Stifel raises target for ON Semiconductor stock from USD 75.00 to USD 80.00
Published on 10/06/2026 at 12:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ON Semiconductor (ISIN US6821891057) stood at EUR 76.77 at Lang & Schwarz on October 6, 2026 at 12:12 p.m. CEST, EUR 0.03 above the prior close of EUR 76.74, or plus 0.04 percent. On October 5, 2026, MarketBeat reported that Stifel Nicolaus raised its price target from USD 75.00 to USD 80.00 while keeping a Hold rating.
Revised deal lowers the cost
According to FinanzNachrichten on October 1, 2026, onsemi amended its agreement to acquire Synaptics for USD 123.00 per share in cash. The revised transaction value is USD 5.7 billion, compared with USD 7.0 billion under the prior agreement, and the companies expect closing by mid-2027 subject to shareholder, regulatory and other customary approvals.
The amended structure removes equity consideration and uses cash on hand plus committed financing from Morgan Stanley. The release also cites more than USD 200 million in annual run-rate synergies from the earlier agreement, while additional revenue synergies and internal production are expected after the first 18 months following closing.
Second-quarter revenue rose 9.20 percent
MarketBeat reported adjusted earnings per share of USD 0.74 for the second quarter of 2026, above the USD 0.72 consensus estimate. Revenue reached USD 1.60 billion, up 9.20 percent from the second quarter of 2025 and above the USD 1.59 billion consensus estimate.
For the third quarter of 2026, management issued adjusted earnings-per-share guidance of USD 0.81 to USD 0.93. That range places the midpoint at USD 0.87, USD 0.13 above second-quarter adjusted earnings per share, while adjusted gross-margin guidance stands at 40.00 percent to 42.00 percent.
Analyst views remain divided
Stifel's USD 80.00 target is below the latest Lang & Schwarz euro quote, but the wider analyst picture is less cautious. MarketBeat says 15 analysts rate the stock Buy and 15 rate it Hold, with a consensus target of USD 95.56.
The next scheduled reporting date is November 2, 2026, according to Makkler. That date will put the third-quarter revenue range, adjusted earnings-per-share guidance and early evidence on the Synaptics strategy under scrutiny.
ON Semiconductor stock holds near EUR 77
ON Semiconductor stock was trading at EUR 76.77 at Lang & Schwarz on October 6, 2026 at 12:12 p.m. CEST, plus 0.04 percent versus the prior close of EUR 76.74. The company is listed on NASDAQ under ticker ON, and the Lang & Schwarz quote remains the relevant euro reference for this article.
The further course of trading is shown by the continuously updated real-time quote of ON Semiconductor stock.
ON Semiconductor stock at a glance
- Company: ON Semiconductor Corporation
- ISIN: US6821891057
- Ticker: ON
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 6, 2026, 12:12 p.m. CEST: EUR 76.77
- Change versus prior close: plus 0.04 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 76.74
- Market capitalization: USD 33.5 billion (as of October 5, 2026)
- 52-week range: USD 44.56-USD 134.92 (as of October 5, 2026)
- Sector / Industry: Technology / Semiconductors
- Index membership: S&P 500
- Next earnings date: November 2, 2026
