onsemi (NASDAQ:ON) Price Target Raised to $100.00

onsemi (NASDAQ:ON) had its price objective hoisted by Wells Fargo & Company from $85.00 to $100.00 in a research report report published on Friday morning,Benzinga reports. They currently have an overweight rating on the semiconductor company’s stock.

Several other research analysts have also recently weighed in on the stock. Seaport Research Partners began coverage on shares of onsemi in a report on Tuesday, September 22nd. They issued a “buy” rating and a $100.00 price target on the stock. Cantor Fitzgerald reduced their target price on onsemi from $110.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, September 17th. 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. B. Riley Financial lowered their price target on onsemi from $135.00 to $127.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Finally, Mizuho dropped their price target on onsemi from $110.00 to $95.00 and set an “outperform” rating for the company in a research report on Thursday, September 17th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $95.36.

onsemi Price Performance

ON stock opened at $84.89 on Friday. The firm has a 50 day moving average of $76.40 and a 200-day moving average of $88.61. The company has a current ratio of 3.46, a quick ratio of 2.49 and a debt-to-equity ratio of 0.51. onsemi has a 12 month low of $44.56 and a 12 month high of $134.92. The firm has a market capitalization of $33.05 billion, a P/E ratio of 54.42, a price-to-earnings-growth ratio of 0.70 and a beta of 2.05.

onsemi (NASDAQ:ON) last issued its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.72 by $0.02. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The company had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the previous year, the company earned $0.53 earnings per share. onsemi’s revenue for the quarter was up 9.2% on a year-over-year basis. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. As a group, sell-side analysts predict that onsemi will post 3.2 earnings per share for the current fiscal year.

Insider Transactions at onsemi

In related news, insider Sudhir Gopalswamy sold 15,578 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $80.00, for a total value of $1,246,240.00. Following the transaction, the insider owned 158,177 shares of the company’s stock, valued at $12,654,160. This represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.35% of the company’s stock.

Institutional Investors Weigh In On onsemi

Several hedge funds have recently added to or reduced their stakes in ON. Engineers Gate Manager LP lifted its position in onsemi by 570.3% in the 2nd quarter. Engineers Gate Manager LP now owns 304,377 shares of the semiconductor company’s stock worth $28,776,000 after buying an additional 258,968 shares during the last quarter. Kornitzer Capital Management Inc. KS grew its position in onsemi by 103.0% during the first quarter. Kornitzer Capital Management Inc. KS now owns 89,080 shares of the semiconductor company’s stock valued at $5,516,000 after acquiring an additional 45,200 shares during the last quarter. Swiss National Bank grew its position in onsemi by 5.4% during the first quarter. Swiss National Bank now owns 1,180,800 shares of the semiconductor company’s stock valued at $73,115,000 after acquiring an additional 60,200 shares during the last quarter. ExodusPoint Capital Management LP raised its stake in shares of onsemi by 49.7% during the fourth quarter. ExodusPoint Capital Management LP now owns 667,844 shares of the semiconductor company’s stock worth $36,164,000 after acquiring an additional 221,774 shares in the last quarter. Finally, Van ECK Associates Corp raised its stake in shares of onsemi by 19.7% during the fourth quarter. Van ECK Associates Corp now owns 4,100,943 shares of the semiconductor company’s stock worth $222,066,000 after acquiring an additional 674,408 shares in the last quarter. Institutional investors own 97.70% of the company’s stock.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: More favorable Synaptics deal terms: onsemi and Synaptics amended their merger agreement after Synaptics received an unsolicited competing proposal. The transaction is now an all-cash offer of $123 per Synaptics share, valuing the deal at approximately $5.7 billion versus roughly $7 billion under the previous all-stock structure. The lower purchase price removes expected share dilution and is projected to be immediately accretive to onsemi’s non-GAAP earnings per share. onsemi and Synaptics Announce Revised Merger Agreement
• Positive Sentiment: Analysts raised valuation expectations: Bank of America said the revised transaction could produce a larger earnings benefit than initially expected, while UBS characterized the deal as immediately accretive. Wells Fargo raised its onsemi price target to $100 from $85 and assigned an Overweight rating; Needham reaffirmed a Buy rating with a $116 target. ON Semiconductor’s revised Synaptics deal improves earnings outlook, says BofA
• Positive Sentiment: Positive trading signals: Call-option activity was unusually strong, with traders purchasing 28,912 calls—about 36% above average volume—suggesting increased bullish positioning. The stock also benefited from broad strength in technology shares.
• Neutral Sentiment: Strategic upside remains dependent on execution: Management cited additional revenue opportunities, potential annual run-rate synergies and plans to bring some Synaptics production in-house. These benefits could improve the combined company’s growth profile, but they remain subject to deal completion and integration.
• Negative Sentiment: Insider selling adds a modest cautionary signal: Director Sudhir Gopalswamy sold 15,578 shares for approximately $1.25 million, reducing his position by 8.97%. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, which reduces its significance as a discretionary bearish signal.

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.