ON Semiconductor Corporation (NASDAQ:ON) Receives $64.19 Consensus PT from Brokerages

ON Semiconductor Corporation (NASDAQ:ON) has received a consensus recommendation of “Hold” from the thirty brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, seventeen have issued a hold rating and twelve have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $64.1923.

ON has been the topic of a number of recent analyst reports. Craig Hallum restated a “hold” rating on shares of ON Semiconductor in a report on Tuesday, February 10th. Bank of America raised their target price on shares of ON Semiconductor from $60.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, January 21st. B. Riley Financial upped their price target on ON Semiconductor from $54.00 to $58.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 20th. Mizuho lowered their price objective on ON Semiconductor from $72.00 to $70.00 and set an “outperform” rating for the company in a research report on Tuesday, February 10th. Finally, Benchmark lowered ON Semiconductor from a “buy” rating to a “hold” rating in a research report on Tuesday, February 10th.

Insider Transactions at ON Semiconductor

In other news, CFO Trent Thad sold 60,000 shares of the company’s 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 sale, the chief financial officer directly owned 339,460 shares in the company, valued at $24,176,341.20. This represents a 15.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Hassane El-Khoury sold 20,000 shares of ON Semiconductor stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $73.02, for a total value of $1,460,400.00. Following the completion of the sale, the chief executive officer owned 1,015,610 shares in the company, valued at $74,159,842.20. This represents a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 100,000 shares of company stock worth $6,834,600 over the last 90 days. Insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in ON Semiconductor during the fourth quarter worth approximately $330,885,000. Two Sigma Investments LP raised its holdings in ON Semiconductor by 636.1% in the 3rd quarter. Two Sigma Investments LP now owns 3,749,751 shares of the semiconductor company’s stock valued at $184,900,000 after acquiring an additional 3,240,375 shares during the last quarter. Rafferty Asset Management LLC lifted its stake in shares of ON Semiconductor by 55.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock worth $305,943,000 after purchasing an additional 2,072,125 shares during the period. Marshall Wace LLP boosted its holdings in shares of ON Semiconductor by 23,784.8% during the fourth quarter. Marshall Wace LLP now owns 1,716,122 shares of the semiconductor company’s stock worth $92,928,000 after purchasing an additional 1,708,937 shares during the last quarter. Finally, M&G PLC grew its position in shares of ON Semiconductor by 164.2% in the second quarter. M&G PLC now owns 2,459,104 shares of the semiconductor company’s stock valued at $127,873,000 after purchasing an additional 1,528,311 shares during the period. 97.70% of the stock is currently owned by institutional investors and hedge funds.

ON Semiconductor Price Performance

Shares of ON Semiconductor stock opened at $70.66 on Monday. The firm has a market capitalization of $27.84 billion, a PE ratio of 207.83, a price-to-earnings-growth ratio of 0.77 and a beta of 1.56. The company has a current ratio of 4.52, a quick ratio of 2.98 and a debt-to-equity ratio of 0.39. ON Semiconductor has a 12 month low of $31.04 and a 12 month high of $73.76. The business’s 50-day moving average price is $60.61 and its 200-day moving average price is $53.69.

ON Semiconductor (NASDAQ:ON) last released its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.02. ON Semiconductor had a net margin of 2.02% and a return on equity of 12.22%. The business had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the previous year, the business posted $0.95 earnings per share. The firm’s revenue for the quarter was down 11.2% compared to the same quarter last year. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. Sell-side analysts forecast that ON Semiconductor will post 2.6 EPS for the current fiscal year.

ON Semiconductor announced that its Board of Directors has initiated a share buyback program on Tuesday, November 18th that permits the company to buyback $6.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to repurchase up to 32.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

ON Semiconductor News Summary

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

• Positive Sentiment: Q4 results: ON slightly beat EPS expectations (reported $0.64 vs. $0.62) and provided Q1 2026 EPS guidance of $0.560–$0.660, which offers a clear near-term target for investors. The EPS beat reduces immediate execution risk and supports the longer-term growth story in automotive and power-management chips.
• Neutral Sentiment: Investor attention is elevated — ON is a trending stock in investor screens and trade commentary, which can increase liquidity and volatility (more eyes can amplify both rallies and sell-offs). ON Semiconductor Corporation (ON) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Analyst downgrade: Benchmark downgraded ON this week, which likely triggered short-term selling and weighs on sentiment — downgrades by a visible shop can prompt flows out of momentum/quant strategies. Benchmark downgrades ON Semiconductor (ON)
• Negative Sentiment: Weak top-line and valuation concerns: revenue was down ~11% year-over-year for the last quarter and the stock trades at a very high P/E (reported ~208x), leaving the name vulnerable if growth doesn’t re-accelerate. Those fundamentals amplify downside when analysts turn cautious.
• Negative Sentiment: Technical / flow factors: intraday volume was below average during the move, which can magnify price moves on limited selling; combined with the downgrade, that helps explain the downward price action today.

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.