ON Semiconductor (NASDAQ:ON) Price Target Lowered to $70.00 at Mizuho

ON Semiconductor (NASDAQ:ON) had its price objective decreased by Mizuho from $72.00 to $70.00 in a research note issued to investors on Tuesday morning,Benzinga reports. Mizuho currently has an outperform rating on the semiconductor company’s stock.

Other analysts have also issued reports about the stock. UBS Group reissued a “neutral” rating on shares of ON Semiconductor in a research report on Monday, February 2nd. Truist Financial increased their target price on shares of ON Semiconductor from $57.00 to $66.00 and gave the company a “hold” rating in a research report on Tuesday. BNP Paribas Exane upgraded shares of ON Semiconductor from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 22nd. Citigroup upped their price target on ON Semiconductor from $66.00 to $68.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, Wells Fargo & Company increased their price objective on ON Semiconductor from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Tuesday. Twelve research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $63.76.

ON Semiconductor Price Performance

NASDAQ ON opened at $67.33 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.54 and a current ratio of 5.23. The firm’s 50 day moving average price is $58.70 and its 200-day moving average price is $53.07. ON Semiconductor has a 52-week low of $31.04 and a 52-week high of $68.80. The company has a market cap of $27.09 billion, a PE ratio of 198.04, a P/E/G ratio of 2.81 and a beta of 1.56.

ON Semiconductor (NASDAQ:ON) last issued its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.54 billion. ON Semiconductor had a net margin of 2.02% and a return on equity of 12.11%. ON Semiconductor’s revenue for the quarter was down 11.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.95 earnings per share. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. Sell-side analysts forecast that ON Semiconductor will post 2.6 EPS for the current fiscal year.

ON Semiconductor declared that its board has initiated a stock repurchase plan on Tuesday, November 18th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the semiconductor company to purchase up to 32.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Insider Transactions at ON Semiconductor

In other ON Semiconductor news, CFO Trent Thad sold 20,000 shares of ON Semiconductor stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the completion of the sale, the chief financial officer owned 379,448 shares of the company’s stock, valued at approximately $20,888,612.40. The trade was a 5.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.31% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Private Trust Co. NA boosted its position in ON Semiconductor by 72.8% in the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 220 shares during the last quarter. CVA Family Office LLC lifted its stake in ON Semiconductor by 83.7% during the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 215 shares during the period. Root Financial Partners LLC lifted its stake in ON Semiconductor by 42.1% during the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 149 shares during the period. Quent Capital LLC purchased a new stake in shares of ON Semiconductor in the 3rd quarter valued at $28,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of ON Semiconductor by 68.7% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 235 shares during the period. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

ON Semiconductor News Roundup

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Company reported record free cash flow for 2025 and authorized a large $6 billion share‑repurchase program, supporting shareholder returns and buyback-driven EPS upside. onsemi Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Non‑GAAP EPS beat consensus (reported $0.64 vs. ~$0.62) and management highlighted margin improvement potential — a near-term earnings beat that helped stem the initial selloff. onsemi’s Q4 Earnings Beat Estimates
• Positive Sentiment: Product and supply partnerships (new vertical GaN products; MoU / collaborations to scale GaN production) position ON for higher‑value power semiconductor demand (EV, data center power). That technology roadmap supports a constructive medium‑term growth thesis. onsemi Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Technical/momentum boost — the stock hit a 52‑week high amid the recovery from the post‑release drop, attracting momentum traders and heavier-than-normal volume. On Semiconductor stock hits 52-week high
• Neutral Sentiment: First‑quarter guidance is roughly in line but conservative: company gave a revenue/eps range that implies only modest sequential recovery — investors must watch execution vs. that guide. onsemi Q4 presentation / Q1 outlook
• Neutral Sentiment: Analyst reactions are mixed: several firms raised price targets or reiterated coverage while others trimmed targets or ratings — this keeps near‑term sentiment split and adds volatility risk. These Analysts Revise Their Forecasts On ON Semiconductor After Q4 Results
• Negative Sentiment: Revenue declined ~11% year‑over‑year and the company missed top‑line consensus, with several end‑market segments down — this weak top‑line trend is the primary downside driver. Chipmaker Onsemi misses quarterly revenue estimates, shares fall (Reuters)
• Negative Sentiment: Margins compressed year‑over‑year amid revenue deleveraging and certain one‑time charges; operating income and net income declined materially vs. prior year, flagging near‑term profitability risk until volumes recover. On Semiconductor Fourth-Quarter Sales Fall (WSJ)

ON Semiconductor Company Profile

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.