ON Semiconductor Corporation (ON)
NASDAQ: ON · IEX Real-Time Price · USD
60.71
-2.22 (-3.53%)
At close: Apr 19, 2024, 4:00 PM
60.68
-0.03 (-0.05%)
After-hours: Apr 19, 2024, 7:57 PM EDT
ON Semiconductor Stock Forecast
Stock Price Forecast
The 24 analysts with 12-month price forecasts for ON Semiconductor stock have an average target of 95.58, with a low estimate of 55 and a high estimate of 135. The average target predicts an increase of 57.44% from the current stock price of 60.71.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ON stock from 26 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 12 | 12 | 12 | 11 |
| Buy | 5 | 5 | 5 | 4 | 3 | 4 |
| Hold | 12 | 12 | 12 | 11 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 29 | 29 | 29 | 27 | 25 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Exane BNP Paribas | Exane BNP Paribas | Hold → Sell Downgrades $55 | Hold → Sell | Downgrades | $55 | -9.41% | Apr 19, 2024 |
| Stifel | Stifel | Hold Maintains $82 → $72 | Hold | Maintains | $82 → $72 | +18.60% | Apr 18, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $91 → $81 | Strong Buy | Maintains | $91 → $81 | +33.42% | Apr 16, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $104 | Buy | Initiates | $104 | +71.31% | Apr 16, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $90 | Buy | Maintains | $90 | +48.25% | Apr 8, 2024 |
Financial Forecast
Revenue This Year
7.75B
from 8.25B
Decreased by -6.13%
Revenue Next Year
8.57B
from 7.75B
Increased by 10.66%
EPS This Year
4.41
from 4.89
Decreased by -9.76%
EPS Next Year
5.31
from 4.41
Increased by 20.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.5B | 10.1B | 11.7B | 13.6B |
| Avg | 7.7B | 8.6B | 9.7B | 12.4B |
| Low | 7.1B | 6.9B | 8.3B | 10.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.4% | 29.8% | 36.6% | 40.9% |
| Avg | -6.1% | 10.7% | 13.0% | 28.0% |
| Low | -14.5% | -10.4% | -3.0% | 12.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.18 | 6.49 | 8.31 | 10.51 |
| Avg | 4.41 | 5.31 | 6.68 | 9.66 |
| Low | 3.86 | 3.43 | 5.45 | 8.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.9% | 47.0% | 56.5% | 57.4% |
| Avg | -9.8% | 20.2% | 25.8% | 44.7% |
| Low | -21.0% | -22.3% | 2.7% | 28.4% |
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.