On June 18, 2025, Cantor Fitzgerald initiated coverage on ON Semiconductor (ON, Financial), assigning a 'Neutral' rating to the stock. This move marks the first coverage by the analyst firm on the company.
Cantor Fitzgerald analyst Matthew Prisco set a price target of $55.00 USD for ON Semiconductor. This target provides a specific valuation benchmark for investors, as the company navigates the dynamic semiconductor sector.
The initiation of coverage and the assigned price target will be important indicators for investors considering positioning in ON Semiconductor (ON, Financial). With no prior ratings or price targets from Cantor Fitzgerald, this announcement delivers fresh insights into the stock's current market standing.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for ON Semiconductor Corp (ON, Financial) is $49.97 with a high estimate of $72.11 and a low estimate of $33.00. The average target implies an downside of 6.33% from the current price of $53.35. More detailed estimate data can be found on the ON Semiconductor Corp (ON) Forecast page.
Based on the consensus recommendation from 33 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 $58.60, suggesting a upside of 9.85% from the current price of $53.345. 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.