In recent developments, ON Semiconductor (ON, Financial) has garnered attention as Keybanc analyst John Vinh has raised the stock's price target. The new price target has been set at $65.00 USD, up from the previous target of $50.00 USD, reflecting a 30.00% increase. This adjustment comes as part of Keybanc's latest analysis dated July 8, 2025.
Despite this upward adjustment in the price target, ON's rating remains consistent, with Keybanc maintaining an "Overweight" rating for the stock. This continued confidence underscores the firm's positive outlook on ON Semiconductor (ON, Financial) and its potential for growth in the current market landscape.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 27 analysts, the average target price for ON Semiconductor Corp (ON, Financial) is $53.78 with a high estimate of $72.11 and a low estimate of $33.00. The average target implies an downside of 6.17% from the current price of $57.32. More detailed estimate data can be found on the ON Semiconductor Corp (ON) Forecast page.
Based on the consensus recommendation from 34 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 $59.07, suggesting a upside of 3.05% from the current price of $57.32. 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.