FY2025 Earnings Forecast for ON Issued By Cantor Fitzgerald

ON Semiconductor Corporation (NASDAQ:ON) – Cantor Fitzgerald increased their FY2025 earnings estimates for shares of ON Semiconductor in a note issued to investors on Tuesday, November 4th. Cantor Fitzgerald analyst M. Prisco now forecasts that the semiconductor company will earn $2.33 per share for the year, up from their prior forecast of $2.32. The consensus estimate for ON Semiconductor’s current full-year earnings is $2.60 per share. Cantor Fitzgerald also issued estimates for ON Semiconductor’s FY2026 earnings at $2.90 EPS.

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

Several other analysts also recently issued reports on ON. Stifel Nicolaus lifted their price target on shares of ON Semiconductor from $42.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, July 18th. B. Riley reissued a “neutral” rating on shares of ON Semiconductor in a research report on Tuesday, August 5th. Bank of America dropped their price target on shares of ON Semiconductor from $56.00 to $52.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. UBS Group lifted their price target on ON Semiconductor from $50.00 to $55.00 and gave the company a “neutral” rating in a research note on Monday, October 27th. Finally, Truist Financial lifted their price target on ON Semiconductor from $49.00 to $51.00 and gave the company a “hold” rating in a research note on Tuesday. Fourteen analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat, ON Semiconductor presently has an average rating of “Hold” and an average price target of $59.08.

ON Semiconductor Price Performance

ON stock opened at $48.28 on Wednesday. The company’s 50-day moving average is $50.14 and its 200-day moving average is $49.74. ON Semiconductor has a 1 year low of $31.04 and a 1 year high of $74.52. 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 stock has a market capitalization of $19.75 billion, a PE ratio of 45.12, a price-to-earnings-growth ratio of 2.58 and a beta of 1.49.

Hedge Funds Weigh In On ON Semiconductor

Several hedge funds have recently modified their holdings of ON. Teacher Retirement System of Texas lifted its position in shares of ON Semiconductor by 1,453.0% during the 1st quarter. Teacher Retirement System of Texas now owns 62,274 shares of the semiconductor company’s stock worth $2,534,000 after buying an additional 58,264 shares in the last quarter. IFM Investors Pty Ltd raised its stake in shares of ON Semiconductor by 10.9% during the 1st quarter. IFM Investors Pty Ltd now owns 85,542 shares of the semiconductor company’s stock worth $3,481,000 after purchasing an additional 8,404 shares during the period. Crossmark Global Holdings Inc. raised its stake in shares of ON Semiconductor by 2.6% during the 1st quarter. Crossmark Global Holdings Inc. now owns 18,315 shares of the semiconductor company’s stock worth $745,000 after purchasing an additional 469 shares during the period. China Universal Asset Management Co. Ltd. raised its stake in shares of ON Semiconductor by 50.2% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 10,409 shares of the semiconductor company’s stock worth $424,000 after purchasing an additional 3,480 shares during the period. Finally, DekaBank Deutsche Girozentrale raised its stake in shares of ON Semiconductor by 5.5% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 177,890 shares of the semiconductor company’s stock worth $7,127,000 after purchasing an additional 9,268 shares during the period. Institutional investors own 97.70% of the company’s stock.

Insider Activity at ON Semiconductor

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of ON Semiconductor stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total transaction of $768,300.00. Following the transaction, the chief executive officer owned 977,814 shares of the company’s stock, valued at $50,083,633.08. This trade represents a 1.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.31% of the stock is currently owned by corporate insiders.

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.