William Blair Predicts Higher Earnings for ON Semiconductor

Key Points

• William Blair has revised its Q3 2025 earnings estimate for ON Semiconductor, increasing it from $0.59 to $0.60 per share, reflecting a positive outlook for the company.
• Other analysts have provided mixed ratings, with some raising price targets, such as Roth Capital increasing its target to $70, while others like UBS Group lowered theirs to $50.
• ON Semiconductor's recent quarterly earnings report showed a miss on EPS estimates, reporting $0.53 compared to the consensus of $0.54, though revenue was slightly better than anticipated at $1.47 billion.

ON Semiconductor Corporation (NASDAQ:ON - Free Report) - Analysts at William Blair lifted their Q3 2025 earnings estimates for shares of ON Semiconductor in a research report issued on Tuesday, August 5th. William Blair analyst J. Dorsheimer now expects that the semiconductor company will post earnings of $0.60 per share for the quarter, up from their prior forecast of $0.59. The consensus estimate for ON Semiconductor's current full-year earnings is $2.60 per share. William Blair also issued estimates for ON Semiconductor's Q1 2026 earnings at $0.62 EPS, Q2 2026 earnings at $0.67 EPS, Q3 2026 earnings at $0.72 EPS, Q4 2026 earnings at $0.78 EPS and FY2026 earnings at $2.78 EPS.

Other research analysts have also issued reports about the stock. KGI Securities began coverage on shares of ON Semiconductor in a research note 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 note on Tuesday, June 17th. UBS Group dropped their price objective on shares of ON Semiconductor from $55.00 to $50.00 and set a "neutral" rating on the stock in a research note on Tuesday. TD Cowen dropped their price objective on shares of ON Semiconductor from $68.00 to $55.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, KeyCorp raised their price objective on shares of ON Semiconductor from $50.00 to $65.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Fifteen investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, ON Semiconductor presently has an average rating of "Hold" and a consensus price target of $56.84.

ON Semiconductor Trading Down 0.6%

NASDAQ:ON opened at $46.98 on Thursday. The company has a current ratio of 5.02, a quick ratio of 3.32 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $19.21 billion, a price-to-earnings ratio of 43.91, a PEG ratio of 3.89 and a beta of 1.45. The firm has a fifty day simple moving average of $54.13 and a two-hundred day simple moving average of $47.70. ON Semiconductor has a 12 month low of $31.04 and a 12 month high of $78.61.

ON Semiconductor (NASDAQ:ON - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, missing analysts' consensus estimates of $0.54 by ($0.01). The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%. The company's revenue for the quarter was down 15.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.96 earnings per share.

Hedge Funds Weigh In On ON Semiconductor

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in ON Semiconductor by 8.3% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 875,016 shares of the semiconductor company's stock worth $45,860,000 after buying an additional 66,891 shares in the last quarter. Aviva PLC grew its stake in ON Semiconductor by 6.7% in the 2nd quarter. Aviva PLC now owns 256,555 shares of the semiconductor company's stock worth $13,446,000 after buying an additional 16,084 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of ON Semiconductor in the 2nd quarter worth approximately $460,000. Prospera Financial Services Inc lifted its holdings in shares of ON Semiconductor by 145.0% in the 2nd quarter. Prospera Financial Services Inc now owns 23,119 shares of the semiconductor company's stock worth $1,212,000 after acquiring an additional 13,683 shares during the last quarter. Finally, Summit Investment Advisors Inc. lifted its holdings in shares of ON Semiconductor by 1.4% in the 1st quarter. Summit Investment Advisors Inc. now owns 17,943 shares of the semiconductor company's stock worth $730,000 after acquiring an additional 247 shares during the last quarter. Hedge funds and other institutional investors 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.