Prediction: Why We See ON Semiconductor Hitting a New All-Time High This Year
onsemi (NASDAQ:ON | ON Price Prediction) has staged a remarkable comeback in the semiconductor sector this year, and our proprietary model says the rally has room to run.
ON - ON Semiconductor Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$94.25
DETAILS
HIGH:
$120.00
LOW:
$62.00
MEDIAN:
$97.50
CONSENSUS:
$94.25
DOWNSIDE:
18.89%
Stock News
Navitas vs onsemi: Which Stock Wins the AI Power Infrastructure Race?
onsemi looks like the clearer AI power-infrastructure buy as margins expand and data-center revenues jump, while Navitas stays small and unprofitable.
ON Gains Ground in China EV Market: What Does it Mean for Investors?
ON is gaining EV traction in China as its silicon carbide tech expands across new models and next-gen EV platforms.
ON Semiconductor Stock Soars 60% in 3 Months: Still a Smart Bet?
ON stock has surged nearly 60% in three months as AI data-center demand and automotive growth boost investor confidence.
Semiconductor Stocks Are Booming and It's Not Just AI
The semiconductor sector is on fire. The leading semiconductor Indexes and ETFs have surged to new highs, leading the powerful market move over the last six weeks.
onsemi is Facing a Continued Slowdown in SiC and Greater Competition in CIS from Sony
Chart 1.
Can ON's AI Data Center Momentum Drive a Multi-Year Growth Cycle?
ON's AI data center revenues surge 30% sequentially in Q1 as hyperscaler demand and next-gen power systems fuel growth expectations into 2026.
The Best Under-the-Radar AI Stocks to Buy in 2026
You know the biggest names in the space. But do you know which stocks are next in line to dish out industry-leading gains?
Can ON Sustain Its AI-Driven Revenue Rebound Through 2026?
ON Semiconductor's AI data-center revenues are surging, helping drive margin gains and stronger 2026 earnings expectations.
Best Momentum Stock to Buy for May 7th
WDC, CSTM and ON made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 7, 2026.
onsemi Announces Pricing of Private Offering of $1.3 Billion of 0% Convertible Senior Notes
SCOTTSDALE, Ariz., May 06, 2026 (GLOBE NEWSWIRE) -- ON Semiconductor Corporation (Nasdaq: ON) (“onsemi”) announced today the pricing of its private offering of $1.3 billion aggregate principal amount of 0% Convertible Senior Notes due 2031 (the “notes”) at an approximately 52.5% premium to the closing price of onsemi's common stock on May 6, 2026 of $105.77 per share.
ON Semiconductor: Overbought Ahead Of Slow Fundamental Recovery, Downgrade To Hold
While ON's AI data center revenue may double in 2026, it remains a small portion of total revenues, with top-line impact from new design wins expected mainly from 2027 onward. Their FQ1'26 performance and the FQ2'26 guidance appear to be underwhelming as well, with the recent rally occurring overly fast and furious. ON's anticipated AI-driven growth prospects have already been priced into the premium P/E of 35.1x, beyond historical means, while triggering a minimal margin of safety.
onsemi Announces Proposed Private Offering of $1.3 Billion of Convertible Senior Notes
SCOTTSDALE, Ariz., May 06, 2026 (GLOBE NEWSWIRE) -- ON Semiconductor Corporation (Nasdaq: ON) (“onsemi”) announced today that it intends to offer, subject to market and other conditions, $1.3 billion aggregate principal amount of Convertible Senior Notes due 2031 (the “notes”) in a private offering.
How Onsemi is trying to solve the power problem for AI data centers
Onsemi CEO and president Hassane El-Khoury discusses how Onsemi's silicon carbide chips address power demand in A.I. data centers on 'The Claman Countdown.
Onsemi CEO Hassane El-Khoury on 'panic buying' in the AI data center space
Hassane El-Khoury, CEO of Onsemi, joined CNBC's "Squawk on the Street" to discuss the demand for AI compute. Watch more in the related video.
ON Q1 Earnings Beat Estimates, Power-Driven Demand Aids Top Line
Onsemi beats Q1 earnings as power-led growth and an AI data center "inflection point" support margins, big buybacks and a stronger Q2 outlook.
