ON Semiconductor (NASDAQ:ON) Given Neutral Rating at Cantor Fitzgerald

ON Semiconductor (NASDAQ:ON)‘s stock had its “neutral” rating restated by investment analysts at Cantor Fitzgerald in a report released on Tuesday,Benzinga reports. They currently have a $60.00 price target on the semiconductor company’s stock. Cantor Fitzgerald’s target price points to a potential downside of 10.55% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. UBS Group restated a “neutral” rating on shares of ON Semiconductor in a research note on Monday, February 2nd. BNP Paribas Exane raised shares of ON Semiconductor from a “strong sell” rating to a “hold” rating in a report on Thursday, January 22nd. Stifel Nicolaus upped their target price on shares of ON Semiconductor from $50.00 to $60.00 and gave the company a “hold” rating in a report on Friday, January 16th. Bank of America increased their price target on shares of ON Semiconductor from $60.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 21st. Finally, Piper Sandler reissued an “overweight” rating on shares of ON Semiconductor in a research report on Tuesday. Eleven research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $62.23.

ON Semiconductor Stock Performance

NASDAQ:ON traded up $1.98 during trading hours on Tuesday, reaching $67.08. The company had a trading volume of 4,558,848 shares, compared to its average volume of 9,519,550. The firm has a market cap of $26.99 billion, a price-to-earnings ratio of 86.87, a PEG ratio of 2.83 and a beta of 1.56. The company has a current ratio of 5.23, a quick ratio of 3.54 and a debt-to-equity ratio of 0.43. The firm’s 50 day moving average price is $58.39 and its 200-day moving average price is $53.00. ON Semiconductor has a 52 week low of $31.04 and a 52 week high of $67.80.

ON Semiconductor (NASDAQ:ON) last released its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02. ON Semiconductor had a return on equity of 13.60% and a net margin of 5.16%.The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period last year, the business posted $0.95 EPS. The company’s revenue for the quarter was down 11.2% on a year-over-year basis. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. On average, analysts forecast that ON Semiconductor will post 2.6 EPS for the current year.

ON Semiconductor declared that its board has authorized a share buyback program on Tuesday, November 18th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the semiconductor company to repurchase up to 32.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at ON Semiconductor

In related news, CFO Trent Thad sold 20,000 shares of ON Semiconductor stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the transaction, the chief financial officer owned 379,448 shares in the company, valued at approximately $20,888,612.40. The trade was a 5.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.31% of the stock is owned by insiders.

Institutional Investors Weigh In On ON Semiconductor

Institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC grew its position in shares of ON Semiconductor by 187.9% during the first quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company’s stock worth $4,863,000 after purchasing an additional 79,206 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in ON Semiconductor by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after purchasing an additional 507 shares during the period. Blair William & Co. IL purchased a new stake in ON Semiconductor during the 2nd quarter valued at approximately $276,000. Callan Family Office LLC purchased a new stake in ON Semiconductor during the 2nd quarter valued at approximately $573,000. Finally, Aberdeen Group plc lifted its holdings in shares of ON Semiconductor by 7.5% in the second quarter. Aberdeen Group plc now owns 369,614 shares of the semiconductor company’s stock worth $19,371,000 after buying an additional 25,775 shares in the last quarter. 97.70% of the stock is owned by institutional investors.

More ON Semiconductor News

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Company generated record free cash flow ($1.4B for 2025) and authorized a new $6 billion share repurchase program, which supports shareholder returns and EPS leverage. onsemi Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Product/technology progress: introduced vertical GaN power semiconductors and announced collaboration/MoU with GlobalFoundries and Innoscience to scale GaN — potential long-term margin and market-share upside in automotive, industrial and AI power. onsemi Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Several analysts raised price targets or reiterated constructive views after the quarter (Needham raised its target and kept a Buy; other firms increased targets), reflecting confidence in margin recovery and product pipeline. These Analysts Revise Their Forecasts On ON Semiconductor After Q4 Results
• Neutral Sentiment: Q4 non-GAAP EPS was roughly in line/beat consensus (non-GAAP $0.64 vs. $0.62 estimate) but GAAP metrics and YoY comparisons remain weak; the quarter contained one-time items and restructuring charges that complicate comparability. ON Semiconductor Corp. (ON) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
• Neutral Sentiment: Some analysts trimmed expectations or moved to Hold (Truist raised its target but kept a Hold); expect mixed analyst sentiment near-term as data and guidance are parsed. Analyst Note: Truist / Benzinga summary
• Negative Sentiment: Revenue declined ~11% YoY to $1.53B and missed estimates; the company’s largest segments remain under pressure from inventory destocking and weaker end-market demand. That top-line weakness is the primary driver of downward stock pressure. Chipmaker Onsemi misses quarterly revenue estimates, shares fall
• Negative Sentiment: Q1 (FY Q1 2026) guidance is conservative: revenue guide sits toward the low end of Street expectations and non?GAAP EPS guidance (0.56–0.66) is roughly in line or slightly below consensus — leaves limited near-term upside and supports a cautious stance. onsemi Reports Fourth Quarter and Full Year 2025 Results
• Negative Sentiment: Several outlets reported a negative market reaction and a downgrade from Benchmark (Buy?Hold), reflecting concern about the sustainability of recovery and near-term demand visibility. Benchmark downgrades ON Semiconductor

About ON Semiconductor

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.