onsemi’s (ON) Neutral Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities restated their neutral rating on shares of onsemi (NASDAQ:ON) in a report released on Thursday morning,Benzinga reports. The firm currently has a $85.00 price objective on the semiconductor company’s stock.

A number of other brokerages have also recently issued reports on ON. Citigroup decreased their target price on onsemi from $120.00 to $98.00 and set a “neutral” rating for the company in a report on Wednesday, August 5th. Bank of America raised their price target on shares of onsemi from $115.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Wells Fargo & Company reduced their price target on shares of onsemi from $95.00 to $85.00 and set an “overweight” rating on the stock in a research report on Thursday. Weiss Ratings upgraded shares of onsemi from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, August 7th. Finally, UBS Group reissued a “neutral” rating and issued a $95.00 price objective on shares of onsemi in a research report on Monday, June 29th. Fifteen analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $94.76.

onsemi Price Performance

Shares of onsemi stock opened at $69.98 on Thursday. onsemi has a twelve month low of $44.56 and a twelve month high of $134.92. The stock has a market capitalization of $27.24 billion, a P/E ratio of 44.86, a PEG ratio of 0.57 and a beta of 2.00. The company has a current ratio of 3.46, a quick ratio of 2.49 and a debt-to-equity ratio of 0.51. The business’s fifty day moving average price is $79.12 and its 200 day moving average price is $87.30.

onsemi (NASDAQ:ON) last posted 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. 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 firm’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.53 earnings per share. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. As a group, research analysts anticipate that onsemi will post 3.23 earnings per share for the current year.

Hedge Funds Weigh In On onsemi

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Sequoia Financial Advisors LLC grew its position in onsemi by 1.7% in the second quarter. Sequoia Financial Advisors LLC now owns 20,170 shares of the semiconductor company’s stock valued at $1,907,000 after acquiring an additional 344 shares in the last quarter. Arlington Capital Management Inc. acquired a new position in shares of onsemi during the second quarter worth $246,000. WINTON GROUP Ltd acquired a new position in shares of onsemi during the second quarter worth $293,000. Engineers Gate Manager LP boosted its stake in shares of onsemi by 570.3% in the second quarter. Engineers Gate Manager LP now owns 304,377 shares of the semiconductor company’s stock valued at $28,776,000 after purchasing an additional 258,968 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of onsemi by 1.4% in the second quarter. Integrated Wealth Concepts LLC now owns 22,059 shares of the semiconductor company’s stock valued at $2,085,000 after purchasing an additional 298 shares during the period. 97.70% of the stock is owned by institutional investors and hedge funds.

Key onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi said its AI data-center business is expected to more than double in 2026 and outlined a path toward approximately $11 billion in revenue by 2030. Management identified power density as a major bottleneck for AI infrastructure, potentially creating demand for onsemi’s power-management products. ON Semiconductor Says AI Data Center Business Will More Than Double in 2026
• Positive Sentiment: The company launched its Embedded Power Platform, which integrates silicon, silicon carbide and gallium nitride technologies and is designed to deliver three to five times greater power density for AI data centers and electric vehicles. Subaru is evaluating the platform and has received early engineering access, providing a potential path to future automotive design wins. Subaru Partners With onsemi To Advance Power Architecture Integration
• Positive Sentiment: Several analysts remain constructive on the long-term opportunity. Needham reiterated a Buy rating with a $116 target, while Wells Fargo maintained Overweight with an $85 target. onsemi Buy Rating Reaffirmed

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.