ON Logo

ON Stock Forecast: ON Semiconductor Corporation Price Predictions for 2026

Home โ€บ Stocks โ€บ United States | NASDAQ | Technology | Semiconductors

$58.55

+0.86 (1.49%)

ON Stock Forecast 2026-2027

$58.55
Current Price
$23.56B
Market Cap
34 Ratings
Buy 12
Hold 22
Sell 0
Wall St Analyst Ratings

Distance to ON Price Targets

+28.1%
To High Target of $75.00
+19.6%
To Median Target of $70.00
-4.4%
To Low Target of $56.00

ON Price Momentum

+3.0%
1 Week Change
-18.9%
1 Month Change
+35.6%
1 Year Change
+8.1%
Year-to-Date Change
-20.6%
From 52W High of $73.76
+88.6%
From 52W Low of $31.04
๐Ÿ“Š TOP ANALYST CALLS

Did ON Make This Month's Elite Buy List?

We don't follow just any analyst โ€” only the top 3% with a proven track record make our cut. See if ON Semiconductor is one of their latest high-conviction picks.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Latest ON Stock Price Targets & Analyst Predictions

Based on our analysis of 45 Wall Street analysts, ON has a neutral consensus with a median price target of $70.00 (ranging from $56.00 to $75.00). The overall analyst rating is Buy (7.3/10). Currently trading at $58.55, the median forecast implies a 19.6% upside. This outlook is supported by 12 Buy, 22 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Tom O'Malley at Barclays, projecting a 28.1% upside. Conversely, the most conservative target is provided by Joseph Moore at Morgan Stanley, suggesting a 4.4% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

ON Analyst Ratings

12
Buy
22
Hold
0
Sell

ON Price Target Range

Low
$56.00
Average
$70.00
High
$75.00
Current: $58.55

Latest ON Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for ON.

Date Firm Analyst Rating Change Price Target
Feb 13, 2026 Barclays Tom O'Malley Equal-Weight Initiates $75.00
Feb 10, 2026 Benchmark David Williams Hold Downgrade $N/A
Feb 10, 2026 JP Morgan Harlan Sur Neutral Maintains $70.00
Feb 10, 2026 Wells Fargo Joe Quatrochi Overweight Maintains $72.00
Feb 10, 2026 Truist Securities William Stein Hold Maintains $66.00
Feb 10, 2026 Rosenblatt Kevin Cassidy Neutral Maintains $60.00
Feb 10, 2026 Piper Sandler Harsh Kumar Overweight Maintains $75.00
Feb 10, 2026 Mizuho Vijay Rakesh Outperform Maintains $70.00
Feb 10, 2026 Cantor Fitzgerald Matthew Prisco Neutral Reiterates $60.00
Feb 10, 2026 Keybanc John Vinh Overweight Maintains $75.00
Feb 10, 2026 Needham N. Quinn Bolton Buy Maintains $72.00
Feb 10, 2026 Citigroup Atif Malik Neutral Maintains $68.00
Jan 21, 2026 B of A Securities Vivek Arya Neutral Maintains $65.00
Jan 20, 2026 B. Riley Securities Craig Ellis Neutral Maintains $58.00
Jan 16, 2026 Stifel Tore Svanberg Hold Maintains $60.00
Jan 15, 2026 Citigroup Christopher Danely Neutral Maintains $66.00
Jan 15, 2026 Wells Fargo Joe Quatrochi Overweight Maintains $70.00
Jan 7, 2026 Piper Sandler Harsh Kumar Overweight Maintains $65.00
Dec 19, 2025 Truist Securities William Stein Hold Maintains $57.00
Nov 24, 2025 Morgan Stanley Joseph Moore Equal-Weight Maintains $56.00

ON Semiconductor Corporation (ON) Competitors

The following stocks are similar to ON Semiconductor based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

ON Semiconductor Corporation (ON) Financial Data

ON Semiconductor Corporation has a market capitalization of $23.56B with a P/E ratio of 198.9x. The company generates $6.00B in trailing twelve-month revenue with a 2.0% profit margin.

Revenue growth is -11.2% quarter-over-quarter, while maintaining an operating margin of +19.1% and return on equity of +1.5%.

Valuation Metrics

Market Cap $23.56B
Enterprise Value $23.46B
P/E Ratio 198.9x
PEG Ratio -4.0x
Price/Sales 3.9x

Growth & Margins

Revenue Growth (YoY) -11.2%
Gross Margin +36.0%
Operating Margin +19.1%
Net Margin +2.0%
EPS Growth -52.1%

Financial Health

Cash/Price Ratio +11.0%
Current Ratio 4.5x
Debt/Equity 42.3x
ROE +1.5%
ROA +5.0%
๐Ÿ’ก SKIP THE NOISE

97% of Analyst Ratings Go Nowhere

We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ€” tracked and updated every Monday and Thursday.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

ON Semiconductor Corporation logo

ON Semiconductor Corporation (ON) Business Model

About ON Semiconductor Corporation

What They Do

Supplies intelligent power and sensing solutions.

Business Model

The company generates revenue by designing and manufacturing a wide range of semiconductor products, including power management ICs and image sensors, primarily serving industries such as automotive and industrial. It operates through three segments that cater to diverse customer needs, enabling it to capitalize on emerging markets like electric vehicles and autonomous technology.

