ON Semiconductor's Quarterly Earnings Preview: What You Need to Know

Company Overview - ON Semiconductor Corporation has a market cap of $23.6 billion and provides intelligent sensing and power solutions globally, serving regions such as Hong Kong, Singapore, the UK, and the US [1] - The company operates through three segments: Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group [1] Financial Performance - Analysts expect ON Semiconductor to report an adjusted EPS of $0.62 for fiscal Q4 2025, a decrease of 34.7% from $0.95 in the same quarter last year [2] - For fiscal 2025, the forecasted adjusted EPS is $2.36, down 40.7% from $3.98 in fiscal 2024, but anticipated to grow 22.9% year-over-year to $2.90 in fiscal 2026 [3] Stock Performance - Over the past 52 weeks, ON Semiconductor shares have risen by 8.9%, underperforming the S&P 500 Index's 19.7% gain and the State Street SPDR S&P Semiconductor ETF's 39.2% increase [4] - Following the Q3 2025 results, which included revenue of $1.55 billion and adjusted EPS of $0.63, shares of ON Semiconductor saw a marginal recovery [5] Market Sentiment - Analysts maintain a cautiously optimistic view on ON stock, with a "Moderate Buy" rating overall; 12 analysts suggest a "Strong Buy," 2 recommend "Moderate Buy," 18 advise a "Hold," and 1 gives a "Strong Sell" rating [6] - The average analyst price target for ON Semiconductor is $60.28, indicating a potential upside of 2.6% from current levels [6]