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $58.73.

ON Semiconductor Price Performance

ON traded up $1.48 during trading on Friday, reaching $56.92. The stock had a trading volume of 8,072,353 shares, compared to its average volume of 8,120,493. The business has a 50-day moving average of $52.38 and a 200-day moving average of $47.80. ON Semiconductor has a one year low of $31.04 and a one year high of $80.08. The stock has a market cap of $23.79 billion, a PE ratio of 39.53, a PEG ratio of 4.56 and a beta of 1.43. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.32 and a current ratio of 4.95.

Institutional Trading of ON Semiconductor

Several institutional investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC lifted its position in shares of ON Semiconductor by 68.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 10,672 shares of the semiconductor company's stock worth $559,000 after purchasing an additional 4,354 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in 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 acquiring an additional 774,087 shares in the last quarter. CWM LLC raised its stake in ON Semiconductor by 50.7% during the 2nd quarter. CWM LLC now owns 12,972 shares of the semiconductor company's stock worth $680,000 after acquiring an additional 4,366 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in ON Semiconductor by 15.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 63,035 shares of the semiconductor company's stock worth $3,304,000 after acquiring an additional 8,671 shares in the last quarter. Finally, Johnson Investment Counsel Inc. acquired a new stake in ON Semiconductor during the 2nd quarter worth $3,065,000. Institutional investors and hedge funds 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.