What does a maintained Buy from Deutsche Bank and Needham mean for ON?

A maintained Buy means analysts keep a positive stance while adjusting valuation. Deutsche Bank and Needham raised price targets, signaling expected upside. It suggests confidence in ON’s revenue and margin outlook, but it does not guarantee stock gains.

How should I use the ON analyst rating in my decisions?

Use the ON analyst rating as one data point. Compare raised price targets to current price, review earnings trends, and consider Meyka’s B+ grade. Combine analyst guidance with your risk tolerance and time horizon.

Do the new price targets change ON’s risk profile?

Higher price targets imply better expected returns, but they do not lower company risk. Operational execution, macro demand, and supply-chain risks remain. Monitor earnings and volume for confirmation of analyst expectations.

Where can I read the analyst notes for these updates?

Deutsche Bank’s and Needham’s summaries are available via TheFly. See Deutsche Bank’s note [source](https://thefly.com/permalinks/entry.php/id4289443/8961286394/ON-On-Semi-price-target-raised-by--at-Deutsche-Bank-heres-why) and Needham’s note [source](https://thefly.com/permalinks/entry.php/id428934

Analyst Ratings

Maintained Buy: Deutsche Bank, Needham on ON Semiconductor Corporation (ON) Feb 2026

ByHuzaifa Zahoor February 11, 2026February 11, 2026

Deutsche Bank and Needham on February 10, 2026 maintained Buy on ON Semiconductor Corporation (ON) and raised price targets. This ON analyst rating keeps a bullish tilt while the stock traded lower that morning. Deutsche Bank lifted its target to $75 from $65, and Needham raised its target to $72 from $68. Both firms kept the Buy call, signaling continued confidence in ON’s market position and revenue mix.