Rosenblatt Securities analyst Kevin Cassidy has maintained a 'Neutral' rating for ON Semiconductor (ON, Financial), reiterating the status quo for the stock's future outlook. This decision follows the review of ON Semiconductor's recent performance and market conditions.
Additionally, the analyst has decided to maintain the current price target for ON Semiconductor (ON, Financial) at $42.00 USD. This reflects no change from the previous price target set by the firm, suggesting a steady perspective on the company's stock valuation.
The announcement was made on May 6, 2025, and indicates that analyst Kevin Cassidy's outlook on ON Semiconductor (ON, Financial) remains consistent, with no significant adjustments to expectations or forecasts at this time.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 25 analysts, the average target price for ON Semiconductor Corp (ON, Financial) is $48.24 with a high estimate of $72.12 and a low estimate of $34.00. The average target implies an upside of 25.60% from the current price of $38.41. More detailed estimate data can be found on the ON Semiconductor Corp (ON) Forecast page.
Based on the consensus recommendation from 32 brokerage firms, ON Semiconductor Corp's (ON, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ON Semiconductor Corp (ON, Financial) in one year is $57.82, suggesting a upside of 50.53% from the current price of $38.41. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ON Semiconductor Corp (ON) Summary page.
