ON SEMICONDUCTOR (ON) Forecast, Price Target & Analyst Ratings

NASDAQ:ON • US6821891057

Current stock price

58.35 USD
-2.52 (-4.14%)
At close:
58.38 USD
+0.03 (+0.05%)
Pre-Market:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ON SEMICONDUCTOR (ON).

Forecast Snapshot

Consensus Price Target

Price Target
$68.61
+ 17.58% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
$0.62
Revenue Estimate
1.531B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
71.36%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$68.61
Upside
+ 17.58%
From current price of $58.35 to mean target of $68.61, Based on 44 analyst forecasts
Low
$56.56
Median
$70.38
High
$78.75

Price Target Revisions

1 Month
6.92%
3 Months
14.67%

Price Target Summary

44 Wall Street analysts provided a forecast for the next 12 months for ON. The average price target is 68.61 USD. This implies a price increase of 17.58% is expected in the next year compared to the current price of 58.35.
The average price target has been revised upward by 14.67% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ON Current Analyst RatingON Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20

Analyst Ratings History

ON Historical Analyst RatingsON Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30 40

Analyst Ratings Consensus

ChartMill Buy Consensus
71.36%
ON was analyzed by 44 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about ON.
In the previous month the buy percentage consensus was at a similar level.
ON was analyzed by 44 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-13BarclaysInitiate Equal-Weight
2026-02-10Cantor FitzgeraldReiterate Neutral -> Neutral
2026-02-10MizuhoMaintains Outperform -> Outperform
2026-02-10NeedhamMaintains Buy -> Buy
2026-02-10KeybancMaintains Overweight -> Overweight
2026-02-10BenchmarkDowngrade Buy -> Hold
2026-02-10RosenblattMaintains Neutral -> Neutral
2026-02-10Wells FargoMaintains Overweight -> Overweight
2026-02-10Truist SecuritiesMaintains Hold -> Hold
2026-02-10JP MorganMaintains Neutral -> Neutral
2026-02-10Piper SandlerMaintains Overweight -> Overweight
2026-02-10CitigroupMaintains Neutral -> Neutral
2026-01-21B of A SecuritiesMaintains Neutral -> Neutral
2026-01-20B. Riley SecuritiesMaintains Neutral -> Neutral
2026-01-16StifelMaintains Hold -> Hold
2026-01-15Wells FargoMaintains Overweight -> Overweight
2026-01-15CitigroupMaintains Neutral -> Neutral
2026-01-07Piper SandlerMaintains Overweight -> Overweight
2025-12-19Truist SecuritiesMaintains Hold -> Hold
2025-11-24Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2025-11-04TD CowenMaintains Buy -> Buy
2025-11-04RosenblattMaintains Neutral -> Neutral
2025-11-04Truist SecuritiesMaintains Hold -> Hold
2025-11-04BairdMaintains Neutral -> Neutral
2025-11-04Morgan StanleyMaintains Equal-Weight -> Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
$0.62
Revenue Estimate
1.531B
Revenue Q2Q
5.90%
EPS Q2Q
12.57%
Number of Analysts
33

Next Earnings Revisions

Revenue (1 Month)
-0.78%
Revenue (3 Months)
-1.16%
EPS (1 Month)
-1.76%
EPS (3 Months)
-1.37%

Next Earnings Summary

ON is expected to report earnings on 5/4/2026. The consensus EPS estimate for the next earnings is 0.62 USD and the consensus revenue estimate is 1.53B USD.
The next earnings revenue estimate has been revised downward by 1.16% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
ON revenue by date.ON revenue by date.
8.253B
-0.88%		7.082B
-14.19%		5.995B
-15.35%		6.466B
7.85%		7.034B
8.78%		7.737B
9.99%		8.74B
12.96%		9.825B
12.41%
EBITDA
YoY % growth
ON ebitda by date.ON ebitda by date.
3.223B
-2.82%		2.545B
-21.05%		1.437B
-43.52%		2.017B
40.35%		2.495B
23.70%		2.924B
17.19%		3.821B
30.68%		4.744B
24.16%
EBIT
YoY % growth
ON ebit by date.ON ebit by date.
2.614B
-5.47%		1.902B
-27.24%		751.1M
-60.50%		1.359B
80.93%		1.845B
35.76%		2.286B
23.90%		2.907B
27.17%		3.461B
19.06%
Operating Margin
ON operating margin by date.ON operating margin by date.
31.67%26.85%12.53%21.02%26.23%29.55%33.26%35.23%
EPS
YoY % growth
ON eps by date.ON eps by date.
5.16
-3.19%		3.98
-22.87%		2.35
-40.95%		3.00
27.73%		4.15
38.42%		5.51
32.59%		6.95
26.11%		8.51
22.46%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.62
12.57%		0.67
25.87%		0.79
24.95%		0.87
35.37%		0.86
38.75%		0.95
42.46%		1.08
37.15%		1.14
31.15%		1.29
49.87%		1.44
51.38%		1.57
45.01%		1.64
44.44%
Revenue
Q2Q % growth		1.531B
5.90%		1.57B
6.90%		1.655B
6.71%		1.703B
11.30%		1.663B
8.62%		1.716B
9.30%		1.798B
8.64%		1.821B
6.93%		1.873B
12.63%		1.969B
14.74%		2.045B
13.74%		2.089B
14.72%
EBITDA
Q2Q % growth		457.07M
241.61%		475.51M
-16.17%		522.9M
-30.75%		557.3M
-41.02%		532.68M
16.54%		581.59M
22.31%		652.53M
24.79%		669.91M
20.21%		682.33M
28.09%		740.69M
27.36%		788.65M
20.86%		815.9M
21.79%
EBIT
Q2Q % growth		289.24M
940.81%		308.23M
27.05%		362.44M
27.62%		398.92M
54.08%		390.27M
34.93%		439.46M
42.58%		497.42M
37.24%		524.46M
31.47%		543.33M
39.22%		600.58M
36.66%		646.02M
29.87%		670.38M
27.82%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ON Yearly Revenue VS EstimatesON Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B
ON Yearly EPS VS EstimatesON Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
32.84%
EPS Next 5 Year
29.35%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
7.77%
Revenue Next 5 Year
9.71%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
37.25%
EBIT Next 5 Year
33.21%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ON SEMICONDUCTOR / ON Forecast FAQ

What is the average price target for ON SEMICONDUCTOR (ON) stock?

44 analysts have analysed ON and the average price target is 68.61 USD. This implies a price increase of 17.58% is expected in the next year compared to the current price of 58.35.

When does ON SEMICONDUCTOR (ON) report earnings?

ON SEMICONDUCTOR (ON) will report earnings on 2026-05-04, before the market open.

Can you provide the consensus estimates for ON SEMICONDUCTOR next earnings?

The consensus EPS estimate for the next earnings of ON SEMICONDUCTOR (ON) is 0.62 USD and the consensus revenue estimate is 1.53B USD.

What is the consensus rating for ON stock?

The consensus rating for ON SEMICONDUCTOR (ON) is 71.3636 / 100 . This indicates that analysts generally have a positive outlook on the stock.