ON Semiconductor Corporation (NASDAQ:ON) Receives Consensus Rating of “Hold” from Brokerages

ON Semiconductor Corporation (NASDAQ:ON) has earned an average recommendation of “Hold” from the thirty research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $64.1923.

A number of equities research analysts have recently weighed in on ON shares. Barclays began coverage on ON Semiconductor in a report on Thursday, February 12th. They issued an “equal weight” rating and a $75.00 price target for the company. Piper Sandler raised their price objective on ON Semiconductor from $65.00 to $75.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Morgan Stanley lifted their price objective on shares of ON Semiconductor from $55.00 to $56.00 and gave the stock an “equal weight” rating in a report on Monday, November 24th. Truist Financial boosted their target price on shares of ON Semiconductor from $57.00 to $66.00 and gave the company a “hold” rating in a research note on Tuesday, February 10th. Finally, Stifel Nicolaus increased their target price on shares of ON Semiconductor from $50.00 to $60.00 and gave the stock a “hold” rating in a report on Friday, January 16th.

Insider Buying and Selling

In related news, CEO Hassane El-Khoury sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $73.02, for a total transaction of $1,460,400.00. Following the completion of the transaction, the chief executive officer owned 1,015,610 shares in the company, valued at $74,159,842.20. The trade was a 1.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Trent Thad sold 60,000 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $71.22, for a total value of $4,273,200.00. Following the transaction, the chief financial officer owned 339,460 shares of the company’s stock, valued at approximately $24,176,341.20. The trade was a 15.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.31% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On ON Semiconductor

Several institutional investors have recently modified their holdings of ON. AQR Capital Management LLC boosted its stake in ON Semiconductor by 187.9% during the 1st quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company’s stock valued at $4,863,000 after purchasing an additional 79,206 shares during the period. Geneos Wealth Management Inc. grew its position in ON Semiconductor by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after purchasing an additional 507 shares during the last quarter. Savant Capital LLC acquired a new stake in shares of ON Semiconductor in the second quarter valued at approximately $269,000. Summit Investment Advisors Inc. increased its stake in shares of ON Semiconductor by 1.4% in the first quarter. Summit Investment Advisors Inc. now owns 17,943 shares of the semiconductor company’s stock valued at $730,000 after purchasing an additional 247 shares during the period. Finally, Prospera Financial Services Inc raised its holdings in shares of ON Semiconductor by 145.0% during the second quarter. Prospera Financial Services Inc now owns 23,119 shares of the semiconductor company’s stock valued at $1,212,000 after buying an additional 13,683 shares during the last quarter. Institutional investors own 97.70% of the company’s stock.

ON Semiconductor Stock Performance

Shares of ON stock opened at $57.69 on Friday. The stock has a market capitalization of $22.73 billion, a price-to-earnings ratio of 169.68, a PEG ratio of 0.63 and a beta of 1.52. ON Semiconductor has a one year low of $31.04 and a one year high of $73.76. The company’s 50-day simple moving average is $63.60 and its 200-day simple moving average is $55.31. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.98 and a current ratio of 4.52.

ON Semiconductor (NASDAQ:ON) last announced its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.02. ON Semiconductor had a return on equity of 12.22% and a net margin of 2.02%.The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period in the previous year, the company earned $0.95 earnings per share. ON Semiconductor’s quarterly revenue was down 11.2% on a year-over-year basis. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. Equities analysts anticipate that ON Semiconductor will post 2.6 earnings per share for the current fiscal year.

ON Semiconductor declared that its Board of Directors has approved a share buyback plan on Tuesday, November 18th that authorizes the company to repurchase $6.00 billion in shares. This repurchase authorization authorizes the semiconductor company to purchase up to 32.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

More ON Semiconductor News

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

• Positive Sentiment: Q4 EPS beat estimates (reported $0.64 vs. $0.62 consensus) and management provided a Q1 2026 EPS guide range (0.560–0.660), which helps limit downside from the print. Here’s Why ON Semiconductor Corp. (ON) Fell More Than Broader Market
• Positive Sentiment: Balance-sheet strength and liquidity metrics are favorable (high quick/current ratios and modest leverage), which reduces short-term financial risk and supports stability through a cyclic semiconductor cycle.
• Neutral Sentiment: Analyst coverage remains mixed-to-positive — some firms are constructive on the long-term story while others are cautious on near-term demand; that keeps volatility likely but provides a base of buy-side interest. Is ON Semiconductor Stock Outperforming the Dow?
• Negative Sentiment: Leadership change in the Power Solutions group: Group President Simon Keeton resigned from officer roles and will transition out by June 30, raising near-term execution and continuity concerns for a key growth division (power and automotive). ON Semiconductor Announces Leadership Transition in Power Solutions
• Negative Sentiment: Revenue weakness: quarterly revenue declined year-over-year (roughly an 11% drop), which alongside the earnings reaction has pressured the stock since the release. Why Is ON Semiconductor Corp. (ON) Down 11.6% Since Last Earnings Report?
• Negative Sentiment: Market reaction: commentators note the stock has traded down materially since the earnings release, amplifying intraday downside as investors reprice growth expectations and near-term demand risks. Here’s Why ON Semiconductor Corp. (ON) Fell More Than Broader Market

About ON Semiconductor

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.