onsemi (NASDAQ:ON) Upgraded at Stonex Financia

onsemi (NASDAQ:ON) was upgraded by Stonex Financia to a “strong-buy” rating in a report issued on Wednesday, Zacks reports.

Other analysts have also issued research reports about the company. TD Cowen reduced their target price on onsemi from $110.00 to $95.00 and set a “buy” rating for the company in a report on Monday, July 13th. Cantor Fitzgerald lowered their price target on onsemi from $110.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, September 17th. Weiss Ratings raised onsemi from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Evercore reaffirmed an “outperform” rating and set a $137.00 price objective on shares of onsemi in a research report on Friday, June 26th. Finally, Zacks Research downgraded onsemi from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and fifteen have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $95.56.

onsemi Price Performance

Shares of ON opened at $73.70 on Wednesday. onsemi has a twelve month low of $44.56 and a twelve month high of $134.92. The company has a market capitalization of $28.69 billion, a P/E ratio of 47.24, a price-to-earnings-growth ratio of 0.61 and a beta of 2.05. The firm has a 50 day moving average of $75.94 and a 200 day moving average of $89.79. The company has a quick ratio of 2.49, a current ratio of 3.46 and a debt-to-equity ratio of 0.51.

onsemi (NASDAQ:ON) last released 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 for 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 firm’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.53 EPS. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. As a group, equities research analysts anticipate that onsemi will post 3.20 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Sudhir Gopalswamy sold 15,578 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $80.00, for a total value of $1,246,240.00. Following the sale, the insider owned 158,177 shares in the company, valued at approximately $12,654,160. This trade represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 Investors Weigh In On onsemi

A number of large investors have recently added to or reduced their stakes in the stock. SHP Wealth Management bought a new position in shares of onsemi during the 4th quarter valued at $32,000. Ascentis Independent Advisors purchased a new position in shares of onsemi in the 1st quarter worth $36,000. Ninety One UK Ltd bought a new stake in shares of onsemi in the third quarter worth $36,000. Root Financial Partners LLC grew its holdings in shares of onsemi by 39.4% in the first quarter. Root Financial Partners LLC now owns 701 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 198 shares during the period. Finally, Compass Financial Management LLC bought a new stake in shares of onsemi in the second quarter worth $67,000. Institutional investors own 97.70% of the company’s stock.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Energy-storage design win: Sungrow is integrating onsemi’s EliteSiC silicon-carbide hybrid power modules into its PowerTitan 3.0 utility-scale battery-storage platform. The technology is expected to improve inverter efficiency by 0.4%, exceed 99.3% peak efficiency and save more than 475 MWh annually in a 100 MW installation. Sungrow expects to deliver 10 GWh of PowerTitan 3.0 systems in Europe during 2026, supporting the growth outlook for onsemi’s power products. onsemi and Sungrow Advance Utility-Scale Energy Storage Performance
• Positive Sentiment: Bullish analyst view: StoneX reportedly initiated coverage with a Buy rating and sees approximately 54% upside, citing chip-growth potential. Separately, Susquehanna analyst Christopher Rolland has highlighted tightening supply, firmer pricing and improving automotive and industrial demand. Onsemi started at buy at StoneX
• Neutral Sentiment: Earnings catalyst approaching: onsemi will release third-quarter results after the market closes on November 2, 2026, followed by a conference call. Investors will focus on automotive and industrial demand, margins, silicon-carbide adoption and forward guidance. The company’s prior quarter delivered $0.74 in EPS on $1.60 billion of revenue, while current-year analyst consensus is $3.20 EPS. onsemi to Announce Third Quarter Financial Results
• Negative Sentiment: Insider-selling overhang: Quiver data shows onsemi insiders have reported four open-market transactions in the past six months, all sales, including approximately 90,000 shares sold by CFO Trent Thad. This is not necessarily fundamental evidence of weakness, but it may temper sentiment.

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.