ON Semiconductor Stock Forecast

Stock Price Forecast

The 23 analysts that cover ON Semiconductor stock have a consensus rating of "Buy" and an average price target of $56.7, which forecasts a 5.68% increase in the stock price over the next year. The lowest target is $34 and the highest is $90.

Price Target: $56.7 (+5.68%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$34	$56.7	$55	$90
Change	-36.63%	+5.68%	+2.52%	+67.75%

Analyst Ratings

The average analyst rating for ON Semiconductor stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	11	10	10	10	9	8
Buy	4	5	5	4	4	4
Hold	6	8	8	8	8	10
Sell	2	2	2	1	1	1
Strong Sell	0	0	0	0	0	0
Total	23	25	25	23	22	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vijay Rakesh Mizuho	Mizuho	Buy Maintains $60 → $72	Buy	Maintains	$60 → $72	+34.20%	Jun 26, 2025
Vijay Rakesh Mizuho	Mizuho	Buy Maintains $52 → $60	Buy	Maintains	$52 → $60	+11.84%	Jun 18, 2025
Matthew Prisco Cantor Fitzgerald	Cantor Fitzgerald	Hold Initiates $55	Hold	Initiates	$55	+2.52%	Jun 18, 2025
Craig Ellis B. Riley Securities	B. Riley Securities	Hold Maintains $40 → $56	Hold	Maintains	$40 → $56	+4.38%	Jun 18, 2025
Suji Desilva Roth Capital	Roth Capital	Strong Buy Maintains $50 → $70	Strong Buy	Maintains	$50 → $70	+30.48%	Jun 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.10B

from 7.08B

-13.88%

from 7.08B

Revenue Next Year

6.70B

from 6.10B

9.79%

from 6.10B

EPS This Year

2.34

from 3.63

-35.55%

from 3.63

EPS Next Year

3.24

from 2.34

38.67%

from 2.34

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	6.10B	6.70B	7.50B
Revenue Growth	-4.76%	28.26%	23.54%	-0.88%	-14.19%	-13.88%	9.79%	12.01%
EPS	0.56	2.27	4.25	4.89	3.63	2.34	3.24	4.75
EPS Growth	9.80%	306.23%	86.76%	15.11%	-25.77%	-35.55%	38.67%	46.41%
Forward PE	-	-	-	-	-	22.93	16.54	11.29
No. Analysts	-	-	-	-	-	36	36	18

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

Revenue Forecast

Revenue	2025	2026	2027
High	6.4B	7.6B	8.5B
Avg	6.1B	6.7B	7.5B
Low	5.4B	5.2B	6.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-9.7%	24.6%	26.8%
Avg	-13.9%	9.8%	12.0%
Low	-23.3%	-14.8%	-4.3%

EPS Forecast

EPS	2025	2026	2027
High	2.71	4.24	5.84
Avg	2.34	3.24	4.75
Low	1.49	2.04	2.97

EPS Growth

EPS Growth	2025	2026	2027
High	-25.4%	81.0%	79.9%
Avg	-35.5%	38.7%	46.4%
Low	-59.0%	-12.9%	-8.5%

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.