Roth Capital Has Bearish Forecast for Onsemi Q2 Earnings

Onsemi (NASDAQ:ON - Free Report) - Investment analysts at Roth Capital lowered their Q2 2025 earnings per share estimates for shares of Onsemi in a research report issued on Monday, May 5th. Roth Capital analyst S. Desilva now expects that the semiconductor company will earn $0.53 per share for the quarter, down from their previous estimate of $0.59. The consensus estimate for Onsemi's current full-year earnings is $2.60 per share. Roth Capital also issued estimates for Onsemi's Q3 2025 earnings at $0.57 EPS.

Onsemi (NASDAQ:ON - Get Free Report) last posted its earnings results on Monday, May 5th. The semiconductor company reported $0.55 earnings per share (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 firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the company earned $1.08 EPS. Onsemi's revenue was down 22.4% on a year-over-year basis.

Several other brokerages also recently weighed in on ON. Susquehanna cut their price target on Onsemi from $70.00 to $60.00 and set a "positive" rating on the stock in a report on Tuesday, February 11th. The Goldman Sachs Group cut their price target on Onsemi from $77.00 to $64.00 and set a "buy" rating on the stock in a report on Tuesday, February 11th. Roth Mkm cut their price target on Onsemi from $100.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, February 11th. TD Cowen upped their price target on Onsemi from $38.00 to $44.00 and gave the stock a "buy" rating in a report on Tuesday, May 6th. Finally, Mizuho cut their price target on Onsemi from $71.00 to $62.00 and set an "outperform" rating on the stock in a report on Monday, March 24th. Eleven equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $54.12.

Onsemi Trading Up 9.6%

ON traded up $3.92 during mid-day trading on Wednesday, hitting $44.90. 6,500,048 shares of the stock were exchanged, compared to its average volume of 10,187,345. The firm's fifty day moving average is $39.72 and its two-hundred day moving average is $53.80. Onsemi has a 1-year low of $31.04 and a 1-year high of $80.08. The company has a current ratio of 5.06, a quick ratio of 3.38 and a debt-to-equity ratio of 0.38. The company has a market cap of $18.76 billion, a PE ratio of 12.36, a PEG ratio of 16.74 and a beta of 1.39.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Elequin Capital LP grew its stake in shares of Onsemi by 108.3% in 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 last quarter. Costello Asset Management INC acquired a new stake in shares of Onsemi in the 1st quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Onsemi in the 4th quarter valued at approximately $41,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Onsemi in the 4th quarter valued at approximately $43,000. Finally, Golden State Wealth Management LLC lifted 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 valued at $29,000 after buying an additional 320 shares during the period. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

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.