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

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Analyst price target for ON

Based on 19 analysts offering 12 month price targets for On Semiconductor Corp.
Min Forecast
$62.00-15.53%
Avg Forecast
$74.28+1.2%
Max Forecast
$90.00+22.62%

Should I buy or sell ON stock?

Based on 20 analysts offering ratings for On Semiconductor Corp.
Strong Buy
Strong Buy
14 analysts 70%
Buy
2 analysts 10%
Hold
3 analysts 15%
Sell
1 analysts 5%
Strong Sell
0 analysts 0%

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ON stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Credit Suisse
Top 2%
99
HoldInitiates Coverage On$83.00+13.08%2022-11-16
Susquehanna
Top 5%
96
Strong BuyMaintains$80.00+8.99%2022-11-01
Morgan Stanley
Top 14%
87
HoldMaintains$70.40-4.09%2022-11-01
Mizuho
Top 10%
91
Strong BuyMaintains$72.00-1.91%2022-11-01
Deutsche Bank
Top 7%
94
Strong BuyMaintains$70.00-4.63%2022-10-18
William Blair
Top 12%
89
BuyInitiates Coverage OnN/AN/A2022-10-17
Stifel Nicolaus
Top 3%
98
HoldMaintains$68.00-7.36%2022-08-15Find out why
Piper Sandler
Top 9%
92
Strong BuyMaintains$90.00+22.62%2022-08-15Find out why
Jefferies
Top 10%
91
Strong BuyMaintains$77.00+4.90%2022-08-02Find out why
B. Riley Securities
Top 1%
100
Strong BuyMaintains$80.00+8.99%2022-08-02Find out why

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Forecast return on equity

Is ON forecast to generate an efficient return?
Company
53.59%
Industry
35.29%
Market
66.85%
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
27.31%
Industry
18.6%
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 12 analysts?
Avg 1 year Forecast
$5.15+29.4%
Avg 2 year Forecast
$5.01+25.88%
Avg 3 year Forecast
$5.40+35.68%
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 10 analysts?
Avg 1 year Forecast
$8.3B+2.38%
Avg 2 year Forecast
$8.4B+3.71%
Avg 3 year Forecast
$9.0B+11.24%
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
9.07%
Industry
17.8%
Market
16.47%
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
2.84%
Industry
6.4%
Market
6.76%
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$73.40$74.28+1.20%Strong Buy
STM$38.37$62.00+61.58%Hold
MRVL$42.98$73.95+72.06%Strong Buy
GFS$67.61$69.50+2.80%Strong Buy
MCHP$75.67$84.05+11.08%Strong Buy

On Semiconductor Stock Forecast FAQ

Is On Semiconductor Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 20 Wall Street analysts covering (NASDAQ: ON) stock is to Strong Buy ON stock.

Out of 20 analysts, 14 (70%) are recommending ON as a Strong Buy, 2 (10%) are recommending ON as a Buy, 3 (15%) are recommending ON as a Hold, 1 (5%) 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 2022-2024?

(NASDAQ: ON) On Semiconductor's forecast annual earnings growth rate of 9.07% is not forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 17.8%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.47%.

On Semiconductor's earnings in 2022 is $1,723,800,000.On average, 12 Wall Street analysts forecast ON's earnings for 2022 to be $2,226,981,401, with the lowest ON earnings forecast at $2,205,360,222, and the highest ON earnings forecast at $2,326,438,823. On average, 12 Wall Street analysts forecast ON's earnings for 2023 to be $2,166,442,101, with the lowest ON earnings forecast at $1,898,339,485, and the highest ON earnings forecast at $2,369,681,180.

In 2024, ON is forecast to generate $2,335,087,294 in earnings, with the lowest earnings forecast at $2,136,172,451 and the highest earnings forecast at $2,711,295,803.

What is ON's revenue growth forecast for 2022-2024?

(NASDAQ: ON) On Semiconductor's forecast annual revenue growth rate of 2.84% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 6.4%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.76%.

On Semiconductor's revenue in 2022 is $8,068,700,000.On average, 10 Wall Street analysts forecast ON's revenue for 2022 to be $3,572,170,273,345, with the lowest ON revenue forecast at $3,554,669,658,922, and the highest ON revenue forecast at $3,581,764,455,159. On average, 10 Wall Street analysts forecast ON's revenue for 2023 to be $3,618,576,673,928, with the lowest ON revenue forecast at $3,376,981,623,693, and the highest ON revenue forecast at $3,802,936,140,041.

In 2024, ON is forecast to generate $3,881,329,777,167 in revenue, with the lowest revenue forecast at $3,634,381,323,098 and the highest revenue forecast at $4,173,704,760,003.

What is ON's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: ON) forecast ROA is 27.31%, which is higher than the forecast US Semiconductors industry average of 18.6%.

What is ON's Price Target?

According to 19 Wall Street analysts that have issued a 1 year ON price target, the average ON price target is $74.28, with the highest ON stock price forecast at $90.00 and the lowest ON stock price forecast at $62.00.

On average, Wall Street analysts predict that On Semiconductor's share price could reach $74.28 by Nov 16, 2023. The average On Semiconductor stock price prediction forecasts a potential upside of 1.2% from the current ON share price of $73.40.

What is ON's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: ON) On Semiconductor's current Earnings Per Share (EPS) is $3.98. On average, analysts forecast that ON's EPS will be $5.15 for 2022, with the lowest EPS forecast at $5.10, and the highest EPS forecast at $5.38. On average, analysts forecast that ON's EPS will be $5.01 for 2023, with the lowest EPS forecast at $4.39, and the highest EPS forecast at $5.48. In 2024, ON's EPS is forecast to hit $5.40 (min: $4.94, max: $6.27).

What is ON's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: ON) forecast ROE is 53.59%, which is considered strong.
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