FY2026 EPS Forecast for ON Semiconductor Reduced by Analyst

ON Semiconductor Corporation (NASDAQ:ON) – Investment analysts at Roth Capital lowered their FY2026 earnings per share (EPS) estimates for ON Semiconductor in a note issued to investors on Monday, November 3rd. Roth Capital analyst S. Desilva now expects that the semiconductor company will post earnings per share of $2.80 for the year, down from their prior estimate of $2.81. The consensus estimate for ON Semiconductor’s current full-year earnings is $2.60 per share.

Other equities analysts have also issued reports about the company. TD Cowen lifted their price objective on ON Semiconductor from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday. Susquehanna reaffirmed a “positive” rating and issued a $65.00 price objective (down from $75.00) on shares of ON Semiconductor in a research note on Tuesday, August 5th. Needham & Company LLC lifted their price objective on ON Semiconductor from $50.00 to $58.00 and gave the stock a “buy” rating in a research note on Monday, August 4th. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $50.00 price objective on shares of ON Semiconductor in a research note on Tuesday. Finally, Citigroup cut their price objective on ON Semiconductor from $60.00 to $54.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 5th. Fourteen investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $59.08.

ON Semiconductor Price Performance

ON Semiconductor stock opened at $50.08 on Thursday. The stock’s 50 day moving average is $50.12 and its 200 day moving average is $49.75. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.02 and a quick ratio of 3.37. The firm has a market cap of $20.48 billion, a P/E ratio of 46.80, a P/E/G ratio of 2.58 and a beta of 1.49. ON Semiconductor has a one year low of $31.04 and a one year high of $74.52.

ON Semiconductor (NASDAQ:ON) last announced its quarterly earnings results on Monday, November 3rd. The semiconductor company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period last year, the firm posted $0.99 earnings per share. The business’s revenue for the quarter was down 12.0% on a year-over-year basis. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS.

Insider Activity at ON Semiconductor

In other news, CEO Hassane El-Khoury sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $51.22, for a total transaction of $768,300.00. Following the completion of the sale, the chief executive officer owned 977,814 shares in the company, valued at $50,083,633.08. The trade was a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On ON Semiconductor

Several hedge funds and other institutional investors have recently modified their holdings of ON. Baillie Gifford & Co. bought a new stake in shares of ON Semiconductor during the first quarter valued at approximately $219,001,000. Norges Bank bought a new stake in shares of ON Semiconductor during the second quarter valued at approximately $228,835,000. Rafferty Asset Management LLC increased its holdings in shares of ON Semiconductor by 55.0% during the second quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after acquiring an additional 2,072,125 shares in the last quarter. Pacer Advisors Inc. increased its holdings in shares of ON Semiconductor by 2,735.5% during the first quarter. Pacer Advisors Inc. now owns 2,146,221 shares of the semiconductor company’s stock valued at $87,330,000 after acquiring an additional 2,070,529 shares in the last quarter. Finally, M&G PLC increased its holdings in shares of ON Semiconductor by 164.2% during the second quarter. M&G PLC now owns 2,459,104 shares of the semiconductor company’s stock valued at $127,873,000 after acquiring an additional 1,528,311 shares in the last quarter. Institutional investors own 97.70% of the company’s stock.

About ON Semiconductor

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.