JPMorgan Raises ON Semiconductor Price Target to $70
- Rating
- Neutral
- Target
- $70
- from $56 (+25%)
- Outcome
- Reached
- on February 11, 2026
What the analyst said
JPMorgan analyst Harlan Sur raised the price target on ON Semiconductor (NASDAQ: ON) to $70.00 (from $56.00) while maintaining a Neutral rating.
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.
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Where the price stands
ON trades at $72.25. The 11 analysts who set a target in the last 3 months range from $75 to $120, with a median of $90. This $70 target is 22% below the median, the lowest on the Street.
Since the note ON has moved +11% (from $65.10). 12-month window: day 266 of 365, closes on February 10, 2027.
Track record
This call✓ Target reached on February 11, 2026, 1 day after the note.
Firm track recordJP Morgan: 63% of its 27 targets at least a year old were reached within 12 months (#23 of 26 firms). Accuracy ranking →
JP Morgan on ON Semiconductor
JP Morgan price targets on ON Semiconductor
2 calls from February 10, 2026 to May 5, 2026. The target went from $70 to $100 (+43%). The rating stayed Hold.
- May 5, 2026Target raised from $70 (+43%)Hold$100
- February 10, 2026 This noteEarliest call shownHold$70




