onsemi (NASDAQ:ON – Get Free Report) issued an update on its second quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.650-0.770 for the period, compared to the consensus earnings per share estimate of 0.660. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion.
onsemi Stock Down 1.0%
Shares of ON traded down $0.99 during mid-day trading on Monday, reaching $102.04. The company had a trading volume of 16,824,141 shares, compared to its average volume of 9,251,585. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.98 and a current ratio of 4.52. The firm has a 50-day moving average price of $69.72 and a 200 day moving average price of $60.97. onsemi has a 52 week low of $37.19 and a 52 week high of $105.00. The company has a market capitalization of $40.14 billion, a price-to-earnings ratio of 300.13, a price-to-earnings-growth ratio of 1.05 and a beta of 1.94.
onsemi (NASDAQ:ON – Get Free Report) last posted its quarterly 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 firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.49 billion. onsemi had a return on equity of 12.22% and a net margin of 2.02%.onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, sell-side analysts forecast that onsemi will post 2.9 EPS for the current year.
Analyst Ratings Changes
Check Out Our Latest Research Report on onsemi
Insider Activity at onsemi
In related news, CFO Trent Thad sold 60,000 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $71.22, for a total value of $4,273,200.00. Following the transaction, the chief financial officer directly owned 339,460 shares of the company’s stock, valued at approximately $24,176,341.20. This represents a 15.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Hassane El-Khoury sold 20,000 shares of the company’s 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 directly owned 1,015,610 shares in the company, valued at $74,159,842.20. This trade represents a 1.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 146,114 shares of company stock valued at $11,282,308. 0.35% of the stock is owned by corporate insiders.
More onsemi News
Here are the key news stories impacting onsemi this week:
- Positive Sentiment: Q1 beat and stronger margins — onsemi reported non‑GAAP EPS of $0.64 (above consensus) and high gross/non‑GAAP operating margins, showing improving profitability as demand strengthened. onsemi Reports First Quarter 2026 Results
- Positive Sentiment: Raised Q2 outlook — management set Q2 EPS guidance of $0.65–$0.77 (vs. consensus ~$0.66) and revenue guidance of $1.5–$1.6B, which implies recovery momentum and helped limit downside. Chipmaker Onsemi forecasts quarterly revenue above estimates
- Positive Sentiment: Strong end markets: company commentary and coverage highlight resilient auto demand and AI/data‑center rebuilds as key drivers — a structural boost to analog/power chips demand. ON Semiconductor Narrows First-Quarter Loss on AI Data-Center Demand
- Neutral Sentiment: Share buybacks and cash returns — onsemi repurchased ~$346M in the quarter (~160% of free cash flow), which supports EPS and signals capital‑allocation confidence but reduces cash flexibility. onsemi Reports First Quarter 2026 Results
- Neutral Sentiment: Mixed headline metrics — revenue came in roughly in line to slightly below some estimates depending on the source (around $1.51B), and GAAP results still showed a small loss, so fundamentals are improving but not uniformly. ON SEMICONDUCTOR Releases Q1 2026 Earnings
- Negative Sentiment: Post‑earnings volatility and after‑hours weakness — the stock dropped in after‑hours trading, increasing intraday volume and short‑term volatility for holders. ON SEMICONDUCTOR Releases Q1 2026 Earnings
- Negative Sentiment: Insider sales and stretched valuation — recent insider selling activity and a very high forward valuation (investors note steep multiples after a large YTD run) create risk if demand momentum softens. ON SEMICONDUCTOR Releases Q1 2026 Earnings
Institutional Investors Weigh In On onsemi
A number of hedge funds have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. raised its stake in onsemi by 7.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock valued at $639,716,000 after buying an additional 877,533 shares during the last quarter. Rafferty Asset Management LLC raised its stake in onsemi by 55.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after buying an additional 2,072,125 shares during the last quarter. Two Sigma Investments LP raised its stake in onsemi by 636.1% during the 3rd quarter. Two Sigma Investments LP now owns 3,749,751 shares of the semiconductor company’s stock valued at $184,900,000 after buying an additional 3,240,375 shares during the last quarter. Voloridge Investment Management LLC raised its stake in onsemi by 53.3% during the 3rd quarter. Voloridge Investment Management LLC now owns 3,331,427 shares of the semiconductor company’s stock valued at $164,273,000 after buying an additional 1,157,962 shares during the last quarter. Finally, Legal & General Group Plc raised its stake in onsemi by 3.0% during the 3rd quarter. Legal & General Group Plc now owns 2,836,802 shares of the semiconductor company’s stock valued at $139,883,000 after buying an additional 83,107 shares during the last quarter. 97.70% of the stock is currently owned by hedge funds and other institutional investors.
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.
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