ON Semiconductor (NASDAQ:ON) Given New $60.00 Price Target at Stifel Nicolaus

ON Semiconductor (NASDAQ:ON) had its price target increased by Stifel Nicolaus from $50.00 to $60.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “hold” rating on the semiconductor company’s stock. Stifel Nicolaus’ price target suggests a potential downside of 1.27% from the company’s previous close.

ON has been the subject of a number of other research reports. Benchmark reiterated a “buy” rating on shares of ON Semiconductor in a report on Tuesday, November 4th. Wells Fargo & Company raised their price target on ON Semiconductor from $62.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday. Evercore ISI reaffirmed an “outperform” rating on shares of ON Semiconductor in a research note on Wednesday, January 7th. Truist Financial increased their target price on shares of ON Semiconductor from $51.00 to $57.00 and gave the company a “hold” rating in a research note on Friday, December 19th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of ON Semiconductor in a report on Monday, December 29th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $60.67.

ON Semiconductor Price Performance

Shares of NASDAQ:ON traded up $0.49 on Friday, reaching $60.77. The company’s stock had a trading volume of 812,888 shares, compared to its average volume of 8,896,437. The company has a 50-day simple moving average of $53.55 and a 200 day simple moving average of $52.57. ON Semiconductor has a 52-week low of $31.04 and a 52-week high of $63.63. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.54 and a current ratio of 5.23. The company has a market cap of $24.45 billion, a P/E ratio of 79.19, a PEG ratio of 2.63 and a beta of 1.55.

ON Semiconductor (NASDAQ:ON) last announced its earnings results on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.04. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.52 billion. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. The business’s revenue was down 12.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.99 EPS. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. As a group, equities research analysts anticipate that ON Semiconductor will post 2.6 EPS for the current fiscal year.

ON Semiconductor announced that its Board of Directors has authorized a share repurchase plan on Tuesday, November 18th that authorizes the company to buyback $6.00 billion in shares. This buyback authorization authorizes the semiconductor company to reacquire up to 32.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In other news, CFO Trent Thad sold 20,000 shares of ON Semiconductor stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the completion of the sale, the chief financial officer owned 379,448 shares of the company’s stock, valued at approximately $20,888,612.40. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.31% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On ON Semiconductor

Several hedge funds have recently made changes to their positions in ON. F&V Capital Management LLC purchased a new position in shares of ON Semiconductor during the fourth quarter valued at $15,075,000. Nisa Investment Advisors LLC grew its holdings in ON Semiconductor by 12.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 43,055 shares of the semiconductor company’s stock worth $2,331,000 after acquiring an additional 4,782 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in ON Semiconductor by 8.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,363,805 shares of the semiconductor company’s stock valued at $360,828,000 after purchasing an additional 474,725 shares during the period. Brookstone Capital Management bought a new stake in shares of ON Semiconductor in the 4th quarter valued at about $202,000. Finally, Mn Services Vermogensbeheer B.V. lifted its position in shares of ON Semiconductor by 5.9% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 166,720 shares of the semiconductor company’s stock worth $9,028,000 after purchasing an additional 9,320 shares during the period. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

ON Semiconductor News Roundup

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Market reaction: ON saw an intraday uptick as broader market pressure left select semiconductor names outperforming; a Zacks note flagged ON’s rise as the market dipped, reflecting short‑term buying interest and momentum. Zacks: ON Semiconductor Rises
• Positive Sentiment: U.S. policy support: A recent White House action adjusting imports of semiconductors and related equipment signals continued focus on on‑shoring and protecting domestic supply chains — a tailwind for U.S.-based semiconductor suppliers like ON if policy favors domestic production and procurement. White House: Adjusting Imports of Semiconductors
• Positive Sentiment: Company results & guidance: ON’s most recent quarter beat consensus (EPS and revenue) and management set Q4 guidance of $0.57–$0.67 EPS — that beat/clear guidance reduces near‑term execution risk and likely underpins investor confidence in the stock’s upward move. (Background earnings data from company disclosures and market summaries.)
• Neutral Sentiment: Technical/momentum context: ON is trading near its 52‑week high with its 50‑ and 200‑day moving averages below the current price, which can attract momentum and quant buyers but also concentrates upside expectations.
• Negative Sentiment: Valuation & growth caution: The shares carry a high P/E (~78x) and the company’s quarterly revenue is down year‑over‑year — a reminder that much of the current price reflects growth expectations; any evidence of continued revenue weakness or softer guidance could trigger profit‑taking.

About ON Semiconductor

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.