ON Semiconductor (NASDAQ:ON) Price Target Raised to $55.00

ON Semiconductor (NASDAQ:ON) had its price objective lifted by investment analysts at Morgan Stanley from $52.00 to $55.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has an “equal weight” rating on the semiconductor company’s stock. Morgan Stanley’s price objective suggests a potential upside of 14.52% from the stock’s current price.

Several other research firms have also recently issued reports on ON. Needham & Company LLC upped their price target on shares of ON Semiconductor from $50.00 to $58.00 and gave the company a “buy” rating in a report on Monday, August 4th. Benchmark restated a “buy” rating on shares of ON Semiconductor in a research note on Tuesday. The Goldman Sachs Group initiated coverage on ON Semiconductor in a research note on Thursday, July 10th. They set a “neutral” rating and a $60.00 price objective on the stock. Cfra reissued a “buy” rating and set a $64.00 price target on shares of ON Semiconductor in a research report on Tuesday. Finally, Susquehanna reissued a “positive” rating and set a $65.00 price target (down from $75.00) on shares of ON Semiconductor in a research report on Tuesday, August 5th. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. According to data from MarketBeat.com, ON Semiconductor currently has a consensus rating of “Hold” and an average target price of $59.08.

ON Semiconductor Stock Down 4.8%

Shares of NASDAQ:ON traded down $2.44 during trading on Tuesday, hitting $48.03. The company’s stock had a trading volume of 4,623,821 shares, compared to its average volume of 9,585,409. The stock’s 50-day moving average price is $50.20 and its two-hundred day moving average price is $49.65. ON Semiconductor has a fifty-two week low of $31.04 and a fifty-two week high of $74.52. The company has a market capitalization of $19.64 billion, a PE ratio of 44.99, a PEG ratio of 2.58 and a beta of 1.49. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.37 and a current ratio of 5.02.

ON Semiconductor (NASDAQ:ON) last announced its earnings results on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the company posted $0.99 EPS. ON Semiconductor’s quarterly revenue was down 12.0% on a year-over-year basis. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. As a group, sell-side analysts expect that ON Semiconductor will post 2.6 EPS for the current year.

Insider Activity at ON Semiconductor

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total value of $768,300.00. Following the sale, the chief executive officer owned 977,814 shares in the company, valued at approximately $50,083,633.08. This trade represents a 1.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.31% of the company’s stock.

Institutional Trading of ON Semiconductor

Several large investors have recently added to or reduced their stakes in ON. Costello Asset Management INC acquired a new stake in ON Semiconductor in the 1st quarter valued at approximately $26,000. Private Trust Co. NA increased its holdings in shares of ON Semiconductor by 72.8% during the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 220 shares during the period. Quent Capital LLC acquired a new position in shares of ON Semiconductor during the third quarter valued at $28,000. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of ON Semiconductor by 68.7% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 235 shares during the period. Finally, Deseret Mutual Benefit Administrators increased its holdings in shares of ON Semiconductor by 62.3% during the third quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 218 shares during the period. 97.70% of the stock is currently owned by institutional investors and hedge funds.

ON Semiconductor 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.