ON Semiconductor Corporation (ON)
NASDAQ: ON · Real-Time Price · USD
54.63
+1.12 (2.09%)
At close: Jan 17, 2025, 4:00 PM
54.70
+0.07 (0.13%)
After-hours: Jan 17, 2025, 7:58 PM EST
ON Semiconductor Stock Forecast
Stock Price Forecast
The 23 analysts with 12-month price forecasts for ON Semiconductor stock have an average target of 82.52, with a low estimate of 55 and a high estimate of 104. The average target predicts an increase of 51.05% from the current stock price of 54.63.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ON stock from 23 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 11 | 12 | 12 | 11 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 9 | 9 | 7 | 5 | 5 | 6 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 26 | 24 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $90 → $70 | Buy | Maintains | $90 → $70 | +28.13% | Jan 14, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $85 → $80 | Buy | Maintains | $85 → $80 | +46.44% | Jan 13, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $92 → $77 | Strong Buy | Maintains | $92 → $77 | +40.95% | Jan 10, 2025 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $85 → $60 | Strong Buy → Hold | Downgrades | $85 → $60 | +9.83% | Jan 10, 2025 |
| Needham | Needham | Strong Buy Maintains $87 → $66 | Strong Buy | Maintains | $87 → $66 | +20.81% | Dec 17, 2024 |
Financial Forecast
Revenue This Year
7.34B
from 8.25B
Decreased by -11.11%
Revenue Next Year
7.64B
from 7.34B
Increased by 4.09%
EPS This Year
4.12
from 4.89
Decreased by -15.75%
EPS Next Year
4.43
from 4.12
Increased by 7.43%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.5B | 8.5B | 9.9B | ||
| Avg | 7.3B | 7.6B | 8.6B | ||
| Low | 7.0B | 6.8B | 7.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -8.9% | 15.5% | 30.1% | ||
| Avg | -11.1% | 4.1% | 13.0% | ||
| Low | -15.6% | -7.9% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.24 | 5.44 | 7.64 | ||
| Avg | 4.12 | 4.43 | 5.67 | ||
| Low | 3.83 | 3.28 | 4.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -13.3% | 32.0% | 72.7% | ||
| Avg | -15.8% | 7.4% | 28.1% | ||
| Low | -21.6% | -20.3% | 3.2% |
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.