William Blair Lifts Earnings Estimates for ON Semiconductor

ON Semiconductor Corporation (NASDAQ:ON) – Equities researchers at William Blair upped their FY2025 earnings per share (EPS) estimates for shares of ON Semiconductor in a report released on Monday, November 3rd. William Blair analyst J. Dorsheimer now expects that the semiconductor company will earn $2.33 per share for the year, up from their prior estimate of $2.30. The consensus estimate for ON Semiconductor’s current full-year earnings is $2.60 per share. William Blair also issued estimates for ON Semiconductor’s Q4 2025 earnings at $0.62 EPS, Q1 2026 earnings at $0.58 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.68 EPS, Q4 2026 earnings at $0.72 EPS and FY2026 earnings at $2.60 EPS.

Other equities analysts also recently issued research reports about the company. Stifel Nicolaus upped their price target on ON Semiconductor from $42.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, July 18th. Truist Financial upped their price target on ON Semiconductor from $49.00 to $51.00 and gave the stock a “hold” rating in a research report on Tuesday. TD Cowen upped their price target on ON Semiconductor from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday. UBS Group upped their price target on ON Semiconductor from $50.00 to $55.00 and gave the stock a “neutral” rating in a research report on Monday, October 27th. Finally, JPMorgan Chase & Co. upped their price target on ON Semiconductor from $48.00 to $56.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $59.08.

ON Semiconductor Trading Up 3.7%

NASDAQ:ON opened at $50.08 on Thursday. ON Semiconductor has a twelve month low of $31.04 and a twelve month high of $74.52. The company has a quick ratio of 3.37, a current ratio of 5.02 and a debt-to-equity ratio of 0.42. The business has a 50 day moving average price of $50.12 and a two-hundred day moving average price of $49.75. The company has a market cap of $20.48 billion, a P/E ratio of 46.80, a price-to-earnings-growth ratio of 2.58 and a beta of 1.49.

ON Semiconductor (NASDAQ:ON) last posted its earnings results on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.04. ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the prior year, the business earned $0.99 EPS. ON Semiconductor’s revenue for the quarter 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.

Institutional Investors Weigh In On ON Semiconductor

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in ON Semiconductor by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 51,367,704 shares of the semiconductor company’s stock valued at $2,692,181,000 after purchasing an additional 243,238 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in ON Semiconductor by 7.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock valued at $639,716,000 after purchasing an additional 877,533 shares during the last quarter. Geode Capital Management LLC lifted its holdings in ON Semiconductor by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 11,296,301 shares of the semiconductor company’s stock valued at $590,383,000 after purchasing an additional 77,795 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in ON Semiconductor by 0.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,889,080 shares of the semiconductor company’s stock valued at $284,737,000 after purchasing an additional 53,748 shares during the last quarter. Finally, Rafferty Asset Management LLC lifted its holdings in ON Semiconductor by 55.0% during 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 purchasing an additional 2,072,125 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insider Activity at ON Semiconductor

In other news, CEO Hassane El-Khoury sold 15,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $51.22, for a total value of $768,300.00. Following the completion of the sale, the chief executive officer owned 977,814 shares of the company’s stock, valued at approximately $50,083,633.08. This represents a 1.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.31% of the company’s stock.

ON Semiconductor 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.