ONTechnology · SemiconductorsThe 29 Wall Street analysts covering ON Semiconductor Corp. hold a median 12-month price target of $108 — +46.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 87 of 100 as at 2 Sept 2026 — inside the top quartile. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores ON Semiconductor Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (93): Analysts have, on balance, been raising their forecasts.
Quality (50): Profits are thin or unreliable for the size of the business, or they are not turning into cash.
Size (8): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on ON, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +46.6% from it.
Of the 20 most recent actions, 1 moved their price target up and 7 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 17 Aug 2026 | Cantor Fitzgerald | Reiterates | Neutral | $110 |
| 5 Aug 2026 | Citigroup | Maintains | Neutral | $120 → $98 |
| 5 Aug 2026 | Citigroup | Maintains | Neutral | — |
| 5 Aug 2026 | Truist Securities | Maintains | Hold | $101 → $91 |
| 5 Aug 2026 | Truist Securities | Maintains | Hold | — |
| 4 Aug 2026 | B. Riley Securities | Maintains | Buy | $135 → $127 |
| 4 Aug 2026 | B. Riley Securities | Maintains | Buy | — |
| 4 Aug 2026 | Baird | Maintains | Neutral | — |
| 4 Aug 2026 | Baird | Maintains | Neutral | $100 → $108 |
| 4 Aug 2026 | Cantor Fitzgerald | Reiterates | Neutral | — |
| 4 Aug 2026 | Cantor Fitzgerald | Reiterates | Neutral | $110 |
| 4 Aug 2026 | Mizuho | Maintains | Outperform | $125 → $110 |
| 4 Aug 2026 | Mizuho | Maintains | Outperform | — |
| 4 Aug 2026 | Needham | Maintains | Buy | — |
| 4 Aug 2026 | Needham | Maintains | Buy | $130 → $116 |
| 4 Aug 2026 | Rosenblatt | Maintains | Neutral | — |
| 4 Aug 2026 | Rosenblatt | Maintains | Neutral | $85 |
| 4 Aug 2026 | Wells Fargo | Maintains | Overweight | $130 → $110 |
| 4 Aug 2026 | Wells Fargo | Maintains | Overweight | — |
| 20 July 2026 | Wells Fargo | Maintains | Overweight | $140 → $130 |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ON appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 3 Sept 2026, ON Semiconductor Corp. returned +54.2% against +21.4% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 15% of US stocks
Cheaper than 27% of US stocks
Cheaper than 27% of US stocks
Cheaper than 25% of US stocks
Higher than 50% of US stocks
Higher than 68% of US stocks
Higher than 48% of US stocks
Higher than 79% of US stocks
Higher than 70% of US stocks
Higher than 60% of US stocks
Higher than 84% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
ON Semiconductor Corp. has a market value of $28.3B and an enterprise value of $29.1B.
Revenue in the twelve months to 30 June 2026: $6.2B. The latest quarter grew 9.2% year on year.
Net income over the same four quarters: $631.7M, a 10.2% net margin.
Diluted earnings per share, trailing twelve months: $1.56.
Free cash flow in the twelve months to 30 June 2026: $1.5B.
ON Semiconductor Corp. spent $1.5B on share buybacks in the twelve months to 30 June 2026.
Trailing P/E: 47.5×; forward P/E: 16.0× — the forward figure prices analyst consensus estimates, not reported earnings.
ON Semiconductor Corp. employs 22,600 people — $274K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own ON Semiconductor Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
ON Semiconductor shares have fallen 24% from their June 3 record high of $134.92. The stock is up 1.3% today, on track for its fifth positive session in seven, putting its bullish trendline in focus.
Why it matters — ON watchers would care because the current pullback and the shares' stabilization around the bullish trendline could signal how the stock's recent uptrend holds up.
ON Semiconductor Corporation presented at the Deutsche Bank 2026 Technology Conference, and a transcript of the presentation has been published by Seeking Alpha. The presentation covers the company's remarks at the conference.
Why it matters — ON watchers would care because the transcript provides direct insight into the company's commentary and positioning shared with investors at a major industry conference.
onsemi executives said demand conditions have improved across the company's end markets, with automotive demand appearing to have bottomed in the first quarter. They also cited AI data-center demand as a significant source of growth.
Why it matters — ON watchers would care because the company reports that its key automotive segment has bottomed while AI data-center demand is accelerating, signaling improving conditions across its end markets.
Zacks published a comparison of STMicroelectronics (STM) and ON Semiconductor (ON) as EV semiconductor investment options, examining their growth, earnings, silicon carbide momentum, design wins, and capacity trends. The article frames both companies as offering distinct opportunities in the EV semiconductor space without endorsing either.
Why it matters — ON watchers would care because the piece evaluates ON's competitive position against a direct rival in the EV semiconductor market, touching on growth, SiC momentum, and design wins that could shape its outlook.
ON Semiconductor (NASDAQ:ON) is pacing for its fifth consecutive daily loss, trading at its lowest level since early April. The article frames the pullback as potentially having bullish implications for the stock.
Why it matters — ON watchers would care because the recent decline and current price level may be viewed as a potential opportunity rather than a cause for concern, per the article's bullish framing.
The 29 Wall Street analysts covering ON Semiconductor Corp. have a median 12-month price target of $108, with estimates ranging from $85 to $150. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 29 analysts covering ON Semiconductor Corp., 13 rate it a Buy, 16 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks ON Semiconductor Corp. 87 out of 100 across roughly 4,600 US stocks as at 2 Sept 2026. None of this is personal advice — it does not consider your circumstances.
As at 2 Sept 2026, ON Semiconductor Corp. ranks 87 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (93 of 100).
No one can know that. What the data says: the median 12-month target from 29 analysts implies +46.6% from the last close, and Ticker Nerd's factor model ranks ON Semiconductor Corp. 87 out of 100 as at 2 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering ON Semiconductor Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ON are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $85 to $150 over the next 12 months.
ON Semiconductor Corp. returned +54.2% over the 12 months to 3 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.
ON Semiconductor Corporation is a semiconductor company that develops intelligent power and sensing solutions for automotive, industrial, computing, and communications applications. The company designs and supplies a broad portfolio of products that includes power management devices, image sensors, analog and mixed-signal components, and silicon carbide technologies used in energy-efficient systems.
The most recent item we track (Forbes, 3 Sept 2026): "ON Semiconductor Stock's Pullback Puts Bullish Trendline In Focus". ON Semiconductor shares have fallen 24% from their June 3 record high of $134.92. The stock is up 1.3% today, on track for its fifth positive session in seven, putting its bullish trendline in focus.
ON Semiconductor Corporation is a semiconductor company that develops intelligent power and sensing solutions for automotive, industrial, computing, and communications applications. The company designs and supplies a broad portfolio of products that includes power management devices, image sensors, analog and mixed-signal components, and silicon carbide technologies used in energy-efficient systems. ON Semiconductor Corporation supports customers building electric vehicles, factory automation, advanced driver-assistance systems, data centers, and renewable energy equipment. Its products help manage power conversion, enable sensing and imaging, and improve system efficiency across complex electronic platforms. Headquartered in Scottsdale, Arizona, ON Semiconductor Corporation plays an important role in the global semiconductor market by supplying components that support electrification, automation, and connected devices.
CEO Mr. Hassane S. El-Khoury · 22,600 employees · United States · https://www.onsemi.com
