B. Riley Brokers Decrease Earnings Estimates for Onsemi

Onsemi (NASDAQ:ON - Free Report) - Equities researchers at B. Riley dropped their Q3 2025 earnings per share (EPS) estimates for shares of Onsemi in a research report issued to clients and investors on Thursday, April 24th. B. Riley analyst C. Ellis now forecasts that the semiconductor company will post earnings per share of $0.63 for the quarter, down from their prior forecast of $0.74. B. Riley currently has a "Neutral" rating and a $41.00 target price on the stock. The consensus estimate for Onsemi's current full-year earnings is $2.60 per share. B. Riley also issued estimates for Onsemi's Q4 2025 earnings at $0.67 EPS, FY2025 earnings at $2.23 EPS, Q1 2026 earnings at $0.69 EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.83 EPS, Q4 2026 earnings at $0.82 EPS and FY2026 earnings at $3.10 EPS.

Other analysts have also issued research reports about the company. Susquehanna decreased their price objective on Onsemi from $70.00 to $60.00 and set a "positive" rating on the stock in a report on Tuesday, February 11th. KeyCorp decreased their price target on Onsemi from $60.00 to $55.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Benchmark decreased their price target on Onsemi from $90.00 to $60.00 and set a "buy" rating on the stock in a research note on Wednesday, February 12th. The Goldman Sachs Group decreased their price target on Onsemi from $77.00 to $64.00 and set a "buy" rating on the stock in a research note on Tuesday, February 11th. Finally, Wells Fargo & Company decreased their price target on Onsemi from $80.00 to $60.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 11th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $62.24.

Onsemi Stock Performance

Shares of NASDAQ:ON traded up $0.41 during trading on Friday, hitting $40.04. 6,084,277 shares of the stock were exchanged, compared to its average volume of 7,475,192. Onsemi has a 1-year low of $31.04 and a 1-year high of $80.08. The company has a market capitalization of $16.90 billion, a price-to-earnings ratio of 11.03, a price-to-earnings-growth ratio of 16.74 and a beta of 1.48. The company's fifty day simple moving average is $41.56 and its 200-day simple moving average is $55.65. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.38 and a current ratio of 5.06.

Onsemi (NASDAQ:ON - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.95 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.03). Onsemi had a return on equity of 20.10% and a net margin of 22.21%.

Hedge Funds Weigh In On Onsemi

Institutional investors have recently added to or reduced their stakes in the business. Truvestments Capital LLC increased its stake in shares of Onsemi by 3.8% in the fourth quarter. Truvestments Capital LLC now owns 5,661 shares of the semiconductor company's stock worth $357,000 after buying an additional 207 shares during the period. Assetmark Inc. increased its stake in shares of Onsemi by 0.3% in the fourth quarter. Assetmark Inc. now owns 78,495 shares of the semiconductor company's stock worth $4,949,000 after buying an additional 235 shares during the period. V Square Quantitative Management LLC increased its position in Onsemi by 3.9% during the 4th quarter. V Square Quantitative Management LLC now owns 6,727 shares of the semiconductor company's stock valued at $424,000 after purchasing an additional 252 shares during the period. Huntington National Bank increased its position in Onsemi by 8.9% during the 4th quarter. Huntington National Bank now owns 3,310 shares of the semiconductor company's stock valued at $209,000 after purchasing an additional 271 shares during the period. Finally, Elequin Capital LP increased its position in Onsemi by 108.3% during the 4th quarter. Elequin Capital LP now owns 527 shares of the semiconductor company's stock valued at $33,000 after purchasing an additional 274 shares during the period. 97.70% of the stock is currently owned by institutional investors.

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.