Additional Information

Founded in 1999, ON Semiconductor has expanded its global presence through strategic acquisitions and innovation. It has established a robust infrastructure with manufacturing and design facilities worldwide, allowing it to effectively serve tens of thousands of customers and adapt to market demands.

Company Information

Sector

Technology

Industry

Semiconductors

Employees

22,600

CEO

Mr. Hassane S. El-Khoury

Country

United States

IPO Year

2000

ON Semiconductor Corporation (ON) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

ON Semiconductor Corp. (ON) Increases Despite Market Slip: Here's What You Need to Know

ON Semiconductor Corp. (ON) reached $58.55 at the closing of the latest trading day, reflecting a +1.49% change compared to its last close.

Mar 13, 2026 By Zacks Equity Research Tale of the Tape

Here's Why ON Semiconductor Corp. (ON) Fell More Than Broader Market

In the most recent trading session, ON Semiconductor Corp. (ON) closed at $57.69, indicating a -2.62% shift from the previous trading day.

Mar 12, 2026 By Zacks Equity Research Tale of the Tape

Why Is ON Semiconductor Corp. (ON) Down 11.6% Since Last Earnings Report?

ON Semiconductor Corp. (ON) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Mar 11, 2026 By Zacks Equity Research Realtime BLOG

Latest News

ON stock latest news image
Quick Summary

ON Semiconductor Corp. reported earnings 30 days ago; investors may be looking for upcoming developments or guidance affecting the stock's performance.

Why It Matters

ON Semiconductor's recent earnings report can influence stock performance and investor sentiment, impacting future price movements and strategic decisions.

Source: Zacks Investment Research
Market Sentiment: Negative
ON stock latest news image
Quick Summary

ON Semiconductor Corp. (ON) closed at $57.69, down 2.62% from the previous trading day in the latest trading session.

Why It Matters

A 2.62% drop in ON Semiconductor's stock price suggests potential volatility, affecting investor sentiment and possibly signaling broader market trends or company-specific challenges.

Source: Zacks Investment Research
Market Sentiment: Negative
ON stock latest news image
Quick Summary

An analyst suggests that the ongoing conflict in Iran may benefit manufacturers of analog semiconductors.

Why It Matters

Increased conflict may disrupt supply chains, elevating demand for analog semiconductors, potentially boosting stock values of manufacturers in that sector.

Source: Market Watch
Market Sentiment: Positive
ON stock latest news image
Quick Summary

ON Semiconductor Corporation presented at the Morgan Stanley Technology, Media & Telecom Conference 2026, providing insights into their business and future strategies.

Why It Matters

ON Semiconductor's presentation at a significant industry conference signals potential insights into its growth strategies and market outlook, impacting investor sentiment and stock performance.

Source: Seeking Alpha
Market Sentiment: Neutral
ON stock latest news image
Quick Summary

Zacks.com users are closely monitoring ON Semiconductor Corp. (ON), indicating potential investor interest and suggesting a review of the stock's outlook may be beneficial.

Why It Matters

Increased attention from Zacks.com users suggests heightened interest in ON Semiconductor Corp., potentially impacting stock performance and trading volume.

Source: Zacks Investment Research
Market Sentiment: Positive
ON stock latest news image
Quick Summary

onsemi (Nasdaq: ON) will hold its Financial Analyst Day on September 16, 2026, in New York City.

Why It Matters

onsemi's Financial Analyst Day may reveal strategic insights and future guidance, impacting investor sentiment and stock performance. Timely updates can influence investment decisions.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About ON Stock

What is ON Semiconductor Corporation's (ON) stock forecast for 2026?

Based on our analysis of 45 Wall Street analysts, ON Semiconductor Corporation (ON) has a median price target of $70.00. The highest price target is $75.00 and the lowest is $56.00.

Is ON stock a good investment in 2026?

According to current analyst ratings, ON has 12 Buy ratings, 22 Hold ratings, and 0 Sell ratings. The stock is currently trading at $58.55. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for ON stock?

Wall Street analysts predict ON stock could reach $70.00 in the next 12 months. This represents a 19.6% increase from the current price of $58.55. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is ON Semiconductor Corporation's business model?

The company generates revenue by designing and manufacturing a wide range of semiconductor products, including power management ICs and image sensors, primarily serving industries such as automotive and industrial. It operates through three segments that cater to diverse customer needs, enabling it to capitalize on emerging markets like electric vehicles and autonomous technology.

What is the highest forecasted price for ON ON Semiconductor Corporation?

The highest price target for ON is $75.00 from Tom O'Malley at Barclays, which represents a 28.1% increase from the current price of $58.55.

What is the lowest forecasted price for ON ON Semiconductor Corporation?

The lowest price target for ON is $56.00 from Joseph Moore at Morgan Stanley, which represents a -4.4% decrease from the current price of $58.55.

What is the overall ON consensus from analysts for ON Semiconductor Corporation?

The overall analyst consensus for ON is neutral. Out of 45 Wall Street analysts, 12 rate it as Buy, 22 as Hold, and 0 as Sell, with a median price target of $70.00.

How accurate are ON stock price projections?

Stock price projections, including those for ON Semiconductor Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: March 15, 2026 6:55 AM UTC
Serious About Growing Your Portfolio?

We highlight 2 high-upside stocks each month – no fluff.

Missedย NVDA?
Donโ€™t Miss the Next One.

Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ€” for free.