ON Semiconductor Corporation (ON)
NASDAQ: ON · Real-Time Price · USD
125.90
+9.11 (7.80%)
At close: Jun 15, 2026, 4:00 PM EDT
124.82
-1.08 (-0.86%)
Pre-market: Jun 16, 2026, 9:14 AM EDT
ON Semiconductor Stock Forecast
Stock Price Forecast
According to 33 analysts polled by S&P Global, ON Semiconductor stock has a consensus rating of "Buy" and an average price target of $107. The average 1-year stock price forecast is 15.01% lower than the current stock price, while the lowest is $68 (-45.99%) and the highest is $150 (+19.14%).
Price Target: $107 (-15.01%)
Analyst Consensus: Buy
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 '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 10 | 10 | 13 | 13 | 13 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 21 | 23 | 23 | 19 | 19 | 19 |
| Sell | 0 | 0 | 0 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 34 | 35 | 34 | 34 | 33 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citi | Citi | Hold Initiates $100 → $120 | Hold | Initiates | $100 → $120 | -4.69% | Jun 15, 2026 |
| Susquehanna | Susquehanna | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Jun 12, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $115 → $140 | Buy | Maintains | $115 → $140 | +11.20% | Jun 9, 2026 |
| Mizuho Securities | Mizuho Securities | Buy Maintains $150 | Buy | Maintains | $150 | +19.14% | May 31, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates $115 → $138 | Buy | Reiterates | $115 → $138 | +9.61% | May 26, 2026 |
Financial Forecast
Revenue This Year
6.47B
from 6.00B
Increased by 7.96%
Revenue Next Year
7.16B
from 6.47B
Increased by 10.70%
EPS This Year
3.09
from 2.35
Increased by 31.47%
EPS Next Year
4.27
from 3.09
Increased by 38.05%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.6B | ||
| Avg | 6.5B | ||
| Low | 6.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 10.8% | ||
| Avg | 8.0% | ||
| Low | 5.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 3.30 | ||
| Avg | 3.09 | ||
| Low | 2.84 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 40.4% | ||
| Avg | 31.5% | ||
| Low | 20.9% |