B. Riley Has Lowered Expectations for Onsemi (NASDAQ:ON) Stock Price

Onsemi (NASDAQ:ON) had its price objective cut by B. Riley from $100.00 to $90.00 in a research report report published on Friday, Marketbeat.com reports. They currently have a buy rating on the semiconductor company’s stock. B. Riley also issued estimates for Onsemi’s Q1 2025 earnings at $0.88 EPS, Q2 2025 earnings at $1.00 EPS, Q3 2025 earnings at $1.15 EPS, Q4 2025 earnings at $1.14 EPS, Q1 2026 earnings at $1.15 EPS and Q2 2026 earnings at $1.23 EPS.

Other analysts have also recently issued reports about the company. Robert W. Baird lifted their price target on Onsemi from $70.00 to $75.00 and gave the stock a “neutral” rating in a report on Tuesday, October 29th. Loop Capital began coverage on shares of Onsemi in a research report on Monday, November 11th. They issued a “buy” rating and a $95.00 target price for the company. Truist Financial reaffirmed a “hold” rating and set a $60.00 price target (down from $85.00) on shares of Onsemi in a research report on Friday, January 10th. Susquehanna cut their price objective on shares of Onsemi from $80.00 to $70.00 and set a “positive” rating for the company in a report on Wednesday. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $87.00 price target on shares of Onsemi in a research report on Tuesday, November 19th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $81.70.

Onsemi Trading Down 3.1 %

ON stock opened at $54.50 on Friday. Onsemi has a one year low of $53.10 and a one year high of $85.16. The stock has a market cap of $23.21 billion, a price-to-earnings ratio of 13.52, a price-to-earnings-growth ratio of 10.62 and a beta of 1.64. The company has a fifty day moving average price of $64.00 and a two-hundred day moving average price of $69.17. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.07 and a quick ratio of 2.02.

Onsemi (NASDAQ:ON) last announced its earnings results on Monday, October 28th. The semiconductor company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.97 by $0.02. The business had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.75 billion. Onsemi had a net margin of 23.80% and a return on equity of 22.38%. Onsemi’s revenue was down 19.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.39 EPS. Equities analysts anticipate that Onsemi will post 4 EPS for the current year.

Insider Transactions at Onsemi

In other news, CEO Hassane El-Khoury sold 1,500 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $71.00, for a total transaction of $106,500.00. Following the completion of the sale, the chief executive officer now directly owns 837,710 shares of the company’s stock, valued at $59,477,410. The trade was a 0.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.31% of the company’s stock.

Hedge Funds Weigh In On Onsemi

Several institutional investors have recently modified their holdings of the business. Geode Capital Management LLC boosted its stake in Onsemi by 3.0% in the 3rd quarter. Geode Capital Management LLC now owns 10,602,000 shares of the semiconductor company’s stock worth $767,646,000 after purchasing an additional 309,445 shares during the period. Van ECK Associates Corp boosted its stake in Onsemi by 26.4% during the third quarter. Van ECK Associates Corp now owns 3,495,056 shares of the semiconductor company’s stock valued at $237,559,000 after buying an additional 729,081 shares during the period. Allspring Global Investments Holdings LLC increased its stake in Onsemi by 14.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,968,160 shares of the semiconductor company’s stock worth $215,518,000 after acquiring an additional 380,471 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Onsemi by 1.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,404,589 shares of the semiconductor company’s stock valued at $174,597,000 after acquiring an additional 31,889 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Onsemi by 19.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,009,180 shares of the semiconductor company’s stock valued at $145,887,000 after acquiring an additional 326,734 shares during the last quarter. 97.70% of the stock is owned by institutional investors.

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.