onsemi (NASDAQ:ON) Earns “Neutral” Rating from Cantor Fitzgerald

onsemi (NASDAQ:ON)‘s stock had its “neutral” rating reissued by analysts at Cantor Fitzgerald in a research report issued on Monday,Benzinga reports. They presently have a $110.00 price objective on the semiconductor company’s stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 33.08% from the stock’s previous close.

A number of other equities analysts have also weighed in on ON. Stifel Nicolaus boosted their price target on shares of onsemi from $90.00 to $107.00 and gave the stock a “hold” rating in a research report on Wednesday, June 24th. Citigroup cut their price objective on shares of onsemi from $120.00 to $98.00 and set a “neutral” rating for the company in a report on Wednesday, August 5th. Robert W. Baird raised their target price on shares of onsemi from $100.00 to $108.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Wells Fargo & Company dropped their price target on onsemi from $130.00 to $110.00 and set an “overweight” rating for the company in a research report on Tuesday, August 4th. Finally, Barclays increased their price target on onsemi from $75.00 to $100.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $97.04.

onsemi Stock Performance

Shares of ON stock opened at $82.66 on Monday. The stock’s fifty day moving average is $96.21 and its two-hundred day moving average is $86.30. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.49 and a current ratio of 3.46. The firm has a market capitalization of $32.18 billion, a P/E ratio of 52.99, a PEG ratio of 0.68 and a beta of 2.03. onsemi has a fifty-two week low of $44.56 and a fifty-two week high of $134.92.

onsemi (NASDAQ:ON) last announced its earnings results on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.02. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the previous year, the company posted $0.53 EPS. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Research analysts expect that onsemi will post 3.23 earnings per share for the current fiscal year.

Hedge Funds Weigh In On onsemi

Several institutional investors and hedge funds have recently bought and sold shares of ON. Norges Bank acquired a new position in shares of onsemi in the 4th quarter valued at $330,885,000. Two Sigma Investments LP increased its position in shares of onsemi by 636.1% during the 3rd quarter. Two Sigma Investments LP now owns 3,749,751 shares of the semiconductor company’s stock worth $184,900,000 after purchasing an additional 3,240,375 shares during the last quarter. Rafferty Asset Management LLC increased its position in shares of onsemi by 55.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock worth $305,943,000 after purchasing an additional 2,072,125 shares during the last quarter. Marshall Wace LLP raised its holdings in onsemi by 23,784.8% in the 4th quarter. Marshall Wace LLP now owns 1,716,122 shares of the semiconductor company’s stock valued at $92,928,000 after buying an additional 1,708,937 shares during the period. Finally, Alliancebernstein L.P. raised its holdings in onsemi by 312.8% in the 2nd quarter. Alliancebernstein L.P. now owns 2,011,077 shares of the semiconductor company’s stock valued at $105,401,000 after buying an additional 1,523,866 shares during the period. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: The company’s latest reported quarter showed improving fundamentals: earnings per share came in at $0.74 versus the $0.72 consensus estimate, while revenue reached $1.60 billion, up 9.2% year over year. Management also issued third-quarter 2026 EPS guidance of $0.81–$0.93. onsemi stock and earnings information
• Neutral Sentiment: Recent headlines focused on unrelated companies, including biotechnology, retail, energy, and quantum-computing developments, and do not provide a direct catalyst for onsemi.
• Negative Sentiment: Despite the earnings beat, onsemi remains below its 50-day moving average of $96.21 and trades at a relatively elevated P/E ratio of about 53, leaving the shares vulnerable to valuation-driven selling if semiconductor momentum cools.

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.