onsemi (NASDAQ:ON) Stock Price Target Lowered at TD Cowen

onsemi (NASDAQ:ON) had its price target decreased by stock analysts at TD Cowen from $95.00 to $75.00 in a report issued on Monday, Benzinga reports. The brokerage currently has a “hold” rating on the semiconductor company’s stock. TD Cowen’s price target indicates a potential upside of 2.57% from the company’s current price.

Other research analysts have also issued reports about the stock. Sanford C. Bernstein restated an “outperform” rating and set a $62.00 target price on shares of onsemi in a research report on Wednesday, August 12th. Susquehanna increased their target price on shares of onsemi from $140.00 to $150.00 and gave the company a “positive” rating in a report on Thursday, July 9th. B. Riley Financial reduced their price target on shares of onsemi from $135.00 to $127.00 and set a “buy” rating for the company in a research report on Tuesday, August 4th. Evercore reiterated an “outperform” rating and set a $137.00 price target on shares of onsemi in a research report on Friday, June 26th. Finally, Wells Fargo & Company boosted their price target on onsemi from $85.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and sixteen have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $94.76.

onsemi Stock Performance

NASDAQ:ON opened at $73.12 on Monday. The company has a quick ratio of 2.49, a current ratio of 3.46 and a debt-to-equity ratio of 0.51. onsemi has a fifty-two week low of $44.56 and a fifty-two week high of $134.92. The stock has a market cap of $28.47 billion, a PE ratio of 46.87, a price-to-earnings-growth ratio of 0.59 and a beta of 2.05. The firm’s fifty day simple moving average is $75.63 and its 200-day simple moving average is $89.98.

onsemi (NASDAQ:ON) last announced its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter last year, the firm posted $0.53 EPS. The business’s revenue was up 9.2% compared to the same quarter last year. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Analysts expect that onsemi will post 3.21 earnings per share for the current fiscal year.

Insider Buying and Selling at onsemi

In other news, insider Sudhir Gopalswamy sold 15,578 shares of onsemi stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $80.00, for a total transaction of $1,246,240.00. Following the completion of the transaction, the insider owned 158,177 shares of the company’s stock, valued at $12,654,160. The trade was a 8.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On onsemi

Several institutional investors and hedge funds have recently made changes to their positions in the business. SteelPeak Wealth LLC grew its holdings in shares of onsemi by 19.1% during the third quarter. SteelPeak Wealth LLC now owns 9,526 shares of the semiconductor company’s stock worth $732,000 after buying an additional 1,528 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of onsemi by 207.5% during the third quarter. IFP Advisors Inc now owns 4,081 shares of the semiconductor company’s stock valued at $314,000 after buying an additional 2,754 shares during the period. Counterpoint Mutual Funds LLC purchased a new position in shares of onsemi during the third quarter valued at approximately $10,637,000. TD Waterhouse Canada Inc. boosted its position in onsemi by 3,650.4% during the third quarter. TD Waterhouse Canada Inc. now owns 26,740 shares of the semiconductor company’s stock worth $2,140,000 after acquiring an additional 26,027 shares during the last quarter. Finally, Michael J. Porro & Co. Financial Advisors Inc. purchased a new stake in onsemi in the 3rd quarter worth approximately $321,000. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: New buy rating: StoneX initiated coverage of onsemi with a “Buy” rating, providing fresh analyst support for the semiconductor maker. StoneX initiates coverage of ON Semiconductor with buy rating
• Positive Sentiment: Sensor validation supports product demand: Vadzo Imaging validated a 5-megapixel camera using onsemi’s HyperLux LP AR0544 color image sensor with Rockchip’s RV1126 platform for embedded-vision applications. The design win highlights onsemi’s positioning in industrial, automotive and edge-AI imaging markets. Vadzo Imaging Validates Bolt-544CRS 5MP Onsemi HyperLux LP AR0544 Color MIPI CSI-2 Camera
• Positive Sentiment: Long-term industry tailwind: A market report projects the global power-transistor market will grow from $15.6 billion in 2025 to $21.4 billion by 2032, driven by electric vehicles, renewable energy, smart grids and energy-efficient systems—markets relevant to onsemi’s silicon-carbide, gallium-nitride and power-management businesses. Power Transistors Global Strategic Business Report
• Neutral Sentiment: Investor attention remains elevated: Recent coverage notes that onsemi was among the heavily searched semiconductor stocks, which may increase trading interest but does not by itself change the company’s earnings outlook. Investors Heavily Search ON Semiconductor Corporation
• Negative Sentiment: Price-target cut signals caution: TD Cowen reduced its target for onsemi from $95 to $75, suggesting concerns about near-term demand, margins or the pace of semiconductor recovery. The new target is only modestly above the recent $73.12 close. TD Cowen Adjusts Price Target on ON Semiconductor to $75 From $95

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.