onsemi (NASDAQ:ON) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of onsemi (NASDAQ:ON) crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $74.92 and traded as high as $79.29. onsemi shares last traded at $78.67, with a volume of 9,465,836 shares.

More onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi is reportedly in talks to acquire Ferric for approximately $1 billion. The deal could strengthen onsemi’s power-management portfolio and exposure to AI data-center infrastructure, although the report remains unconfirmed and the potential price raises integration and capital-allocation questions. Onsemi reportedly in talks to buy AI power-chip startup Ferric
• Positive Sentiment: New products using onsemi image sensors continue to appear in embedded-vision applications, including high-resolution HDR, autofocus, global-shutter and near-infrared cameras. These announcements support the company’s imaging portfolio, but their near-term financial impact is unclear. Vadzo Imaging launches Armor-821CRS
• Neutral Sentiment: Virginia Retirement Systems and other institutions recently reported new or increased positions in ON. Broader institutional activity shows both buying and selling, suggesting mixed investor conviction rather than a clear near-term catalyst. New $6.2 million ON position opened by Virginia Retirement Systems
• Negative Sentiment: Weak guidance from automotive-chip peer NXP Semiconductors revived concerns about slowing auto semiconductor demand. Because onsemi has significant automotive exposure, the read-through pressured ON and overshadowed longer-term growth opportunities. Soft auto-chip guidance weighs on onsemi

Analyst Ratings Changes

Several analysts have recently weighed in on ON shares. Robert W. Baird boosted their target price on onsemi from $100.00 to $108.00 and gave the company a “neutral” rating in a report on Tuesday, August 4th. Weiss Ratings raised onsemi from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Wells Fargo & Company boosted their price objective on onsemi from $85.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, October 2nd. Cantor Fitzgerald cut their target price on shares of onsemi from $110.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, September 17th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $116.00 price target on shares of onsemi in a research report on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and sixteen have issued a Hold rating to the company. Based on data from MarketBeat, onsemi has a consensus rating of “Moderate Buy” and a consensus price target of $92.68.

onsemi Stock Performance

The company has a quick ratio of 2.49, a current ratio of 3.46 and a debt-to-equity ratio of 0.51. The stock has a fifty day moving average price of $74.81 and a 200-day moving average price of $81.90. The firm has a market cap of $29.29 billion, a price-to-earnings ratio of 48.23, a price-to-earnings-growth ratio of 0.62 and a beta of 2.05.

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

Insider Transactions at onsemi

In other news, insider Sudhir Gopalswamy sold 15,578 shares of the stock in a transaction that occurred 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 directly owned 158,177 shares of the company’s stock, valued at approximately $12,654,160. This represents a 8.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.35% of the company’s stock.

Institutional Trading of onsemi

A number of institutional investors have recently modified their holdings of the business. Kestra Private Wealth Services LLC raised its holdings in shares of onsemi by 2.8% in the 1st quarter. Kestra Private Wealth Services LLC now owns 4,554 shares of the semiconductor company’s stock worth $282,000 after purchasing an additional 125 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in onsemi by 1.8% during the first quarter. Apollon Wealth Management LLC now owns 7,130 shares of the semiconductor company’s stock worth $441,000 after buying an additional 127 shares in the last quarter. Greenleaf Trust boosted its holdings in onsemi by 2.5% during the third quarter. Greenleaf Trust now owns 5,890 shares of the semiconductor company’s stock worth $453,000 after buying an additional 144 shares in the last quarter. V Square Quantitative Management LLC boosted its holdings in onsemi by 2.7% during the first quarter. V Square Quantitative Management LLC now owns 5,946 shares of the semiconductor company’s stock worth $368,000 after buying an additional 157 shares in the last quarter. Finally, Compound Planning Inc. grew its position in onsemi by 3.9% in the first quarter. Compound Planning Inc. now owns 4,733 shares of the semiconductor company’s stock worth $293,000 after buying an additional 179 shares during the last quarter. 97.70% of the stock is currently owned by hedge funds and other 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.