onsemi (NASDAQ:ON) Issues Earnings Results, Beats Estimates By $0.03 EPS
by Jessica Moore · The Cerbat Gemonsemi (NASDAQ:ON – Get Free Report) announced its earnings results on Monday. The semiconductor company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03, FiscalAI reports. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.49 billion. onsemi had a net margin of 2.02% and a return on equity of 12.22%. onsemi updated its Q2 2026 guidance to 0.650-0.770 EPS.
onsemi Stock Down 1.0%
NASDAQ:ON traded down $0.99 on Monday, hitting $102.04. 16,134,646 shares of the company’s stock were exchanged, compared to its average volume of 9,234,896. The firm has a 50-day moving average price of $69.72 and a 200-day moving average price of $60.97. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.52 and a quick ratio of 2.98. onsemi has a 52 week low of $37.19 and a 52 week high of $105.00. The company has a market cap of $40.14 billion, a P/E ratio of 300.13, a price-to-earnings-growth ratio of 1.05 and a beta of 1.94.
Insiders Place Their Bets
In other news, insider Sudhir Gopalswamy sold 6,114 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $58.67, for a total value 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 represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Hassane El-Khoury sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $73.02, for a total value of $1,460,400.00. Following the completion of the sale, the chief executive officer directly owned 1,015,610 shares of the company’s stock, valued at approximately $74,159,842.20. The trade was a 1.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 146,114 shares of company stock valued at $11,282,308 in the last three months. 0.35% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. DV Equities LLC bought a new position in shares of onsemi during the 4th quarter worth approximately $30,000. Summit Securities Group LLC boosted its stake in shares of onsemi by 346.3% during the 4th quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 464 shares during the period. Darwin Wealth Management LLC bought a new position in shares of onsemi during the 2nd quarter worth approximately $32,000. Atlas Capital Advisors Inc. bought a new position in shares of onsemi during the 4th quarter worth approximately $46,000. Finally, MUFG Securities EMEA plc bought a new position in shares of onsemi during the 2nd quarter worth approximately $65,000. 97.70% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
ON has been the subject of a number of research analyst reports. KeyCorp upped their target price on shares of onsemi from $65.00 to $75.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Craig Hallum reaffirmed a “hold” rating on shares of onsemi in a research note on Tuesday, February 10th. Bank of America raised shares of onsemi from a “neutral” rating to a “buy” rating and upped their target price for the stock from $70.00 to $85.00 in a research note on Monday, April 13th. TD Cowen reissued a “buy” rating on shares of onsemi in a research report on Tuesday, February 10th. Finally, Benchmark cut shares of onsemi from a “buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Fourteen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $67.15.
View Our Latest Report on onsemi
onsemi News Roundup
Here are the key news stories impacting onsemi this week:
- Positive Sentiment: Product/market win: a new USB3 camera (Vadzo Imaging Falcon‑234MGS) is launching using an onsemi AR0234 image sensor — a small but visible design win that underlines onsemi’s footprint in industrial/imaging sensors and diversified end markets. Vadzo Imaging Introduces Falcon‑234MGS
- Positive Sentiment: Momentum: coverage notes onsemi outperformed peers in April (roughly 63% gain vs. TXN’s 45%), highlighting strong investor interest in analog/power/automotive exposure that helped drive the stock’s recent surge. Texas Instruments or ON Semiconductor: Which Analog Chip Stock Won in April?
- Neutral Sentiment: Earnings focus — live/preview coverage: multiple previews and live threads are tracking onsemi’s Q1 report, flagging the key KPIs investors will watch (non‑GAAP EPS, revenue vs. estimates, margin and automotive/AI demand commentary). Results can swing the stock in either direction depending on beats/misses and guidance. Live: onsemi Q1 Earnings Tonight onsemi Q1 Earnings Report Preview
- Negative Sentiment: Valuation and pullback risk: the stock’s big YTD/April rally has pushed multiples and expectations high (background shows a very elevated P/E and market cap). That increases the chance of profit‑taking or a sharp move down if the quarter or forward commentary disappoints.
- Negative Sentiment: Revenue trend to monitor: recent quarterly revenue had been down year‑over‑year in the prior report — investors will be sensitive to any signs of weakness in auto, industrial or inventory corrections in the Q1 release.
About onsemi
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.