ON Semiconductor (NASDAQ:ON) Upgraded at Wall Street Zen

ON Semiconductor (NASDAQ:ON) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Other analysts have also recently issued research reports about the company. Craig Hallum reaffirmed a “hold” rating on shares of ON Semiconductor in a research report on Tuesday, February 10th. Weiss Ratings lowered ON Semiconductor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, January 30th. Cantor Fitzgerald reissued a “neutral” rating and issued a $60.00 price objective on shares of ON Semiconductor in a research note on Tuesday, February 10th. Evercore restated an “outperform” rating on shares of ON Semiconductor in a research report on Wednesday, January 7th. Finally, Wells Fargo & Company lifted their target price on ON Semiconductor from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. Twelve research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $64.19.

ON Semiconductor Stock Down 4.1%

ON stock opened at $58.35 on Friday. ON Semiconductor has a 52-week low of $31.04 and a 52-week high of $73.76. The company’s 50 day simple moving average is $63.63 and its 200-day simple moving average is $56.12. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.52 and a quick ratio of 2.98. The firm has a market capitalization of $22.99 billion, a P/E ratio of 171.62, a P/E/G ratio of 0.65 and a beta of 1.52.

ON Semiconductor (NASDAQ:ON) last posted 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. ON Semiconductor had a net margin of 2.02% and a return on equity of 12.22%. The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter last year, the business posted $0.95 EPS. The company’s 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. As a group, equities research analysts anticipate that ON Semiconductor will post 2.6 EPS for the current year.

Insider Buying and Selling

In other ON Semiconductor news, CFO Trent Thad sold 60,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $71.22, for a total value of $4,273,200.00. Following the completion of the sale, the chief financial officer directly owned 339,460 shares of the company’s stock, valued at $24,176,341.20. The trade was a 15.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Sudhir Gopalswamy sold 6,114 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the transaction, the insider owned 173,943 shares in the company, valued at approximately $10,205,235.81. This trade represents a 3.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 86,114 shares of company stock worth $6,092,308. Insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On ON Semiconductor

Institutional investors and hedge funds have recently modified their holdings of the business. Private Trust Co. NA raised its holdings in ON Semiconductor by 72.8% during 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 in the last quarter. CVA Family Office LLC boosted its stake in shares of ON Semiconductor by 83.7% during the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 215 shares in the last quarter. Root Financial Partners LLC increased its holdings in shares of 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 last quarter. Quent Capital LLC acquired a new position in shares of ON Semiconductor during the 3rd quarter valued at about $28,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its stake in shares of ON Semiconductor by 68.7% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 235 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Key Stories Impacting ON Semiconductor

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

• Positive Sentiment: ON posted a small quarterly EPS beat (reported $0.64 vs ~$0.62 expected), showing margin resilience even as revenue declined — this helps justify the stock for growth/value investors focused on profitability metrics.
• Neutral Sentiment: Sony announced a PS5 price increase that media frames as a signal about memory-chip costs and consumer headwinds; this is a sector-level datapoint that could influence demand expectations for semiconductor suppliers but is not a direct ON-specific announcement. Sony PS5 Price Hikes
• Negative Sentiment: MarketWatch flagged that ON is underperforming peers despite intraday gains — a sign of investor de-risking. Coupled with a revenue miss (down ~11% YoY) and a high P/E, this increases downside risk if macro or end-market demand softens. ON Underperforms Peers

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.