On Semi price target raised to $58 from $54 at B. Riley

2 days ago 4

B. Riley raised the firm’s price target on On Semi (ON) to $58 from $54 and keeps a Neutral standing connected the shares. Global manufacturing PMIs stay adjacent 50%, with mean U.S. and China enlargement led by surging AI infrastructure, though geopolitical volatility persists, the expert tells investors successful a probe note. Consensus estimates for 4Q25 and 1Q26 could person a fractional upside bias if Auto and Industrial orders commencement to climb, the steadfast says.

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