Q3 Earnings Estimate for ON Semiconductor Issued By B. Riley

ON Semiconductor Corporation (NASDAQ:ON) – Analysts at B. Riley boosted their Q3 2025 EPS estimates for shares of ON Semiconductor in a research note issued to investors on Monday, August 4th. B. Riley analyst C. Ellis now expects that the semiconductor company will post earnings of $0.59 per share for the quarter, up from their prior forecast of $0.57. B. Riley has a “Neutral” rating on the stock. The consensus estimate for ON Semiconductor’s current full-year earnings is $2.60 per share. B. Riley also issued estimates for ON Semiconductor’s FY2025 earnings at $2.26 EPS, Q1 2026 earnings at $0.60 EPS, Q2 2026 earnings at $0.66 EPS, Q4 2026 earnings at $0.71 EPS, FY2026 earnings at $2.67 EPS and FY2027 earnings at $3.37 EPS.

Other equities research analysts also recently issued reports about the stock. Mizuho boosted their price target on shares of ON Semiconductor from $60.00 to $72.00 and gave the stock an “outperform” rating in a research note on Thursday, June 26th. Citigroup reduced their price target on ON Semiconductor from $60.00 to $54.00 and set a “neutral” rating on the stock in a research report on Tuesday. TD Cowen cut their target price on ON Semiconductor from $68.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday. The Goldman Sachs Group started coverage on ON Semiconductor in a research report on Thursday, July 10th. They set a “neutral” rating and a $60.00 target price for the company. Finally, Piper Sandler reissued an “overweight” rating on shares of ON Semiconductor in a research note on Monday. Fifteen investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, ON Semiconductor currently has a consensus rating of “Hold” and an average price target of $56.84.

ON Semiconductor Trading Down 0.6%

Shares of ON opened at $46.98 on Wednesday. ON Semiconductor has a 52-week low of $31.04 and a 52-week high of $78.61. The company has a market cap of $19.21 billion, a price-to-earnings ratio of 43.91, a PEG ratio of 3.89 and a beta of 1.45. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.32 and a current ratio of 5.02. The stock has a fifty day moving average price of $54.13 and a two-hundred day moving average price of $47.70.

ON Semiconductor (NASDAQ:ON) last posted its earnings results on Monday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.01). ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter last year, the business earned $0.96 EPS. ON Semiconductor’s quarterly revenue was down 15.4% compared to the same quarter last year.

Institutional Investors Weigh In On ON Semiconductor

Hedge funds have recently added to or reduced their stakes in the stock. Costello Asset Management INC bought a new stake in shares of ON Semiconductor during the first quarter valued at approximately $26,000. Golden State Wealth Management LLC grew its position in ON Semiconductor by 83.3% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 320 shares in the last quarter. Trust Co. of Toledo NA OH bought a new position in shares of ON Semiconductor during the 2nd quarter valued at approximately $29,000. Elequin Capital LP increased its position in ON Semiconductor by 108.3% during the fourth quarter. Elequin Capital LP now owns 527 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 274 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new stake in shares of ON Semiconductor in the 1st quarter worth about $41,000. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

About ON Semiconductor

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.