onsemi (NASDAQ:ON) Issues Q2 2026 Earnings Guidance

onsemi (NASDAQ:ON) updated its second quarter 2026 earnings guidance on Monday. The company provided EPS guidance of 0.650-0.770 for the period, compared to the consensus EPS 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.

Analyst Ratings Changes

Several brokerages recently weighed in on ON. UBS Group restated a “neutral” rating on shares of onsemi in a research note on Monday, February 2nd. TD Cowen restated a “buy” rating on shares of onsemi in a research note on Tuesday. Stifel Nicolaus increased their target price on onsemi from $50.00 to $60.00 and gave the company a “hold” rating in a research note on Friday, January 16th. Bank of America upgraded onsemi from a “neutral” rating to a “buy” rating and increased their target price for the company from $70.00 to $85.00 in a research note on Monday, April 13th. Finally, Jefferies Financial Group restated a “buy” rating on shares of onsemi in a research note on Tuesday. Fifteen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $78.31.

onsemi Stock Performance

onsemi stock traded up $1.43 during trading hours on Tuesday, hitting $103.47. The stock had a trading volume of 6,084,737 shares, compared to its average volume of 9,205,495. The company has a 50-day moving average of $69.72 and a two-hundred day moving average of $60.97. The company has a quick ratio of 2.98, a current ratio of 4.52 and a debt-to-equity ratio of 0.39. The company has a market cap of $40.70 billion, a PE ratio of 306.15, a price-to-earnings-growth ratio of 1.05 and a beta of 1.94. onsemi has a fifty-two week low of $37.19 and a fifty-two week high of $105.81.

onsemi (NASDAQ:ON) last posted its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.61 by $0.03. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.49 billion. onsemi had a return on equity of 12.22% and a net margin of 2.02%.The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, equities research analysts anticipate that onsemi will post 2.9 EPS for the current fiscal year.

Insider Transactions at onsemi

In other news, CFO Trent Thad sold 60,000 shares of the 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 completion of 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Hassane El-Khoury sold 20,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was 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 of the company’s stock, valued at approximately $74,159,842.20. The trade was a 1.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 146,114 shares of company stock valued at $11,282,308. Corporate insiders own 0.35% of the company’s stock.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Q1 results beat Wall Street: onsemi reported Q1 revenue of ~$1.513B and non-GAAP EPS of $0.64, topping analyst estimates and showing year-over-year revenue growth. onsemi Reports First Quarter 2026 Results
• Positive Sentiment: Stronger-than-expected Q2 guidance: management gave EPS guidance (0.650–0.770) and revenue guidance with a midpoint above consensus, citing resilient automotive and data?center demand. That underpins the recovery thesis. Chipmaker Onsemi forecasts quarterly revenue above estimates on resilient auto demand
• Positive Sentiment: Capital return and buybacks: the company repurchased about $346M of stock in the quarter, supporting shareholder value and reducing float. onsemi Reports First Quarter 2026 Results
• Neutral Sentiment: Demand mix: management and press coverage point to strengthening AI/data?center and automotive (SiC) demand — positive structurally but still early in the recovery, so cadence matters. ON Semiconductor Narrows 1Q Loss on AI Data-Center Demand
• Neutral Sentiment: Operational caveats: inventory levels rose and margins remain volatile even as revenue improves — monitor inventories and margin trend in coming quarters. onsemi (NASDAQ:ON) Beats Q1 Sales Targets But Inventory Levels Increase
• Negative Sentiment: Shares pulled back despite the beat: after the report some trading showed profit-taking and the stock slipped in premarket/after-hours — a sign investor expectations were very high going into the print. ON Semiconductor Beats Estimates but Shares Slip in Premarket Trading
• Negative Sentiment: Valuation and skepticism: some analysts retain caution (noting technology gaps and execution risk) and the stock’s rich multiples increase sensitivity to any execution miss. Expect volatility until results consistently prove the recovery. ON Semiconductor: Neutral Stance Maintained as Technology Gaps Temper Recovery Despite Higher $100 Price Target

Hedge Funds Weigh In On onsemi

A number of hedge funds have recently modified their holdings of the stock. Compound Planning Inc. acquired a new position in shares of onsemi in the 4th quarter worth approximately $247,000. Corient Private Wealth LLC raised its holdings in shares of onsemi by 35.1% in the 4th quarter. Corient Private Wealth LLC now owns 109,895 shares of the semiconductor company’s stock worth $5,951,000 after buying an additional 28,551 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in shares of onsemi in the 4th quarter worth approximately $418,000. Empowered Funds LLC raised its holdings in shares of onsemi by 9.3% in the 4th quarter. Empowered Funds LLC now owns 26,322 shares of the semiconductor company’s stock worth $1,425,000 after buying an additional 2,241 shares in the last quarter. Finally, Yaupon Capital Management LP bought a new stake in onsemi during the 4th quarter worth approximately $19,146,000. 97.70% of the stock is owned by institutional investors and hedge funds.

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.