Mizuho ON Semiconductor · ON

Mizuho Lowers ON Semiconductor Price Target to $87

Analyst: Vijay Rakesh 1 min read Reproduced verbatim
Rating
Outperform
Target
$87
from $95 (−8%)
Upside
+20%
ON at $72.43 today
Mizuho and ON Semiconductor logos

What the analyst said

Mizuho analyst Vijay Rakesh lowered the price target on ON Semiconductor (NASDAQ: ON) to $87 (from $95) while maintaining an Outperform 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 $72.43. The 11 analysts who set a target in the last 3 months range from $75 to $120, with a median of $90. This $87 target is 3% below the median.

12-month window: day 0 of 365, closes on November 3, 2027.

Track record

This callOpen: a 12-month target, scored on November 3, 2027, a year after the note.

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 May 5, 2026 to November 3, 2026. The target went from $120 to $87 (−28%). The rating stayed Buy.

Mizuho targetON share price
  1. November 3, 2026 This noteTarget cut from $95 (−8%)Buy$87
  2. September 17, 2026Target cut from $110 (−14%)Buy$95
  3. August 4, 2026Target cut from $125 (−12%)Buy$110
  4. July 1, 2026Target cut from $150 (−17%)Buy$125
  5. June 26, 2026Kept the $150 targetBuy$150
  6. May 27, 2026Target raised from $130 (+15%)Buy$150
  7. May 19, 2026Target raised from $120 (+8%)Buy$130
  8. May 5, 2026Earliest call shownBuy$120
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Other analysts on ON Semiconductor

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 B RileyBuy Cut price target −17%, kept rating Oct 22 $105from $127
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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.