ON Semiconductor Corporation

🇺🇸NASDAQ Global Select
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ON Semiconductor Corporation stock analysis ON overview
Somewhat Bearish -35

ON SEMICONDUCTOR ($ON) Releases Q1 2026 Earnings | ON Stock News - Quiver Quantitative

📉 ON Semiconductor reported Q1 2026 revenue of $1.513 billion, missing estimates by $18.3 million.

✅ The company beat Q1 2026 earnings per share expectations with a result of $0.64 versus an estimate of $0.62.

📉 Stock price dropped 4.56% immediately following the market close on May 4th, 2026.

💸 Executives Trent Thad, Simon Keeton, and Hassane El-Khoury sold a combined total of over $19 million in shares over the last six months.

📉 Major institutional investors including UBS Asset Management, JPMorgan Chase, and Capital International Investors significantly reduced their holdings in Q4 2025.

🎯 Analyst price targets vary widely with a median of $69.00, ranging from a low of $60.00 by Cantor Fitzgerald to a high of $85.00 by B of A Securities.

Bullish Signals
  • The company successfully beat quarterly earnings per share estimates by $0.02, demonstrating operational profitability despite revenue misses.
  • Vivek Arya from B of A Securities maintains a bullish price target of $85.00, suggesting potential upside from current levels.
Risk Factors
  • Revenue of $1.513 billion missed analyst estimates by approximately $18.3 million, indicating weaker top-line performance.
  • Significant insider selling occurred over the last six months, with three executives executing only sales totaling over $19 million.
  • Major institutional investors including UBS Asset Management and JPMorgan Chase reduced their positions by hundreds of millions of dollars in Q4 2025.
Full Analysis
ON Semiconductor reported its Q1 2026 earnings results on May 4th, posting EPS of $0.64 which beat analyst estimates of $0.62 by $0.02. However, the company's revenue came in at $1.513 billion, missing the consensus estimate of approximately $1.532 billion by roughly $18.3 million. Despite the positive earnings surprise, the stock price declined 4.56% following market close. Insider trading activity has been predominantly negative over the past six months, with executives Trent Thad, Simon Keeton, and Hassane El-Khoury executing only sales totaling over $19 million. Concurrently, institutional investors have reduced their positions significantly in Q4 2025, with major entities like UBS Asset Management, JPMorgan Chase, and Capital International Investors removing hundreds of millions of dollars worth of shares from their portfolios. Analyst sentiment remains mixed with a median price target of $69.00 set by 16 analysts in the last six months. While Vivek Arya of B of A Securities maintains an optimistic $85.00 target, other major firms like Cantor Fitzgerald and Truist Securities have set lower targets ranging from $60 to $75. The article concludes with unrelated market news regarding inflation and other tech sector developments.