William Blair Forecasts Onsemi’s FY2026 Earnings (NASDAQ:ON)

Onsemi (NASDAQ:ON) – William Blair reduced their FY2026 earnings per share (EPS) estimates for shares of Onsemi in a research note issued on Tuesday, May 6th. William Blair analyst J. Dorsheimer now anticipates that the semiconductor company will earn $2.61 per share for the year, down from their prior estimate of $3.25. The consensus estimate for Onsemi’s current full-year earnings is $2.60 per share.

Onsemi (NASDAQ:ON) last announced its quarterly earnings data on Monday, May 5th. The semiconductor company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.04. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.40 billion. Onsemi had a return on equity of 20.10% and a net margin of 22.21%. The business’s revenue for the quarter was down 22.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.08 EPS.

A number of other equities research analysts have also recently commented on the stock. Roth Capital set a $60.00 price target on shares of Onsemi in a report on Friday, March 7th. Citigroup dropped their price target on Onsemi from $52.00 to $40.00 and set a “neutral” rating on the stock in a research report on Friday, April 11th. B. Riley lowered Onsemi from a “buy” rating to a “neutral” rating and set a $41.00 price objective for the company. in a report on Thursday, April 24th. UBS Group dropped their price objective on shares of Onsemi from $55.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, April 29th. Finally, Wells Fargo & Company reduced their target price on shares of Onsemi from $60.00 to $45.00 and set an “overweight” rating for the company in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Onsemi has an average rating of “Moderate Buy” and a consensus price target of $54.32.

Onsemi Stock Performance

Shares of ON stock opened at $39.77 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.38 and a current ratio of 5.06. The firm has a market cap of $16.78 billion, a price-to-earnings ratio of 10.96, a P/E/G ratio of 16.74 and a beta of 1.39. Onsemi has a 52 week low of $31.04 and a 52 week high of $80.08. The firm’s 50-day simple moving average is $39.79 and its two-hundred day simple moving average is $54.19.

Institutional Trading of Onsemi

A number of hedge funds have recently bought and sold shares of ON. Truvestments Capital LLC lifted its holdings in shares of Onsemi by 3.8% in the 4th quarter. Truvestments Capital LLC now owns 5,661 shares of the semiconductor company’s stock worth $357,000 after acquiring an additional 207 shares during the last quarter. Assetmark Inc. lifted its stake in Onsemi by 0.3% in the fourth quarter. Assetmark Inc. now owns 78,495 shares of the semiconductor company’s stock worth $4,949,000 after purchasing an additional 235 shares during the last quarter. V Square Quantitative Management LLC boosted its position in Onsemi by 3.9% during the fourth quarter. V Square Quantitative Management LLC now owns 6,727 shares of the semiconductor company’s stock valued at $424,000 after buying an additional 252 shares during the period. Huntington National Bank grew its stake in shares of Onsemi by 8.9% during the fourth quarter. Huntington National Bank now owns 3,310 shares of the semiconductor company’s stock valued at $209,000 after buying an additional 271 shares during the last quarter. Finally, Elequin Capital LP increased its holdings in shares of Onsemi by 108.3% in the fourth quarter. Elequin Capital LP now owns 527 shares of the semiconductor company’s stock worth $33,000 after buying an additional 274 shares during the period. 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.