Needham ON Semiconductor · ON

Needham Raises ON Semiconductor Price Target to $130

Analyst: N. Quinn Bolton 1 min read Reproduced verbatim
Rating
Buy
Target
$130
from $110 (+18%)
Upside
+85%
ON at $70.11 today
Needham and ON Semiconductor logos

What the analyst said

Needham analyst N.

Quinn Bolton raised the price target on ON Semiconductor (NASDAQ: ON) to $130.00 (from $110.00) while maintaining a Buy 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 $130 target is 41% above the median, the highest on the Street.

Since the note ON has moved −41% (from $119). 12-month window: day 129 of 365, closes on June 26, 2027.

Track record

This callOpen: ON has not reached $130 yet. This 12-month target is scored on June 26, 2027.

Firm track recordNeedham: 100% of its 6 targets at least a year old were reached within 12 months. Accuracy ranking →

Needham on ON Semiconductor

Needham price targets on ON Semiconductor

4 calls from February 10, 2026 to August 4, 2026. The target went from $72 to $116 (+61%). The rating stayed Buy.

Needham targetON share price
  1. August 4, 2026Target cut from $130 (−11%)Buy$116
  2. June 26, 2026 This noteTarget raised from $110 (+18%)Buy$130
  3. May 5, 2026Target raised from $72 (+53%)Buy$110
  4. February 10, 2026Earliest call shownBuy$72
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Other analysts on ON Semiconductor

B RileyBuy Cut price target −17%, kept rating Oct 22 $105from $127 SusquehannaBuy Cut price target −20%, kept rating Oct 21 $120from $150 TD CowenHold Cut price target −21%, kept rating Oct 19 $75from $95 StoneXBuy Initiated coverage Oct 15 $110 StifelHold Raised price target +7%, kept rating Oct 5 $80from $75
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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.