onsemi (NASDAQ:ON – Get Free Report) had its price objective upped by stock analysts at Cantor Fitzgerald from $95.00 to $100.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the semiconductor company’s stock. Cantor Fitzgerald’s target price would indicate a potential downside of 3.95% from the company’s current price.
A number of other brokerages also recently weighed in on ON. KeyCorp raised their target price on shares of onsemi from $65.00 to $75.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. UBS Group restated a “neutral” rating on shares of onsemi in a research note on Monday, February 2nd. Roth Mkm reaffirmed a “buy” rating on shares of onsemi in a research report on Tuesday, May 5th. Needham & Company LLC lifted their price objective on onsemi from $72.00 to $110.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, Jefferies Financial Group boosted their target price on onsemi from $73.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $88.81.
Check Out Our Latest Research Report on onsemi
onsemi Stock Performance
onsemi (NASDAQ:ON – Get Free Report) last issued 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. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period last year, the business earned $0.55 EPS. onsemi’s quarterly revenue was up 4.7% compared to the same quarter last year. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, equities analysts expect that onsemi will post 3.09 EPS for the current fiscal year.
Insider Transactions at onsemi
In other news, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction dated 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 owned 301,194 shares of the company’s stock, valued at $28,011,042. This represents a 9.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 transaction of $1,460,400.00. Following the sale, the chief executive officer directly owned 1,015,610 shares of the company’s stock, valued at approximately $74,159,842.20. This represents a 1.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 146,114 shares of company stock worth $11,282,308 over the last three months. 0.35% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the stock. Bellwether Advisors LLC purchased a new position in shares of onsemi during the 1st quarter valued at about $1,435,000. PNC Financial Services Group Inc. increased its holdings in onsemi by 5.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 67,415 shares of the semiconductor company’s stock worth $4,174,000 after acquiring an additional 3,256 shares in the last quarter. Oslo Pensjonsforsikring AS purchased a new position in onsemi during the first quarter valued at approximately $277,000. Baader Bank Aktiengesellschaft purchased a new position in onsemi during the first quarter valued at approximately $436,000. Finally, Meeder Advisory Services Inc. boosted its position in shares of onsemi by 31.6% in the first quarter. Meeder Advisory Services Inc. now owns 7,741 shares of the semiconductor company’s stock worth $479,000 after purchasing an additional 1,857 shares during the period. Institutional investors own 97.70% of the company’s stock.
More onsemi News
Here are the key news stories impacting onsemi this week:
- Positive Sentiment: onsemi’s recent quarterly results were solid, with EPS of $0.64 topping estimates and revenue of $1.51 billion also ahead of expectations, while AI data center revenue reportedly grew 30% sequentially, supporting the growth story.
- Positive Sentiment: Several analysts have raised or reaffirmed bullish views, including Roth Capital lifting its price target to $125 while maintaining a Buy rating, which reinforces confidence in the company’s longer-term AI and power semiconductor exposure.
- Neutral Sentiment: There is also some positioning noise ahead of onsemi’s annual stockholders meeting on May 14, which can lead to short-term trading around the event rather than a fundamental re-rating. Article Title
- Negative Sentiment: Shares are being weighed by a broader decline in semiconductor stocks tied to inflation concerns and higher energy prices, which is dragging down rate-sensitive growth names even without a new company-specific negative announcement.
- Negative Sentiment: One recent analysis also argued onsemi still faces a slowdown in silicon carbide demand and tougher competition in image sensors, suggesting some investors may be reassessing the durability of the growth narrative. Article Title
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.
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