ON Semiconductor (ON) Stock Forecast & Price Target

$56.82 +0.46 (+0.82%)

Closing price 08/1/2025 04:00 PM Eastern

Extended Trading

$56.17 -0.65 (-1.14%)

As of 08/1/2025 07:59 PM Eastern

ON Semiconductor - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Hold

Based on 24 Analyst Ratings

Sell
0

Hold
13

Buy
11

Based on 24 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 24 analysts, 13 have given a hold rating, and 11 have given a buy rating for ON.

Consensus Price Target

$56.13
-1.22% Downside

According to the 24 analysts' twelve-month price targets for ON Semiconductor, the average price target is $56.13. 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 downside of -1.22% from the current price of $56.82.

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ON Analyst Ratings Over Time

Type	Current Forecast 8/2/24 to 8/2/25	1 Month Ago 7/3/24 to 7/3/25	3 Months Ago 5/4/24 to 5/4/25	1 Year Ago 8/3/23 to 8/2/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	11 Buy rating(s)	14 Buy rating(s)	13 Buy rating(s)	15 Buy rating(s)
Hold	13 Hold rating(s)	12 Hold rating(s)	9 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$56.13	$56.08	$61.24	$85.61
Forecasted Upside	-1.22% Downside	-1.27% Downside	46.12% Upside	25.99% Upside
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Moderate 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.

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.

ON Semiconductor Stock vs. The Competition

Type	ON Semiconductor	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.46	2.66	2.53
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-1.22% Downside	71.44% Upside	14.60% Upside
News Sentiment Rating	Positive News See Recent ON News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/22/2025	Susquehanna 2 of 5 stars	Christopher Rolland Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Positive ➝ Positive	$50.00 ➝ $75.00	+19.59%
7/18/2025	Stifel Nicolaus 4 of 5 stars	Tore Svanberg Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$42.00 ➝ $50.00	-16.13%
7/16/2025	Wells Fargo & Company 3 of 5 stars	Joe Quatrochi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$60.00 ➝ $65.00	+11.05%
7/10/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	James Schneider Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$60.00	+3.86%
7/8/2025	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	John Vinh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$50.00 ➝ $65.00	+13.40%
7/7/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Pradeep Ramani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$45.00 ➝ $55.00	-2.09%
7/7/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Christopher Danely Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$40.00 ➝ $60.00	+9.93%
6/26/2025	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Vijay Rakesh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$60.00 ➝ $72.00	+34.10%
6/18/2025	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Ellis Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$40.00 ➝ $56.00	+4.87%
6/18/2025	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	Matthew Prisco Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$55.00	+3.89%
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6/17/2025	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Suji Desilva Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$50.00 ➝ $70.00	+30.70%
5/23/2025	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
5/12/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$39.00	-4.83%
5/6/2025	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Mobley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$65.00 ➝ $55.00	+42.82%
5/6/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Harlan Sur Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$60.00 ➝ $48.00	+25.78%
5/6/2025	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Tristan Gerra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$42.00 ➝ $34.00	-11.48%
5/6/2025	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Quinn Bolton Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$57.00 ➝ $50.00	+30.17%
5/6/2025	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Kevin Cassidy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$42.00 ➝ $42.00	+9.35%
5/6/2025	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating	David Williams Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$60.00 ➝ $50.00	+30.17%
5/6/2025	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$38.00 ➝ $44.00	+14.55%
2/11/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Stein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$60.00 ➝ $52.00	+7.83%
2/11/2025	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating	Suji Desilva Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$100.00 ➝ $60.00	+25.14%
2/11/2025	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating	Anthony Stoss Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$78.00 ➝ $50.00	+3.07%
2/10/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Blayne Curtis Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$100.00 ➝ $85.00	+80.70%
10/25/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$60.00 ➝ $55.00	-25.55%
7/30/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$80.00 ➝ $90.00	+19.78%
7/30/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$85.00 ➝ $90.00	+21.34%
4/16/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$104.00	+58.44%
10/30/2023	Summit Insights Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:36 AM 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 Tuesday, July 29, 2025. Please send any questions or comments about these ON Semiconductor pros and cons to contact@marketbeat.com.

ON Semiconductor
Bull Case

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

The current stock price is around $59, reflecting a significant increase from its twelve-month low of $31.04, indicating strong market interest and potential for growth.
Recent quarterly earnings showed a positive EPS of $0.55, surpassing analysts' expectations, which suggests robust financial performance and effective management.
Institutional ownership is high, with approximately 97.70% of shares held by institutional investors, indicating confidence from large financial entities in the company's future prospects.
ON Semiconductor Corporation has a solid market capitalization of around $24.80 billion, which positions it well for stability and growth in the semiconductor industry.
The company reported a revenue of $1.45 billion for the latest quarter, exceeding analyst estimates, which reflects strong demand for its products and services.

ON Semiconductor
Bear Case

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

Despite recent earnings growth, the company's revenue has decreased by 22.4% compared to the same quarter last year, which may raise concerns about long-term sustainability.
The stock has experienced volatility, with a recent drop of about 5%, which could indicate market uncertainty and potential risks for investors.
ON Semiconductor Corporation has a relatively high price-to-earnings (P/E) ratio of around 40.94, suggesting that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
The company operates in a highly competitive semiconductor market, which can lead to pricing pressures and impact profit margins.
While the current ratios are strong, indicating good short-term financial health, any significant downturn in demand could quickly affect liquidity and operational capabilities.

ON Forecast - Frequently Asked Questions

: According to the research reports of 24 Wall Street equities research analysts, the average twelve-month stock price forecast for ON Semiconductor is $56.13, with a high forecast of $85.00 and a low forecast of $34.00.
: 24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ON Semiconductor in the last year. There are currently 13 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street 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 downside of -1.22% based on their 12-month stock forecasts.
: ON Semiconductor has been rated by research analysts at B. Riley, Benchmark, Cantor Fitzgerald, Citigroup, JPMorgan Chase & Co., KeyCorp, KGI Securities, Loop Capital, Mizuho, Morgan Stanley, Needham & Company LLC, Robert W. Baird, Rosenblatt Securities, Roth Capital, Stifel Nicolaus, Susquehanna, TD Cowen, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.
: 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.

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This page (NASDAQ:ON) was last updated on 8/2/2025 by MarketBeat.com Staff

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ON Semiconductor (ON) Stock Forecast & Price Target