onsemi (NASDAQ:ON) Releases Q2 2026 Earnings Guidance

onsemi (NASDAQ:ON) issued an update on its second quarter 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.650-0.770 for the period, compared to the consensus EPS estimate of 0.710. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion.

onsemi Trading Down 23.7%

NASDAQ ON opened at $90.65 on Friday. onsemi has a one year low of $44.56 and a one year high of $134.92. The company has a 50-day simple moving average of $110.67 and a 200-day simple moving average of $78.83. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87. The firm has a market capitalization of $35.53 billion, a PE ratio of 64.29, a price-to-earnings-growth ratio of 1.06 and a beta of 1.97.

onsemi (NASDAQ:ON) last released its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the business earned $0.55 earnings per share. onsemi’s quarterly revenue was up 4.7% on a year-over-year basis. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, equities analysts forecast that onsemi will post 3.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. increased their price objective on shares of onsemi from $70.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Robert W. Baird upped their target price on shares of onsemi from $56.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Morgan Stanley raised their price target on shares of onsemi from $85.00 to $87.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. TD Cowen lowered shares of onsemi from a “buy” rating to a “hold” rating and set a $110.00 price target on the stock. in a research note on Friday. Finally, Jefferies Financial Group lifted their price target on onsemi from $73.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $102.35.

Insider Buying and Selling at onsemi

In related news, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total value of $2,790,000.00. Following the completion of the sale, the chief financial officer owned 301,194 shares of the company’s stock, valued at $28,011,042. This represents a 9.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by corporate insiders.

More onsemi News

Here are the key news stories impacting onsemi this week:

• Negative Sentiment: The Synaptics deal is onsemi’s largest acquisition ever, and the market is worried about valuation, integration risk, and whether the benefits will justify the price. The $7 Billion Reason ON Semiconductor Stock Is Down Today
• Negative Sentiment: Because the transaction is all stock, existing shareholders face dilution, and some analysts said the deal adds complexity to an already complicated business model. ON Semi tanks 20% following Synaptics deal as CEO defends core business
• Neutral Sentiment: Management says the acquisition expands onsemi’s addressable market, strengthens its edge-AI and connectivity portfolio, and should be accretive to non-GAAP EPS within about 18 months if synergies are realized. onsemi to Acquire Synaptics to Enable the Next Generation of Intelligent Systems for Physical AI
• Neutral Sentiment: Separately, onsemi recently updated Q2 2026 guidance with EPS and revenue ranges that were roughly in line to slightly below expectations, which may be adding to investor caution. Why Is ON Semiconductor Stock Falling On Friday?

Institutional Trading of onsemi

Institutional investors have recently made changes to their positions in the stock. Compound Planning Inc. bought a new stake in onsemi during the fourth quarter worth approximately $247,000. Corient Private Wealth LLC boosted its stake in onsemi by 35.1% during the 4th quarter. Corient Private Wealth LLC now owns 109,895 shares of the semiconductor company’s stock valued at $5,951,000 after purchasing an additional 28,551 shares in the last quarter. EP Wealth Advisors LLC bought a new position in onsemi during the 4th quarter valued at $418,000. Empowered Funds LLC increased its position in shares of onsemi by 9.3% during the 4th quarter. Empowered Funds LLC now owns 26,322 shares of the semiconductor company’s stock valued at $1,425,000 after purchasing an additional 2,241 shares during the period. Finally, Yaupon Capital Management LP acquired a new position in shares of onsemi during the 4th quarter valued at $19,146,000. 97.70% of the stock is owned by institutional investors and hedge funds.

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.