Cantor Fitzgerald Reaffirms “Neutral” Rating for onsemi (NASDAQ:ON)

onsemi (NASDAQ:ON)‘s stock had its “neutral” rating restated by research analysts at Cantor Fitzgerald in a report issued on Tuesday, Benzinga reports. They currently have a $90.00 price target on the semiconductor company’s stock. Cantor Fitzgerald‘s price target points to a potential upside of 28.37% from the stock’s previous close.

A number of other brokerages have also issued reports on ON. TD Cowen cut their target price on onsemi from $95.00 to $75.00 and set a “hold” rating on the stock in a research report on Monday, October 19th. Stifel Nicolaus increased their price target on onsemi from $75.00 to $80.00 and gave the company a “hold” rating in a research report on Monday, October 5th. Zacks Research cut onsemi from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Susquehanna cut their price objective on onsemi from $150.00 to $120.00 and set a “positive” rating on the stock in a report on Wednesday, October 21st. Finally, Rosenblatt Securities reduced their price objective on shares of onsemi from $85.00 to $80.00 and set a “neutral” rating for the company in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $91.81.

onsemi Trading Down 2.2%

Shares of onsemi stock opened at $70.11 on Tuesday. 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 firm has a market cap of $27.29 billion, a price-to-earnings ratio of 44.94, a price-to-earnings-growth ratio of 0.62 and a beta of 2.05. The business has a fifty day simple moving average of $74.67 and a 200-day simple moving average of $82.02. onsemi has a fifty-two week low of $44.56 and a fifty-two week high of $134.92.

onsemi (NASDAQ:ON) last announced its earnings results 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 14.06% and a net margin of 10.17%. The business had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter last year, the business posted $0.63 earnings per share. The company’s quarterly revenue was up 11.1% on a year-over-year basis. On average, equities analysts forecast that onsemi will post 3.21 EPS for the current fiscal year.

Insider Transactions at onsemi

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 shares were sold at an average price of $80.00, for a total value of $1,246,240.00. Following the completion of the sale, the insider directly owned 158,177 shares of the company’s stock, valued at $12,654,160. The trade was a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is owned by company insiders.

Institutional Investors Weigh In On onsemi

Institutional investors and hedge funds have recently modified their holdings of the business. CenterBook Partners LP boosted its holdings in onsemi by 162.4% in the third quarter. CenterBook Partners LP now owns 187,420 shares of the semiconductor company’s stock worth $14,407,000 after purchasing an additional 115,987 shares in the last quarter. Alta Advisers Ltd bought a new position in onsemi during the third quarter valued at about $225,000. Kestra Advisory Services LLC raised its holdings in onsemi by 13.5% during the third quarter. Kestra Advisory Services LLC now owns 16,911 shares of the semiconductor company’s stock valued at $1,300,000 after buying an additional 2,006 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of onsemi by 33.2% in the third quarter. Chicago Partners Investment Group LLC now owns 10,555 shares of the semiconductor company’s stock worth $763,000 after buying an additional 2,631 shares during the last quarter. Finally, Rakuten Investment Management Inc. lifted its position in shares of onsemi by 12.9% in the third quarter. Rakuten Investment Management Inc. now owns 129,575 shares of the semiconductor company’s stock worth $9,841,000 after buying an additional 14,771 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Key Stories Impacting onsemi

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.