Cantor ON Semiconductor · ON

Cantor Fitzgerald Maintains Neutral on ON Semiconductor, $90 Price Target

Analyst: Matthew Prisco 1 min read Reproduced verbatim
Rating
Neutral
Unchanged
Target
$90
Unchanged
Upside
+22%
ON at $73.94 today
Cantor and ON Semiconductor logos

What the analyst said

Cantor Fitzgerald analyst Matthew Prisco reiterated a Neutral rating and $90 price target on ON Semiconductor (NASDAQ: ON).

“ON posted a modest beat and raise – not quite enough for those looking for true torque, with 4Q revs guided LSD% above seasonal and GMs guided “only” 40bps above consensus.

As for the positives, AI DC and Industrial demand (both AI halo and broad-based) were cited as coming in much stronger-than-expected – and the breakout of AI DC into quarterly segments is a welcomed addition…While we continue to see cleaner upside elsewhere on a relative basis, which leads to reiteration of our Neutral rating, we do believe there is opportunity here at current levels, with upside to our $90 price target as we remain bulls on Analog positioning today.”

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 $73.94. The 11 analysts who set a target in the last 3 months range from $75 to $120, with a median of $90. This $90 target is in line with the median.

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

Track record

This callOpen: ON has not reached $90 yet. This 12-month target is scored on September 17, 2027. Same target as this firm’s September 17, 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 →

Cantor on ON Semiconductor

Cantor price targets on ON Semiconductor

8 calls from June 26, 2026 to November 3, 2026. The target went from $100 to $90 (−10%). The rating stayed Hold.

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

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