BNP Paribas Exane Analysts Give ON Semiconductor (NASDAQ:ON) a $62.00 Price Target

BNP Paribas Exane set a $62.00 price objective on ON Semiconductor (NASDAQ:ON) in a research report released on Thursday morning, Marketbeat reports. The brokerage currently has a neutral rating on the semiconductor company’s stock.

Several other analysts also recently issued reports on ON. Piper Sandler raised their price objective on shares of ON Semiconductor from $60.00 to $65.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Citigroup raised their price target on ON Semiconductor from $54.00 to $66.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Williams Trading set a $60.00 price objective on ON Semiconductor in a report on Tuesday, November 4th. B. Riley increased their target price on ON Semiconductor from $54.00 to $58.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Benchmark reissued a “buy” rating on shares of ON Semiconductor in a research note on Tuesday, November 4th. Thirteen equities research analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $61.30.

ON Semiconductor Stock Performance

NASDAQ ON opened at $61.98 on Thursday. The business’s 50 day moving average price is $55.14 and its 200-day moving average price is $52.81. ON Semiconductor has a fifty-two week low of $31.04 and a fifty-two week high of $65.77. The company has a market cap of $24.94 billion, a P/E ratio of 80.49, a P/E/G ratio of 2.69 and a beta of 1.55. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.54 and a current ratio of 5.23.

ON Semiconductor (NASDAQ:ON) last posted its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.59 by $0.04. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the firm earned $0.99 earnings per share. ON Semiconductor’s quarterly revenue was down 12.0% compared to the same quarter last year. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. Sell-side analysts predict that ON Semiconductor will post 2.6 earnings per share for the current year.

ON Semiconductor declared that its board has authorized a share repurchase program on Tuesday, November 18th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the semiconductor company to purchase up to 32.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its stock is undervalued.

Insider Activity

In related news, CFO Trent Thad sold 20,000 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $55.05, for a total value of $1,101,000.00. Following the sale, the chief financial officer directly owned 379,448 shares in the company, valued at approximately $20,888,612.40. The trade was a 5.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.31% of the company’s stock.

Hedge Funds Weigh In On ON Semiconductor

A number of hedge funds and other institutional investors have recently bought and sold shares of ON. Norges Bank acquired a new stake in shares of ON Semiconductor during the second quarter worth $228,835,000. Fisher Funds Management LTD increased its stake in ON Semiconductor by 42.0% in the 3rd quarter. Fisher Funds Management LTD now owns 87,729 shares of the semiconductor company’s stock valued at $4,326,000 after buying an additional 25,949 shares during the period. State of Alaska Department of Revenue raised its position in ON Semiconductor by 39.4% during the 2nd quarter. State of Alaska Department of Revenue now owns 139,844 shares of the semiconductor company’s stock worth $7,328,000 after buying an additional 39,530 shares during the last quarter. Polianta Ltd acquired a new stake in shares of ON Semiconductor in the 3rd quarter worth $1,420,000. Finally, Merit Financial Group LLC boosted its holdings in shares of ON Semiconductor by 75.2% in the third quarter. Merit Financial Group LLC now owns 51,748 shares of the semiconductor company’s stock valued at $2,552,000 after acquiring an additional 22,211 shares in the last quarter. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

ON Semiconductor News Summary

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

• Positive Sentiment: Several brokerages have recently upgraded or raised targets for ON, fueling short‑term buying and helping the stock reach a one‑year high earlier this week. Notable coverage cited includes a Bank of America upgrade and other positive analyst notes that highlight recovery potential. Article
• Positive Sentiment: Market commentary argues ON will benefit from a cyclical semiconductor recovery (auto electrification, industrial demand), which supports a constructive medium‑term outlook for revenue and margin improvement. Investors may be accumulating ahead of that potential rebound. Article
• Neutral Sentiment: onsemi set a clear near‑term catalyst: Q4 and full‑year 2025 results will be released after the close on February 9, 2026, followed by a 5:00 PM ET conference call. That upcoming report (and any guidance) is a likely focal point for traders and may increase volatility. Press release
• Neutral Sentiment: Some outlets and data aggregators show a mixed analyst picture — the street median target sits near the current price (Quiver/consensus ~ $59) and BNP Paribas Exane recently set a $62 target with a neutral rating, suggesting limited near‑term upside in some analysts’ views. Finviz / The Fly note
• Negative Sentiment: Insider selling has occurred recently (several executive-level sales disclosed), which can temper investor enthusiasm and create short‑term selling pressure ahead of earnings. Quiver summary
• Negative Sentiment: Institutional flows are mixed (some large holders cutting positions while others add), and ON’s valuation (high P/E and PEG vs. peers) leaves the stock sensitive to any miss in revenue, margin or guidance, raising downside risk into the print. Quiver / filings

ON Semiconductor Company Profile

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.