onsemi (NASDAQ:ON) Announces Q4 2026 Earnings Guidance

onsemi (NASDAQ:ON) updated its fourth quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.950-1.070 for the period, compared to the consensus earnings per share estimate of 0.960. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

onsemi Trading Down 2.2%

ON opened at $70.11 on Tuesday. onsemi has a twelve month low of $44.56 and a twelve month high of $134.92. The company has a quick ratio of 2.49, a current ratio of 3.46 and a debt-to-equity ratio of 0.51. The company has a fifty day moving average of $74.67 and a 200-day moving average of $82.02. The stock has a market cap of $27.29 billion, a PE ratio of 44.94, a price-to-earnings-growth ratio of 0.62 and a beta of 2.05.

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

Wall Street Analysts Forecast Growth

ON has been the subject of several research analyst reports. Mizuho lowered their price objective on onsemi from $110.00 to $95.00 and set an “outperform” rating for the company in a research report on Thursday, September 17th. Sanford C. Bernstein restated an “outperform” rating and set a $62.00 target price on shares of onsemi in a research report on Wednesday, August 12th. Wells Fargo & Company restated an “overweight” rating and set a $90.00 target price on shares of onsemi in a research report on Tuesday. Craig Hallum raised onsemi from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a research note on Tuesday. Finally, Weiss Ratings upgraded onsemi from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $91.81.

Insider Buying and Selling at onsemi

In other news, insider Sudhir Gopalswamy sold 15,578 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $80.00, for a total transaction of $1,246,240.00. Following the transaction, the insider owned 158,177 shares in the company, valued at approximately $12,654,160. This represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.35% of the company’s stock.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: AI growth outlook raised: onsemi agreed to acquire Ferric, a developer of integrated voltage-regulator technology, for $600 million in cash plus up to $175 million in contingent consideration. The deal is expected to strengthen onsemi’s power-delivery position for next-generation AI processors and lift its 2030 AI data-center revenue target by $500 million to more than $3 billion. onsemi to Acquire Ferric
• Positive Sentiment: Quarterly results topped consensus: Third-quarter revenue rose 11.1% year over year to approximately $1.72 billion, while adjusted earnings were $0.90 per share versus estimates of $0.88. Cash flow also strengthened, with operating cash flow up 23% to $516 million and free cash flow up 31% to $489 million. onsemi Reports Third Quarter 2026 Results
• Positive Sentiment: AI demand is accelerating: Management said AI data-center revenue surged 175% year over year, helped by customer demand and supply constraints that redirected capacity toward the company’s differentiated products. Fourth-quarter revenue guidance of roughly $1.77 billion was reportedly above the analyst consensus. onsemi Q3 Earnings Call Highlights
• Neutral Sentiment: The Ferric acquisition could improve long-term revenue growth, gross margins and earnings per share, but it requires a substantial cash outlay and execution will be needed to integrate the technology and convert AI demand into sustained sales.
• Negative Sentiment: The positive results were not enough to satisfy elevated investor expectations. Reports indicate the stock weakened after the earnings release, suggesting the market may be focused on the pace of broader semiconductor recovery, valuation, and whether AI growth can offset softness in other end markets. Why onsemi Shares Fell Despite Earnings

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.