ON SEMICONDUCTOR (ON) Forecast, Price Target & Analyst Ratings
NASDAQ:ON • US6821891057
56.87 USD
-3.98 (-6.54%)
At close: Mar 6, 2026
56.87 USD
0 (0%)
After Hours: 3/6/2026, 8:00:02 PM
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
$69.34
+ 21.92% Upside
Next Earnings Forecast
Release DateMay 4, 2026
PeriodQ1 / 2026
EPS Estimate$0.63
Revenue Estimate1.532B
ChartMill Buy Consensus
71.82%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$69.34
Upside
+ 21.92%
From current price of $56.87 to mean target of $69.34, Based on 44 analyst forecasts
Low
$56.56
Median
$71.40
High
$84.00
Price Target Revisions
1 Month
11.97%
3 Months
15.73%
Price Target Summary
44 analysts have analysed ON and the average price target is 69.34 USD. This implies a price increase of 21.92% is expected in the next year compared to the current price of 56.87.
The average price target has been revised upward by 15.73% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
71.82%
ON was analyzed by 44 analysts. The buy percentage consensus is at 72. 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 is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-02-13 | Barclays | Initiate | Equal-Weight |
| 2026-02-10 | Cantor Fitzgerald | Reiterate | Neutral -> Neutral |
| 2026-02-10 | Mizuho | Maintains | Outperform -> Outperform |
| 2026-02-10 | Needham | Maintains | Buy -> Buy |
| 2026-02-10 | Keybanc | Maintains | Overweight -> Overweight |
| 2026-02-10 | Benchmark | Downgrade | Buy -> Hold |
| 2026-02-10 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2026-02-10 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2026-02-10 | Truist Securities | Maintains | Hold -> Hold |
| 2026-02-10 | JP Morgan | Maintains | Neutral -> Neutral |
| 2026-02-10 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2026-02-10 | Citigroup | Maintains | Neutral -> Neutral |
| 2026-01-21 | B of A Securities | Maintains | Neutral -> Neutral |
| 2026-01-20 | B. Riley Securities | Maintains | Neutral -> Neutral |
| 2026-01-16 | Stifel | Maintains | Hold -> Hold |
| 2026-01-15 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2026-01-15 | Citigroup | Maintains | Neutral -> Neutral |
| 2026-01-07 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2025-12-19 | Truist Securities | Maintains | Hold -> Hold |
| 2025-11-24 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2025-11-04 | TD Cowen | Maintains | Buy -> Buy |
| 2025-11-04 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-11-04 | Truist Securities | Maintains | Hold -> Hold |
| 2025-11-04 | Baird | Maintains | Neutral -> Neutral |
| 2025-11-04 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
Next Earnings Forecast Details
Next Earnings Details
Release DateMay 4, 2026
PeriodQ1 / 2026
EPS Estimate$0.63
Revenue Estimate1.532B
Revenue Q2Q5.97%
EPS Q2Q15.00%
Number of Analysts33
Next Earnings Revisions
Revenue (1 Month)
-1.16%
Revenue (3 Months)
-1.10%
EPS (1 Month)
0.82%
EPS (3 Months)
0.25%
Next Earnings Summary
ON is expected to report earnings on 5/4/2026. The consensus EPS estimate for the next earnings is 0.63 USD and the consensus revenue estimate is 1.53B USD.
The next earnings revenue estimate has been revised downward by 1.1% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 8.253B -0.88% | 7.082B -14.19% | 5.995B -15.35% | 6.478B 8.05% | 7.136B 10.16% | 7.747B 8.56% | 8.905B 14.95% | 11.404B 28.06% | |
| EBITDA YoY % growth | 3.223B -2.82% | 2.545B -21.05% | 1.437B -43.52% | 2.017B 40.35% | 2.495B 23.70% | 2.924B 17.19% | 3.96B 35.43% | 4.912B 24.04% | |
| EBIT YoY % growth | 2.614B -5.47% | 1.902B -27.24% | 751.1M -60.50% | 1.361B 81.20% | 1.847B 35.71% | 2.286B 23.77% | 3.028B 32.46% | 4.318B 42.60% | |
| Operating Margin | 31.67% | 26.85% | 12.53% | 21.01% | 25.88% | 29.51% | 34.00% | 37.86% | |
| EPS YoY % growth | 5.16 -3.19% | 3.98 -22.87% | 2.35 -40.95% | 3.00 27.86% | 4.24 41.19% | 5.47 29.05% | 6.78 23.80% | 9.07 33.89% |
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 | |
|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.63 15.00% | 0.68 28.65% | 0.81 28.41% | 0.85 33.27% | 0.89 41.00% | 1.02 49.20% | 1.16 43.31% | 1.22 42.79% |
| Revenue Q2Q % growth | 1.532B 5.97% | 1.573B 7.10% | 1.671B 7.74% | 1.68B 9.80% | 1.679B 9.60% | 1.754B 11.51% | 1.841B 10.17% | 1.853B 10.30% |
| EBITDA Q2Q % growth | 457.07M 241.61% | 475.51M -16.17% | 513.8M -31.96% | 544.36M -42.39% | 525.15M 14.89% | 590.9M 24.27% | 666.73M 29.76% | 684.68M 25.78% |
| EBIT Q2Q % growth | 289.45M 941.42% | 308.55M 27.18% | 372.19M 31.05% | 393.89M 52.14% | 397.33M 37.27% | 457.47M 48.26% | 521.64M 40.15% | 541.89M 37.57% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
32.56%
EPS Next 5 Year
31.02%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
7.81%
Revenue Next 5 Year
13.03%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
37.25%
EBIT Next 5 Year
34.14%
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 69.34 USD. This implies a price increase of 21.92% is expected in the next year compared to the current price of 56.87.
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 0.63 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 71.8182 / 100 . This indicates that analysts generally have a positive outlook on the stock.