What is Zacks Research’s Estimate for ON FY2025 Earnings?

ON Semiconductor Corporation (NASDAQ:ON) – Stock analysts at Zacks Research increased their FY2025 earnings per share estimates for shares of ON Semiconductor in a report issued on Monday, November 24th. Zacks Research analyst Team now anticipates that the semiconductor company will post earnings per share of $2.31 for the year, up from their prior estimate of $2.26. The consensus estimate for ON Semiconductor’s current full-year earnings is $2.60 per share. Zacks Research also issued estimates for ON Semiconductor’s Q1 2026 earnings at $0.60 EPS, Q3 2026 earnings at $0.73 EPS, Q4 2026 earnings at $0.87 EPS and FY2026 earnings at $2.86 EPS.

Other equities research analysts have also recently issued reports about the stock. Rosenblatt Securities reissued a “neutral” rating and issued a $50.00 price objective on shares of ON Semiconductor in a research report on Tuesday, November 4th. Citigroup decreased their price target on shares of ON Semiconductor from $60.00 to $54.00 and set a “neutral” rating for the company in a research note on Tuesday, August 5th. Williams Trading set a $60.00 price objective on ON Semiconductor in a research note on Tuesday, November 4th. Wells Fargo & Company reduced their price objective on ON Semiconductor from $65.00 to $62.00 and set an “overweight” rating on the stock in a report on Tuesday, August 5th. Finally, Cfra reaffirmed a “buy” rating and set a $64.00 target price on shares of ON Semiconductor in a research report on Tuesday, November 4th. Fourteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, ON Semiconductor has a consensus rating of “Hold” and an average price target of $59.12.

ON Semiconductor Trading Up 2.8%

NASDAQ ON opened at $49.64 on Wednesday. The stock has a market cap of $19.97 billion, a PE ratio of 46.39, a PEG ratio of 2.58 and a beta of 1.56. ON Semiconductor has a 12 month low of $31.04 and a 12 month high of $74.52. The company’s 50-day moving average price is $49.69 and its 200-day moving average price is $50.65. The company has a current ratio of 5.02, a quick ratio of 3.37 and a debt-to-equity ratio of 0.42.

ON Semiconductor (NASDAQ:ON) last announced its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.59 by $0.04. ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the prior year, the company posted $0.99 EPS. ON Semiconductor’s quarterly revenue was down 12.0% on a year-over-year basis. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS.

ON Semiconductor declared that its board has initiated a stock buyback program on Tuesday, November 18th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the semiconductor company to reacquire up to 32.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On ON Semiconductor

Several hedge funds have recently modified their holdings of ON. Kestra Private Wealth Services LLC raised its position in ON Semiconductor by 15.2% during the 1st quarter. Kestra Private Wealth Services LLC now owns 5,377 shares of the semiconductor company’s stock worth $219,000 after buying an additional 711 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in shares of ON Semiconductor by 4.8% during the first quarter. Avantax Advisory Services Inc. now owns 10,026 shares of the semiconductor company’s stock worth $408,000 after acquiring an additional 463 shares during the period. Assetmark Inc. raised its holdings in ON Semiconductor by 7.2% during the first quarter. Assetmark Inc. now owns 84,165 shares of the semiconductor company’s stock worth $3,425,000 after purchasing an additional 5,670 shares in the last quarter. HB Wealth Management LLC lifted its position in ON Semiconductor by 26.6% in the first quarter. HB Wealth Management LLC now owns 7,909 shares of the semiconductor company’s stock valued at $322,000 after purchasing an additional 1,661 shares during the period. Finally, Empirical Finance LLC boosted its holdings in ON Semiconductor by 6.1% in the 1st quarter. Empirical Finance LLC now owns 9,204 shares of the semiconductor company’s stock valued at $375,000 after purchasing an additional 528 shares in the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

ON Semiconductor 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.