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

Analyst price target for ON

Based on 19 analysts offering 12 month price targets for On Semiconductor Corp.
Min Forecast
$99.00+6.64%
Avg Forecast
$116.74+25.74%
Max Forecast
$135.00+45.41%

Should I buy or sell ON stock?

Based on 19 analysts offering ratings for On Semiconductor Corp.
Strong Buy
Strong Buy
13 analysts 68.42%
Buy
2 analysts 10.53%
Hold
4 analysts 21.05%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ON stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Top 7%
94
Strong BuyMaintains$106.00+14.17%2023-08-02
B. Riley Securities
Top 1%
100
Strong BuyMaintains$135.00+45.41%2023-08-01Find out why
Needham
Top 1%
100
BuyReiterates$120.00+29.25%2023-08-01
Morgan Stanley
Top 7%
94
HoldMaintains$116.00+24.95%2023-08-01
Stifel Nicolaus
Top 7%
94
HoldMaintains$105.00+13.10%2023-08-01
Truist Securities
Top 2%
99
Strong BuyMaintains$122.00+31.41%2023-08-01Find out why
Susquehanna
Top 3%
98
Strong BuyMaintains$130.00+40.03%2023-08-01Find out why
Baird
Top 18%
83
BuyMaintains$120.00+29.25%2023-08-01
Bank of America
Top 2%
99
Strong BuyMaintains$130.00+40.03%2023-08-01Find out why
Benchmark
Bottom 12%
12
Strong BuyMaintains$125.00+34.64%2023-08-01Find out why

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Forecast return on equity

Is ON forecast to generate an efficient return?
Company
N/A
Industry
4.05%
Market
28.66%

Forecast return on assets

Is ON forecast to generate an efficient return on assets?
Company
N/A
Industry
1.64%

ON earnings growth forecast

How is ON forecast to perform vs Semiconductors companies and vs the US market?
Company
12.82%
Industry
11.75%
Market
20.3%
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
6.57%
Industry
-0.74%
Market
8.17%
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$92.84$116.74+25.74%Strong Buy
STM$43.02$59.50+38.31%Strong Buy
MCHP$76.72$98.30+28.13%Buy
MRVL$52.94$70.95+34.02%Strong Buy
GFS$57.35$73.38+27.94%Strong Buy

On Semiconductor Stock Forecast FAQ

Is On Semiconductor Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 19 Wall Street analysts covering (NASDAQ: ON) stock is to Strong Buy ON stock.

Out of 19 analysts, 13 (68.42%) are recommending ON as a Strong Buy, 2 (10.53%) are recommending ON as a Buy, 4 (21.05%) 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 forecast return on equity (ROE) for 2023-2026?

(NASDAQ: ON) forecast ROE is N/A, which is considered weak.

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 $116.74, with the highest ON stock price forecast at $135.00 and the lowest ON stock price forecast at $99.00.

On average, Wall Street analysts predict that On Semiconductor's share price could reach $116.74 by Aug 2, 2024. The average On Semiconductor stock price prediction forecasts a potential upside of 25.74% from the current ON share price of $92.84.

What is ON's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: ON) forecast ROA is N/A, which is lower than the forecast US Semiconductors industry average of 1.64%.
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