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ON Semiconductor Corporation (ON) Stock Forecast

Data as of May 2, 2026

Technology · Current price $102.85 (+2.03%)

Consensus Target
$62.40
Upside
-39.3%
Analysts
25
Rating
Hold(2.64)

Price Target Range

Low $51.00Consensus $62.40High $75.00
▲ Current $102.85

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy6
Hold6
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Feb 12, 2026Tom O'MalleyBarclays$75.00-27.1%
Jan 22, 2026David O'ConnorBNP Paribas$62.00-39.7%
Nov 4, 2025David WilliamsWilliams Trading$60.00-41.7%
Nov 4, 2025William SteinTruist Financial$51.00-50.4%
Nov 4, 2025Angelo ZinoCFRA$64.00-37.8%
Jan 11, 2025Tore SvanbergStifel Nicolaus$60.00-41.7%
Nov 11, 2024Gary MobleyLoop Capital Markets$95.00-7.6%
Oct 29, 2024Tristan GerraRobert W. Baird$75.00-27.1%
Oct 29, 2024Craig EllisB.Riley Financial$100.00-2.8%
Oct 29, 2024Joseph MooreMorgan Stanley$64.00-37.8%
Oct 28, 2024Toshiya HariGoldman Sachs$92.00-10.5%
Oct 28, 2024William SteinTruist Financial$89.00-13.5%
Oct 18, 2024Vijay RakeshMizuho Securities$85.00-17.4%
Jul 30, 2024David WilliamsWilliams Trading$90.00-12.5%
Jul 30, 2024Kevin CassidyRosenblatt Securities$75.00-27.1%
Jul 30, 2024William SteinTruist Financial$97.00-5.7%
Jul 30, 2024Tristan GerraRobert W. Baird$70.00-31.9%
Jul 29, 2024Mark LipacisEvercore ISI$105.00+2.1%
Jul 29, 2024Angelo ZinoCFRA$80.00-22.2%
Jul 17, 2024Christopher RollandSusquehanna$95.00-7.6%

ON vs Sector & Market

MetricONTechnology AvgLarge Cap Avg
Analyst Rating2.642.342.41
Analyst Count251318
Target Upside-39.3%+4072.8%+14.9%
P/E Ratio302.5027.5531.19

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$6.20B$6.29B$6.35B25
2027-03-31$1.56B$1.64B$1.70B9
2027-06-30$1.62B$1.70B$1.76B9
2027-09-30$1.70B$1.78B$1.84B14
2027-12-31$1.72B$1.81B$1.87B9
2028-03-31$1.73B$1.82B$1.88B8
2028-06-30$1.82B$1.91B$1.97B11
2028-09-30$1.89B$1.99B$2.05B8
2028-12-31$1.93B$2.03B$2.09B8

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$2.75$2.92$3.2321
2027-03-31$0.80$0.85$0.899
2027-06-30$0.89$0.95$0.998
2027-09-30$1.01$1.08$1.138
2027-12-31$1.08$1.15$1.2016
2028-03-31$1.17$1.25$1.3016
2028-06-30$1.31$1.40$1.4511
2028-09-30$1.43$1.52$1.589
2028-12-31$1.50$1.59$1.669

Frequently Asked Questions

What is the analyst consensus for ON?

The consensus among 25 analysts covering ON Semiconductor Corporation (ON) is Hold with an average price target of $62.40.

What is the highest price target for ON?

The highest price target for ON is $115.00, set by Seth Basham Analyst Firm at Wedbush on 2023-03-13.

What is the lowest price target for ON?

The lowest price target for ON is $51.00, set by William Stein at Truist Financial on 2025-11-04.

How many analysts cover ON?

25 analysts have issued ratings for ON Semiconductor Corporation in the past 12 months.

Is ON a buy or sell right now?

Based on 25 analyst ratings, ON has a consensus rating of Hold (2.64/5) with a -39.3% upside to the consensus target of $62.40.

What are the earnings estimates for ON?

Analysts estimate ON will report EPS of $2.92 for the period ending 2026-12-31, with revenue estimated at $6.29B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.