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onsemi (ON) Stock Forecast & Price Target

onsemi logo
$121.46 +0.56 (+0.46%)
As of 09:34 AM Eastern
This is a fair market value price provided by Massive. Learn more.

onsemi - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
1
Hold
14
Buy
15

Based on 30 Wall Street analysts who have issued ratings for onsemi in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 30 analysts, 1 has given a sell rating, 14 have given a hold rating, 14 have given a buy rating, and 1 has given a strong buy rating for ON.

Consensus Price Target

$92.00
-24.25% Downside
According to the 30 analysts' twelve-month price targets for onsemi, the average price target is $92.00. The highest price target for ON is $150.00, while the lowest price target for ON is $55.00. The average price target represents a forecasted downside of -24.25% from the current price of $121.46.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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ON Analyst Ratings Over Time

TypeCurrent Forecast
6/9/25 to 6/9/26
1 Month Ago
5/10/25 to 5/10/26
3 Months Ago
3/11/25 to 3/11/26
1 Year Ago
6/9/24 to 6/9/25
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
14 Buy rating(s)
14 Buy rating(s)
12 Buy rating(s)
13 Buy rating(s)
Hold
14 Hold rating(s)
15 Hold rating(s)
17 Hold rating(s)
11 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$92.00$87.27$64.19$53.88
Forecasted Upside-24.25% Downside-15.42% Downside8.38% Upside2.85% Upside
Consensus RatingModerate BuyHoldHoldModerate Buy

ON Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

ON Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

onsemi Stock vs. The Competition

TypeonsemiComputer and Technology CompaniesBroader Market
Consensus Rating Score
2.50
2.29
2.52
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-23.90% Downside175.55% Upside16.09% Upside
News Sentiment Rating
Positive News

See Recent ON News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
5/28/2026
Mizuho logo
Mizuho
4 of 5 stars
Vijay Rakesh
Vijay Rakesh
5 of 5 stars
Boost TargetOutperform$130.00 ➝ $150.00+20.11%
5/26/2026
Bank of America Corporation logo
Bank of America
4 of 5 stars
Vivek Arya
5 of 5 stars
Boost TargetBuy$115.00 ➝ $138.00+8.33%
5/13/2026
Cantor Fitzgerald logo
Cantor Fitzgerald
5 of 5 stars
Matthew Prisco
Matthew Prisco
5 of 5 stars
Boost TargetNeutral$95.00 ➝ $100.00-3.95%
5/6/2026Boost TargetNeutral$68.00 ➝ $100.00-2.70%
5/6/2026 UpgradeHoldStrong-Buy
5/6/2026Boost TargetEqual Weight$75.00 ➝ $100.00-3.46%
5/5/2026 Reiterated RatingBuy
5/5/2026 Reiterated RatingBuy
5/5/2026Boost TargetBuy$80.00 ➝ $115.00+12.00%
5/5/2026Boost TargetBuy$73.00 ➝ $115.00+12.00%
5/5/2026 Reiterated RatingOutperform
5/5/2026Boost TargetPositive$100.00 ➝ $120.00+17.60%
5/5/2026Boost TargetNeutral$70.00 ➝ $100.00-2.70%
5/5/2026Boost TargetEqual Weight$85.00 ➝ $87.00-14.09%
5/5/2026Reiterated RatingHold$66.00 ➝ $101.00-4.43%
5/5/2026Boost TargetOverweight$90.00 ➝ $115.00+13.36%
5/5/2026Boost TargetBuy$72.00 ➝ $110.00+7.80%
5/5/2026Boost TargetNeutral$60.00 ➝ $85.00-16.70%
5/5/2026Boost TargetNeutral$56.00 ➝ $100.00-2.00%
4/29/2026 Reiterated RatingSell (D+)
4/23/2026 UpgradeNeutralBuy$115.00+29.23%
2/10/2026 Reiterated RatingHold
2/10/2026Boost TargetOverweight$65.00 ➝ $75.00+15.21%
2/10/2026Boost TargetOverweight$65.00 ➝ $75.00+15.21%
2/10/2026DowngradeBuyHold
2/2/2026Reiterated RatingNeutral
1/22/2026 UpgradeStrong SellHold
1/16/2026Boost TargetHold$50.00 ➝ $60.00-1.51%
11/4/2025Set Target$60.00+24.85%
11/4/2025Reiterated RatingBuy$64.00+26.83%
7/10/2025Initiated CoverageNeutral$60.00+3.86%
5/23/2025 Initiated CoverageNeutral
5/6/2025Lower TargetBuy$65.00 ➝ $55.00+42.82%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:34 AM ET.


Should I Buy onsemi Stock? ON Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 6, 2026. Please send any questions or comments about these onsemi pros and cons to contact@marketbeat.com.

onsemi
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in ON Semiconductor Corporation:

  • ON Semiconductor Corporation has been highlighted as a potential "big tech stock" for 2026, indicating strong growth prospects and recovery potential.
  • The company is gaining traction in renewable energy infrastructure, particularly with its advancements in silicon-carbide technology, which is crucial for energy efficiency and sustainability.
  • Recent commentary suggests that ON Semiconductor Corporation is well-positioned to benefit from increasing demand related to electrification and power efficiency, supporting a bullish outlook for earnings growth.
  • The current stock price is around $117, reflecting a significant increase from its 52-week low, showcasing the company's recovery and market confidence.
  • ON Semiconductor Corporation reported earnings per share (EPS) of $0.64, exceeding expectations, which may indicate strong operational performance and investor confidence.

onsemi
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in ON Semiconductor Corporation for these reasons:

  • The stock has recently experienced a decline of about 11%, which may raise concerns about short-term volatility and market sentiment.
  • Insider selling has been observed, with over 66,000 shares sold recently, which could signal a lack of confidence from those closest to the company.
  • Sector-specific pressures have negatively impacted semiconductor stocks, including ON Semiconductor Corporation, indicating potential risks associated with broader market trends.
  • The company's high P/E ratio suggests that it may be overvalued compared to its earnings, which could deter value-focused investors.
  • Despite positive developments, the overall market sentiment remains cautious, particularly in high-beta tech sectors, which could affect stock performance.

ON Forecast - Frequently Asked Questions

According to the research reports of 30 Wall Street equities research analysts, the average twelve-month stock price forecast for onsemi is $92.00, with a high forecast of $150.00 and a low forecast of $55.00.

30 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for onsemi in the last year. There is currently 1 sell rating, 14 hold ratings, 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ON shares.

According to analysts, onsemi's stock has a predicted downside of -24.25% based on their 12-month stock forecasts.

Over the previous 90 days, onsemi's stock had 3 upgrades by analysts.

Analysts like onsemi more than other "computer and technology" companies. The consensus rating for onsemi is Moderate Buy while the average consensus rating for "computer and technology" companies is Hold. Learn more on how ON compares to other companies.


This page (NASDAQ:ON) was last updated on 6/9/2026 by MarketBeat.com Staff.
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