ON Semiconductor Corporation (ON)
NASDAQ: ON · Real-Time Price · USD
77.20
+4.05 (5.54%)
At close: Sep 25, 2026, 4:00 PM EDT
77.42
+0.22 (0.28%)
After-hours: Sep 25, 2026, 6:14 PM EDT

ON Semiconductor Stock Forecast

Stock Price Forecast

According to 29 analysts polled by S&P Global, ON Semiconductor stock has a consensus rating of "Buy" and an average price target of $103.84. The average 1-year stock price forecast is 34.51% higher than the current stock price, while the lowest is $75 (-2.85%) and the highest is $150 (+94.30%).

Price Target: $103.84 (+34.51%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$75$103.84$100$150
Change-2.85%+34.51%+29.53%+94.30%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy131310101111
Buy111122
Hold191918181616
Sell100000
Strong Sell000000
Total343329292929

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
$115
BuyMaintains$115+48.96%Sep 23, 2026
Seaport Global
Seaport Global
Buy
Initiates
$100
BuyInitiates$100+29.53%Sep 22, 2026
Barclays
Barclays
Hold
Maintains
$100
HoldMaintains$100+29.53%Sep 21, 2026
Truist Financial
Truist Financial
Hold
Maintains
$91 → $75
HoldMaintains$91 → $75-2.85%Sep 21, 2026
Craig-Hallum
Craig-Hallum
Hold
Maintains
n/a
HoldMaintainsn/an/aSep 17, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.56B
from 6.00B
Increased by 9.42%
Revenue Next Year
7.42B
from 6.56B
Increased by 13.06%
EPS This Year
3.20
from 2.35
Increased by 36.29%
EPS Next Year
4.53
from 3.20
Increased by 41.41%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.74B8.33B8.25B7.08B6.00B6.56B
Revenue Growth
28.26%23.54%-0.88%-14.19%-15.35%9.42%
Gross Profit
2.71B4.10B3.88B3.22B2.30B2.64B
Gross Margin
40.27%49.26%47.06%45.41%38.32%40.29%
Operating Income
1.39B2.80B2.61B1.90B1.07B1.43B
Net Income
1.01B1.90B2.18B1.57B121.00M877.37M
EPS
----2.353.20
EPS Growth
-----40.95%36.29%
Forward PE
20.0413.5517.9015.5720.0324.10
Free Cash Flow
----1.42B1.62B
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High6.7B
Avg6.6B
Low6.5B

Revenue Growth

Revenue Growth202620272028
High
11.5%
Avg
9.4%
Low
7.9%

EPS Forecast

EPS202620272028
High3.33
Avg3.20
Low3.08

EPS Growth

EPS Growth202620272028
High
41.7%
Avg
36.3%
Low
31.1%