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ON Semiconductor (ON) Stock Forecast & Price Target

ON Semiconductor logo
$48.74 +0.39 (+0.81%)
Closing price 04:00 PM Eastern
Extended Trading
$48.45 -0.29 (-0.59%)
As of 06:13 PM Eastern
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ON Semiconductor - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
0
Hold
14
Buy
12

Based on 26 Wall Street analysts who have issued ratings for ON Semiconductor in the last 12 months, the stock has a consensus rating of "Hold." Out of the 26 analysts, 14 have given a hold rating, and 12 have given a buy rating for ON.

Consensus Price Target

$56.68
16.29% Upside
According to the 26 analysts' twelve-month price targets for ON Semiconductor, the average price target is $56.68. The highest price target for ON is $85.00, while the lowest price target for ON is $34.00. The average price target represents a forecasted upside of 16.29% from the current price of $48.74.
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
10/2/24 to 10/2/25
1 Month Ago
9/2/24 to 9/2/25
3 Months Ago
7/4/24 to 7/4/25
1 Year Ago
10/3/23 to 10/2/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
12 Buy rating(s)
14 Buy rating(s)
15 Buy rating(s)
Hold
14 Hold rating(s)
14 Hold rating(s)
12 Hold rating(s)
7 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$56.68$56.84$56.08$85.61
Forecasted Upside16.29% Upside16.14% Upside-1.27% Downside19.72% Upside
Consensus RatingHoldHoldModerate BuyModerate 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.
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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

ON Semiconductor Stock vs. The Competition

TypeON SemiconductorComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.46
2.64
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside17.23% Upside59.09% Upside11.09% Upside
News Sentiment Rating
Positive News

See Recent ON News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/5/2025Bank of America
4 of 5 stars
Vivek Arya
4 of 5 stars
Lower TargetNeutral$56.00 ➝ $52.00+8.20%
8/5/2025B. Riley
2 of 5 stars
 Reiterated RatingNeutral
8/5/2025Citigroup
3 of 5 stars
Lower TargetNeutral$60.00 ➝ $54.00+13.60%
8/5/2025Truist Financial
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Boost TargetHold$43.00 ➝ $49.00+2.90%
8/5/2025Wells Fargo & Company
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Lower TargetOverweight$65.00 ➝ $62.00+30.32%
8/5/2025UBS Group
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Lower TargetNeutral$55.00 ➝ $50.00+2.84%
8/5/2025JPMorgan Chase & Co.
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Boost TargetNeutral$48.00 ➝ $56.00+16.74%
8/5/2025Benchmark
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Reiterated RatingBuy$50.00 ➝ $60.00+25.08%
8/5/2025Susquehanna
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Reiterated RatingPositive$75.00 ➝ $65.00+35.50%
8/5/2025Rosenblatt Securities
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Lower TargetNeutral$55.00 ➝ $50.00+4.23%
8/5/2025TD Cowen
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 Lower TargetBuy$68.00 ➝ $55.00+14.65%
8/4/2025Piper Sandler
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 Reiterated RatingOverweight
8/4/2025Needham & Company LLC
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Boost TargetBuy$50.00 ➝ $58.00+20.91%
7/18/2025Stifel Nicolaus
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Boost TargetHold$42.00 ➝ $50.00-16.13%
7/10/2025The Goldman Sachs Group
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Initiated CoverageNeutral$60.00+3.86%
7/8/2025KeyCorp
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Boost TargetOverweight$50.00 ➝ $65.00+13.40%
6/26/2025Mizuho
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Boost TargetOutperform$60.00 ➝ $72.00+34.10%
6/18/2025Cantor Fitzgerald
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Initiated CoverageNeutral$55.00+3.89%
6/17/2025Roth Capital
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Reiterated RatingBuy$50.00 ➝ $70.00+30.70%
5/23/2025KGI Securities
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 Initiated CoverageNeutral
5/12/2025Morgan Stanley
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 Initiated CoverageEqual Weight$39.00-4.83%
5/6/2025Loop Capital
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Lower TargetBuy$65.00 ➝ $55.00+42.82%
5/6/2025Robert W. Baird
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Lower TargetNeutral$42.00 ➝ $34.00-11.48%
2/11/2025Roth Mkm
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Lower TargetBuy$100.00 ➝ $60.00+25.14%
2/11/2025Craig Hallum
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Lower TargetHold$78.00 ➝ $50.00+3.07%
2/10/2025Jefferies Financial Group
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Lower TargetBuy$100.00 ➝ $85.00+80.70%
10/25/2024BNP Paribas
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 Lower Target$60.00 ➝ $55.00-25.55%
7/30/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy$85.00 ➝ $90.00+21.34%
4/16/2024Evercore ISI
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 Initiated CoverageOutperform$104.00+58.44%
10/30/2023Summit Insights
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 DowngradeBuyHold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:14 PM ET.


Should I Buy ON Semiconductor 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 Wednesday, October 1, 2025. Please send any questions or comments about these ON Semiconductor pros and cons to contact@marketbeat.com.

ON Semiconductor
Bull Case

green Wall Street bull icon

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

  • The current stock price is around $51, which reflects a strong market presence and potential for growth in the semiconductor sector.
  • Recent institutional investments indicate confidence in the company's future, with 97.70% of the stock owned by institutional investors and hedge funds.
  • ON Semiconductor Corporation reported a revenue of $1.47 billion in its latest quarter, surpassing analysts' expectations, which suggests robust demand for its products.
  • The company has a solid return on equity of 15.33%, indicating effective management and profitability relative to shareholder equity.
  • With a current ratio of 5.02, ON Semiconductor Corporation demonstrates strong liquidity, meaning it can easily cover its short-term liabilities.

ON Semiconductor
Bear Case

red Wall Street bear icon

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

  • The company reported a year-over-year revenue decline of 15.4%, which may raise concerns about its growth trajectory in a competitive market.
  • ON Semiconductor Corporation's earnings per share (EPS) of $0.53 missed the consensus estimate, indicating potential challenges in meeting market expectations.
  • The stock has experienced volatility, with a 12-month high of $76.06 and a low of $31.04, suggesting uncertainty in its price stability.
  • Despite a strong market cap of approximately $20.89 billion, the high price-to-earnings ratio of 47.73 may indicate that the stock is overvalued compared to its earnings.
  • The beta of 1.48 suggests that the stock is more volatile than the market, which could lead to higher risk for investors.

ON Forecast - Frequently Asked Questions

According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for ON Semiconductor is $56.68, with a high forecast of $85.00 and a low forecast of $34.00.

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ON Semiconductor in the last year. There are currently 14 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ON shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ON, but not buy additional shares or sell existing shares.

According to analysts, ON Semiconductor's stock has a predicted upside of 16.29% based on their 12-month stock forecasts.

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


This page (NASDAQ:ON) was last updated on 10/2/2025 by MarketBeat.com Staff
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