Recent Investment Analysts’ Ratings Changes for ON Semiconductor (ON)

Several brokerages have updated their recommendations and price targets on shares of ON Semiconductor (NASDAQ: ON) in the last few weeks:

• 2/12/2026 – ON Semiconductor is now covered by analysts at Barclays PLC. They set an “equal weight” rating and a $75.00 price target on the stock.
• 2/12/2026 – ON Semiconductor is now covered by analysts at Barclays PLC. They set an “equal weight” rating and a $75.00 price target on the stock.
• 2/10/2026 – ON Semiconductor had its “buy” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft.
• 2/10/2026 – ON Semiconductor had its “hold” rating reaffirmed by analysts at Craig Hallum.
• 2/10/2026 – ON Semiconductor had its “buy” rating reaffirmed by analysts at TD Cowen.
• 2/10/2026 – ON Semiconductor had its price target raised by analysts at Wells Fargo & Company from $70.00 to $72.00. They now have an “overweight” rating on the stock.
• 2/10/2026 – ON Semiconductor had its price target raised by analysts at Piper Sandler from $65.00 to $75.00. They now have an “overweight” rating on the stock.
• 2/10/2026 – ON Semiconductor had its price target raised by analysts at Citigroup Inc. from $66.00 to $68.00. They now have a “neutral” rating on the stock.
• 2/10/2026 – ON Semiconductor had its price target raised by analysts at JPMorgan Chase & Co. from $56.00 to $70.00. They now have a “neutral” rating on the stock.
• 2/10/2026 – ON Semiconductor had its “neutral” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $60.00 price target on the stock.
• 2/10/2026 – ON Semiconductor had its price target lowered by analysts at Mizuho from $72.00 to $70.00. They now have an “outperform” rating on the stock.
• 2/10/2026 – ON Semiconductor had its price target raised by analysts at KeyCorp from $65.00 to $75.00. They now have an “overweight” rating on the stock.
• 2/10/2026 – ON Semiconductor had its price target raised by analysts at Needham & Company LLC from $68.00 to $72.00. They now have a “buy” rating on the stock.
• 2/10/2026 – ON Semiconductor had its price target raised by analysts at Rosenblatt Securities from $50.00 to $60.00. They now have a “neutral” rating on the stock.
• 2/10/2026 – ON Semiconductor had its price target raised by analysts at Truist Financial Corporation from $57.00 to $66.00. They now have a “hold” rating on the stock.
• 2/10/2026 – ON Semiconductor was downgraded by analysts at Benchmark Co. from a “buy” rating to a “hold” rating.
• 2/2/2026 – ON Semiconductor had its “neutral” rating reaffirmed by analysts at UBS Group AG.
• 1/30/2026 – ON Semiconductor was downgraded by analysts at Weiss Ratings from a “hold (c-)” rating to a “sell (d+)” rating.
• 1/22/2026 – ON Semiconductor was upgraded by analysts at BNP Paribas Exane from a “strong sell” rating to a “hold” rating.
• 1/22/2026 – ON Semiconductor was given a new $62.00 price target on by analysts at BNP Paribas Exane. They now have a “neutral” rating on the stock.
• 1/21/2026 – ON Semiconductor had its price target raised by analysts at Bank of America Corporation from $60.00 to $65.00. They now have a “neutral” rating on the stock.
• 1/20/2026 – ON Semiconductor had its price target raised by analysts at B. Riley Financial, Inc. from $54.00 to $58.00. They now have a “neutral” rating on the stock.
• 1/16/2026 – ON Semiconductor had its price target raised by analysts at Stifel Nicolaus from $50.00 to $60.00. They now have a “hold” rating on the stock.
• 1/15/2026 – ON Semiconductor had its price target raised by analysts at Citigroup Inc. from $54.00 to $66.00. They now have a “neutral” rating on the stock.
• 1/15/2026 – ON Semiconductor had its price target raised by analysts at Wells Fargo & Company from $62.00 to $70.00. They now have an “overweight” rating on the stock.
• 1/7/2026 – ON Semiconductor had its “outperform” rating reaffirmed by analysts at Evercore Inc.
• 1/7/2026 – ON Semiconductor had its price target raised by analysts at Piper Sandler from $60.00 to $65.00. They now have an “overweight” rating on the stock.
• 12/29/2025 – ON Semiconductor had its “hold (c-)” rating reaffirmed by analysts at Weiss Ratings.
• 12/22/2025 – ON Semiconductor had its “hold (c-)” rating reaffirmed by analysts at Weiss Ratings.
• 12/19/2025 – ON Semiconductor had its price target raised by analysts at Truist Financial Corporation from $51.00 to $57.00. They now have a “hold” rating on the stock.

Insiders Place Their Bets

In other ON Semiconductor news, CFO Trent Thad sold 60,000 shares of the business’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $71.22, for a total transaction of $4,273,200.00. Following the transaction, the chief financial officer owned 339,460 shares of the company’s stock, valued at approximately $24,176,341.20. The trade was a 15.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Hassane El-Khoury sold 20,000 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $73.02, for a total transaction of $1,460,400.00. Following the completion of the sale, the chief executive officer owned 1,015,610 shares in the company, valued at approximately $74,159,842.20. This trade represents a 1.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 100,000 shares of company stock worth $6,834,600 over the last three months. Corporate insiders own 0.31% of the company’s stock.

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.