ON Semiconductor's shares surged following a major acquisition announcement.
ON Semiconductor Corporation (NASDAQ:ON) is rising today, with shares up by 6.08% to close at CA$84.95. This uptick comes after a significant corporate development that has captured the attention of investors.
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ON Semiconductor Corporation
ON.US
ON.US
ON Semiconductor Corporation
WealthAwesomeMarket cap
$29.93B
P/E
50.9x
52W high
$134.92
52W low
$44.56
1W change
+9.47%
Beta
2.00
Analyst Price Targets
Based on 31 analysts covering ON · as of Sep 25, 2026
Wall Street analysts forecast ON stock price to rise 29.5% over the next 12 months.
Consensus
Buy3.97 / 5.00
Avg. Target
C$103.69
+29.5% Upside
Previously C$103.84 on Sep 21, 2026
Current Price
C$80.08
Last close
Analyst Breakdown (31 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ON's historical volatility
30-Day Vol
54.4%
Annualized
90-Day Vol
79.0%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$66.98
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$75.45 | C$62.53 – C$91.04 |
| 60 trading days | C$71.09 | C$54.51 – C$92.72 |
| 90 trading days | C$66.98 | C$48.38 – C$92.73 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: The acquisition of Synaptics for $123 per share in cash signals ON Semiconductor's aggressive growth strategy, potentially enhancing its market position and earnings.
6.08%
ON Semiconductor's stock has gained 6.08% today, reflecting strong market confidence following its acquisition announcement.
Bull case
The acquisition is expected to boost ON Semiconductor's non-GAAP EPS right away, which could lead to increased investor confidence and further stock appreciation.
Bear case
However, there are concerns about integration challenges and the financial implications of the cash acquisition, which could weigh on investor sentiment in the long run.
Acquisition Announcement
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ON Semiconductor announced it will acquire Synaptics for $123 per share, a deal valued at approximately $5.7 billion. This revised agreement replaces a prior all-stock deal and is expected to enhance ON's capabilities in the semiconductor market.
Market Reaction
The market reacted positively to the news, with ON Semiconductor's stock jumping over 6% in value. Investors are optimistic about the potential for increased earnings and market share as a result of this strategic acquisition.
Future Outlook
As ON Semiconductor moves forward with the acquisition, investors will be watching closely for updates on integration plans and financial performance. The deal is anticipated to close by mid-2027, and its impact on earnings will be a key focus.
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