onsemi (NASDAQ:ON) Issues Q4 2026 Earnings Guidance

onsemi (NASDAQ:ON) issued an update on its fourth quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.950-1.070 for the period, compared to the consensus EPS 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.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. B. Riley Financial cut their price target on onsemi from $105.00 to $97.00 and set a “buy” rating on the stock in a report on Tuesday. The Goldman Sachs Group decreased their price objective on onsemi from $95.00 to $85.00 in a report on Tuesday. Robert W. Baird lifted their target price on onsemi from $100.00 to $108.00 and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Needham & Company LLC restated a “buy” rating and issued a $116.00 target price on shares of onsemi in a research note on Tuesday. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $62.00 target price on shares of onsemi in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, onsemi has a consensus rating of “Moderate Buy” and an average price target of $95.66.

onsemi Trading Up 3.6%

onsemi stock opened at $72.60 on Wednesday. The firm has a 50-day moving average of $74.68 and a 200-day moving average of $82.08. onsemi has a one year low of $44.56 and a one year high of $134.92. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.46 and a quick ratio of 2.49. The company has a market cap of $28.26 billion, a price-to-earnings ratio of 42.21, a P/E/G ratio of 0.58 and a beta of 2.11.

onsemi (NASDAQ:ON) last announced its quarterly earnings data on Monday, November 2nd. The semiconductor company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.02. onsemi had a return on equity of 15.61% and a net margin of 10.82%. The company had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter last year, the company earned $0.63 EPS. onsemi’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, equities analysts expect that onsemi will post 3.21 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other onsemi news, insider Sudhir Gopalswamy sold 15,578 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was 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 of the company’s stock, valued at $12,654,160. The trade was a 8.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by corporate insiders.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Results and outlook topped expectations. Third-quarter adjusted EPS was $0.90 versus the $0.88 consensus, while revenue rose 11% year over year to about $1.72 billion. For Q4, onsemi forecast adjusted EPS of $0.95–$1.07, above the $0.96 consensus midpoint comparison. onsemi Q3 results
• Positive Sentiment: AI data-center growth is a major driver. The segment’s revenue grew 175% year over year, and management expects AI data-center revenue to exceed $3 billion by 2030—$500 million above its previous target. Q3 earnings call highlights
• Positive Sentiment: Ferric deal strengthens the AI opportunity. onsemi agreed to acquire Ferric for $600 million in cash, plus up to $175 million tied to milestones, adding integrated voltage-regulator technology for next-generation AI processors. Ferric acquisition announcement
• Neutral Sentiment: Cash generation and margins also improved: free cash flow rose 31% year over year to $489 million, while industrial demand and manufacturing efficiencies supported margin expansion. Earnings call overview
• Negative Sentiment: Automotive remains a risk. onsemi is prioritizing AI and industrial customers, delaying some automakers’ inventory orders as auto restocking remains slow. Automotive restocking and AI sales
• Negative Sentiment: Some analysts lowered targets, signaling caution despite the AI outlook; Evercore cut its target from $137 to $90, while Goldman Sachs and Mizuho also reduced theirs. Evercore analyst action

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.