ON Semiconductor Corporation (ON)
NASDAQ: ON · Real-Time Price · USD
70.49
-3.14 (-4.26%)
At close: Oct 31, 2024, 4:00 PM
70.53
+0.04 (0.06%)
After-hours: Oct 31, 2024, 7:57 PM EDT
ON Semiconductor Stock Forecast
Stock Price Forecast
The 22 analysts with 12-month price forecasts for ON Semiconductor stock have an average target of 86, with a low estimate of 55 and a high estimate of 104. The average target predicts an increase of 22.00% from the current stock price of 70.49.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ON stock from 22 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 12 | 11 | 11 | 11 | 11 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 10 | 10 | 9 | 9 | 9 | 5 |
| Sell | 1 | 1 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 28 | 27 | 26 | 26 | 26 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $97 → $89 | Strong Buy | Maintains | $97 → $89 | +26.26% | Oct 29, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $75 | Hold | Maintains | $75 | +6.40% | Oct 29, 2024 |
| Baird | Baird | Hold Maintains $70 → $75 | Hold | Maintains | $70 → $75 | +6.40% | Oct 29, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $63 → $64 | Sell | Maintains | $63 → $64 | -9.21% | Oct 29, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +27.68% | Oct 29, 2024 |
Financial Forecast
Revenue This Year
7.36B
from 8.25B
Decreased by -10.88%
Revenue Next Year
7.97B
from 7.36B
Increased by 8.29%
EPS This Year
4.13
from 4.89
Decreased by -15.50%
EPS Next Year
4.89
from 4.13
Increased by 18.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.6B | 9.0B | 10.2B | ||
| Avg | 7.4B | 8.0B | 9.0B | ||
| Low | 6.9B | 6.6B | 7.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -8.0% | 21.8% | 27.6% | ||
| Avg | -10.9% | 8.3% | 12.5% | ||
| Low | -16.1% | -10.8% | -5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.35 | 6.52 | 7.84 | ||
| Avg | 4.13 | 4.89 | 6.13 | ||
| Low | 3.87 | 3.43 | 4.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -11.1% | 57.8% | 60.5% | ||
| Avg | -15.5% | 18.2% | 25.5% | ||
| Low | -20.8% | -17.0% | 1.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.