Brokerages Set onsemi (NASDAQ:ON) PT at $96.44

Shares of onsemi (NASDAQ:ON) have been given a consensus rating of “Moderate Buy” by the thirty ratings firms that are currently covering the stock, MarketBeat.com reports. Fifteen equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $96.44.

Several equities analysts recently issued reports on the company. Weiss Ratings upgraded onsemi from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Robert W. Baird lifted their price target on shares of onsemi from $100.00 to $108.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. Needham & Company LLC reduced their price target on shares of onsemi from $130.00 to $116.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Stifel Nicolaus raised their price objective on shares of onsemi from $90.00 to $107.00 and gave the stock a “hold” rating in a report on Wednesday, June 24th. Finally, Bank of America upped their target price on shares of onsemi from $115.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th.

onsemi Stock Performance

Shares of onsemi stock opened at $74.38 on Friday. The company has a market capitalization of $28.96 billion, a PE ratio of 47.68, a PEG ratio of 0.61 and a beta of 2.00. onsemi has a 12 month low of $44.56 and a 12 month high of $134.92. 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’s fifty day simple moving average is $83.54 and its 200 day simple moving average is $87.29.

onsemi (NASDAQ:ON) last posted its 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. onsemi had a return on equity of 14.06% and a net margin of 10.17%.The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the previous year, the firm earned $0.53 earnings per share. The company’s revenue was up 9.2% on a year-over-year basis. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, research analysts predict that onsemi will post 3.23 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ON. Root Financial Partners LLC boosted its position in onsemi by 42.1% during the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 149 shares during the last quarter. DV Equities LLC acquired a new stake in shares of onsemi in the fourth quarter valued at approximately $30,000. SHP Wealth Management acquired a new stake in shares of onsemi in the fourth quarter valued at approximately $32,000. Summit Securities Group LLC lifted its position in shares of onsemi by 346.3% in the fourth quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 464 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in shares of onsemi in the second quarter worth $32,000. 97.70% of the stock is currently owned by institutional investors.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: A Seeking Alpha analysis identified onsemi as a leading way to gain exposure to the emerging physical-AI market, highlighting its power-management and intelligent-sensing technologies as potential beneficiaries of broader automation and robotics adoption. Physical AI Series: Beyond Nvidia, Why ON Semiconductor Is My First Pick
• Positive Sentiment: A Forbes technical analysis said the recent pullback has brought onsemi’s bullish trendline into focus, suggesting the stock may be approaching a potentially important support area for momentum-oriented investors. ON Semiconductor Stock’s Pullback Puts Bullish Trendline In Focus
• Positive Sentiment: Vadzo Imaging validated camera products using onsemi image sensors, including the AR2020 and AR0234, with NVIDIA Jetson platforms. The announcements provide incremental evidence of onsemi’s sensor technology being used in industrial vision and edge-AI applications, although they do not represent disclosed revenue guidance. Vadzo Imaging Validates Bolt-2020CRH Onsemi Camera
• Neutral Sentiment: Wells Fargo lowered its price target for onsemi to $95 from $110 while maintaining an Overweight rating. The target reduction signals more cautious expectations, but the continued bullish rating indicates the analyst still sees meaningful upside from current levels. Wells Fargo Adjusts Price Target on ON Semiconductor

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.