onsemi (NASDAQ:ON) Releases Q2 2026 Earnings Guidance

onsemi (NASDAQ:ON) updated its second quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 0.650-0.770 for the period, compared to the consensus estimate of 0.710. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion.

Analyst Ratings Changes

A number of equities research analysts have commented on ON shares. Stifel Nicolaus increased their price objective on shares of onsemi from $90.00 to $107.00 and gave the stock a “hold” rating in a report on Wednesday. UBS Group set a $110.00 target price on onsemi in a research note on Friday. Evercore reaffirmed an “outperform” rating on shares of onsemi in a research note on Tuesday, May 5th. Susquehanna lifted their price objective on onsemi from $100.00 to $120.00 and gave the stock a “positive” rating in a research report on Tuesday, May 5th. Finally, Rosenblatt Securities boosted their price objective on onsemi from $60.00 to $85.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $98.76.

onsemi Trading Up 2.6%

NASDAQ:ON opened at $118.74 on Friday. onsemi has a 1-year low of $44.56 and a 1-year high of $134.92. The business’s 50-day moving average price is $110.31 and its two-hundred day moving average price 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. The firm has a market capitalization of $46.53 billion, a price-to-earnings ratio of 84.21, a PEG ratio of 1.03 and a beta of 1.97.

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

Insider Buying and Selling at onsemi

In related news, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total value of $2,790,000.00. Following the completion of the sale, the chief financial officer owned 301,194 shares in the company, valued at $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 is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by corporate insiders.

More onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi said the Synaptics deal expands its addressable market by $30 billion to $243 billion by 2030 and adds Edge AI, connectivity, and human-machine interface capabilities that complement its power and sensing strengths. Article Title
• Positive Sentiment: Management said the transaction is expected to be accretive to non-GAAP EPS within 18 months of closing and should generate about $200 million in annual synergies, which could support longer-term earnings power. Article Title
• Neutral Sentiment: onsemi also reaffirmed its second-quarter 2026 guidance, which suggests the company is not seeing a sudden change in its near-term operating outlook despite the acquisition announcement. Article Title
• Negative Sentiment: The deal is an all-stock transaction, so shareholders are facing dilution and a longer closing timeline, with completion not expected until mid-2027 pending approvals. Article Title
• Negative Sentiment: Some traders are also taking profits after onsemi’s strong multi-month rally, and broader semiconductor sentiment has been choppy, with investors rotating between AI beneficiaries and more cyclical chip names. Article Title

Institutional Trading of onsemi

Hedge funds have recently bought and sold shares of the stock. DV Equities LLC bought a new position in onsemi in the fourth quarter valued at approximately $30,000. Darwin Wealth Management LLC bought a new stake in shares of onsemi during the second quarter worth $32,000. Summit Securities Group LLC raised its holdings in shares of onsemi by 346.3% during the fourth quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 464 shares during the period. Atlas Capital Advisors Inc. bought a new stake in onsemi in the 4th quarter valued at $46,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of onsemi by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock valued at $54,000 after purchasing an additional 507 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

onsemi Company Profile

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.