onsemi (NASDAQ:ON) Stock Has Average Target Price of $94.76 According to Analysts

Shares of onsemi (NASDAQ:ON) have been given an average recommendation of “Moderate Buy” by the thirty research firms that are covering the firm, MarketBeat Ratings reports. Fifteen investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $95.36.

Several brokerages recently weighed in on ON. Weiss Ratings upgraded onsemi from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, August 7th. Susquehanna increased their target price on onsemi from $140.00 to $150.00 and gave the company a “positive” rating in a research report on Thursday, July 9th. Evercore reissued an “outperform” rating and issued a $137.00 price target on shares of onsemi in a research note on Friday, June 26th. Zacks Research lowered shares of onsemi from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Finally, Stifel Nicolaus reduced their price objective on shares of onsemi from $90.00 to $75.00 and set a “hold” rating for the company in a research report on Thursday, September 17th.

Insider Buying and Selling at onsemi

In other news, insider Sudhir Gopalswamy sold 15,578 shares of onsemi stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $80.00, for a total value of $1,246,240.00. Following the sale, the insider directly owned 158,177 shares of the company’s stock, valued at $12,654,160. The trade was a 8.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ON. Janus Henderson Group PLC raised its position in shares of onsemi by 10.9% in the first quarter. Janus Henderson Group PLC now owns 13,700,884 shares of the semiconductor company’s stock valued at $848,392,000 after buying an additional 1,345,894 shares during the last quarter. Norges Bank purchased a new position in onsemi in the 4th quarter worth approximately $330,885,000. Van ECK Associates Corp boosted its holdings in shares of onsemi by 16.6% during the 2nd quarter. Van ECK Associates Corp now owns 5,143,343 shares of the semiconductor company’s stock worth $486,252,000 after purchasing an additional 731,540 shares during the last quarter. Pictet Asset Management Holding SA boosted its holdings in shares of onsemi by 15.5% during the 1st quarter. Pictet Asset Management Holding SA now owns 4,597,886 shares of the semiconductor company’s stock worth $284,495,000 after purchasing an additional 615,905 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of onsemi by 6.4% in the first quarter. Dimensional Fund Advisors LP now owns 3,442,177 shares of the semiconductor company’s stock valued at $212,997,000 after purchasing an additional 207,587 shares in the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

onsemi Price Performance

Shares of ON opened at $84.89 on Tuesday. The business’s 50-day moving average is $76.40 and its two-hundred day moving average is $88.41. The company has a market capitalization of $33.05 billion, a P/E ratio of 54.42, a P/E/G ratio of 0.70 and a beta of 2.05. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.49 and a current ratio of 3.46. onsemi has a fifty-two week low of $44.56 and a fifty-two week high of $134.92.

onsemi (NASDAQ:ON) last issued its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.02. The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.59 billion. onsemi had a return on equity of 14.06% and a net margin of 10.17%.The company’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.53 EPS. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Research analysts predict that onsemi will post 3.2 earnings per share for the current year.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: More favorable Synaptics deal terms: onsemi and Synaptics amended their merger agreement after Synaptics received an unsolicited competing proposal. The transaction is now an all-cash offer of $123 per Synaptics share, valuing the deal at approximately $5.7 billion versus roughly $7 billion under the previous all-stock structure. The lower purchase price removes expected share dilution and is projected to be immediately accretive to onsemi’s non-GAAP earnings per share. onsemi and Synaptics Announce Revised Merger Agreement
• Positive Sentiment: Analysts raised valuation expectations: Bank of America said the revised transaction could produce a larger earnings benefit than initially expected, while UBS characterized the deal as immediately accretive. Wells Fargo raised its onsemi price target to $100 from $85 and assigned an Overweight rating; Needham reaffirmed a Buy rating with a $116 target. ON Semiconductor’s revised Synaptics deal improves earnings outlook, says BofA
• Positive Sentiment: Positive trading signals: Call-option activity was unusually strong, with traders purchasing 28,912 calls—about 36% above average volume—suggesting increased bullish positioning. The stock also benefited from broad strength in technology shares.
• Neutral Sentiment: Strategic upside remains dependent on execution: Management cited additional revenue opportunities, potential annual run-rate synergies and plans to bring some Synaptics production in-house. These benefits could improve the combined company’s growth profile, but they remain subject to deal completion and integration.
• Negative Sentiment: Insider selling adds a modest cautionary signal: Director Sudhir Gopalswamy sold 15,578 shares for approximately $1.25 million, reducing his position by 8.97%. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, which reduces its significance as a discretionary bearish signal.

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.