Susquehanna Lowers ON Semiconductor Price Target to $120

October 21, 2026 Analyst: Christopher Rolland 1 min read Reproduced verbatim
Rating
Buy
Target
$120
from $150 (−20%)
Upside
+56%
ON at $76.94 today
Susquehanna and ON Semiconductor logos

What the analyst said

Susquehanna analyst Christopher Rolland lowered the price target on ON Semiconductor (NASDAQ: ON) to $120 (from $150) while maintaining a Positive 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 $76.94. The 12 analysts who set a target in the last 3 months range from $58 to $127, with a median of $95. This $120 target is 26% above the median.

12-month window: day 0 of 365, closes on October 21, 2027.

Track record

This callOpen: a 12-month target, scored on October 21, 2027, a year after the note.

Firm track recordSusquehanna: 100% of its 3 targets at least a year old were reached within 12 months. Accuracy ranking →

Susquehanna on ON Semiconductor

Susquehanna price targets on ON Semiconductor

3 calls from June 26, 2026 to October 21, 2026. The target went from $140 to $120 (−14%). The rating stayed Buy.

Susquehanna targetON share price
  1. October 21, 2026 This noteTarget cut from $150 (−20%)Buy$120
  2. July 9, 2026Target raised from $140 (+7%)Buy$150
  3. June 26, 2026Earliest call shownBuy$140
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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.