Cantor ON Semiconductor · ON

Cantor Reiterates Neutral on ON Semiconductor, $110 Price Target

1 min read Reproduced verbatim
Rating
Neutral
Unchanged
Target
$110
Unchanged
Upside
+57%
ON at $70.11 today
Cantor and ON Semiconductor logos

What the analyst said

Cantor Fitzgerald analyst Matthew Prisco reiterated a Neutral rating and $110 price target on ON Semiconductor (NASDAQ: ON).

“Overall, we are left with some questions exiting the Q around the sizing and growth trajectory of the Data Center business, dynamics impacting ON’s Auto/Industrial biz vs peers today, and leverage to the model as we contemplate moving parts around GM/Opex.

The good news is that we are almost a month away from the company’s Analyst Day in NYC (Sept 16th), where we suspect many of our questions will be addressed.

But in the interim, we maintain our Neutral rating and $110 price target (based on our still intact vision to $6 in EPS in CY28) as we see better upside elsewhere today.”

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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 11 analysts who set a target in the last 3 months range from $75 to $120, with a median of $90. This $110 target is 22% above the median.

Since the note ON has moved −13% (from $80.40). 12-month window: day 91 of 365, closes on August 4, 2027.

Track record

This callOpen: ON has not reached $110 yet. This 12-month target is scored on June 29, 2027. Same target as this firm’s June 29, 2026 note, so it is scored there.

Firm track recordCantor: 79% of its 53 targets at least a year old were reached within 12 months (#11 of 26 firms). Accuracy ranking →

Earnings reactionOne of 8 notes after ON Semiconductor’s Aug 3 results: 1 raised · 6 cut · 1 kept. See every call →

Cantor on ON Semiconductor

Cantor price targets on ON Semiconductor

8 calls from May 13, 2026 to September 17, 2026. The target went from $100 to $90 (−10%). The rating stayed Hold.

Cantor targetON share price
  1. September 17, 2026Target cut from $110 (−18%)Hold$90
  2. September 9, 2026Kept the $110 targetHold$110
  3. August 4, 2026 This noteKept the $110 targetHold$110
  4. July 31, 2026Kept the $110 targetHold$110
  5. July 8, 2026Kept the $110 targetHold$110
  6. June 29, 2026Target raised from $100 (+10%)Hold$110
  7. June 26, 2026Kept the $100 targetHold$100
  8. May 13, 2026Earliest call shownHold$100
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Other analysts on ON Semiconductor

MizuhoBuy Cut price target −8%, kept rating Nov 3 $87from $95 TruistHold Raised price target +1%, kept rating Nov 3 $76from $75 NeedhamBuy Kept rating and price target Nov 3 $116maintained Wells FargoBuy Cut price target −10%, kept rating Nov 3 $90from $100 B RileyBuy Cut price target −8%, kept rating Nov 3 $97from $105
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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.