ON Semiconductor (NASDAQ:ON) Issues Q1 2026 Earnings Guidance

ON Semiconductor (NASDAQ:ON) issued an update on its first quarter 2026 earnings guidance on Monday morning. The company provided EPS guidance of 0.560-0.660 for the period, compared to the consensus EPS estimate of 0.610. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion.

ON Semiconductor Trading Down 0.2%

ON stock traded down $0.10 during trading on Monday, hitting $65.10. The company had a trading volume of 12,859,942 shares, compared to its average volume of 9,778,023. The stock has a market cap of $26.19 billion, a PE ratio of 84.55, a PEG ratio of 2.83 and a beta of 1.56. The business has a 50-day moving average of $58.09 and a 200-day moving average of $52.93. 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 one year low of $31.04 and a one year high of $66.86.

ON Semiconductor (NASDAQ:ON) last issued its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.54 billion. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. Research analysts predict that ON Semiconductor will post 2.6 earnings per share for the current fiscal year.

ON Semiconductor declared that its board has initiated a stock repurchase plan on Tuesday, November 18th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the semiconductor company to buy up to 32.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

A number of brokerages have weighed in on ON. TD Cowen reiterated a “buy” rating on shares of ON Semiconductor in a report on Tuesday, November 4th. Citigroup raised their target price on ON Semiconductor from $54.00 to $66.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. UBS Group reissued a “neutral” rating on shares of ON Semiconductor in a research note on Monday, February 2nd. BNP Paribas Exane upgraded ON Semiconductor from a “strong sell” rating to a “hold” rating in a report on Thursday, January 22nd. Finally, Rosenblatt Securities reiterated a “neutral” rating and issued a $50.00 price objective on shares of ON Semiconductor in a research note on Tuesday, November 4th. Thirteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $61.30.

Insider Transactions at ON Semiconductor

In other ON Semiconductor news, CFO Trent Thad sold 20,000 shares of the company’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the transaction, the chief financial officer owned 379,448 shares in the company, valued at approximately $20,888,612.40. This represents a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.31% of the company’s stock.

Key ON Semiconductor News

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

• Positive Sentiment: Record cash generation and capital return — onsemi reported record free cash flow of about $1.4 billion for 2025 and authorized a new share repurchase program of up to $6 billion, signaling strong cash conversion and shareholder return capacity. onsemi Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Product and manufacturing progress — company introduced vertical GaN (vGaN) power semiconductors and announced collaborations (Innoscience, GlobalFoundries) to scale GaN production, which supports longer-term growth in automotive/industrial power markets. onsemi Reports Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Quarterly guidance provided — management gave Q1 2026 revenue guidance of $1,435M–$1,535M and non‑GAAP EPS guidance roughly $0.56–$0.66 (GAAP $0.28–$0.38), so investors now have a range to model near-term performance. View Press Release (slides/press PDF)
• Negative Sentiment: Revenue miss and segment weakness — Q4 revenue fell to $1.53B (down ~11% YoY), missing several street estimates; the firm’s largest segments posted declines (as much as ~17%), driven by a persistent inventory glut and weak power/analog demand. Chipmaker Onsemi misses quarterly revenue estimates, shares fall
• Negative Sentiment: Profitability and earnings pressure — GAAP diluted EPS plunged year‑over‑year (GAAP $0.45 in Q4 vs much higher a year ago) and gross/operating margins declined versus 2024, highlighting margin compression and lower operating leverage. Analysts flagged the quarter as mixed. On Semiconductor Fourth-Quarter Sales Fall on Persistent Weakness in Power, Analog Units
• Negative Sentiment: Market reaction and insider activity — the stock dropped after the print as investors focused on the revenue miss and lower GAAP profitability; recent insider sales were noted in filings, which can exacerbate negative sentiment. ON Semiconductor Corporation (ON) Stock Falls on Q4 2025 Earnings

Institutional Trading of ON Semiconductor

Several institutional investors and hedge funds have recently made changes to their positions in ON. Sunbelt Securities Inc. lifted its position in shares of ON Semiconductor by 13.7% during the third quarter. Sunbelt Securities Inc. now owns 1,950 shares of the semiconductor company’s stock valued at $96,000 after purchasing an additional 235 shares in the last quarter. Vise Technologies Inc. lifted its position in shares of ON Semiconductor by 4.0% during the 3rd quarter. Vise Technologies Inc. now owns 11,394 shares of the semiconductor company’s stock worth $562,000 after buying an additional 439 shares in the last quarter. Blair William & Co. IL boosted its stake in shares of ON Semiconductor by 9.4% in the 3rd quarter. Blair William & Co. IL now owns 5,763 shares of the semiconductor company’s stock worth $284,000 after buying an additional 497 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of ON Semiconductor by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after buying an additional 507 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new position in shares of ON Semiconductor in the second quarter valued at approximately $32,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

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.