What the analyst said

Evercore ISI analyst Mark Lipacis raised the price target on ON Semiconductor (NASDAQ: ON) to $137.00 (from $121.00) while maintaining an Outperform rating.

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Where the price stands

ON trades at $63.01. The 11 analysts who set a target in the last 3 months range from $75 to $120, with a median of $90. This $137 target is 52% above the median, the highest on the Street.

Since the note ON has moved −47% (from $119). 12-month window: day 132 of 365, closes on June 26, 2027.

Track record

This callOpen: ON has not reached $137 yet. This 12-month target is scored on June 26, 2027.

Firm track recordEvercore: 88% of its 16 targets at least a year old were reached within 12 months (#3 of 26 firms). Accuracy ranking →

Evercore on ON Semiconductor

Evercore price targets on ON Semiconductor

3 calls from January 7, 2026 to June 26, 2026. The target went from $80 to $137 (+71%). The rating stayed Buy.

Evercore targetON share price
  1. June 26, 2026 This noteTarget raised from $121 (+13%)Buy$137
  2. May 5, 2026Target raised from $80 (+51%)Buy$121
  3. January 7, 2026Earliest call shownBuy$80
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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.