onsemi (NASDAQ:ON) Receives “Neutral” Rating from Rosenblatt Securities

onsemi (NASDAQ:ON)‘s stock had its “neutral” rating reiterated by stock analysts at Rosenblatt Securities in a note issued to investors on Tuesday,Benzinga reports. They presently have a $85.00 price objective on the semiconductor company’s stock. Rosenblatt Securities’ price objective points to a potential upside of 5.72% from the company’s current price.

A number of other equities research analysts have also recently weighed in on the company. Mizuho dropped their price objective on onsemi from $150.00 to $125.00 and set an “outperform” rating for the company in a research note on Wednesday, July 1st. Zacks Research lowered onsemi from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Truist Financial restated a “hold” rating and set a $101.00 target price (up from $66.00) on shares of onsemi in a report on Tuesday, May 5th. Robert W. Baird lifted their target price on onsemi from $56.00 to $100.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of onsemi in a research note on Friday, July 24th. Fourteen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $102.00.

onsemi Stock Down 1.5%

onsemi stock opened at $80.40 on Tuesday. 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 0.41, a quick ratio of 3.14 and a current ratio of 4.87. The firm has a 50 day moving average price of $104.28 and a 200 day moving average price of $85.07. The company has a market capitalization of $31.51 billion, a PE ratio of 57.02, a price-to-earnings-growth ratio of 0.90 and a beta of 2.03.

onsemi (NASDAQ:ON) last announced its earnings results on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the previous year, the company earned $0.53 earnings per share. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Research analysts expect that onsemi will post 3.09 earnings per share for the current year.

Institutional Trading of onsemi

A number of institutional investors have recently bought and sold shares of ON. Pictet Asset Management Holding SA increased its stake in onsemi by 38.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,981,981 shares of the semiconductor company’s stock valued at $215,624,000 after buying an additional 1,112,774 shares during the period. Twin Capital Management Inc. purchased a new position in shares of onsemi in the 4th quarter valued at about $585,000. Carmel Capital Partners LLC boosted its holdings in onsemi by 119.3% during the fourth quarter. Carmel Capital Partners LLC now owns 73,416 shares of the semiconductor company’s stock worth $3,975,000 after buying an additional 39,944 shares in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its holdings in onsemi by 2,670.6% in the fourth quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 47,100 shares of the semiconductor company’s stock valued at $2,550,000 after buying an additional 45,400 shares in the last quarter. Finally, VCI Wealth Management LLC purchased a new stake in shares of onsemi during the 4th quarter worth approximately $1,276,000. 97.70% of the stock is owned by hedge funds and other institutional investors.

Key onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. onsemi reported adjusted EPS of $0.74 versus the $0.72 consensus estimate and revenue of approximately $1.604 billion versus expectations of $1.59 billion. Revenue increased 9% year over year, while adjusted gross margin reached 39.3%. onsemi Reports Second Quarter 2026 Results
• Positive Sentiment: AI data-center demand is becoming a meaningful growth driver. Management said it is prioritizing AI infrastructure customers and expects data-center revenue to more than double in 2026. The company highlighted rising demand for high-voltage power solutions and other products used in AI applications. ON Semiconductor Shifts Capacity to AI Data Centers
• Positive Sentiment: Cash generation and shareholder returns improved sharply. Operating cash flow rose 150% year over year, free cash flow reached $425.4 million and onsemi repurchased $332 million of stock during the quarter. Stocks to Watch: ON Semiconductor
• Neutral Sentiment: Third-quarter guidance was broadly encouraging but not a major upside surprise. onsemi projected adjusted EPS of $0.81–$0.93 and revenue near $1.7 billion, roughly in line with analyst expectations. The midpoint implies continued sequential growth, but investors may have wanted a larger forecast increase given the AI enthusiasm.
• Negative Sentiment: AI growth requires reallocating capacity away from automotive and industrial customers. Automotive remains a major part of onsemi’s business, so prioritizing data centers could raise concerns about near-term automotive sales, customer relationships and the pace of the broader cyclical recovery.
• Negative Sentiment: Analysts remain cautious on the risk-reward profile. Baird raised its price target to $108 from $100 but maintained a Hold rating, citing margin tailwinds that are partly offset by competitive pressures. With the stock trading well above its 200-day average and at a relatively high earnings multiple, the results may have been largely anticipated. ON Semi Price Target Raised to $108

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.