Onsemi (ON) Stock Forecast & Price Target

$54.63 +1.12 (+2.09%)

As of 01/17/2025 04:00 PM Eastern

Onsemi - 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

Moderate Buy

Based on 23 Analyst Ratings

Sell
2

Hold
6

Buy
15

Based on 23 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 23 analysts, 2 have given a sell rating, 6 have given a hold rating, and 15 have given a buy rating for ON.

Consensus Price Target

$83.35
52.57% Upside

According to the 23 analysts' twelve-month price targets for Onsemi, the average price target is $83.35. The highest price target for ON is $104.00, while the lowest price target for ON is $55.00. The average price target represents a forecasted upside of 52.57% from the current price of $54.63.

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.

ON Analyst Ratings Over Time

Type	Current Forecast 1/21/24 to 1/20/25	1 Month Ago 12/22/23 to 12/21/24	3 Months Ago 10/23/23 to 10/22/24	1 Year Ago 1/21/23 to 1/21/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	15 Buy rating(s)	16 Buy rating(s)	15 Buy rating(s)	14 Buy rating(s)
Hold	6 Hold rating(s)	5 Hold rating(s)	7 Hold rating(s)	11 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$83.35	$85.87	$85.74	$98.08
Forecasted Upside	52.57% Upside	31.10% Upside	28.85% Upside	32.77% Upside
Consensus Rating	Moderate Buy	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.

Onsemi Stock vs. The Competition

Type	Onsemi	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.57	2.69	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	52.57% Upside	256.10% Upside	12.44% Upside
News Sentiment Rating	Positive News See Recent ON News	Neutral 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
1/14/2025	KeyCorp 3 of 5 stars	John Vinh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$90.00 ➝ $70.00	+25.29%
1/13/2025	Wells Fargo & Company 3 of 5 stars	J. Quatrochi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$85.00 ➝ $80.00	+44.72%
1/10/2025	The Goldman Sachs Group 3 of 5 stars	Toshiya Hari Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$92.00 ➝ $77.00	+43.07%
1/10/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Stein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$85.00 ➝ $60.00	+2.90%
12/12/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$100.00 ➝ $100.00	+47.12%
11/19/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$87.00 ➝ $87.00	+30.87%
11/11/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Mobley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$95.00	+35.79%
10/29/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$75.00 ➝ $75.00	+4.43%
10/29/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$70.00 ➝ $75.00	+3.82%
10/29/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$90.00 ➝ $90.00	+24.58%
Get the Latest News and Ratings for ON and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Onsemi and its competitors with MarketBeat's FREE daily newsletter.
10/29/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$63.00 ➝ $64.00	-11.41%
10/25/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$90.00 ➝ $85.00	+15.05%
10/25/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$60.00 ➝ $55.00	-25.55%
10/18/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Vijay Rakesh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$85.00	+23.56%
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%
7/30/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$85.00 ➝ $88.00	+12.43%
7/17/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Positive ➝ Positive	$85.00 ➝ $95.00	+20.65%
7/15/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Danely Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$85.00 ➝ $77.00	+0.17%
5/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Buy	$95.00 ➝ $100.00	+41.92%
4/30/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$115.00 ➝ $103.00	+45.44%
4/18/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$82.00 ➝ $72.00	+14.58%
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	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$132.00 ➝ $78.00	+16.23%
10/30/2023	Summit Insights Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
8/1/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$105.00 ➝ $110.00	+2.09%
7/31/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$130.00 ➝ $135.00	+25.29%
7/19/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Peer Perform
5/17/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
3/2/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
2/7/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$81.00 ➝ $95.00	+18.16%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 03:53 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, January 20, 2025. Please send any questions or comments about these Onsemi pros and cons to contact@marketbeat.com.

Onsemi
Bull Case

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

Recent earnings report showed ON Semiconductor Corporation exceeding consensus estimates with an EPS of $0.99, indicating strong financial performance and potential for growth.
The stock has a current price of $55.18, which is significantly lower than the average price target of $83.35 set by analysts, suggesting potential for price appreciation.
KeyCorp's recent price target adjustment to $70.00 still reflects a potential upside of 26.86% from the current stock price, indicating a favorable investment opportunity.
Analysts have a generally positive outlook, with 15 analysts rating the stock as a buy, which can instill confidence in potential investors.
ON Semiconductor Corporation has a solid market capitalization of $23.50 billion, which provides stability and resources for future growth initiatives.

Onsemi
Bear Case

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

The stock has experienced a 12-month low of $53.10, indicating volatility and potential risks associated with price fluctuations.
Recent short interest data shows 24,490,000 shares are shorted, which could indicate bearish sentiment among some investors.
With a debt-to-equity ratio of 0.30, while relatively low, it still suggests that the company is using some leverage, which can be a risk if market conditions change.
The stock has a 52-week performance decline of 25.94%, which may raise concerns about the company's ability to recover and grow in the near term.
Institutional ownership is currently at 0%, which may suggest a lack of confidence from larger investors in the company's future prospects.

ON Forecast - Frequently Asked Questions

: According to the research reports of 23 Wall Street equities research analysts, the average twelve-month stock price forecast for Onsemi is $83.35, with a high forecast of $104.00 and a low forecast of $55.00.
: 23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Onsemi in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ON shares.
: According to analysts, Onsemi's stock has a predicted upside of 52.57% based on their 12-month stock forecasts.
: Onsemi has been rated by research analysts at Benchmark, BNP Paribas, KeyCorp, Loop Capital, Morgan Stanley, Needham & Company LLC, Robert W. Baird, Rosenblatt Securities, Roth Mkm, TD Cowen, The Goldman Sachs Group, Truist Financial, and Wells Fargo & Company in the past 90 days.
: Analysts like Onsemi less than other "computer and technology" companies. The consensus rating score for Onsemi is 2.57 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how ON compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

This page (NASDAQ:ON) was last updated on 1/20/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Onsemi (ON) Stock Forecast & Price Target