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onsemi (ON) Stock Forecast & Price Target

onsemi logo
$110.21 +4.19 (+3.95%)
Closing price 04:00 PM Eastern
Extended Trading
$109.00 -1.21 (-1.10%)
As of 07:25 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
1
Hold
15
Buy
15

Based on 31 Wall Street analysts who have issued ratings for onsemi in the last 12 months, the stock has a consensus rating of "Hold." Out of the 31 analysts, 1 has given a sell rating, 15 have given a hold rating, 14 have given a buy rating, and 1 has given a strong buy rating for ON.

Consensus Price Target

$89.19
-19.07% Downside
According to the 31 analysts' twelve-month price targets for onsemi, the average price target is $89.19. The highest price target for ON is $130.00, while the lowest price target for ON is $55.00. The average price target represents a forecasted downside of -19.07% from the current price of $110.21.
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
5/20/25 to 5/20/26
1 Month Ago
4/20/25 to 4/20/26
3 Months Ago
2/19/25 to 2/19/26
1 Year Ago
5/20/24 to 5/20/25
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
14 Buy rating(s)
13 Buy rating(s)
12 Buy rating(s)
13 Buy rating(s)
Hold
15 Hold rating(s)
16 Hold rating(s)
17 Hold rating(s)
10 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$89.19$64.96$64.19$53.88
Forecasted Upside-19.07% Downside-24.07% Downside-5.72% Downside21.72% Upside
Consensus RatingHoldHoldHoldModerate 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
2.48
2.30
2.52
Consensus RatingHoldHoldModerate Buy
Predicted Upside-15.87% Downside162.01% Upside17.79% Upside
News Sentiment Rating
Positive News

See Recent ON News
Neutral News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
5/19/2026
Mizuho logo
Mizuho
4 of 5 stars
Vijay Rakesh
Vijay Rakesh
5 of 5 stars
Boost TargetOutperform$120.00 ➝ $130.00+18.80%
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%
5/6/2026
Citigroup Inc. logo
Citigroup
4 of 5 stars
Atif Malik
5 of 5 stars
Boost 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
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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%
4/13/2026UpgradeNeutralBuy$70.00 ➝ $85.00+23.82%
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 Wednesday at 07:20 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 Saturday, May 16, 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:

  • The stock price is currently around $102, reflecting a significant increase from its 12-month low, indicating strong market performance.
  • Recent analyst upgrades, including a target price boost to $120 from Mizuho, suggest positive market sentiment and potential for further growth.
  • ON Semiconductor Corporation has a solid financial position, with a quick ratio of 2.98 and a current ratio of 4.52, indicating good liquidity and ability to meet short-term obligations.
  • The company has received multiple "buy" ratings from analysts, with a consensus target price suggesting further upside potential, which can attract more investors.
  • With a market capitalization of approximately $40.15 billion, ON Semiconductor Corporation is well-positioned in the semiconductor industry, which is experiencing robust demand due to advancements in technology.

onsemi
Bear Case

red Wall Street bear icon

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

  • The company has a high price-to-earnings (P/E) ratio of 298.39, which may indicate that the stock is overvalued compared to its earnings, posing a risk for potential investors.
  • Despite recent positive forecasts, the stock has shown volatility, with a beta of 1.94, suggesting that it may be more volatile than the overall market.
  • Analysts have issued a mix of ratings, with some holding a "neutral" stance, indicating uncertainty about the stock's future performance.
  • The semiconductor industry is highly competitive, and any shifts in technology or market demand could adversely affect ON Semiconductor Corporation's growth prospects.
  • Recent earnings reports show only a slight beat of consensus estimates, which may not be enough to sustain investor confidence in the long term.

ON Forecast - Frequently Asked Questions

According to the research reports of 31 Wall Street equities research analysts, the average twelve-month stock price forecast for onsemi is $89.19, with a high forecast of $130.00 and a low forecast of $55.00.

31 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for onsemi in the last twelve months. There is currently 1 sell rating, 15 hold ratings, 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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, onsemi's stock has a predicted downside of -19.07% 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 score for onsemi is 2.48 while the average consensus rating score for "computer and technology" companies is 2.30. Learn more on how ON compares to other companies.


This page (NASDAQ:ON) was last updated on 5/20/2026 by MarketBeat.com Staff.
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