onsemi (NASDAQ:ON) Downgraded by Zacks Research to “Hold”

Zacks Research cut shares of onsemi (NASDAQ:ON) from a strong-buy rating to a hold rating in a report published on Monday,Zacks.com reports.

Several other equities research analysts also recently commented on the stock. TD Cowen downgraded shares of onsemi from a “buy” rating to a “hold” rating and set a $110.00 target price for the company. in a research note on Friday, June 26th. Citigroup boosted their price target on shares of onsemi from $100.00 to $120.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Susquehanna upped their price objective on shares of onsemi from $120.00 to $140.00 and gave the company a “positive” rating in a research report on Friday, June 26th. B. Riley Financial lifted their target price on onsemi from $118.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Finally, Evercore reissued an “outperform” rating and issued a $137.00 target price on shares of onsemi in a research note on Friday, June 26th. Thirteen research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $101.19.

onsemi Stock Down 3.8%

Shares of onsemi stock opened at $91.10 on Monday. The business has a fifty day simple moving average of $111.18 and a 200 day simple moving average of $80.83. The stock has a market cap of $35.70 billion, a PE ratio of 64.61, a price-to-earnings-growth ratio of 0.84 and a beta of 2.01. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41. onsemi has a 12 month low of $44.56 and a 12 month high of $134.92.

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

Insider Buying and Selling at onsemi

In other news, CFO Trent Thad sold 30,000 shares of onsemi stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total value of $2,790,000.00. Following the sale, the chief financial officer directly owned 301,194 shares in the company, valued at $28,011,042. This trade represents a 9.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On onsemi

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. CVA Family Office LLC boosted its stake in shares of onsemi by 83.7% during the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock worth $26,000 after buying an additional 215 shares during the last quarter. Root Financial Partners LLC increased its position in shares of onsemi by 42.1% in the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 149 shares during the last quarter. DV Equities LLC bought a new stake in onsemi during the fourth quarter worth about $30,000. Ascentis Independent Advisors acquired a new position in onsemi during the first quarter valued at approximately $36,000. Finally, SHP Wealth Management acquired a new position in onsemi during the fourth quarter valued at approximately $32,000. 97.70% of the stock is owned by institutional investors.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi said the divestitures should improve its manufacturing cost structure and support gross margin expansion over time as it reallocates resources to higher-priority assets. Article title
• Positive Sentiment: Management is framing the changes as part of a broader Fab Right strategy, suggesting a more focused operating model rather than a growth slowdown. Article title
• Neutral Sentiment: Analyst coverage around onsemi remains generally constructive, with recent price targets still above the current share price range, but the stock appears to be reacting more to the restructuring headline than to a new earnings update.
• Negative Sentiment: The planned asset sales can also raise investor questions about execution risk, near-term disruption, and whether the company is trimming capacity in response to softer demand. Article title
• Negative Sentiment: A separate investor alert about a law-firm investigation may have added some overhang, even though it does not appear to be the primary driver of the move. Article title

onsemi 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. 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.