Truist Securities Raises ON Semiconductor Price Target to $101

Analyst: William Stein 1 min read Reproduced verbatim
Rating
Hold
Target
$101
from $66 (+53%)
Outcome
Reached
on May 7, 2026
Truist and ON Semiconductor logos

What the analyst said

Truist Securities analyst William Stein raised the price target on ON Semiconductor (NASDAQ: ON) to $101.00 (from $66.00) while maintaining a Hold rating.

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 $101 target is 9% above the median.

Since the note ON has moved −31% (from $102). 12-month window: day 182 of 365, closes on May 5, 2027.

Track record

This call✓ Target reached on May 7, 2026, 2 days after the note.

Firm track recordTruist: 78% of its 27 targets at least a year old were reached within 12 months (#17 of 26 firms). Accuracy ranking →

Earnings reactionOne of 14 notes after ON Semiconductor’s May 4 results: 14 raised · 0 cut · 0 kept. See every call →

Truist on ON Semiconductor

Truist price targets on ON Semiconductor

4 calls from February 10, 2026 to September 21, 2026. The target went from $66 to $75 (+14%). The rating stayed Hold.

Truist targetON share price
  1. September 21, 2026Target cut from $91 (−18%)Hold$75
  2. August 5, 2026Target cut from $101 (−10%)Hold$91
  3. May 5, 2026 This noteTarget raised from $66 (+53%)Hold$101
  4. February 10, 2026Earliest call shownHold$66
Share
Share on
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.