onsemi’s (ON) Hold Rating Reaffirmed at Truist Financial

onsemi (NASDAQ:ON)‘s stock had its “hold” rating reiterated by stock analysts at Truist Financial in a note issued to investors on Tuesday,Benzinga reports. They presently have a $101.00 price target on the semiconductor company’s stock, up from their previous price target of $66.00. Truist Financial’s target price suggests a potential downside of 3.04% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. BNP Paribas Exane raised shares of onsemi from a “strong sell” rating to a “hold” rating in a report on Thursday, January 22nd. Mizuho upped their target price on shares of onsemi from $70.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday. Wells Fargo & Company upped their target price on shares of onsemi from $90.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday. UBS Group reaffirmed a “neutral” rating on shares of onsemi in a report on Monday, February 2nd. Finally, Stifel Nicolaus upped their target price on shares of onsemi from $50.00 to $60.00 and gave the company a “hold” rating in a report on Friday, January 16th. Fifteen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, onsemi has an average rating of “Hold” and an average price target of $78.31.

onsemi Stock Up 2.1%

Shares of onsemi stock traded up $2.13 during trading hours on Tuesday, reaching $104.17. 5,669,690 shares of the company’s stock were exchanged, compared to its average volume of 9,192,966. The company has a 50 day moving average of $69.72 and a two-hundred day moving average of $60.97. onsemi has a fifty-two week low of $37.19 and a fifty-two week high of $105.58. The company has a current ratio of 4.52, a quick ratio of 2.98 and a debt-to-equity ratio of 0.39. The stock has a market cap of $40.97 billion, a P/E ratio of 306.52, a P/E/G ratio of 1.05 and a beta of 1.94.

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

Insider Buying and Selling at onsemi

In other onsemi news, CEO Hassane El-Khoury sold 20,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 1,015,610 shares of the company’s stock, valued at $74,159,842.20. This represents a 1.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Trent Thad sold 60,000 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $71.22, for a total transaction of $4,273,200.00. Following the completion of the transaction, the chief financial officer directly owned 339,460 shares in the company, valued at approximately $24,176,341.20. This represents a 15.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 146,114 shares of company stock valued at $11,282,308 in the last three months. 0.35% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ON. AQR Capital Management LLC increased its holdings in shares of onsemi by 187.9% during the first quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company’s stock worth $4,863,000 after purchasing an additional 79,206 shares during the period. Geneos Wealth Management Inc. increased its holdings in shares of onsemi by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after purchasing an additional 507 shares during the period. Brown Advisory Inc. bought a new position in shares of onsemi during the second quarter worth approximately $201,000. Cresset Asset Management LLC increased its holdings in shares of onsemi by 24.8% during the second quarter. Cresset Asset Management LLC now owns 10,137 shares of the semiconductor company’s stock worth $531,000 after purchasing an additional 2,016 shares during the period. Finally, Cerity Partners LLC increased its holdings in shares of onsemi by 108.0% during the second quarter. Cerity Partners LLC now owns 31,646 shares of the semiconductor company’s stock worth $1,659,000 after purchasing an additional 16,435 shares during the period. 97.70% of the stock is owned by institutional investors.

More onsemi News

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.