ON Semiconductor Corporation (NASDAQ:ON) Given Average Recommendation of “Hold” by Analysts

ON Semiconductor Corporation (NASDAQ:ON) has earned an average recommendation of “Hold” from the twenty-nine analysts that are covering the stock, Marketbeat Ratings reports. Fifteen investment analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $59.3462.

ON has been the subject of a number of recent analyst reports. Williams Trading set a $60.00 price target on ON Semiconductor in a research report on Tuesday, November 4th. Benchmark restated a “buy” rating on shares of ON Semiconductor in a report on Tuesday, November 4th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of ON Semiconductor in a research note on Tuesday, December 16th. Truist Financial boosted their price objective on shares of ON Semiconductor from $51.00 to $57.00 and gave the company a “hold” rating in a research report on Friday, December 19th. Finally, Morgan Stanley upped their price objective on shares of ON Semiconductor from $55.00 to $56.00 and gave the stock an “equal weight” rating in a report on Monday, November 24th.

Insider Buying and Selling

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Private Trust Co. NA grew its stake in ON Semiconductor by 72.8% in the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 220 shares during the period. Trust Co. of Toledo NA OH bought a new stake in shares of ON Semiconductor during the 2nd quarter valued at $29,000. Deseret Mutual Benefit Administrators grew its position in shares of ON Semiconductor by 62.3% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock worth $28,000 after buying an additional 218 shares during the period. Quent Capital LLC bought a new position in shares of ON Semiconductor in the 3rd quarter worth about $28,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its stake in ON Semiconductor by 68.7% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 235 shares in the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

ON Semiconductor Trading Down 0.2%

NASDAQ:ON opened at $54.15 on Friday. The firm has a market capitalization of $21.79 billion, a P/E ratio of 70.33, a P/E/G ratio of 2.89 and a beta of 1.55. The company has a quick ratio of 3.54, a current ratio of 5.23 and a debt-to-equity ratio of 0.43. The company has a fifty day moving average of $51.63 and a 200 day moving average of $52.09. ON Semiconductor has a 52 week low of $31.04 and a 52 week high of $67.00.

ON Semiconductor (NASDAQ:ON) last released its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.52 billion. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. The company’s revenue for the quarter was down 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.99 earnings per share. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. On average, research analysts predict that ON Semiconductor will post 2.6 earnings per share for the current year.

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

Key ON Semiconductor News

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

• Positive Sentiment: Q3 results beat expectations: ON reported $0.63 EPS vs. $0.59 consensus and revenue of $1.55B vs. $1.52B expected; management set Q4 fiscal‑2025 EPS guidance of $0.570–$0.670 — an explicit near‑term roadmap that can limit downside and support investor confidence.
• Positive Sentiment: Strong liquidity and capital structure: unusually high current ratio (5.23) and quick ratio (3.54) plus modest debt/equity (0.43) reduce balance‑sheet risk and give flexibility for investment or M&A.
• Neutral Sentiment: Analyst/consensus context: Street expects ~2.6 EPS for the fiscal year; the company’s market cap (~$21.8B) and recent guidance will shape near‑term revisions but there’s no new analyst catalyst in the feed.
• Neutral Sentiment: Technical / trading signals: current price is near the 50‑ and 200‑day moving averages (~$51.6/$52.1). Today’s trading volume is below average, which can amplify moves but implies limited conviction.
• Negative Sentiment: Top‑line and margin pressure: revenue declined ~12% year‑over‑year and net margin is low (~5.2%), signaling demand/ pricing pressure in the quarter that may temper investor enthusiasm despite the EPS beat.
• Negative Sentiment: High valuation vs. recent performance: trailing P/E is elevated (~70x) — investors may be wary that the stock already prices significant growth, making it sensitive to any guidance or demand misses.

ON Semiconductor Company Profile

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.