Go Pro

onsemi (ON) Stock Forecast & Price Target

onsemi logo
$69.98 +1.68 (+2.46%)
Closing price 09/18/2026 04:00 PM Eastern
Extended Trading
$69.94 -0.04 (-0.05%)
As of 09/18/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

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

Consensus Rating

Sell
0
Hold
15
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, 15 have given a hold rating, and 15 have given a buy rating for ON.

Consensus Price Target

$94.76
35.41% Upside
According to the 30 analysts' twelve-month price targets for onsemi, the average price target is $94.76. The highest price target for ON is $150.00, while the lowest price target for ON is $60.00. The average price target represents a forecasted upside of 35.41% from the current price of $69.98.
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.
Get the Latest News and Ratings for ON and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for onsemi and its competitors.

Sign Up
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

ON Analyst Ratings Over Time

TypeCurrent Forecast
9/19/25 to 9/19/26
1 Month Ago
8/20/25 to 8/20/26
3 Months Ago
6/21/25 to 6/21/26
1 Year Ago
9/19/24 to 9/19/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
15 Buy rating(s)
15 Buy rating(s)
14 Buy rating(s)
11 Buy rating(s)
Hold
15 Hold rating(s)
15 Hold rating(s)
14 Hold rating(s)
14 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$94.76$97.04$94.68$56.54
Forecasted Upside35.41% Upside29.89% Upside-22.15% Downside10.71% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyHold

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

TypeonsemiTechnology CompaniesBroader Market
Consensus Rating Score
2.50
2.23
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside38.08% Upside724.77% Upside18.32% Upside
News Sentiment Rating
Positive News

See Recent ON News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/18/2026
Truist Financial Corporation logo
Truist Financial
3 of 5 stars
William Stein
William Stein
5 of 5 stars
Lower TargetHold$91.00 ➝ $75.00+8.38%
9/17/2026
UBS Group AG logo
UBS Group
4 of 5 stars
Timothy Arcuri
Timothy Arcuri
5 of 5 stars
Reiterated RatingNeutral
9/17/2026
Stifel Nicolaus logo
Stifel Nicolaus
4 of 5 stars
Tore Svanberg
Tore Svanberg
5 of 5 stars
Lower TargetHold$90.00 ➝ $75.00+12.61%
9/17/2026Lower TargetOutperform$110.00 ➝ $95.00+42.64%
9/17/2026Reiterated RatingNeutral$85.00+27.63%
9/17/2026Lower TargetOverweight$95.00 ➝ $85.00+27.63%
9/17/2026Reiterated RatingBuy$116.00+74.17%
9/17/2026Lower TargetNeutral$110.00 ➝ $90.00+35.14%
8/12/2026 Reiterated RatingOutperform$62.00-25.60%
8/7/2026 UpgradeSell (D+)Hold (C)
8/5/2026Lower TargetNeutral$120.00 ➝ $98.00+26.21%
8/4/2026Lower TargetBuy$135.00 ➝ $127.00+57.81%
8/4/2026Boost TargetNeutral$100.00 ➝ $108.00+34.33%
7/13/2026Lower TargetBuy$110.00 ➝ $95.00+4.43%
7/9/2026Boost TargetPositive$140.00 ➝ $150.00+46.64%
7/6/2026 DowngradeStrong-BuyHold
6/26/2026 Reiterated RatingOutperform$137.00+15.38%
5/26/2026Boost TargetBuy$115.00 ➝ $138.00+8.33%
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$73.00 ➝ $115.00+12.00%
5/5/2026Boost TargetNeutral$70.00 ➝ $100.00-2.70%
5/5/2026Boost TargetEqual Weight$85.00 ➝ $87.00-14.09%
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
1/22/2026 UpgradeStrong SellHold
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 Saturday at 03:19 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 Monday, September 14, 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:

  • Management has identified artificial intelligence data-center revenue as the company's fastest-growing business segment, with projections indicating this area could more than double in 2026, positioning the firm to capitalize on the expanding demand for power-management and semiconductor products in AI infrastructure.
  • The company recently reported second-quarter 2026 results that exceeded the midpoint of its guidance for revenue, gross margin, and earnings per share, demonstrating that operating performance is improving and reinforcing investor confidence in the firm's ability to meet financial targets.
  • ON Semiconductor Corporation is pursuing a proposed all-stock acquisition of Synaptics, a strategic move intended to broaden the company's reach into AI infrastructure, physical AI, and intelligent systems, which could enhance its competitive position in the semiconductor market.
  • With the stock currently trading at $71.65, the share price is significantly below the average analyst price target of $96.44, suggesting that the market may be undervaluing the company relative to Wall Street's expectations for its future growth and earnings potential.
  • The firm continues to beat consensus estimates on earnings, as seen in the most recent quarter where it reported $0.74 in earnings per share against a consensus estimate of $0.72, indicating strong execution and the ability to generate higher profits than anticipated by the broader investment community.

onsemi
Bear Case

red Wall Street bear icon

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

  • The stock has experienced significant volatility and recently declined by 5.9% to close at $71.65, falling below its 50-day simple moving average of $81.59, which signals a short-term bearish trend and potential weakness in momentum.
  • Recent analyst caution, including a lowered price target from Wells Fargo, highlights concerns regarding the company's valuation and the pace of the broader semiconductor recovery, suggesting that some market participants believe the stock may be overpriced relative to its current fundamentals.
  • Insider selling activity has been notable, with the Chief Financial Officer selling 30,000 shares in April 2026 and the CEO selling 20,000 shares in February 2026, which can be interpreted as a lack of confidence from company leadership in the current stock price or a desire to diversify personal holdings.
  • The company's beta of 2.00 indicates that its stock is twice as volatile as the overall market, meaning investors should expect larger price swings and higher risk compared to the broader market, which may not be suitable for risk-averse portfolios.
  • Despite recent improvements, the company's revenue growth has been inconsistent, with a year-over-year decline of 11.2% reported in the first quarter of 2026, suggesting that the recovery in demand for its automotive and industrial products may still be fragile and subject to economic headwinds.

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 $94.76, with a high forecast of $150.00 and a low forecast of $60.00.

30 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for onsemi in the last twelve months. There are currently 15 hold ratings and 15 buy ratings 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 upside of 35.41% based on their 12-month stock forecasts.

Over the previous 90 days, onsemi's stock had 2 downgrades and 1 upgrade by analysts.

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


MarketBeat monitors more than a dozen sources for onsemi analyst ratings, with the most recent rating issued on 9/18/2026.
From Our Partners