ON Semiconductor Corporation Stock 12‑Month Price Target Cut to $99.33, Implies 42% Upside
ON Semiconductor's (ON) average price target dropped from $103.46 to $99.33, with estimates ranging from $75 to $139. This implies 42% upside from the Nov. 2 closing price. The consensus rating remains 'Buy' among 32 analysts, with 18 Buys and 14 Holds.
How this was made
The 30-second read
Why it matters
A price‑target reduction is a standard analyst‑driven catalyst that can influence short‑term trading decisions.
Market read
Analyst target cut provides a modest, actionable signal for traders monitoring ON Semiconductor.
What to watch
Recent supply‑chain improvements or product launches could offset the target reduction.
Background
The article aggregates analyst price‑target data from FactSet without additional commentary.
Ticker impact
Analyst consensus price target for ON Semiconductor was cut to $99.33 from $103.46, implying ~42% upside from the recent close.
potential downward pressure as the market prices in the lower target
Target revisions are a direct catalyst; the magnitude is modest and the upside estimate remains high, indicating mixed sentiment.
Market effects
May slightly dampen sentiment for the broader semiconductor sector.
Limited to U.S. markets where ON trades.
Minimal global impact.
Counterpoint
Despite the cut, the 42% upside still signals potential upside if the market overreacts.
Key entities
- companyON Semiconductor Corporation
U.S. semiconductor manufacturer (ticker ON).
