ON Semiconductor Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for ON Semiconductor stock have an average target of 107.39, with a low estimate of 62 and a high estimate of 160. The average target predicts an increase of 18.47% from the current stock price of 90.65.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$62	$107.39	$107	$160
Change	-31.61%	+18.47%	+18.04%	+76.50%

Analyst Ratings

The average analyst rating for ON Semiconductor stock from 29 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	11	10	10	13	13	10
Buy	2	2	1	1	1	1
Hold	21	23	23	19	19	18
Sell	0	0	0	1	0	0
Strong Sell	0	0	0	0	0	0
Total	34	35	34	34	33	29

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Prisco Cantor Fitzgerald	Cantor Fitzgerald	Hold Reiterates $100	Hold	Reiterates	$100	+10.31%	Jun 26, 2026
Atif Malik Citi	Citi	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jun 26, 2026
William Stein Truist Financial	Truist Financial	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jun 26, 2026
Vivek Arya Bank of America Securities	Bank of America Securities	Buy Maintains $138	Buy	Maintains	$138	+52.23%	Jun 26, 2026
Joseph Quatrochi Wells Fargo	Wells Fargo	Buy Maintains $140 → $160	Buy	Maintains	$140 → $160	+76.50%	Jun 26, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

6.48B

from 6.00B

8.06%

from 6.00B

Revenue Next Year

7.19B

from 6.48B

10.97%

from 6.48B

EPS This Year

3.10

from 2.35

31.90%

from 2.35

EPS Next Year

4.32

from 3.10

39.21%

from 3.10

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	6.74B	8.33B	8.25B	7.08B	6.00B	6.48B	7.19B
Revenue Growth	28.26%	23.54%	-0.88%	-14.19%	-15.35%	8.06%	10.97%
EPS	2.27	4.25	4.89	3.63	0.29	2.21	4.17
EPS Growth	306.23%	86.76%	15.11%	-25.77%	-92.01%	662.83%	88.33%
Forward PE	-	-	-	-	-	40.98	21.76
No. Analysts	-	-	-	-	-	28	28

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	6.6B	7.6B
Avg	6.5B	7.2B
Low	6.3B	6.8B

Revenue Growth

Revenue Growth	2026	2027
High	10.8%	16.6%
Avg	8.1%	11.0%
Low	5.1%	5.5%

EPS Forecast

EPS	2026	2027
High	3.30	5.40
Avg	3.10	4.32
Low	2.90	3.62

EPS Growth

EPS Growth	2026	2027
High	40.4%	74.2%
Avg	31.9%	39.2%
Low	23.4%	16.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.