Onsemi CEO Hassane El-Khoury on demand for compute
Hassane El-Khoury, CEO of Onsemi, joins 'Squawk on the Street' to discuss the demand for AI compute, technology themes, and more.
Onsemi reports earnings beat on AI data strength, improving industrial trends
Onsemi (NASDAQ:ON) reported stronger-than-expected first quarter results, supported by continued strength in AI data center demand and improving trends in industrial markets, alongside a gradual recovery in automotive. The semiconductor company posted adjusted earnings of $0.64 per share on revenue of $1.51 billion, compared with consensus estimates of $0.61 per share and $1.49 billion in revenue.
On Semiconductor Just Called the Bottom: KeyBanc Hikes Price Target to $125 as AI Datacenter Demand Doubles
A major analyst just made the bull case for ON Semiconductor (NASDAQ:ON | ON Price Prediction), and it wasn't alone.
onsemi Stock Dips After Earnings: Why the Dip Is Buyable
onsemi's NASDAQ: ON price action surged in April as signs of broad-based improvement in industrial semiconductor demand gripped the market. The move raises red flags, as its parabolic advance is unsustainable unless, of course, there are forces supporting it.
Price Targets
On Semi price target raised to $120 from $70 at Mizuho
$120.00
(was $104.00)
Mizuho Securities
On Semi price target raised to $120 from $100 at Susquehanna
$120.00
(was $102.04)
Susquehanna
On Semi initiated with an Equal Weight at Barclays
$75.00
(was $71.18)
Tom O'Malley
·
Barclays
On Semi upgraded to Neutral from Underperform at BNP Paribas
$62.00
(was $63.13)
David O'Connor
·
BNP Paribas
Benchmark Reiterates Buy Rating on ON Semiconductor (ON)
$60.00
(was $48.12)
David Williams
·
Williams Trading
ON Semiconductor (ON) PT Raised to $51 at Truist Securities
$51.00
(was $48.25)
William Stein
·
Truist Financial
ON Semiconductor (ON) PT Lowered to $64 at CFRA
$64.00
(was $50.46)
Angelo Zino
·
CFRA
On has 'modest room' to up Allegro bid, says Roth MKM
$60.00
(was $45.40)
Roth Capital
On Semiconductor price target lowered to $60 from $72 at Stifel
$60.00
(was $53.94)
Tore Svanberg
·
Stifel Nicolaus
Loop Capital Starts ON Semiconductor (ON) at Buy
$95.00
(was $69.96)
Gary Mobley
·
Loop Capital Markets
On Semiconductor price target raised to $75 from $70 at Baird
$75.00
(was $72.24)
Tristan Gerra
·
Robert W. Baird
ON Semiconductor (ON) PT Lowered to $100 at B.Riley
$100.00
(was $72.24)
Craig Ellis
·
B.Riley Financial
On Semiconductor price target raised to $64 from $63 at Morgan Stanley
$64.00
(was $72.24)
Joseph Moore
·
Morgan Stanley
ON Semiconductor (ON) PT Raised to $92 at Goldman Sachs
$92.00
(was $72.24)
Toshiya Hari
·
Goldman Sachs
On Semiconductor price target lowered to $89 from $97 at Truist
$89.00
(was $72.24)
William Stein
·
Truist Financial
ON Semiconductor (ON) PT Lowered to $85 at Mizuho
$85.00
(was $69.24)
Vijay Rakesh
·
Mizuho Securities
ON Semiconductor Manages Profitability Against Odds, 5 Analysts Raise Forecasts As 'Inventory Health Slowly Improves'
$75.00
(was $74.90)
Kevin Cassidy
·
Rosenblatt Securities
ON Semiconductor Manages Profitability Against Odds, 5 Analysts Raise Forecasts As 'Inventory Health Slowly Improves'
$90.00
(was $74.90)
David Williams
·
Williams Trading
ON Semiconductor (ON) PT Raised to $97 at Truist Securities
$97.00
(was $73.97)
William Stein
·
Truist Financial
ON Semiconductor (ON) PT Raised to $70 at Baird
$70.00
(was $78.27)
Tristan Gerra
·
Robert W. Baird