onsemi (NASDAQ:ON) Releases Q2 2026 Earnings Guidance

onsemi (NASDAQ:ON) issued an update on its second quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.650-0.770 for the period, compared to the consensus earnings per share estimate of 0.660. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ON. Wells Fargo & Company upped their price target on shares of onsemi from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Bank of America raised shares of onsemi from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $70.00 to $85.00 in a report on Monday, April 13th. Evercore reiterated an “outperform” rating on shares of onsemi in a research note on Wednesday, January 7th. B. Riley Financial upgraded shares of onsemi from a “neutral” rating to a “buy” rating and set a $115.00 price target on the stock in a report on Thursday, April 23rd. Finally, Wall Street Zen upgraded shares of onsemi from a “hold” rating to a “buy” rating in a report on Monday, April 13th. Fourteen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, onsemi has an average rating of “Hold” and an average price target of $67.15.

onsemi Stock Performance

Shares of NASDAQ ON traded down $0.99 during trading on Monday, reaching $102.04. 16,600,395 shares of the company traded hands, compared to its average volume of 9,243,294. The firm has a 50 day simple moving average of $69.72 and a 200-day simple moving average of $60.97. The company has a quick ratio of 2.98, a current ratio of 4.52 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $40.14 billion, a PE ratio of 300.13, a P/E/G ratio of 1.05 and a beta of 1.94. onsemi has a 52-week low of $37.19 and a 52-week high of $105.00.

onsemi (NASDAQ:ON) last released its quarterly earnings data 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 firm 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%. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Equities research analysts anticipate that onsemi will post 2.9 earnings per share for the current year.

Insider Buying and Selling at onsemi

In other news, insider Sudhir Gopalswamy sold 6,114 shares of the stock in a transaction 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 transaction, the insider directly owned 173,943 shares of the company’s stock, valued at $10,205,235.81. This represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Hassane El-Khoury sold 20,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $73.02, for a total value of $1,460,400.00. Following the completion of the transaction, the chief executive officer owned 1,015,610 shares in the company, valued at approximately $74,159,842.20. This trade represents a 1.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 146,114 shares of company stock worth $11,282,308. 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: Product/market win: a new USB3 camera (Vadzo Imaging Falcon‑234MGS) is launching using an onsemi AR0234 image sensor — a small but visible design win that underlines onsemi’s footprint in industrial/imaging sensors and diversified end markets. Vadzo Imaging Introduces Falcon‑234MGS
• Positive Sentiment: Momentum: coverage notes onsemi outperformed peers in April (roughly 63% gain vs. TXN’s 45%), highlighting strong investor interest in analog/power/automotive exposure that helped drive the stock’s recent surge. Texas Instruments or ON Semiconductor: Which Analog Chip Stock Won in April?
• Neutral Sentiment: Earnings focus — live/preview coverage: multiple previews and live threads are tracking onsemi’s Q1 report, flagging the key KPIs investors will watch (non‑GAAP EPS, revenue vs. estimates, margin and automotive/AI demand commentary). Results can swing the stock in either direction depending on beats/misses and guidance. Live: onsemi Q1 Earnings Tonight onsemi Q1 Earnings Report Preview
• Negative Sentiment: Valuation and pullback risk: the stock’s big YTD/April rally has pushed multiples and expectations high (background shows a very elevated P/E and market cap). That increases the chance of profit‑taking or a sharp move down if the quarter or forward commentary disappoints.
• Negative Sentiment: Revenue trend to monitor: recent quarterly revenue had been down year‑over‑year in the prior report — investors will be sensitive to any signs of weakness in auto, industrial or inventory corrections in the Q1 release.

Institutional Investors Weigh In On onsemi

Several hedge funds and other institutional investors have recently made changes to their positions in the business. DV Equities LLC purchased a new position in shares of onsemi in the fourth quarter worth approximately $30,000. Darwin Wealth Management LLC purchased a new stake in onsemi during the second quarter valued at approximately $32,000. Summit Securities Group LLC raised its position in onsemi by 346.3% in the fourth quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 464 shares during the period. Atlas Capital Advisors Inc. purchased a new position in shares of onsemi during the 4th quarter worth $46,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of onsemi by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after acquiring an additional 507 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

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.