Wall Street Zen upgraded shares of ON Semiconductor (NASDAQ:ON – Free Report) from a hold rating to a buy rating in a report issued on Monday morning.
Several other research analysts have also commented on ON. Rosenblatt Securities raised their price objective on shares of ON Semiconductor from $50.00 to $60.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Citigroup upped their target price on shares of ON Semiconductor from $66.00 to $68.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. Cantor Fitzgerald reissued a “neutral” rating and issued a $60.00 price target on shares of ON Semiconductor in a research report on Tuesday, February 10th. JPMorgan Chase & Co. boosted their price target on shares of ON Semiconductor from $56.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. Finally, Wells Fargo & Company upped their price objective on ON Semiconductor from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. Thirteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, ON Semiconductor presently has an average rating of “Hold” and a consensus target price of $64.96.
Read Our Latest Analysis on ON
ON Semiconductor Price Performance
ON Semiconductor (NASDAQ:ON – Get Free Report) last announced its earnings results on Monday, February 9th. The semiconductor company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. The company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.54 billion. ON Semiconductor had a return on equity of 12.22% and a net margin of 2.02%.ON Semiconductor’s revenue for the quarter was down 11.2% on a year-over-year basis. During the same period last year, the business posted $0.95 EPS. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. On average, sell-side analysts anticipate that ON Semiconductor will post 2.6 EPS for the current year.
Insider Activity at ON Semiconductor
In related news, CEO Hassane El-Khoury sold 20,000 shares of ON Semiconductor stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $73.02, for a total value of $1,460,400.00. Following the completion of the transaction, the chief executive officer owned 1,015,610 shares in the company, valued at $74,159,842.20. The trade was a 1.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Sudhir Gopalswamy sold 6,114 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the transaction, the insider owned 173,943 shares of the company’s stock, valued at $10,205,235.81. This trade represents a 3.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 86,114 shares of company stock valued at $6,092,308 over the last 90 days. 0.35% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On ON Semiconductor
Several large investors have recently bought and sold shares of the business. Corient Private Wealth LLC boosted its position in shares of ON Semiconductor by 18.2% during the 4th quarter. Corient Private Wealth LLC now owns 96,120 shares of the semiconductor company’s stock worth $5,205,000 after acquiring an additional 14,776 shares in the last quarter. Pure Financial Advisors LLC acquired a new stake in shares of ON Semiconductor during the 4th quarter worth about $213,000. SHP Wealth Management acquired a new stake in shares of ON Semiconductor during the 4th quarter worth about $32,000. Kera Capital Partners Inc. lifted its stake in ON Semiconductor by 14.3% during the fourth quarter. Kera Capital Partners Inc. now owns 7,391 shares of the semiconductor company’s stock worth $443,000 after purchasing an additional 922 shares during the last quarter. Finally, Compound Planning Inc. purchased a new stake in ON Semiconductor during the fourth quarter worth approximately $247,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.
Key ON Semiconductor News
Here are the key news stories impacting ON Semiconductor this week:
- Positive Sentiment: BofA upgraded ON to a “Buy” and raised its price target to $85, citing ON’s AI pipeline (Treo family), AI power products and a large capital return plan (BofA flagged ~$6B in buybacks over three years) — this is the main catalyst behind today’s upside. BofA Elevates ON Semiconductor (ON) Stock to Buy With $85 Target Amid AI Growth
- Positive Sentiment: Sector tailwind: semiconductor stocks are seeing multi‑day gains as the AI rally broadens — investors are rotating into AI‑exposed chip names, helping ON catch flows even before company‑specific upgrades. Semiconductor stocks eye best 9-day stretch in 24 years as AI rally powers on
- Neutral Sentiment: Analyst discussion and buy notes continue to appear across outlets (BofA, Barchart coverage); these notes tend to boost short‑term momentum but may already be priced in given recent gains. On Semiconductor Pops on Analyst Upgrade. Should You Buy ON Stock Here?
- Neutral Sentiment: Valuation debate: recent coverage (including a valuation piece) notes strong momentum but flags stretched multiples — investors should weigh growth prospects from AI versus a high current P/E. Assessing ON Semiconductor (ON) Valuation After Recent Share Price Momentum
- Negative Sentiment: Fundamentals remain mixed: ON beat EPS ($0.64 vs. $0.62 est.) but revenue fell ~11% year‑over‑year and slightly missed estimates; margins and a low net margin (around 2%) plus a high P/E (~209) leave the stock vulnerable to profit‑taking if AI optimism fades. Q1 guidance is a range (EPS $0.560–0.660), implying execution risk. ON Semiconductor Corporation
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.
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