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NASDAQ: ON
ON SEMICONDUCTOR CORP Stock Forecast, Predictions & Price Target

Buy ON

Analyst price target for ON

Based on 13 analysts offering 12 month price targets for ON SEMICONDUCTOR CORP.
Min Forecast
$46.00-13.16%
Avg Forecast
$68.39+29.1%
Max Forecast
$80.00+51.03%

Should I buy or sell ON stock?

Based on 14 analysts offering ratings for ON SEMICONDUCTOR CORP.
Buy
Strong Buy
8 analysts 57.14%
Buy
1 analysts 7.14%
Hold
4 analysts 28.57%
Sell
1 analysts 7.14%
Strong Sell
0 analysts 0%

ON stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 18%
83
HoldMaintains$56.00+5.72%2022-06-10
Wells Fargo
Top 25%
76
Strong BuyUpgrades$65.00+22.71%2022-05-12Find out why
Mizuho
Top 7%
94
Strong BuyMaintains$68.00+28.37%2022-05-03
Anonymous
Morgan Stanley
HoldMaintains$60.00+13.27%2022-05-02
Deutsche Bank
Top 19%
82
Strong BuyMaintains$70.00+32.15%2022-04-20
Truist Securities
Top 15%
86
Strong BuyMaintains$65.00+22.71%2022-04-08
Stifel Nicolaus
Top 4%
97
HoldMaintains$64.00+20.82%2022-02-08
Susquehanna
Top 6%
95
Strong BuyMaintains$75.00+41.59%2022-02-08
Credit Suisse
Top 26%
75
SellMaintains$62.00+17.05%2022-02-08
Rosenblatt
Top 5%
96
Strong BuyMaintains$80.00+51.03%2022-02-08

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Forecast return on equity

Is ON forecast to generate an efficient return?
Company
57.46%
Industry
35.88%
Market
32.18%
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
28.12%
Industry
20.36%
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
$4.91+46.13%
Avg 2 year Forecast
$4.93+46.73%
Avg 3 year Forecast
$5.19+54.46%
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
$8.0B+10.94%
Avg 2 year Forecast
$8.3B+14.84%
Avg 3 year Forecast
$8.7B+20.34%
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
14.8%
Industry
18.13%
Market
15.61%
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
6.18%
Industry
11.09%
Market
9.36%
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$52.97$68.39+29.10%Buy
GFS$45.89$79.81+73.91%Strong Buy
MPWR$419.41$560.29+33.59%Strong Buy
UMC$7.35N/AN/AStrong Buy
SWKS$98.03$158.85+62.04%Buy

ON SEMICONDUCTOR Stock Forecast FAQ

Is ON SEMICONDUCTOR Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NASDAQ: ON) stock is to Buy ON stock.

Out of 14 analysts, 8 (57.14%) are recommending ON as a Strong Buy, 1 (7.14%) are recommending ON as a Buy, 4 (28.57%) are recommending ON as a Hold, 1 (7.14%) are recommending ON as a Sell, and 0 (0%) are recommending ON as a Strong Sell.

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

(NASDAQ: ON) ON SEMICONDUCTOR's forecast annual earnings growth rate of 14.8% is not forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 18.13%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.61%.

ON SEMICONDUCTOR's earnings in 2022 is $1,449,900,000.On average, 12 Wall Street analysts forecast ON's earnings for 2022 to be $2,133,422,805, with the lowest ON earnings forecast at $2,085,627,182, and the highest ON earnings forecast at $2,224,668,995. On average, 12 Wall Street analysts forecast ON's earnings for 2023 to be $2,142,112,919, with the lowest ON earnings forecast at $1,864,029,294, and the highest ON earnings forecast at $2,320,260,240.

In 2024, ON is forecast to generate $2,255,084,391 in earnings, with the lowest earnings forecast at $1,937,895,257 and the highest earnings forecast at $2,567,928,468.

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

(NASDAQ: ON) ON SEMICONDUCTOR's forecast annual revenue growth rate of 6.18% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 11.09%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.36%.

ON SEMICONDUCTOR's revenue in 2022 is $7,203,100,000.On average, 10 Wall Street analysts forecast ON's revenue for 2022 to be $3,472,204,708,445, with the lowest ON revenue forecast at $3,414,471,506,496, and the highest ON revenue forecast at $3,498,053,015,831. On average, 10 Wall Street analysts forecast ON's revenue for 2023 to be $3,594,135,253,090, with the lowest ON revenue forecast at $3,323,851,005,421, and the highest ON revenue forecast at $3,716,022,781,675.

In 2024, ON is forecast to generate $3,766,308,122,054 in revenue, with the lowest revenue forecast at $3,491,552,811,112 and the highest revenue forecast at $4,021,532,403,443.

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

(NASDAQ: ON) forecast ROA is 28.12%, which is higher than the forecast US Semiconductors industry average of 20.36%.

What is ON's Price Target?

According to 13 Wall Street analysts that have issued a 1 year ON price target, the average ON price target is $68.39, with the highest ON stock price forecast at $80.00 and the lowest ON stock price forecast at $46.00.

On average, Wall Street analysts predict that ON SEMICONDUCTOR's share price could reach $68.39 by Jun 10, 2023. The average ON SEMICONDUCTOR stock price prediction forecasts a potential upside of 29.1% from the current ON share price of $52.97.

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

(NASDAQ: ON) ON SEMICONDUCTOR's current Earnings Per Share (EPS) is $3.36. On average, analysts forecast that ON's EPS will be $4.91 for 2022, with the lowest EPS forecast at $4.80, and the highest EPS forecast at $5.12. On average, analysts forecast that ON's EPS will be $4.93 for 2023, with the lowest EPS forecast at $4.29, and the highest EPS forecast at $5.34. In 2024, ON's EPS is forecast to hit $5.19 (min: $4.46, max: $5.91).

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

(NASDAQ: ON) forecast ROE is 57.46%, which is considered strong.
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