onsemi (NASDAQ:ON) Given Consensus Recommendation of “Moderate Buy” by Analysts

onsemi (NASDAQ:ON) has earned an average rating of “Moderate Buy” from the thirty research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $92.00.

A number of research firms have recently commented on ON. Bank of America boosted their target price on shares of onsemi from $115.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Wall Street Zen raised shares of onsemi from a “hold” rating to a “buy” rating in a report on Monday, April 13th. Roth Mkm reaffirmed a “buy” rating on shares of onsemi in a report on Tuesday, May 5th. Zacks Research raised shares of onsemi from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Piper Sandler upped their price target on shares of onsemi from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th.

Key onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Vadzo Imaging launched the MerlinPlus-234CGS camera using onsemi’s AR0234 sensor, underscoring continued adoption of ON’s imaging technology in industrial/embedded applications.
• Positive Sentiment: Vadzo Imaging also introduced the Innova-821CRE camera based on onsemi’s AR0821 sensor, another sign of product momentum for ON in machine vision and AI-enabled hardware.
• Neutral Sentiment: Tradr ETFs launched new 2x leveraged semiconductor ETFs tied to ON Semiconductor, which could increase trading interest in the stock but does not change fundamentals.

Insider Buying and Selling at onsemi

In related news, insider Sudhir Gopalswamy sold 6,114 shares of the company’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $58.67, for a total value of $358,708.38. Following the sale, the insider directly owned 173,943 shares of the company’s stock, valued at $10,205,235.81. This represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of the sale, the chief financial officer directly owned 301,194 shares in the company, valued at $28,011,042. This represents a 9.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 66,114 shares of company stock worth $5,548,708 over the last ninety days. 0.35% of the stock is currently owned by corporate insiders.

Institutional Trading of onsemi

Several institutional investors have recently added to or reduced their stakes in the business. Janus Henderson Group PLC increased its stake in onsemi by 10.9% during the first quarter. Janus Henderson Group PLC now owns 13,700,884 shares of the semiconductor company’s stock valued at $848,392,000 after purchasing an additional 1,345,894 shares during the last quarter. Empowered Funds LLC increased its stake in onsemi by 814.1% during the first quarter. Empowered Funds LLC now owns 240,614 shares of the semiconductor company’s stock valued at $14,899,000 after purchasing an additional 214,292 shares during the last quarter. Quantinno Capital Management LP increased its stake in onsemi by 13.3% during the first quarter. Quantinno Capital Management LP now owns 788,484 shares of the semiconductor company’s stock valued at $48,823,000 after purchasing an additional 92,309 shares during the last quarter. Delta Global Management LP bought a new stake in onsemi during the first quarter valued at $7,198,000. Finally, OMERS ADMINISTRATION Corp increased its stake in onsemi by 97.2% during the first quarter. OMERS ADMINISTRATION Corp now owns 30,402 shares of the semiconductor company’s stock valued at $1,882,000 after purchasing an additional 14,983 shares during the last quarter. Institutional investors own 97.70% of the company’s stock.

onsemi Trading Up 6.4%

NASDAQ ON opened at $128.64 on Wednesday. The company’s fifty day simple moving average is $89.67 and its 200-day simple moving average is $69.68. onsemi has a 52 week low of $41.88 and a 52 week high of $130.48. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41. The stock has a market cap of $50.41 billion, a P/E ratio of 91.23, a PEG ratio of 1.08 and a beta of 1.97.

onsemi (NASDAQ:ON) last posted its earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the previous year, the company posted $0.55 earnings per share. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Equities research analysts predict that onsemi will post 3.09 EPS for the current fiscal year.

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.