Bearish Price Targets Hit ON Semiconductor, Moelis, and Origin Bancorp Amid Valuation Concerns

Wall Street analysts have issued sobering price targets for ON Semiconductor, Moelis & Company, and Origin Bancorp as of June 5, 2026, signaling rare skepticism in an industry that often shies away from starkly negative calls. ON Semiconductor (NASDAQ:ON) faces the steepest implied downside. Its consensus price target of $105.45 represents a 17.9% drop from the current $128.50 share price, which trades at a forward price-to-earnings ratio of 39.7. Moelis & Company (NYSE:MC), the independent investment bank, has a $71 target, offering just 2.5% upside from $69.25. Origin Bancorp (NYSE:OBK), trading at $48.09, carries a $52 target—a modest 8.1% implied gain—while its price-to-book ratio sits at 1.1.