onsemi (NASDAQ:ON) Stock Has Average Price Target of $92.68 According to Analysts

Shares of onsemi (NASDAQ:ON) have been given an average rating of “Moderate Buy” by the thirty-one brokerages that are covering the stock, Marketbeat reports. Sixteen equities research analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $92.68.

ON has been the topic of several analyst reports. TD Cowen cut their target price on onsemi from $95.00 to $75.00 and set a “hold” rating on the stock in a research note on Monday, October 19th. Rosenblatt Securities reissued a “neutral” rating and set a $85.00 price target on shares of onsemi in a research report on Thursday, September 17th. Weiss Ratings upgraded shares of onsemi from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 7th. Robert W. Baird raised their price target on shares of onsemi from $100.00 to $108.00 and gave the company a “neutral” rating in a report on Tuesday, August 4th. Finally, Citigroup cut their price objective on shares of onsemi from $120.00 to $98.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th.

Insider Buying and Selling

In other onsemi news, insider Sudhir Gopalswamy sold 15,578 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $80.00, for a total value of $1,246,240.00. Following the completion of the sale, the insider directly owned 158,177 shares in the company, valued at $12,654,160. This trade represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is owned by insiders.

Hedge Funds Weigh In On onsemi

Institutional investors and hedge funds have recently bought and sold shares of the company. Ninety One UK Ltd purchased a new stake in shares of onsemi during the 3rd quarter valued at $36,000. Ascentis Independent Advisors acquired a new stake in shares of onsemi in the 1st quarter worth $36,000. Root Financial Partners LLC grew its stake in onsemi by 39.4% during the 1st quarter. Root Financial Partners LLC now owns 701 shares of the semiconductor company’s stock worth $43,000 after buying an additional 198 shares during the last quarter. Compass Financial Management LLC purchased a new position in onsemi during the 2nd quarter worth $67,000. Finally, IFP Advisors Inc grew its stake in onsemi by 74.1% during the 2nd quarter. IFP Advisors Inc now owns 1,327 shares of the semiconductor company’s stock worth $125,000 after buying an additional 565 shares during the last quarter. 97.70% of the stock is owned by hedge funds and other institutional investors.

onsemi Stock Up 2.5%

Shares of NASDAQ ON opened at $74.06 on Friday. 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 stock has a market capitalization of $28.83 billion, a PE ratio of 47.47, a price-to-earnings-growth ratio of 0.60 and a beta of 2.05. The stock’s fifty day simple moving average is $75.01 and its two-hundred day simple moving average is $81.68. onsemi has a 12-month low of $44.56 and a 12-month high of $134.92.

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. The business had revenue of $1.60 billion for 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 business’s revenue was up 9.2% compared to the same quarter last year. During the same period last year, the business posted $0.53 EPS. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. As a group, analysts expect that onsemi will post 3.21 EPS for the current fiscal year.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi outperformed its semiconductor competitors during Monday’s strong trading session, suggesting favorable sector momentum may be supporting the stock. ON Semiconductor Corp. stock outperforms competitors on strong trading day
• Positive Sentiment: Analyst previews from Zacks and Yahoo Finance argue that onsemi has factors that could support an earnings beat, including expected earnings growth and the potential for results to exceed consensus estimates. The company’s latest reported quarter already surpassed forecasts, with revenue up 9.2% year over year and earnings of $0.74 per share versus the $0.72 consensus. ON Semiconductor Corp. earnings expected to grow
• Neutral Sentiment: One report says onsemi’s short interest rose sharply in October, but it simultaneously reports total short interest of zero shares and a zero-day short ratio. That internal inconsistency indicates a likely data-quality issue, so the item provides little reliable trading signal.
• Neutral Sentiment: Investors are awaiting the company’s next earnings release, which is expected shortly. onsemi previously guided to third-quarter 2026 earnings of $0.81–$0.93 per share, making execution against that range and the outlook for automotive and industrial semiconductor demand the key near-term catalysts. onsemi expected to release earnings

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.