Cantor Fitzgerald Issues Pessimistic Forecast for onsemi (NASDAQ:ON) Stock Price

onsemi (NASDAQ:ON) had its target price lowered by equities research analysts at Cantor Fitzgerald from $110.00 to $90.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the semiconductor company’s stock. Cantor Fitzgerald’s price objective points to a potential upside of 35.14% from the company’s current price.

Other analysts have also recently issued research reports about the company. UBS Group reiterated a “neutral” rating and set a $95.00 target price on shares of onsemi in a research report on Monday, June 29th. Robert W. Baird boosted their price target on onsemi from $100.00 to $108.00 and gave the stock a “neutral” rating in a report on Tuesday, August 4th. B. Riley Financial cut their price objective on shares of onsemi from $135.00 to $127.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Evercore reiterated an “outperform” rating and set a $137.00 price objective on shares of onsemi in a research report on Friday, June 26th. Finally, Truist Financial set a $40.00 target price on shares of onsemi in a report on Wednesday, August 12th. Fifteen equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $95.64.

onsemi Trading Down 9.0%

Shares of onsemi stock opened at $66.60 on Thursday. onsemi has a fifty-two week low of $44.56 and a fifty-two week high of $134.92. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.49 and a current ratio of 3.46. The company has a market capitalization of $25.93 billion, a P/E ratio of 42.69, a P/E/G ratio of 0.60 and a beta of 2.00. The company has a fifty day moving average of $80.23 and a 200 day moving average of $87.41.

onsemi (NASDAQ:ON) last posted its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.59 billion. onsemi had a return on equity of 14.06% and a net margin of 10.17%.The business’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period last year, the firm earned $0.53 earnings per share. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, sell-side analysts anticipate that onsemi will post 3.23 earnings per share for the current fiscal year.

Hedge Funds Weigh In On onsemi

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ON. Sequoia Financial Advisors LLC increased its stake in onsemi by 1.7% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 20,170 shares of the semiconductor company’s stock worth $1,907,000 after acquiring an additional 344 shares during the last quarter. Arlington Capital Management Inc. bought a new position in shares of onsemi during the 2nd quarter valued at approximately $246,000. WINTON GROUP Ltd purchased a new position in shares of onsemi in the second quarter valued at $293,000. Engineers Gate Manager LP grew its holdings in shares of onsemi by 570.3% in the second quarter. Engineers Gate Manager LP now owns 304,377 shares of the semiconductor company’s stock valued at $28,776,000 after purchasing an additional 258,968 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its position in onsemi by 1.4% in the second quarter. Integrated Wealth Concepts LLC now owns 22,059 shares of the semiconductor company’s stock worth $2,085,000 after purchasing an additional 298 shares during the last quarter. 97.70% of the stock is owned by institutional investors.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi launched its Embedded Power Platform (EPP), which integrates silicon, silicon carbide and gallium nitride devices in a wafer-level package. The company says the architecture could deliver three to five times higher power density, lower power losses and faster development for AI data centers, electric vehicles and industrial systems. onsemi Introduces the Embedded Power Platform
• Positive Sentiment: Subaru entered a strategic technology engagement to evaluate EPP for future electrified vehicles, giving onsemi an early design partner and potential validation for its automotive strategy. Sampling is expected to begin in 2026. Subaru to Evaluate onsemi’s Embedded Power Platform
• Neutral Sentiment: Management outlined a potential $213 billion addressable market by 2030 across automotive, industrial, AI data centers and automation, with a strategy centered on higher-value system solutions rather than individual components. However, the opportunity remains long term and forward-looking, with limited evidence yet of customer revenue, production commitments or financial targets. onsemi Charts Path to Power the Next Decade of Innovation
• Negative Sentiment: Investors appeared disappointed that Investor Day emphasized ambitious technology and market projections rather than immediate earnings growth, concrete customer commitments or detailed financial milestones. The reaction suggests the market wanted clearer proof that EPP can translate into near-term revenue and margin expansion.

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.