onsemi (NASDAQ:ON) Stock Has Average Target Price of $94.76

onsemi (NASDAQ:ON) has been assigned an average recommendation of “Moderate Buy” from the thirty research firms that are covering the firm, Marketbeat reports. Fifteen research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $94.76.

ON has been the topic of a number of research reports. TD Cowen dropped their price target on onsemi from $110.00 to $95.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. Zacks Research cut onsemi from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. UBS Group reissued a “neutral” rating on shares of onsemi in a report on Thursday, September 17th. Citigroup lowered their target price on shares of onsemi from $120.00 to $98.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Finally, Evercore reaffirmed an “outperform” rating and issued a $137.00 target price on shares of onsemi in a report on Friday, June 26th.

onsemi Stock Performance

NASDAQ ON opened at $80.08 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.46 and a quick ratio of 2.49. onsemi has a 1 year low of $44.56 and a 1 year high of $134.92. The company has a market capitalization of $31.18 billion, a PE ratio of 51.33, a P/E/G ratio of 0.64 and a beta of 2.05. The company has a fifty day moving average of $76.44 and a two-hundred day moving average of $88.44.

onsemi (NASDAQ:ON) last issued its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.02. onsemi had a return on equity of 14.06% and a net margin of 10.17%.The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter last year, the company posted $0.53 earnings per share. The business’s quarterly revenue 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 expect that onsemi will post 3.2 earnings per share for the current year.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: More shareholder-friendly transaction: onsemi will pay $123 per Synaptics share in cash, reducing potential equity dilution and giving onsemi investors greater certainty on the purchase price. The companies said the revised terms are expected to provide immediate EPS accretion. onsemi and Synaptics Announce Revised Merger Agreement
• Positive Sentiment: Competitive bidding improved terms: The amendment indicates Synaptics’ competing proposal prompted onsemi to restructure the acquisition, while management characterized the new arrangement as delivering higher value to onsemi shareholders than the prior agreement. onsemi agrees to buy Synaptics for $123 per share in cash in revised deal
• Positive Sentiment: Strategic expansion remains intact: The acquisition would broaden onsemi’s semiconductor portfolio through Synaptics’ connectivity, edge-AI and human-interface technologies. Separately, a camera supplier validated products using onsemi image sensors, offering a modest commercial-use signal. Vadzo Imaging validates an onsemi camera product
• Neutral Sentiment: The revised acquisition is expected to be approximately $5.7 billion, smaller than the roughly $7 billion value associated with the original stock-based proposal. Investors will likely focus on financing, closing conditions and the pace at which projected synergies translate into earnings.
• Negative Sentiment: An all-cash purchase increases onsemi’s funding requirements and leaves the company exposed to integration and execution risks. The transaction must also clear customary shareholder and regulatory conditions.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ON. Andra AP fonden purchased a new position in shares of onsemi during the second quarter worth about $2,704,000. Sequoia Financial Advisors LLC raised its stake in onsemi by 1.7% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 20,170 shares of the semiconductor company’s stock valued at $1,907,000 after acquiring an additional 344 shares during the last quarter. Arlington Capital Management Inc. purchased a new stake in onsemi during the 2nd quarter valued at approximately $246,000. WINTON GROUP Ltd acquired a new stake in onsemi during the 2nd quarter worth approximately $293,000. Finally, Engineers Gate Manager LP lifted its position in onsemi by 570.3% during the 2nd quarter. Engineers Gate Manager LP now owns 304,377 shares of the semiconductor company’s stock worth $28,776,000 after acquiring an additional 258,968 shares during the period. 97.70% of the stock is currently owned by institutional investors and hedge funds.

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.