Onsemi (NASDAQ:ON) Given New $90.00 Price Target at B. Riley

Onsemi (NASDAQ:ON) had its price target decreased by B. Riley from $100.00 to $90.00 in a research report report published on Friday morning, Marketbeat reports. B. Riley currently has a buy rating on the semiconductor company’s stock. B. Riley also issued estimates for Onsemi’s Q1 2025 earnings at $0.88 EPS, Q2 2025 earnings at $1.00 EPS, Q3 2025 earnings at $1.15 EPS, Q4 2025 earnings at $1.14 EPS, Q1 2026 earnings at $1.15 EPS and Q2 2026 earnings at $1.23 EPS.

Several other equities analysts have also issued reports on the company. Robert W. Baird boosted their price target on Onsemi from $70.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, October 29th. Roth Mkm restated a “buy” rating and set a $100.00 price objective on shares of Onsemi in a research report on Thursday, December 12th. Needham & Company LLC reaffirmed a “buy” rating and issued a $87.00 target price on shares of Onsemi in a research report on Tuesday, November 19th. Loop Capital assumed coverage on shares of Onsemi in a research note on Monday, November 11th. They issued a “buy” rating and a $95.00 price objective for the company. Finally, Truist Financial reiterated a “hold” rating and set a $60.00 target price (down from $85.00) on shares of Onsemi in a research report on Friday, January 10th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat.com, Onsemi has a consensus rating of “Moderate Buy” and an average price target of $81.70.

Onsemi Trading Down 3.1 %

Shares of ON stock opened at $54.50 on Friday. Onsemi has a 12 month low of $53.10 and a 12 month high of $85.16. The company has a market cap of $23.21 billion, a PE ratio of 13.52, a price-to-earnings-growth ratio of 10.62 and a beta of 1.64. The company has a quick ratio of 2.02, a current ratio of 3.07 and a debt-to-equity ratio of 0.30. The business’s 50 day moving average is $64.00 and its two-hundred day moving average is $69.17.

Onsemi (NASDAQ:ON) last announced its earnings results on Monday, October 28th. The semiconductor company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.97 by $0.02. Onsemi had a net margin of 23.80% and a return on equity of 22.38%. The firm had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter last year, the firm posted $1.39 EPS. The business’s quarterly revenue was down 19.2% on a year-over-year basis. Equities analysts predict that Onsemi will post 4 EPS for the current year.

Insider Buying and Selling

In other Onsemi news, CEO Hassane El-Khoury sold 1,500 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $71.00, for a total transaction of $106,500.00. Following the completion of the transaction, the chief executive officer now owns 837,710 shares in the company, valued at approximately $59,477,410. This represents a 0.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.31% of the stock is owned by company insiders.

Institutional Trading of Onsemi

A number of institutional investors have recently made changes to their positions in ON. Rheos Capital Works Inc. grew its stake in Onsemi by 14.6% in the fourth quarter. Rheos Capital Works Inc. now owns 149,500 shares of the semiconductor company’s stock valued at $9,426,000 after purchasing an additional 19,000 shares in the last quarter. Spire Wealth Management grew its stake in shares of Onsemi by 81.6% in the fourth quarter. Spire Wealth Management now owns 2,216 shares of the semiconductor company’s stock valued at $140,000 after buying an additional 996 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings in Onsemi by 3.5% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 12,736 shares of the semiconductor company’s stock worth $803,000 after buying an additional 430 shares during the last quarter. Capital Insight Partners LLC lifted its stake in Onsemi by 6.9% in the fourth quarter. Capital Insight Partners LLC now owns 62,676 shares of the semiconductor company’s stock valued at $3,952,000 after acquiring an additional 4,020 shares during the last quarter. Finally, China Universal Asset Management Co. Ltd. grew its position in shares of Onsemi by 27.5% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 6,929 shares of the semiconductor company’s stock valued at $437,000 after acquiring an additional 1,496 shares during the period. Institutional investors own 97.70% of the company’s stock.

About Onsemi

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.