onsemi (NASDAQ:ON) Receives Average Rating of “Hold” from Analysts

Shares of onsemi (NASDAQ:ON) have been assigned an average recommendation of “Hold” from the thirty ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $102.3462.

Several brokerages have recently weighed in on ON. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of onsemi in a report on Tuesday, May 5th. Zacks Research upgraded shares of onsemi from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. Rosenblatt Securities lifted their price objective on shares of onsemi from $60.00 to $85.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Barclays lifted their price objective on shares of onsemi from $75.00 to $100.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Finally, Stifel Nicolaus lifted their price target on shares of onsemi from $90.00 to $107.00 and gave the stock a “hold” rating in a research note on Wednesday.

onsemi Price Performance

onsemi stock opened at $90.65 on Friday. onsemi has a 12-month low of $44.56 and a 12-month high of $134.92. The stock has a market capitalization of $35.53 billion, a P/E ratio of 64.29, a P/E/G ratio of 0.81 and a beta of 1.97. The firm’s 50-day moving average is $110.67 and its two-hundred day moving average is $78.83. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.87 and a quick ratio of 3.14.

onsemi (NASDAQ:ON) last released 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 for the quarter, compared to analysts’ expectations of $1.49 billion. During the same period last year, the company earned $0.55 EPS. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Equities analysts predict that onsemi will post 3.09 earnings per share for the current year.

Insider Buying and Selling

In other onsemi news, CFO Trent Thad sold 30,000 shares of onsemi stock in a transaction 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 completion of the transaction, the chief financial officer owned 301,194 shares of the company’s stock, valued at $28,011,042. The trade was a 9.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On onsemi

Several hedge funds and other institutional investors have recently modified their holdings of the company. Janus Henderson Group PLC boosted its holdings in shares of onsemi by 10.9% during the first quarter. Janus Henderson Group PLC now owns 13,700,884 shares of the semiconductor company’s stock valued at $848,392,000 after acquiring an additional 1,345,894 shares during the period. Ameriprise Financial Inc. boosted its position in shares of 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 purchasing an additional 877,533 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of onsemi by 8.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,363,805 shares of the semiconductor company’s stock valued at $360,828,000 after purchasing an additional 474,725 shares in the last quarter. Norges Bank bought a new position in shares of onsemi during the 4th quarter valued at about $330,885,000. Finally, Rafferty Asset Management LLC raised its holdings 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 worth $305,943,000 after buying an additional 2,072,125 shares during the period. Institutional investors and hedge funds own 97.70% of the company’s stock.

Key onsemi News

Here are the key news stories impacting onsemi this week:

• Negative Sentiment: The Synaptics deal is onsemi’s largest acquisition ever, and the market is worried about valuation, integration risk, and whether the benefits will justify the price. The $7 Billion Reason ON Semiconductor Stock Is Down Today
• Negative Sentiment: Because the transaction is all stock, existing shareholders face dilution, and some analysts said the deal adds complexity to an already complicated business model. ON Semi tanks 20% following Synaptics deal as CEO defends core business
• Neutral Sentiment: Management says the acquisition expands onsemi’s addressable market, strengthens its edge-AI and connectivity portfolio, and should be accretive to non-GAAP EPS within about 18 months if synergies are realized. onsemi to Acquire Synaptics to Enable the Next Generation of Intelligent Systems for Physical AI
• Neutral Sentiment: Separately, onsemi recently updated Q2 2026 guidance with EPS and revenue ranges that were roughly in line to slightly below expectations, which may be adding to investor caution. Why Is ON Semiconductor Stock Falling On Friday?

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.