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ON Semiconductor Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga Earnings08-03 20:58

ON Semiconductor Corporation (NASDAQ:ON) will release its second quarter earnings report after the closing bell on Monday, Aug. 3.

Analysts expect the Scottsdale, Arizona-based company to report quarterly earnings of 72 cents per share, up from 53 cents per share in the year-ago period. The consensus estimate for ON Semiconductor’s quarterly revenue is $1.59 billion. It reported $1.47 billion last year, according to Benzinga Pro.

On June 25, ON Semiconductor announced plans to acquire Synaptics (NASDAQ:SYNA).

ON Semiconductor shares fell 2.5% to close at $81.61 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Wells Fargo analyst Joe Quatrochi maintained an Overweight rating and cut the price target from $140 to $130 on July 20, 2026. This analyst has an accuracy rate of 71%.
  • TD Cowen analyst Joshua Buchalter maintained a Hold rating and slashed the price target from $110 to $95 on July 13, 2026. This analyst has an accuracy rate of 52%.
  • Susquehanna analyst Christopher Rolland maintained a Positive rating and increased the price target from $140 to $150 on July 9, 2026. This analyst has an accuracy rate of 81%.
  • Mizuho analyst Vijay Rakesh maintained an Outperform rating and cut the price target from $150 to $125 on July 1, 2026. This analyst has an accuracy rate of 83%.
  • Cantor Fitzgerald analyst C.J. Muse maintained a Neutral rating and raised the price target from $100 to $110 on June 29, 2026. This analyst has an accuracy rate of 81%.

Considering buying ON stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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