onsemi (NASDAQ:ON) Stock Price Expected to Rise, Truist Financial Analyst Says

onsemi (NASDAQ:ON) had its price objective increased by stock analysts at Truist Financial from $75.00 to $76.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a “hold” rating on the semiconductor company’s stock. Truist Financial‘s price target points to a potential upside of 4.11% from the company’s current price.

A number of other research firms also recently commented on ON. UBS Group reissued a “neutral” rating on shares of onsemi in a report on Thursday, September 17th. Rosenblatt Securities lowered their price target on shares of onsemi from $85.00 to $80.00 and set a “neutral” rating on the stock in a research note on Tuesday. Cantor Fitzgerald reiterated a “neutral” rating and issued a $90.00 price target on shares of onsemi in a report on Tuesday. Seaport Research Partners started coverage on shares of onsemi in a research note on Tuesday, September 22nd. They issued a “buy” rating and a $100.00 price objective for the company. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $62.00 price objective on shares of onsemi in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat.com, onsemi presently has a consensus rating of “Moderate Buy” and an average price target of $92.22.

onsemi Stock Performance

NASDAQ ON traded up $2.89 on Tuesday, hitting $73.00. 5,428,852 shares of the company’s stock were exchanged, compared to its average volume of 10,497,945. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.46 and a quick ratio of 2.49. The firm’s 50-day moving average price is $74.67 and its two-hundred day moving average price is $82.02. onsemi has a fifty-two week low of $44.56 and a fifty-two week high of $134.92. The firm has a market cap of $28.42 billion, a price-to-earnings ratio of 46.85, a P/E/G ratio of 0.62 and a beta of 2.05.

onsemi (NASDAQ:ON) last posted its quarterly earnings results on Monday, November 2nd. The semiconductor company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.88 by $0.02. onsemi had a return on equity of 14.06% and a net margin of 10.17%. The business had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the firm earned $0.63 EPS. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, research analysts expect that onsemi will post 3.21 EPS for the current year.

Insider Buying and Selling at onsemi

In other news, insider Sudhir Gopalswamy sold 15,578 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $80.00, for a total value of $1,246,240.00. Following the completion of the transaction, the insider owned 158,177 shares in the company, valued at $12,654,160. This trade represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through 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.

Institutional Investors Weigh In On onsemi

Large investors have recently added to or reduced their stakes in the business. Greenleaf Trust raised its position in onsemi by 2.5% during the third quarter. Greenleaf Trust now owns 5,890 shares of the semiconductor company’s stock worth $453,000 after acquiring an additional 144 shares during the last quarter. V Square Quantitative Management LLC grew its position in shares of onsemi by 2.7% in the first quarter. V Square Quantitative Management LLC now owns 5,946 shares of the semiconductor company’s stock valued at $368,000 after purchasing an additional 157 shares during the last quarter. Compound Planning Inc. grew its position in shares of onsemi by 3.9% in the first quarter. Compound Planning Inc. now owns 4,733 shares of the semiconductor company’s stock valued at $293,000 after purchasing an additional 179 shares during the last quarter. Root Financial Partners LLC increased its stake in shares of onsemi by 39.4% during the 1st quarter. Root Financial Partners LLC now owns 701 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 198 shares in the last quarter. Finally, Brookstone Capital Management increased its stake in shares of onsemi by 5.6% during the 3rd quarter. Brookstone Capital Management now owns 5,318 shares of the semiconductor company’s stock worth $409,000 after purchasing an additional 284 shares in the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

Key onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: AI growth outlook strengthened: onsemi agreed to acquire Ferric for $600 million in cash, plus up to $175 million in contingent consideration. The deal adds integrated voltage-regulator technology for next-generation AI processors and raises the company’s 2030 AI data-center revenue target by $500 million to more than $3 billion. onsemi to Acquire Ferric
• Positive Sentiment: Quarterly results topped expectations: third-quarter adjusted EPS was $0.90 versus the $0.88 consensus, while revenue rose 11.1% year over year to approximately $1.72 billion, slightly ahead of estimates. Cash flow also improved, with operating cash flow up 23% and free cash flow up 31%. onsemi Reports Third Quarter 2026 Results
• Positive Sentiment: Fourth-quarter guidance was above consensus at the midpoint: onsemi forecast adjusted EPS of $0.95-$1.07 and revenue of $1.7-$1.8 billion, compared with analyst estimates of $0.96 EPS and $1.7 billion in revenue. Why Is ON Semiconductor Stock Gaining Tuesday?
• Neutral Sentiment: Analyst sentiment was mixed: Craig Hallum upgraded onsemi from Hold to Buy with an $85 target, while Cantor Fitzgerald maintained Neutral with a $90 target. These targets remain above the current trading level but indicate continued debate over the pace of recovery.
• Negative Sentiment: Rosenblatt Securities lowered its price target from $85 to $80 and retained a Neutral rating. Investors also initially focused on the possibility that the earnings beat and AI opportunity were not large enough to fully justify elevated expectations. onsemi Q3 results and Ferric deal

onsemi 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. 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.