Mizuho Lowers ON Semiconductor Price Target to $125

Analyst: Vijay Rakesh 1 min read Reproduced verbatim
Rating
Outperform
Target
$125
from $150 (−17%)
Upside
+72%
ON at $72.48 today
Mizuho and ON Semiconductor logos

What the analyst said

Mizuho analyst Vijay Rakesh lowered the price target on ON Semiconductor (NASDAQ: ON) to $125.00 (from $150.00) while maintaining an Outperform rating.

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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 $72.48. The 11 analysts who set a target in the last 3 months range from $75 to $120, with a median of $90. This $125 target is 39% above the median, the highest on the Street.

Since the note ON has moved −23% (from $94.54). 12-month window: day 125 of 365, closes on July 1, 2027.

Track record

This callOpen: ON has not reached $125 yet. This 12-month target is scored on July 1, 2027.

Firm track recordMizuho: 88% of its 68 targets at least a year old were reached within 12 months (#2 of 26 firms). Accuracy ranking →

Mizuho on ON Semiconductor

Mizuho price targets on ON Semiconductor

8 calls from February 10, 2026 to September 17, 2026. The target went from $70 to $95 (+36%). The rating stayed Buy.

Mizuho targetON share price
  1. September 17, 2026Target cut from $110 (−14%)Buy$95
  2. August 4, 2026Target cut from $125 (−12%)Buy$110
  3. July 1, 2026 This noteTarget cut from $150 (−17%)Buy$125
  4. June 26, 2026Kept the $150 targetBuy$150
  5. May 27, 2026Target raised from $130 (+15%)Buy$150
  6. May 19, 2026Target raised from $120 (+8%)Buy$130
  7. May 5, 2026Target raised from $70 (+71%)Buy$120
  8. February 10, 2026Earliest call shownBuy$70
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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.