Here's what their price targets tell us about where this stock could be headed.
Seventeen analysts tracked this company over the past three months. Eight said buy. Nine said hold. Zero said sell.
That's a "Moderate Buy" rating.
Not a screaming endorsement, but not cold feet either.
The Numbers That Matter
Key Financial Metrics:
YTD Return: -23.19%
Market Cap: $19.49B
P/E Ratio: 63.20
The average price target sits at $59. $ON ( 0.0% ) closed at $48.54 last time it traded.
Do the math. That's about 21% upside if these analysts are right.
But here's the thing. That $59 average hides a pretty big spread.
The highest target? $80. The lowest? $50.
That range tells you something important: even the pros can't agree on where this is headed.
Business Model
Think of them as the company who makes electronics smart and efficient. They work in three main areas.
First, power management. The chips that keep your devices from overheating or draining batteries too fast.
Second, analog circuits. The technology that processes signals and manages power in nearly everything electronic.
Third, intelligent sensing. Image sensors and detectors that help devices "see" and measure light. Your phone's camera uses this kind of tech.
Right now, they're betting big on EVs and AI data centers. That silicon carbide technology they're using? It's specialized stuff that handles the unique demands of EVs.
And it's working. They just beat earnings estimates for Q3 2025, powered partly by AI demand.
The Reality Check
Last year wasn't pretty. Revenue hit $7.08 billion, down 14% from the year before. Net income dropped 28% to $1.57 billion.
Those are real declines. Not just a slowdown, but actual drops.
For next quarter, analysts expect EPS of $0.62 and sales around $1.53 billion. The company's market cap sits at $19.49 billion, putting it solidly in large-cap territory.
$ON trading in the middle of its 52-week range ($31 to $74).
It shows just how much volatility this stock has seen.
What This Means
Nobody's panicking about ON Semiconductor. Zero sell ratings means analysts aren't running for the exits.
But nobody's pounding the table either. More holds than buys suggests caution, not excitement.
The company's positioned in growth markets. EVs aren't going away. AI data centers keep expanding. That's the bull case.
The bear case? Those revenue declines are real. And semiconductor stocks can be brutally cyclical.
Before you buy anything, check your own situation first.
Can you handle the swings? Does this fit your timeline? Do you understand what you're buying?
These analyst targets are educated guesses, not guarantees.
They help you see how the pros think. Your money, your call.
Disclaimer: This analysis is for educational purposes only and should not be considered investment advice. Always do your own research before making investment decisions.
Trader Insights Media tracks thousands of companies every week using rigorous financial analysis.
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