ON Semiconductor Corporation (NASDAQ:ON) Given Average Rating of “Hold” by Analysts

Shares of ON Semiconductor Corporation (NASDAQ:ON) have received a consensus recommendation of “Hold” from the twenty-six brokerages that are covering the company, MarketBeat Ratings reports. Fourteen analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $56.68.

A number of research analysts have recently issued reports on the company. Bank of America reduced their price objective on ON Semiconductor from $56.00 to $52.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Cantor Fitzgerald assumed coverage on shares of ON Semiconductor in a report on Wednesday, June 18th. They issued a “neutral” rating and a $55.00 price objective for the company. Needham & Company LLC lifted their target price on shares of ON Semiconductor from $50.00 to $58.00 and gave the company a “buy” rating in a report on Monday, August 4th. UBS Group lowered their target price on shares of ON Semiconductor from $55.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, August 5th. Finally, Stifel Nicolaus lifted their target price on shares of ON Semiconductor from $42.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 18th.

Insider Buying and Selling

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of ON Semiconductor stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total value of $768,300.00. Following the completion of the sale, the chief executive officer owned 977,814 shares of the company’s stock, valued at approximately $50,083,633.08. The trade was a 1.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On ON Semiconductor

Large investors have recently added to or reduced their stakes in the stock. Elequin Capital LP grew its position in ON Semiconductor by 108.3% in the 4th quarter. Elequin Capital LP now owns 527 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 274 shares during the period. Trust Co. of Toledo NA OH bought a new stake in ON Semiconductor in the 2nd quarter worth approximately $29,000. Rexford Capital Inc. bought a new stake in shares of ON Semiconductor during the 2nd quarter valued at $31,000. Darwin Wealth Management LLC bought a new stake in shares of ON Semiconductor during the 2nd quarter valued at $32,000. Finally, Costello Asset Management INC bought a new stake in shares of ON Semiconductor during the 1st quarter valued at $26,000. Institutional investors own 97.70% of the company’s stock.

ON Semiconductor Stock Performance

ON stock opened at $51.83 on Friday. The firm has a market cap of $21.20 billion, a PE ratio of 48.44, a P/E/G ratio of 2.48 and a beta of 1.48. The company has a quick ratio of 3.37, a current ratio of 5.02 and a debt-to-equity ratio of 0.42. The business has a 50 day moving average of $52.39 and a 200-day moving average of $47.18. ON Semiconductor has a 12-month low of $31.04 and a 12-month high of $76.06.

ON Semiconductor (NASDAQ:ON) last released its earnings results on Monday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.01). ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the prior year, the company earned $0.96 earnings per share. The business’s revenue was down 15.4% on a year-over-year basis. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. As a group, sell-side analysts expect that ON Semiconductor will post 2.6 earnings per share for the current year.

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.