onsemi (NASDAQ:ON) Stock Price Target Cut by TD Cowen

onsemi (NASDAQ:ON) had its price target cut by equities research analysts at TD Cowen from $95.00 to $75.00 in a research report issued on Monday, Benzinga reports. The firm presently has a “hold” rating on the semiconductor company’s stock. TD Cowen’s price objective points to a potential upside of 2.57% from the company’s previous close.

Other equities research analysts have also recently issued reports about the stock. Stonex Financia raised shares of onsemi to a “strong-buy” rating in a research report on Wednesday, October 14th. Mizuho dropped their price target on shares of onsemi from $110.00 to $95.00 and set an “outperform” rating for the company in a research report on Thursday, September 17th. Wells Fargo & Company upped their price target on shares of onsemi from $85.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, October 2nd. Seaport Research Partners began coverage on shares of onsemi in a research note on Tuesday, September 22nd. They set a “buy” rating and a $100.00 price target on the stock. Finally, UBS Group reiterated a “neutral” rating on shares of onsemi in a report on Thursday, September 17th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and sixteen have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $94.76.

onsemi Stock Up 1.5%

Shares of NASDAQ:ON opened at $73.12 on Monday. The stock’s 50-day moving average price is $75.63 and its two-hundred day moving average price is $89.98. The company has a current ratio of 3.46, a quick ratio of 2.49 and a debt-to-equity ratio of 0.51. onsemi has a 12-month low of $44.56 and a 12-month high of $134.92. The firm has a market cap of $28.47 billion, a price-to-earnings ratio of 46.87, a PEG ratio of 0.59 and a beta of 2.05.

onsemi (NASDAQ:ON) last posted its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter in the prior year, the company posted $0.53 EPS. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, research analysts forecast that onsemi will post 3.21 EPS for the current year.

Insider Activity at onsemi

In other news, insider Sudhir Gopalswamy sold 15,578 shares of onsemi stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $80.00, for a total value of $1,246,240.00. Following the transaction, the insider directly owned 158,177 shares of the company’s stock, valued at $12,654,160. The trade was a 8.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by company insiders.

Institutional Trading of onsemi

Institutional investors and hedge funds have recently bought and sold shares of the business. SteelPeak Wealth LLC lifted its position in onsemi by 19.1% during the third quarter. SteelPeak Wealth LLC now owns 9,526 shares of the semiconductor company’s stock valued at $732,000 after buying an additional 1,528 shares in the last quarter. IFP Advisors Inc grew its stake in onsemi by 207.5% during the third quarter. IFP Advisors Inc now owns 4,081 shares of the semiconductor company’s stock worth $314,000 after buying an additional 2,754 shares during the period. Counterpoint Mutual Funds LLC purchased a new stake in onsemi during the third quarter worth approximately $10,637,000. TD Waterhouse Canada Inc. increased its position in shares of onsemi by 3,650.4% in the third quarter. TD Waterhouse Canada Inc. now owns 26,740 shares of the semiconductor company’s stock worth $2,140,000 after acquiring an additional 26,027 shares in the last quarter. Finally, Michael J. Porro & Co. Financial Advisors Inc. acquired a new stake in shares of onsemi in the third quarter worth $321,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: New buy rating: StoneX initiated coverage of onsemi with a “Buy” rating, providing fresh analyst support for the semiconductor maker. StoneX initiates coverage of ON Semiconductor with buy rating
• Positive Sentiment: Sensor validation supports product demand: Vadzo Imaging validated a 5-megapixel camera using onsemi’s HyperLux LP AR0544 color image sensor with Rockchip’s RV1126 platform for embedded-vision applications. The design win highlights onsemi’s positioning in industrial, automotive and edge-AI imaging markets. Vadzo Imaging Validates Bolt-544CRS 5MP Onsemi HyperLux LP AR0544 Color MIPI CSI-2 Camera
• Positive Sentiment: Long-term industry tailwind: A market report projects the global power-transistor market will grow from $15.6 billion in 2025 to $21.4 billion by 2032, driven by electric vehicles, renewable energy, smart grids and energy-efficient systems—markets relevant to onsemi’s silicon-carbide, gallium-nitride and power-management businesses. Power Transistors Global Strategic Business Report
• Neutral Sentiment: Investor attention remains elevated: Recent coverage notes that onsemi was among the heavily searched semiconductor stocks, which may increase trading interest but does not by itself change the company’s earnings outlook. Investors Heavily Search ON Semiconductor Corporation
• Negative Sentiment: Price-target cut signals caution: TD Cowen reduced its target for onsemi from $95 to $75, suggesting concerns about near-term demand, margins or the pace of semiconductor recovery. The new target is only modestly above the recent $73.12 close. TD Cowen Adjusts Price Target on ON Semiconductor to $75 From $95

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.