onsemi (NASDAQ:ON) Given New $85.00 Price Target at Wells Fargo & Company

onsemi (NASDAQ:ON) had its price target cut by research analysts at Wells Fargo & Company from $95.00 to $85.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has an “overweight” rating on the semiconductor company’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 27.63% from the company’s previous close.

ON has been the topic of a number of other research reports. UBS Group reiterated a “neutral” rating and set a $95.00 price objective on shares of onsemi in a research note on Monday, June 29th. Rosenblatt Securities restated a “neutral” rating and set a $85.00 price objective on shares of onsemi in a research note on Tuesday, August 4th. Mizuho reduced their price target on onsemi from $125.00 to $110.00 and set an “outperform” rating for the company in a report on Tuesday, August 4th. Cantor Fitzgerald cut their price objective on onsemi from $110.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, Susquehanna increased their price target on onsemi from $140.00 to $150.00 and gave the company a “positive” rating in a research note on Thursday, July 9th. Fifteen analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $95.24.

onsemi Trading Down 9.0%

NASDAQ ON opened at $66.60 on Thursday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.49 and a current ratio of 3.46. onsemi has a 52 week low of $44.56 and a 52 week high of $134.92. The stock has a market capitalization of $25.93 billion, a price-to-earnings ratio of 42.69, a PEG ratio of 0.60 and a beta of 2.00. The stock’s 50 day moving average price is $80.23 and its two-hundred day moving average price is $87.41.

onsemi (NASDAQ:ON) last released its earnings results on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter last year, the firm earned $0.53 earnings per share. The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. As a group, analysts anticipate that onsemi will post 3.23 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ON. Root Financial Partners LLC boosted its position in shares of onsemi by 42.1% in the fourth 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. SHP Wealth Management bought a new position in shares of onsemi during the fourth quarter worth approximately $32,000. Ascentis Independent Advisors acquired a new stake in shares of onsemi in the first quarter valued at approximately $36,000. Deseret Mutual Benefit Administrators grew its position in onsemi by 28.2% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock worth $39,000 after buying an additional 160 shares in the last quarter. Finally, Clearstead Advisors LLC raised its holdings in onsemi by 180.4% in the 4th quarter. Clearstead Advisors LLC now owns 1,113 shares of the semiconductor company’s stock valued at $60,000 after acquiring an additional 716 shares in the last quarter. Institutional investors own 97.70% of the company’s stock.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi launched its Embedded Power Platform (EPP), which integrates silicon, silicon carbide and gallium nitride devices in a wafer-level package. The company says the architecture could deliver three to five times higher power density, lower power losses and faster development for AI data centers, electric vehicles and industrial systems. onsemi Introduces the Embedded Power Platform
• Positive Sentiment: Subaru entered a strategic technology engagement to evaluate EPP for future electrified vehicles, giving onsemi an early design partner and potential validation for its automotive strategy. Sampling is expected to begin in 2026. Subaru to Evaluate onsemi’s Embedded Power Platform
• Neutral Sentiment: Management outlined a potential $213 billion addressable market by 2030 across automotive, industrial, AI data centers and automation, with a strategy centered on higher-value system solutions rather than individual components. However, the opportunity remains long term and forward-looking, with limited evidence yet of customer revenue, production commitments or financial targets. onsemi Charts Path to Power the Next Decade of Innovation
• Negative Sentiment: Investors appeared disappointed that Investor Day emphasized ambitious technology and market projections rather than immediate earnings growth, concrete customer commitments or detailed financial milestones. The reaction suggests the market wanted clearer proof that EPP can translate into near-term revenue and margin expansion.

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.