onsemi (NASDAQ:ON) Releases Q4 2026 Earnings Guidance

onsemi (NASDAQ:ON) updated its fourth quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.950-1.070 for the period, compared to the consensus earnings per share estimate of 0.960. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

Analyst Upgrades and Downgrades

ON has been the subject of several research analyst reports. Truist Financial decreased their price target on shares of onsemi from $91.00 to $75.00 and set a “hold” rating for the company in a report on Friday, September 18th. Craig Hallum upgraded shares of onsemi from a “hold” rating to a “buy” rating and set a $85.00 price objective for the company in a research note on Tuesday. Seaport Research Partners began coverage on onsemi in a research note on Tuesday, September 22nd. They set a “buy” rating and a $100.00 price objective on the stock. Weiss Ratings raised shares of onsemi from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Finally, Rosenblatt Securities decreased their target price on onsemi from $85.00 to $80.00 and set a “neutral” rating on the stock in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.81.

onsemi Stock Performance

NASDAQ ON traded up $1.64 during trading on Tuesday, reaching $71.75. The company’s stock had a trading volume of 2,215,664 shares, compared to its average volume of 10,478,952. The firm has a market capitalization of $27.93 billion, a price-to-earnings ratio of 45.74, a price-to-earnings-growth ratio of 0.62 and a beta of 2.05. onsemi has a 12 month low of $44.56 and a 12 month high of $134.92. The company has a current ratio of 3.46, a quick ratio of 2.49 and a debt-to-equity ratio of 0.51. The firm has a 50 day moving average price of $74.67 and a 200 day moving average price of $82.02.

onsemi (NASDAQ:ON) last posted its quarterly earnings data on Monday, November 2nd. The semiconductor company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.02. onsemi had a return on equity of 14.06% and a net margin of 10.17%. The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the company earned $0.63 EPS. The company’s revenue was up 11.1% on a year-over-year basis. As a group, equities analysts anticipate that onsemi will post 3.21 EPS for the current fiscal year.

Insider Activity

In related news, insider Sudhir Gopalswamy sold 15,578 shares of onsemi stock in a transaction that occurred on Thursday, October 1st. The shares were 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. This trade represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.35% of the company’s stock.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi reported third-quarter adjusted EPS of $0.90, above the roughly $0.88 consensus, while revenue rose 11.1% year over year to approximately $1.72 billion. Cash flow also improved, with operating cash flow up 23% and free cash flow up 31%. onsemi Reports Third Quarter 2026 Results
• Positive Sentiment: Fourth-quarter guidance was above consensus at a midpoint of about $1.75 billion in revenue and $1.01 in EPS, compared with analyst expectations of roughly $1.70 billion and $0.96, respectively. Why Is ON Semiconductor Stock Gaining Tuesday?
• Positive Sentiment: The company agreed to acquire Ferric for $600 million in cash, plus up to $175 million in contingent consideration. The deal expands onsemi’s integrated voltage-regulator capabilities for AI processors and raises its 2030 AI data-center revenue target by $500 million to more than $3 billion. onsemi to Acquire Ferric
• Neutral Sentiment: Analyst views were mixed: Craig Hallum upgraded onsemi from Hold to Buy with an $85 target, while Cantor Fitzgerald maintained Neutral at $90 and Rosenblatt lowered its target to $80. These targets remain above the current share price but signal uncertainty about near-term execution. Craig Hallum Ratings
• Negative Sentiment: Despite the earnings beat, the stock came under pressure because investors appeared to view the results and outlook as insufficient relative to high AI-growth expectations. The Ferric purchase also requires substantial upfront capital, creating integration and return-on-investment risks.
• Negative Sentiment: onsemi remains below its 50-day and 200-day moving averages, reflecting continued technical weakness and skepticism about the pace of the semiconductor recovery, even as AI demand accelerates.

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.