Q2 Earnings Estimate for onsemi Issued By KeyCorp

onsemi (NASDAQ:ON) – Equities research analysts at KeyCorp issued their Q2 2026 earnings estimates for onsemi in a note issued to investors on Monday, July 13th. KeyCorp analyst J. Vinh anticipates that the semiconductor company will post earnings of $0.73 per share for the quarter. The consensus estimate for onsemi’s current full-year earnings is $3.10 per share. KeyCorp also issued estimates for onsemi’s Q3 2026 earnings at $0.87 EPS, Q4 2026 earnings at $0.97 EPS, FY2026 earnings at $3.20 EPS, Q1 2027 earnings at $0.98 EPS, Q2 2027 earnings at $1.08 EPS, Q3 2027 earnings at $1.21 EPS, Q4 2027 earnings at $1.32 EPS and FY2027 earnings at $4.58 EPS.

Other equities analysts have also issued research reports about the company. Citigroup increased their target price on onsemi from $100.00 to $120.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Truist Financial reaffirmed a “hold” rating and set a $101.00 price target (up from $66.00) on shares of onsemi in a report on Tuesday, May 5th. Cantor Fitzgerald upped their price objective on onsemi from $100.00 to $110.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. Wells Fargo & Company increased their price objective on onsemi from $115.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, June 9th. Finally, JPMorgan Chase & Co. raised their target price on onsemi from $70.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Fourteen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, onsemi has a consensus rating of “Hold” and a consensus price target of $102.64.

onsemi Price Performance

onsemi stock opened at $88.12 on Wednesday. The stock has a market cap of $34.53 billion, a P/E ratio of 62.50, a price-to-earnings-growth ratio of 0.82 and a beta of 2.01. The company has a fifty day simple moving average of $110.22 and a 200-day simple moving average of $82.70. onsemi has a 12-month low of $44.56 and a 12-month high of $134.92. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41.

onsemi (NASDAQ:ON) last posted its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the previous year, the business posted $0.55 EPS. The firm’s revenue was up 4.7% on a year-over-year basis. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS.

Insiders Place Their Bets

In other onsemi news, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the transaction, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. This trade represents a 9.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On onsemi

Institutional investors have recently added to or reduced their stakes in the stock. Pictet Asset Management Holding SA increased its stake in onsemi by 38.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,981,981 shares of the semiconductor company’s stock valued at $215,624,000 after buying an additional 1,112,774 shares during the period. Twin Capital Management Inc. purchased a new position in onsemi during the fourth quarter worth about $585,000. Carmel Capital Partners LLC raised its holdings in onsemi by 119.3% during the fourth quarter. Carmel Capital Partners LLC now owns 73,416 shares of the semiconductor company’s stock worth $3,975,000 after purchasing an additional 39,944 shares in the last quarter. F&V Capital Management LLC acquired a new stake in onsemi in the fourth quarter valued at about $15,075,000. Finally, VCI Wealth Management LLC purchased a new stake in onsemi in the 4th quarter valued at approximately $1,276,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Analysts remain constructive on onsemi’s longer-term earnings outlook, with KeyCorp recently raising estimates for FY2026 and FY2027, suggesting confidence in the company’s growth trajectory and margin potential.
• Positive Sentiment: Recent commentary has highlighted onsemi’s exposure to higher-growth areas such as EV power management, image sensing, and AI datacenter demand, which supports the investment case.
• Neutral Sentiment: onsemi confirmed it will release Q2 2026 results after the market close on August 3 and host a conference call the same day, keeping attention focused on upcoming earnings rather than new operational news. onsemi to Announce Second Quarter Financial Results
• Neutral Sentiment: KeyCorp published updated earnings estimates for onsemi, lifting FY2027 EPS expectations well above the current-year consensus, which signals optimism but no immediate fundamental change. onsemi stock page
• Negative Sentiment: Pomerantz LLP announced an investor investigation into onsemi, which can create overhang and pressure the shares despite limited details so far. Investor Alert: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ON Semiconductor Corporation – ON

About onsemi

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. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.