Wells Fargo ON Semiconductor · ON

Wells Fargo Lowers ON Semiconductor Price Target to $110

Analyst: Joe Quatrochi 1 min read Reproduced verbatim
Rating
Overweight
Target
$110
from $130 (−15%)
Upside
+57%
ON at $70.11 today
Wells Fargo and ON Semiconductor logos

What the analyst said

Wells Fargo analyst Joe Quatrochi lowered the price target on ON Semiconductor (NASDAQ: ON) to $110 (from $130) while maintaining an Overweight 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 12 analysts who set a target in the last 3 months range from $58 to $120, with a median of $95. This $110 target is 16% above the median.

Since the note ON has moved −13% (from $80.40). 12-month window: day 90 of 365, closes on August 4, 2027.

Track record

This callOpen: ON has not reached $110 yet. This 12-month target is scored on August 4, 2027.

Firm track recordWells Fargo: 65% of its 34 targets at least a year old were reached within 12 months (#22 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 →

Wells Fargo on ON Semiconductor

Wells Fargo price targets on ON Semiconductor

8 calls from January 23, 2026 to September 17, 2026. The target went from $70 to $58 (−17%). The rating stayed Buy.

Wells Fargo targetON share price
  1. September 17, 2026Target cut from $95 (−39%)Buy$58
  2. September 3, 2026Target cut from $110 (−14%)Buy$95
  3. August 4, 2026 This noteTarget cut from $130 (−15%)Buy$110
  4. July 20, 2026Target cut from $140 (−7%)Buy$130
  5. June 9, 2026Target raised from $115 (+22%)Buy$140
  6. May 5, 2026Target raised from $72 (+60%)Buy$115
  7. February 10, 2026Target raised from $70 (+3%)Buy$72
  8. January 23, 2026Earliest call shownBuy$70
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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.