B. Riley Financial Issues Pessimistic Forecast for onsemi (NASDAQ:ON) Stock Price

onsemi (NASDAQ:ON) had its price target cut by B. Riley Financial from $105.00 to $97.00 in a report released on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the semiconductor company’s stock. B. Riley Financial‘s price target would suggest a potential upside of 33.98% from the company’s current price.

Several other analysts also recently commented on ON. Stonex Financia raised shares of onsemi to a “strong-buy” rating in a research report on Wednesday, October 14th. Mizuho decreased their target price on shares of onsemi from $110.00 to $95.00 and set an “outperform” rating for the company in a report on Thursday, September 17th. Wells Fargo & Company dropped their target price on shares of onsemi from $100.00 to $90.00 and set an “overweight” rating on the stock in a research note on Tuesday. UBS Group reiterated a “neutral” rating on shares of onsemi in a report on Thursday, September 17th. Finally, Needham & Company LLC reissued a “buy” rating and set a $116.00 price target on shares of onsemi in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and fifteen have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.50.

onsemi Stock Up 3.3%

Shares of NASDAQ ON traded up $2.29 during trading on Tuesday, reaching $72.40. The company had a trading volume of 4,461,358 shares, compared to its average volume of 10,490,675. onsemi has a 12-month low of $44.56 and a 12-month high of $134.92. 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 business’s 50-day moving average is $74.67 and its 200 day moving average is $82.02. The stock has a market cap of $28.19 billion, a PE ratio of 46.65, a P/E/G ratio of 0.62 and a beta of 2.05.

onsemi (NASDAQ:ON) last posted its quarterly earnings results on Monday, November 2nd. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.02. The firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.71 billion. onsemi had a return on equity of 14.06% and a net margin of 10.17%. onsemi’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.63 EPS. As a group, equities analysts forecast that onsemi will post 3.21 earnings per share for the current fiscal year.

Insider Activity at onsemi

In related news, insider Sudhir Gopalswamy sold 15,578 shares of the stock in a transaction 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 sale, the insider directly owned 158,177 shares of the company’s stock, valued at $12,654,160. This trade represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 company insiders.

Hedge Funds Weigh In On onsemi

A number of hedge funds have recently bought and sold shares of the business. Provenance Wealth Advisors LLC lifted its stake in onsemi by 3,318.2% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 376 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 365 shares during the period. Ascentis Independent Advisors purchased a new position in shares of onsemi during the first quarter valued at approximately $36,000. Ninety One UK Ltd purchased a new position in shares of onsemi during the third quarter valued at approximately $36,000. Root Financial Partners LLC raised its holdings in shares of onsemi by 39.4% during the first quarter. Root Financial Partners LLC now owns 701 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 198 shares during the last quarter. Finally, Compass Financial Management LLC bought a new position in onsemi during the second quarter valued at approximately $67,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: AI growth outlook strengthened: onsemi agreed to acquire Ferric for $600 million in cash, plus up to $175 million in contingent consideration. The deal adds integrated voltage-regulator technology for next-generation AI processors and raises the company’s 2030 AI data-center revenue target by $500 million to more than $3 billion. onsemi to Acquire Ferric
• Positive Sentiment: Quarterly results topped expectations: third-quarter adjusted EPS was $0.90 versus the $0.88 consensus, while revenue rose 11.1% year over year to approximately $1.72 billion, slightly ahead of estimates. Cash flow also improved, with operating cash flow up 23% and free cash flow up 31%. onsemi Reports Third Quarter 2026 Results
• Positive Sentiment: Fourth-quarter guidance was above consensus at the midpoint: onsemi forecast adjusted EPS of $0.95-$1.07 and revenue of $1.7-$1.8 billion, compared with analyst estimates of $0.96 EPS and $1.7 billion in revenue. Why Is ON Semiconductor Stock Gaining Tuesday?
• Neutral Sentiment: Analyst sentiment was mixed: Craig Hallum upgraded onsemi from Hold to Buy with an $85 target, while Cantor Fitzgerald maintained Neutral with a $90 target. These targets remain above the current trading level but indicate continued debate over the pace of recovery.
• Negative Sentiment: Rosenblatt Securities lowered its price target from $85 to $80 and retained a Neutral rating. Investors also initially focused on the possibility that the earnings beat and AI opportunity were not large enough to fully justify elevated expectations. onsemi Q3 results and Ferric deal

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.