Investment Analysts’ Weekly Ratings Changes for onsemi (ON)

A number of firms have modified their ratings and price targets on shares of onsemi (NASDAQ: ON) recently:

• 5/28/2026 – onsemi had its price target raised by Mizuho from $130.00 to $150.00. They now have an “outperform” rating on the stock.
• 5/26/2026 – onsemi had its price target raised by Bank of America Corporation from $115.00 to $138.00. They now have a “buy” rating on the stock.
• 5/19/2026 – onsemi had its price target raised by Mizuho from $120.00 to $130.00. They now have an “outperform” rating on the stock.
• 5/13/2026 – onsemi had its price target raised by Cantor Fitzgerald from $95.00 to $100.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – onsemi had its price target raised by Citigroup Inc. from $68.00 to $100.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – onsemi was upgraded by Zacks Research from “hold” to “strong-buy”.
• 5/6/2026 – onsemi had its price target raised by Barclays PLC from $75.00 to $100.00. They now have an “equal weight” rating on the stock.
• 5/5/2026 – onsemi had its “buy” rating reaffirmed by Roth Mkm.
• 5/5/2026 – onsemi had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft.
• 5/5/2026 – onsemi had its price target raised by TD Cowen from $80.00 to $115.00. They now have a “buy” rating on the stock.
• 5/5/2026 – onsemi had its price target raised by Jefferies Financial Group Inc. from $73.00 to $115.00. They now have a “buy” rating on the stock.
• 5/5/2026 – onsemi had its “outperform” rating reaffirmed by Evercore Inc.
• 5/5/2026 – onsemi had its price target raised by Susquehanna from $100.00 to $120.00. They now have a “positive” rating on the stock.
• 5/5/2026 – onsemi had its price target raised by JPMorgan Chase & Co. from $70.00 to $100.00. They now have a “neutral” rating on the stock.
• 5/5/2026 – onsemi had its price target raised by Morgan Stanley from $85.00 to $87.00. They now have an “equal weight” rating on the stock.
• 5/5/2026 – onsemi had its “hold” rating reaffirmed by Truist Financial Corporation. They now have a $101.00 price target on the stock, up from $66.00.
• 5/5/2026 – onsemi had its price target raised by Wells Fargo & Company from $90.00 to $115.00. They now have an “overweight” rating on the stock.
• 5/5/2026 – onsemi had its price target raised by Mizuho from $70.00 to $120.00. They now have an “outperform” rating on the stock.
• 5/5/2026 – onsemi had its price target raised by Needham & Company LLC from $72.00 to $110.00. They now have a “buy” rating on the stock.
• 5/5/2026 – onsemi had its price target raised by Rosenblatt Securities from $60.00 to $85.00. They now have a “neutral” rating on the stock.
• 5/5/2026 – onsemi had its price target raised by Robert W. Baird from $56.00 to $100.00. They now have a “neutral” rating on the stock.
• 4/29/2026 – onsemi had its “sell (d+)” rating reaffirmed by Weiss Ratings.
• 4/23/2026 – onsemi was upgraded by B. Riley Financial, Inc. from “neutral” to “buy”. They now have a $115.00 price target on the stock.
• 4/13/2026 – onsemi was upgraded by Bank of America Corporation from “neutral” to “buy”. They now have a $85.00 price target on the stock, up from $70.00.
• 4/13/2026 – onsemi was upgraded by Wall Street Zen from “hold” to “buy”.
• 4/5/2026 – onsemi was downgraded by Wall Street Zen from “buy” to “hold”.

Insider Activity at onsemi

In other news, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of the sale, the chief financial officer owned 301,194 shares of the company’s stock, valued at $28,011,042. This trade represents a 9.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sudhir Gopalswamy sold 6,114 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the sale, the insider directly owned 173,943 shares of the company’s stock, valued at approximately $10,205,235.81. This trade represents a 3.40% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 66,114 shares of company stock valued at $5,548,708. Insiders own 0.35% of the company’s stock.

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.