Cantor Fitzgerald Raises ON Semiconductor Price Target to $100

Analyst: Matthew Prisco 1 min read Reproduced verbatim
Rating
Neutral
Target
$100
from $95 (+5%)
Outcome
Reached
on June 26, 2026
Cantor and ON Semiconductor logos

What the analyst said

Cantor Fitzgerald analyst Matthew Prisco raised the price target on ON Semiconductor (NASDAQ: ON) to $100.00 (from $95.00) while maintaining a Neutral rating.

“Positives including cycle turning, DC revs doubling, and design wins ramping, though offset by Auto overexposure, margins expanding slower than hoped, DC revs still smaller rev contributor, and pressure relative to peers on biz exit – remains a torque trade for investors, but we see risk/reward balanced.”

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 $70.60. The 11 analysts who set a target in the last 3 months range from $75 to $120, with a median of $90. This $100 target is 11% above the median.

Since the note ON has moved −32% (from $104). 12-month window: day 175 of 365, closes on May 13, 2027.

Track record

This call✓ Target reached on June 26, 2026, 44 days after the note.

Firm track recordCantor: 80% of its 54 targets at least a year old were reached within 12 months (#12 of 26 firms). Accuracy ranking →

Cantor on ON Semiconductor

Cantor price targets on ON Semiconductor

8 calls from February 10, 2026 to August 4, 2026. The target went from $60 to $110 (+83%). The rating stayed Hold.

Cantor targetON share price
  1. August 4, 2026Kept the $110 targetHold$110
  2. July 31, 2026Kept the $110 targetHold$110
  3. July 8, 2026Kept the $110 targetHold$110
  4. June 29, 2026Target raised from $100 (+10%)Hold$110
  5. June 26, 2026Kept the $100 targetHold$100
  6. May 13, 2026 This noteTarget raised from $95 (+5%)Hold$100
  7. May 5, 2026Target raised from $60 (+58%)Hold$95
  8. February 10, 2026Earliest call shownHold$60
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.