ON Semiconductor Stock Forecast

Stock Price Forecast

The 25 analysts with 12-month price forecasts for ON Semiconductor stock have an average target of 66.76, with a low estimate of 44 and a high estimate of 104. The average target predicts an increase of 47.37% from the current stock price of 45.30.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$44	$66.76	$60	$104
Change	-2.87%	+47.37%	+32.45%	+129.58%

Analyst Ratings

The average analyst rating for ON Semiconductor stock from 25 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	11	12	12	11	10	10
Buy	4	4	4	4	5	5
Hold	7	5	5	6	8	8
Sell	2	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	24	23	23	23	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vijay Rakesh Mizuho	Mizuho	Buy Maintains $71 → $62	Buy	Maintains	$71 → $62	+36.87%	Mar 24, 2025
Quinn Bolton Needham	Needham	Strong Buy Reiterates $57	Strong Buy	Reiterates	$57	+25.83%	Mar 3, 2025
Kevin Cassidy Rosenblatt	Rosenblatt	Hold Maintains $49	Hold	Maintains	$49	+8.17%	Feb 27, 2025
David Williams Benchmark	Benchmark	Strong Buy Maintains $90 → $60	Strong Buy	Maintains	$90 → $60	+32.45%	Feb 12, 2025
William Stein Truist Securities	Truist Securities	Hold Maintains $60 → $52	Hold	Maintains	$60 → $52	+14.79%	Feb 11, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.19B

from 7.08B

-12.56%

from 7.08B

Revenue Next Year

7.13B

from 6.19B

15.05%

from 6.19B

EPS This Year

2.60

from 3.63

-28.38%

from 3.63

EPS Next Year

3.90

from 2.60

50.12%

from 2.60

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	5.26B	6.74B	8.33B	8.25B	7.08B	6.19B	7.13B	7.98B
Revenue Growth	-4.76%	28.26%	23.54%	-0.88%	-14.19%	-12.56%	15.05%	11.97%
EPS	0.56	2.27	4.25	4.89	3.63	2.60	3.90	5.45
EPS Growth	9.80%	306.23%	86.76%	15.11%	-25.77%	-28.38%	50.12%	39.52%
Forward PE	-	-	-	-	-	17.42	11.61	8.32
No. Analysts	-	-	-	-	-	36	32	14

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	7.8B	8.8B	9.7B
Avg	6.2B	7.1B	8.0B
Low	5.6B	6.3B	6.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	10.3%	42.6%	36.0%
Avg	-12.6%	15.0%	12.0%
Low	-20.4%	1.2%	-5.5%

EPS Forecast

EPS	2025	2026	2027
High	3.13	5.39	7.73
Avg	2.60	3.90	5.45
Low	2.01	3.14	3.84

EPS Growth

EPS Growth	2025	2026	2027
High	-13.8%	107.2%	98.0%
Avg	-28.4%	50.1%	39.5%
Low	-44.5%	20.9%	-1.6%

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.