onsemi (NASDAQ:ON) Receives $94.68 Consensus Price Target from Analysts

onsemi (NASDAQ:ON) has received an average recommendation of “Moderate Buy” from the thirty research firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $96.56.

ON has been the topic of several recent analyst reports. Barclays boosted their target price on onsemi from $75.00 to $100.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Weiss Ratings reissued a “sell (d+)” rating on shares of onsemi in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of onsemi in a report on Tuesday, May 5th. Morgan Stanley boosted their target price on onsemi from $85.00 to $87.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Finally, Truist Financial reissued a “hold” rating and issued a $101.00 target price (up from $66.00) on shares of onsemi in a report on Tuesday, May 5th.

onsemi Trading Up 2.6%

ON stock opened at $118.74 on Friday. onsemi has a 1-year low of $44.56 and a 1-year high of $134.92. The firm has a market cap of $46.53 billion, a P/E ratio of 84.21, a P/E/G ratio of 1.03 and a beta of 1.97. The business’s 50 day moving average is $110.31 and its 200-day moving average is $78.75. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41.

onsemi (NASDAQ:ON) last released its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the company posted $0.55 EPS. The company’s revenue was up 4.7% compared to the same quarter last year. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Equities analysts anticipate that onsemi will post 3.09 earnings per share for the current fiscal year.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: The acquisition broadens onsemi’s product portfolio and positions it more deeply in Physical AI applications such as autonomous driving, robotics, and industrial automation. onsemi to Acquire Synaptics to Enable the Next Generation of Intelligent Systems for Physical AI
• Positive Sentiment: Management said the deal increases onsemi’s total addressable market by $30 billion to $243 billion by 2030 and should be accretive to non-GAAP EPS within 18 months, which supports the long-term growth case. onsemi to Acquire Synaptics for Physical AI
• Neutral Sentiment: The deal is all-stock and still needs shareholder and regulatory approval, so near-term execution risk and dilution concerns may keep some investors cautious.
• Negative Sentiment: Some traders appear to be taking profits after a strong run in ON shares, and the market is also sensitive to semiconductor valuation and AI-capex rotation, which may be contributing to volatility. ON Semi to Acquire Synaptics in $7 Billion All-Stock Deal: SYNA Rallies, ON Shares Take Hit

Insider Activity at onsemi

In other onsemi news, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the transaction, the chief financial officer owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. This represents a 9.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Janus Henderson Group PLC boosted its position in onsemi by 10.9% in the 1st quarter. Janus Henderson Group PLC now owns 13,700,884 shares of the semiconductor company’s stock valued at $848,392,000 after buying an additional 1,345,894 shares during the last quarter. Ameriprise Financial Inc. boosted its position in onsemi by 7.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock valued at $639,716,000 after buying an additional 877,533 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in onsemi by 8.1% in 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 buying an additional 474,725 shares during the last quarter. Norges Bank bought a new position in onsemi in the 4th quarter valued at $330,885,000. Finally, Rafferty Asset Management LLC boosted its position in onsemi by 55.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after buying an additional 2,072,125 shares during the last quarter. 97.70% of the stock is currently owned by institutional investors.

About onsemi

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. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.