Evercore ISI Raises ON Semiconductor Price Target to $137
- Rating
- Outperform
- Target
- $137
- from $121 (+13%)
- Upside
- +117%
- ON at $63.01 today
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.
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 $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.
- June 26, 2026 This noteTarget raised from $121 (+13%)Buy$137
- May 5, 2026Target raised from $80 (+51%)Buy$121
- January 7, 2026Earliest call shownBuy$80




