onsemi (NASDAQ:ON) Raised to “Strong-Buy” at Stonex Financia

onsemi (NASDAQ:ON) was upgraded by analysts at Stonex Financia to a “strong-buy” rating in a research report issued on Wednesday, Zacks reports.

Several other equities research analysts also recently issued reports on the stock. Sanford C. Bernstein restated an “outperform” rating and set a $62.00 price objective on shares of onsemi in a research report on Wednesday, August 12th. Robert W. Baird boosted their price objective on onsemi from $100.00 to $108.00 and gave the stock a “neutral” rating in a report on Tuesday, August 4th. Truist Financial decreased their target price on onsemi from $91.00 to $75.00 and set a “hold” rating on the stock in a research report on Friday, September 18th. Mizuho lowered their target price on onsemi from $110.00 to $95.00 and set an “outperform” rating on the stock in a research note on Thursday, September 17th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $116.00 target price on shares of onsemi in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and fifteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $95.56.

onsemi Stock Performance

NASDAQ ON opened at $73.70 on Wednesday. The stock has a market cap of $28.69 billion, a PE ratio of 47.24, a P/E/G ratio of 0.61 and a beta of 2.05. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.49 and a current ratio of 3.46. The firm has a 50-day moving average of $75.94 and a 200-day moving average of $89.79. onsemi has a 52-week low of $44.56 and a 52-week high of $134.92.

onsemi (NASDAQ:ON) last announced its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.74 EPS 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 for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the prior year, the business earned $0.53 EPS. onsemi’s quarterly revenue was up 9.2% on a year-over-year basis. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, sell-side analysts anticipate that onsemi will post 3.20 EPS for the current year.

Insider Buying and Selling

In related news, insider Sudhir Gopalswamy sold 15,578 shares of the firm’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 directly owned 158,177 shares of the company’s stock, valued at approximately $12,654,160. This trade represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.35% of the company’s stock.

Institutional Trading of onsemi

A number of institutional investors have recently bought and sold shares of the business. V Square Quantitative Management LLC grew its position in shares of onsemi by 75.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 6,807 shares of the semiconductor company’s stock worth $523,000 after purchasing an additional 2,917 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of onsemi by 7.8% in the third quarter. Assenagon Asset Management S.A. now owns 3,026,628 shares of the semiconductor company’s stock valued at $232,657,000 after buying an additional 218,820 shares in the last quarter. Retirement Planning Co of New England Inc. raised its position in shares of onsemi by 7.9% in the third quarter. Retirement Planning Co of New England Inc. now owns 4,565 shares of the semiconductor company’s stock valued at $351,000 after buying an additional 335 shares in the last quarter. Ninety One UK Ltd acquired a new stake in shares of onsemi in the third quarter valued at approximately $36,000. Finally, ZWJ Investment Counsel Inc. bought a new stake in shares of onsemi in the third quarter valued at approximately $246,000. Institutional investors own 97.70% of the company’s stock.

More onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Energy-storage design win: Sungrow is integrating onsemi’s EliteSiC silicon-carbide hybrid power modules into its PowerTitan 3.0 utility-scale battery-storage platform. The technology is expected to improve inverter efficiency by 0.4%, exceed 99.3% peak efficiency and save more than 475 MWh annually in a 100 MW installation. Sungrow expects to deliver 10 GWh of PowerTitan 3.0 systems in Europe during 2026, supporting the growth outlook for onsemi’s power products. onsemi and Sungrow Advance Utility-Scale Energy Storage Performance
• Positive Sentiment: Bullish analyst view: StoneX reportedly initiated coverage with a Buy rating and sees approximately 54% upside, citing chip-growth potential. Separately, Susquehanna analyst Christopher Rolland has highlighted tightening supply, firmer pricing and improving automotive and industrial demand. Onsemi started at buy at StoneX
• Neutral Sentiment: Earnings catalyst approaching: onsemi will release third-quarter results after the market closes on November 2, 2026, followed by a conference call. Investors will focus on automotive and industrial demand, margins, silicon-carbide adoption and forward guidance. The company’s prior quarter delivered $0.74 in EPS on $1.60 billion of revenue, while current-year analyst consensus is $3.20 EPS. onsemi to Announce Third Quarter Financial Results
• Negative Sentiment: Insider-selling overhang: Quiver data shows onsemi insiders have reported four open-market transactions in the past six months, all sales, including approximately 90,000 shares sold by CFO Trent Thad. This is not necessarily fundamental evidence of weakness, but it may temper sentiment.

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. 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.