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onsemi (ON) Stock Forecast & Price Target

onsemi logo
$75.95 +0.30 (+0.40%)
Closing price 04:00 PM Eastern
Extended Trading
$76.33 +0.38 (+0.51%)
As of 08:00 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
24.77% 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 24.77% from the current price of $75.95.
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
9/29/25 to 9/29/26
1 Month Ago
8/30/25 to 8/30/26
3 Months Ago
7/1/25 to 7/1/26
1 Year Ago
9/29/24 to 9/29/25
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)
13 Buy rating(s)
11 Buy rating(s)
Hold
15 Hold rating(s)
15 Hold rating(s)
15 Hold rating(s)
15 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$101.19$56.54
Forecasted Upside24.77% Upside33.65% Upside6.93% Upside13.63% Upside
Consensus RatingModerate BuyModerate BuyHoldHold

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

onsemi Stock vs. The Competition

TypeonsemiTechnology CompaniesBroader Market
Consensus Rating Score
2.50
2.24
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside24.77% Upside402.44% Upside20.12% 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-Buy ➝ Hold
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%
2/10/2026DowngradeBuy ➝ Hold
1/22/2026 UpgradeStrong Sell ➝ Hold
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 10:10 PM 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 28, 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 is currently trading at $75.65, which is significantly below the consensus price target of $96.44 set by analysts, suggesting substantial upside potential for investors who believe in the company's long-term strategy.
  • The company has identified a potential $213 billion opportunity in AI power, positioning itself to benefit from rising semiconductor content in data centers, which is a major growth driver for the semiconductor industry.
  • ON Semiconductor Corporation recently reported quarterly earnings that exceeded estimates, with revenue up 9.2% year over year and EPS of $0.74 versus the $0.72 consensus, demonstrating strong operational performance and financial health.
  • The pending acquisition of Synaptics is viewed favorably as it adds connected-compute, software, and edge-AI capabilities, with the company expecting the transaction to become earnings-accretive within 18 months of closing.
  • Several prominent investment firms, including Seaport Research and Roth MKM, have initiated or maintained Buy ratings on ON Semiconductor Corporation, grouping it with other AI-infrastructure beneficiaries, which signals strong institutional confidence in its growth prospects.

onsemi
Bear Case

red Wall Street bear icon

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

  • Insider trading data shows that CFO Trent Thad sold 90,000 shares over the past six months, with no reported insider purchases, which may temper enthusiasm around the company's long-term outlook and suggest insiders are taking profits.
  • ON Semiconductor Corporation has a high beta of 2.00, indicating that its stock is twice as volatile as the overall market, which could lead to significant price swings and higher risk for investors.
  • The company's P/E ratio of 48.49 is relatively high, suggesting that the stock may be overvalued relative to its current earnings, which could limit upside potential if growth does not accelerate as expected.
  • Recent quarterly results, while strong, show that the company's revenue growth of 9.2% year over year is moderate, and the stock's recovery depends on converting AI and data-center opportunities into sustained growth, which may not materialize as planned.
  • ON Semiconductor Corporation has a debt-to-equity ratio of 0.51, which, while manageable, indicates a moderate level of leverage that could become a concern if interest rates rise or if the company faces unexpected financial challenges.

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 24.77% based on their 12-month stock forecasts.

Over the previous 90 days, onsemi's stock had 1 upgrade and 1 downgrade 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.
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