onsemi (NASDAQ:ON) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of onsemi (NASDAQ:ON) have earned an average rating of “Moderate Buy” from the thirty research firms that are covering the company, MarketBeat Ratings reports. Fifteen research analysts have rated the stock with a hold recommendation and fifteen have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $96.44.

Several research analysts have recently commented on ON shares. Evercore reaffirmed an “outperform” rating and set a $137.00 target price on shares of onsemi in a report on Friday, June 26th. Citigroup reduced their price target on onsemi from $120.00 to $98.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Truist Financial set a $40.00 price objective on onsemi in a report on Wednesday, August 12th. Stifel Nicolaus upped their target price on onsemi from $90.00 to $107.00 and gave the company a “hold” rating in a research report on Wednesday, June 24th. Finally, Wells Fargo & Company decreased their price target on onsemi from $110.00 to $95.00 and set an “overweight” rating on the stock in a research report on Thursday, September 3rd.

Hedge Funds Weigh In On onsemi

Hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC raised 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 purchasing an additional 149 shares during the last quarter. DV Equities LLC acquired a new stake in shares of onsemi during the fourth quarter worth $30,000. SHP Wealth Management acquired a new position in onsemi in the fourth quarter valued at $32,000. Summit Securities Group LLC lifted its holdings in onsemi by 346.3% in the fourth quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 464 shares during the period. Finally, Darwin Wealth Management LLC bought a new stake in onsemi during the second quarter valued at $32,000. 97.70% of the stock is owned by institutional investors.

More onsemi News

Here are the key news stories impacting onsemi this week:

• Neutral Sentiment: Coverage from Yahoo Finance and Zacks primarily describes the session’s underperformance rather than identifying a specific fundamental trigger. Trading volume was above average, suggesting heightened investor activity. ON Semiconductor Falls More Steeply Than Broader Market Zacks ON Semiconductor Market Update
• Negative Sentiment: A Seeking Alpha commentary argues that onsemi’s prior AI-related portfolio-renewal thesis may have become a “bull trap,” reinforcing concerns about whether its strategic repositioning can generate sufficient growth. This is opinion-based analysis, not a new company announcement. ON Semiconductor’s Bull Trap Over
• Negative Sentiment: Investors may also be reassessing valuation and technical momentum. Based on the provided data, onsemi trades at a forward-looking valuation with a PE ratio above 45, while its share price is below both its 50-day and 200-day moving averages. That combination can encourage profit-taking and momentum-driven selling, even though the company recently exceeded quarterly EPS and revenue expectations.

onsemi Price Performance

Shares of ON opened at $71.08 on Friday. The company’s 50-day moving average is $82.78 and its 200-day moving average is $87.31. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.46 and a quick ratio of 2.49. The firm has a market capitalization of $27.67 billion, a PE ratio of 45.56, a PEG ratio of 0.61 and a beta of 2.00. onsemi has a fifty-two week low of $44.56 and a fifty-two week high of $134.92.

onsemi (NASDAQ:ON) last announced its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the prior year, the business earned $0.53 EPS. onsemi’s quarterly revenue was up 9.2% on a year-over-year basis. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Equities analysts forecast that onsemi will post 3.23 EPS for the current 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.