UBS ON Semiconductor · ON

UBS Reiterates Neutral on ON Semiconductor, $95 Price Target

Analyst: Timothy Arcuri 1 min read Reproduced verbatim
Rating
Neutral
Unchanged
Target
$95
Unchanged
Upside
+30%
ON at $73.12 today
UBS and ON Semiconductor logos

What the analyst said

UBS analyst Timothy Arcuri reiterated a Neutral rating and $95 price target on ON Semiconductor (NASDAQ: ON).

“ON made a solid argument for DD annual revenue growth, but the model was only just in-line w/our preview and we got the sense into the event that investors expected something above our previewed numbers.

ON maintained margin assumptions embedded in its prior model, but the demand environment has also improved significantly since that model was established (notably data center) so it’s hard to argue this is a win.

All in, there are pockets of excitement, but our estimates are unchanged, we remain Neutral, and we prefer other stocks in the analog complex.”

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 $73.12. The 11 analysts who set a target in the last 3 months range from $75 to $120, with a median of $90. This $95 target is 6% above the median.

Since the note ON has moved +10% (from $66.60). 12-month window: day 47 of 365, closes on September 17, 2027.

Track record

This callOpen: ON has not reached $95 yet. This 12-month target is scored on September 17, 2027.

Firm track recordUBS: 81% of its 52 targets at least a year old were reached within 12 months (#10 of 26 firms). Accuracy ranking →

UBS on ON Semiconductor

UBS price targets on ON Semiconductor

4 calls from February 2, 2026 to September 17, 2026. The target went from $70 to $95 (+36%). The rating stayed Hold.

UBS targetON share price
  1. September 17, 2026 This noteKept the $95 targetHold$95
  2. June 29, 2026Kept the $95 targetHold$95
  3. April 28, 2026Target raised from $70 (+36%)Hold$95
  4. February 2, 2026Earliest call shownHold$70
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Other analysts on ON Semiconductor

StoneXBuy Kept rating and price target Nov 3 $110maintained CantorHold Kept rating and price target Nov 3 $90maintained 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
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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.