onsemi (ON) News Today

onsemi (NASDAQ: ON) shares increased modestly as investors weighed long-term growth opportunities in AI infrastructure and electric vehicles against a disappointing investor-day outlook and multiple analyst price-target reductions.

• Positive Sentiment: onsemi introduced its Embedded Power Platform (EPP), which integrates silicon, silicon carbide and gallium nitride components to deliver substantially higher power density for AI data centers, electric vehicles and industrial applications. Management identified a potential $213 billion market opportunity and expects customer sampling to begin in 2026. onsemi Introduces the Embedded Power Platform
• Positive Sentiment: Subaru entered a strategic technology engagement to evaluate EPP for future electric-vehicle power architectures, providing onsemi with a potential automotive design-win opportunity and validation from a major automaker. Subaru to Evaluate onsemi’s Embedded Power Platform
• Positive Sentiment: Management said its AI data-center business is expected to more than double in 2026 and outlined a path toward $11 billion in revenue by 2030. J.P. Morgan and Needham retained bullish views, with Needham maintaining a $116 price target. onsemi Says AI Data Center Business Will More Than Double
• Neutral Sentiment: Analyst opinion remains divided. Baird maintained a Hold rating with a $108 target, while Rosenblatt reaffirmed Neutral at $85; Wells Fargo kept Overweight but reduced its target to $85, and Truist lowered its target to $75.
• Negative Sentiment: The investor-day presentation failed to satisfy near-term growth expectations. Investors focused on the gap between the ambitious long-term opportunity and limited immediate revenue visibility, contributing to a sharp prior-session selloff despite the EPP launch. onsemi Stock Sinks as New Power Platform Fails to Impress
• Negative Sentiment: Stifel reportedly concluded that onsemi’s 2030 outlook fell short of expectations, while Cantor Fitzgerald cut its target to $90 and assigned a Neutral rating. These revisions reinforce concerns about execution, valuation and the timing of AI-related growth. onsemi’s 2030 Outlook Falls Short