TD Cowen ON Semiconductor · ON

TD Cowen Raises ON Semiconductor Price Target to $70

Analyst: Joshua Buchalter 1 min read Reproduced verbatim
Rating
Unknown
Target
$70
from $60 (+17%)
Outcome
Reached
on February 11, 2026
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What the analyst said

TD Cowen analyst Joshua Buchalter raised the price target on ON Semiconductor (NASDAQ: ON) to $70.00 (from $60.00).

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

ON trades at $70.11. The 10 analysts who set a target in the last 3 months range from $58 to $120, with a median of $92.50. This $70 target is 24% below the median.

Since the note ON has moved +16% (from $60.28). 12-month window: day 290 of 365, closes on January 16, 2027.

Track record

This call✓ Target reached on February 11, 2026, 26 days after the note.

Firm track recordTD Cowen: 83% of its 35 targets at least a year old were reached within 12 months (#6 of 26 firms). Accuracy ranking →

TD Cowen on ON Semiconductor

TD Cowen price targets on ON Semiconductor

6 calls from January 16, 2026 to October 19, 2026. The target went from $70 to $75 (+7%). The rating moved from Buy to Hold.

TD Cowen targetON share price
  1. October 19, 2026Target cut from $95 (−21%)Hold$75
  2. July 13, 2026Target cut from $110 (−14%)Hold$95
  3. June 26, 2026Downgraded to Hold, target cut from $115 (−4%)Hold$110
  4. May 5, 2026Target raised from $80 (+44%)Buy$115
  5. April 10, 2026Target raised from $70 (+14%)$80
  6. January 16, 2026 This noteEarliest call shown$70
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Other analysts on ON Semiconductor

B RileyBuy Cut price target −17%, kept rating Oct 22 $105from $127 SusquehannaBuy Cut price target −20%, kept rating Oct 21 $120from $150 StoneXBuy Initiated coverage Oct 15 $110 StifelHold Raised price target +7%, kept rating Oct 5 $80from $75 StifelHold Kept rating and price target Oct 2 $75maintained
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.