NASDAQ: ON
On Semiconductor Corp Stock Forecast, Predictions & Price Target

Analyst price target for ON

Based on 21 analysts offering 12 month price targets for On Semiconductor Corp

Min Forecast
$75.00-14.16%
Avg Forecast
$113.10+29.44%
Max Forecast
$150.00+71.68%

Should I buy or sell ON stock?

Based on 21 analysts offering ratings for On Semiconductor Corp.

Buy
Strong Buy
7 analysts 33.33%
Buy
3 analysts 14.29%
Hold
11 analysts 52.38%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model agrees with analyst consensus with a "Buy" rating. Learn More

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ON stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-07-13
lockedlocked$00.00+00.00%2026-07-09
lockedlocked$00.00+00.00%2026-07-01
lockedlocked$00.00+00.00%2026-06-29
lockedlocked$00.00+00.00%2026-06-26
Evercore ISI Group
Top 2%
99
BuyMaintains$137.00+56.80%2026-06-26
Needham
Top 1%
100
BuyMaintains$130.00+48.79%2026-06-26
Stifel Nicolaus
Top 1%
100
HoldMaintains$107.00+22.47%2026-06-24
Citigroup
Top 1%
100
HoldMaintains$120.00+37.35%2026-06-15
Wells Fargo
Top 3%
98
Strong BuyMaintains$140.00+60.24%2026-06-09

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Forecast return on equity

Is ON forecast to generate an efficient return?

Company
42.68%
Industry
151.09%
Market
171.54%
ON's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ON forecast to generate an efficient return on assets?

Company
25.95%
Industry
104.58%
ON is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ON earnings per share forecast

What is ON's earnings per share in the next 3 years based on estimates from 36 analysts?

Avg 1 year Forecast
$3.20+128.35%
Avg 2 year Forecast
$4.45+217.79%
Avg 3 year Forecast
$6.02+330.08%
ON's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ON revenue forecast

What is ON's revenue in the next 3 years based on estimates from 36 analysts?

Avg 1 year Forecast
$6.7B+10.06%
Avg 2 year Forecast
$7.4B+22.38%
Avg 3 year Forecast
$8.5B+39.4%
ON's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ON earnings growth forecast

How is ON forecast to perform vs Semiconductors companies and vs the US market?

Company
61.75%
Industry
35.65%
Market
34.21%
ON's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ON's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ON's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ON revenue growth forecast

How is ON forecast to perform vs Semiconductors companies and vs the US market?

Company
11.33%
Industry
28.82%
Market
13.93%
ON's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ON's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ON vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
ON$87.37$113.10+29.44%Buy
ASX$38.41N/AN/A
GFS$57.48$71.42+24.25%Buy
CBRS$172.86$291.09+68.40%Strong Buy
TSEM$234.10$276.75+18.22%Buy

On Semiconductor Stock Forecast FAQ

Is On Semiconductor Stock a good buy in 2026, according to Wall Street analysts?

The consensus among 21 Wall Street analysts covering (NASDAQ: ON) stock is to Buy ON stock.

Out of 21 analysts, 7 (33.33%) are recommending ON as a Strong Buy, 3 (14.29%) are recommending ON as a Buy, 11 (52.38%) are recommending ON as a Hold, 0 (0%) are recommending ON as a Sell, and 0 (0%) are recommending ON as a Strong Sell.

If you're new to stock investing, here's how to buy On Semiconductor stock.

What is ON's earnings growth forecast for 2026-2028?

(NASDAQ: ON) On Semiconductor's forecast annual earnings growth rate of 61.75% is forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 35.65%, and it is also forecast to beat the US market's average forecast earnings growth rate of 34.21%.

On Semiconductor's earnings in 2026 is $573,700,000.On average, 36 Wall Street analysts forecast ON's earnings for 2026 to be $1,252,875,311, with the lowest ON earnings forecast at $1,113,788,869, and the highest ON earnings forecast at $1,357,944,557. On average, 34 Wall Street analysts forecast ON's earnings for 2027 to be $1,743,577,297, with the lowest ON earnings forecast at $1,390,315,760, and the highest ON earnings forecast at $2,222,091,093.

In 2028, ON is forecast to generate $2,359,688,303 in earnings, with the lowest earnings forecast at $1,943,369,544 and the highest earnings forecast at $2,880,488,454.

What is ON's revenue growth forecast for 2026-2028?

(NASDAQ: ON) On Semiconductor's forecast annual revenue growth rate of 11.33% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 28.82%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.93%.

On Semiconductor's revenue in 2026 is $6,063,000,000.On average, 36 Wall Street analysts forecast ON's revenue for 2026 to be $2,615,169,993,543, with the lowest ON revenue forecast at $2,418,826,494,852, and the highest ON revenue forecast at $2,734,700,466,798. On average, 34 Wall Street analysts forecast ON's revenue for 2027 to be $2,907,921,677,220, with the lowest ON revenue forecast at $2,650,049,377,542, and the highest ON revenue forecast at $3,108,576,111,012.

In 2028, ON is forecast to generate $3,312,365,770,332 in revenue, with the lowest revenue forecast at $2,939,665,835,691 and the highest revenue forecast at $4,053,846,607,704.

What is ON's forecast return on assets (ROA) for 2026-2029?

(NASDAQ: ON) forecast ROA is 25.95%, which is lower than the forecast US Semiconductors industry average of 104.58%.

What is ON's Price Target?

According to 21 Wall Street analysts that have issued a 1 year ON price target, the average ON price target is $113.10, with the highest ON stock price forecast at $150.00 and the lowest ON stock price forecast at $75.00.

On average, Wall Street analysts predict that On Semiconductor's share price could reach $113.10 by Jul 13, 2027. The average On Semiconductor stock price prediction forecasts a potential upside of 29.44% from the current ON share price of $87.37.

What is ON's Earnings Per Share (EPS) forecast for 2026-2028?

(NASDAQ: ON) On Semiconductor's current Earnings Per Share (EPS) is $1.40. On average, analysts forecast that ON's EPS will be $3.20 for 2026, with the lowest EPS forecast at $2.84, and the highest EPS forecast at $3.47. On average, analysts forecast that ON's EPS will be $4.45 for 2027, with the lowest EPS forecast at $3.55, and the highest EPS forecast at $5.67. In 2028, ON's EPS is forecast to hit $6.02 (min: $4.96, max: $7.35).

What is ON's forecast return on equity (ROE) for 2026-2029?

(NASDAQ: ON) forecast ROE is 42.68%, which is considered strong.
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