onsemi (NASDAQ:ON) Given New $115.00 Price Target at Wells Fargo & Company

onsemi (NASDAQ:ON) had its price objective boosted by equities research analysts at Wells Fargo & Company from $90.00 to $115.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the semiconductor company’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 12.66% from the company’s current price.

Several other equities analysts also recently commented on ON. TD Cowen reaffirmed a “buy” rating on shares of onsemi in a research note on Tuesday, February 10th. Rosenblatt Securities boosted their price target on onsemi from $60.00 to $85.00 and gave the company a “neutral” rating in a report on Tuesday. Mizuho upped their price target on onsemi from $70.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday. Needham & Company LLC increased their price objective on onsemi from $72.00 to $110.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, KeyCorp lifted their price objective on onsemi from $65.00 to $75.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. Fourteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $76.96.

onsemi Stock Up 0.0%

Shares of NASDAQ ON opened at $102.08 on Tuesday. The company has a quick ratio of 2.98, a current ratio of 4.52 and a debt-to-equity ratio of 0.39. onsemi has a 52 week low of $37.19 and a 52 week high of $105.00. The firm’s fifty day moving average is $69.72 and its 200 day moving average is $60.97. The company has a market cap of $40.15 billion, a price-to-earnings ratio of 298.39, a PEG ratio of 1.05 and a beta of 1.94.

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

Insider Buying and Selling

In other onsemi news, insider Sudhir Gopalswamy sold 6,114 shares of onsemi stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the sale, the insider directly owned 173,943 shares of the company’s stock, valued at approximately $10,205,235.81. The trade was a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 $24,176,341.20. This represents a 15.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 146,114 shares of company stock valued at $11,282,308 over the last three months. Corporate insiders own 0.35% of the company’s stock.

Hedge Funds Weigh In On onsemi

A number of institutional investors have recently added to or reduced their stakes in the company. CVA Family Office LLC lifted its position in onsemi by 83.7% during the fourth quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 215 shares during the period. Root Financial Partners LLC grew its position in shares of onsemi by 42.1% in the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after buying an additional 149 shares during the period. Quent Capital LLC bought a new position in shares of onsemi in the 3rd quarter worth about $28,000. Migdal Insurance & Financial Holdings Ltd. lifted its position in onsemi by 68.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 235 shares during the period. Finally, Deseret Mutual Benefit Administrators lifted its position in onsemi by 62.3% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 218 shares during the period. Institutional investors own 97.70% of the company’s stock.

Key Stories 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

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.