ON Semiconductor Corporation (NASDAQ:ON) Receives $59.35 Average PT from Brokerages

Shares of ON Semiconductor Corporation (NASDAQ:ON) have earned an average rating of “Hold” from the twenty-nine analysts that are covering the firm, MarketBeat.com reports. Fifteen analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $59.3462.

A number of equities research analysts recently weighed in on ON shares. Robert W. Baird lifted their target price on ON Semiconductor from $48.00 to $56.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Williams Trading set a $60.00 price objective on ON Semiconductor in a report on Tuesday, November 4th. Morgan Stanley upped their target price on ON Semiconductor from $55.00 to $56.00 and gave the company an “equal weight” rating in a research note on Monday, November 24th. Bank of America decreased their price target on shares of ON Semiconductor from $56.00 to $52.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Finally, TD Cowen increased their price objective on shares of ON Semiconductor from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th.

Insider Buying and Selling

In other ON Semiconductor news, CFO Trent Thad sold 20,000 shares of ON Semiconductor stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the sale, the chief financial officer directly owned 379,448 shares of the company’s stock, valued at approximately $20,888,612.40. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.31% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On ON Semiconductor

Several hedge funds and other institutional investors have recently modified their holdings of ON. Private Trust Co. NA raised its stake in ON Semiconductor by 72.8% during the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 220 shares in the last quarter. Quent Capital LLC acquired a new stake in shares of ON Semiconductor during the 3rd quarter worth about $28,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in ON Semiconductor by 68.7% during the 3rd 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 last quarter. Deseret Mutual Benefit Administrators lifted its holdings in ON Semiconductor by 62.3% during the 3rd 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 last quarter. Finally, Trust Co. of Toledo NA OH acquired a new position in ON Semiconductor in the second quarter valued at about $29,000. Institutional investors own 97.70% of the company’s stock.

ON Semiconductor News Roundup

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Unusual options activity: call volume on ON has been above normal and described as directionally bullish, suggesting short-term traders are positioning for upside and adding buying pressure into the tape. ON Semiconductor call volume above normal and directionally bullish
• Positive Sentiment: Recent company results and guidance: ON beat Q3 estimates (EPS and revenue) and provided Q4 FY2025 EPS guidance of $0.570–$0.670; the beat + forward guide gives investors a clear near-term earnings framework and supports momentum. Strong liquidity (high quick/current ratios) and a solid return on equity further support confidence from fundamentals.
• Neutral Sentiment: Investor attention: coverage and screen interest have picked up (Zacks highlighted ON as attracting attention), which can amplify moves in either direction as funds and retail react. That attention improves liquidity but can increase volatility. ON Semiconductor Corporation (ON) is Attracting Investor Attention
• Negative Sentiment: Relative performance and valuation concerns: market commentary flagged ON underperforming competitors recently, and valuation looks rich on trailing multiples (high P/E) while revenue has faced year-over-year declines — a reminder investors may be watching whether earnings growth justifies the premium. Also, intraday volume is below the stock’s average, which can make price moves less sustainable if buy-side conviction fades. ON Semiconductor Corp. stock underperforms Monday when compared to competitors

ON Semiconductor Stock Up 0.4%

ON opened at $54.24 on Friday. The business has a 50 day moving average of $51.54 and a 200-day moving average of $52.06. The stock has a market capitalization of $21.82 billion, a price-to-earnings ratio of 70.44, a P/E/G ratio of 2.89 and a beta of 1.57. The company has a current ratio of 5.23, a quick ratio of 3.54 and a debt-to-equity ratio of 0.43. ON Semiconductor has a 1-year low of $31.04 and a 1-year high of $67.00.

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, topping analysts’ consensus estimates of $0.59 by $0.04. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the firm posted $0.99 earnings per share. ON Semiconductor’s revenue was down 12.0% compared to the same quarter last year. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. As a group, sell-side analysts anticipate that ON Semiconductor will post 2.6 earnings per share for the current year.

ON Semiconductor declared that its board has initiated a stock buyback program on Tuesday, November 18th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the semiconductor company to buy up to 32.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

ON Semiconductor Company Profile

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.