ON Semiconductor Stock - Weekly outlook after Wells Fargo target hike

Edited by ad hoc news Earnings & Calendar Desk. Verified prior to publication on 06/22/2026, 03:41 CET. Details in the imprint.

ON Semiconductor (US6821891035) enters the new trading week with investors still digesting a recent price-target increase from Wells Fargo and looking ahead to the next earnings date. The weekly outlook for the stock is framed by persistent AI, automotive and power-management demand themes.

What the week may bring

ON Semiconductor stock starts the week with a fresh analyst backdrop after Wells Fargo recently lifted its price target from $115 to $140 while reiterating an Overweight rating, citing structural demand for power and analog chips in AI and electric vehicles.

The coming days are likely to be driven less by company-specific events and more by macro catalysts, sector earnings from other chipmakers and any new commentary on AI infrastructure spending or electric-vehicle production plans from major automakers.

Next earnings and calendar focus

The next quarterly earnings date for ON Semiconductor is not yet firmly fixed in the public calendars, but based on the company’s usual reporting cadence it is expected around late July or early August, keeping investors focused on revenue trends in automotive and industrial end markets.

Between now and the next earnings release, investors will monitor industry conferences, macro data and peer results for clues on pricing, utilization and inventory, all of which can influence expectations ahead of ON Semiconductor’s next set of numbers.

How ON Semiconductor makes money

ON Semiconductor generates most of its revenue from power, analog and intelligent-sensing semiconductors that go into automotive systems, industrial automation, energy infrastructure, cloud data centers and consumer devices, with key growth drivers in electric vehicles and power-efficient AI hardware.

Where the stock trades today

ON Semiconductor shares (US6821891035) trade on Nasdaq; the latest verified price data point before publication was not available with a precise timestamp, so only the listing venue can be stated here.

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.