On Holding AG (ONON)

Currency in USD
32.22
+0.63(+1.99%)
Closed·
32.23+0.01(+0.03%)
·
ONON is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
31.2732.75
52 wk Range
30.1151.08
Key Statistics
Prev. Close
31.59
Open
31.5
Day's Range
31.27-32.75
52 wk Range
30.11-51.08
Volume
9.07M
Average Volume (3m)
5.89M
1-Year Change
-28.9369%
Book Value / Share
7.15
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
ONON Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
45.38
Upside
+40.84%
Members' Sentiments
Bearish
Bullish
ProTips
Impressive gross profit margins

On Holding AG News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Strong Buy
Moving Averages
Sell

Analyst Ratings

23 Buy
4 Hold
1 Sell
Ratings:
28 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 45.38
(+40.84% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
UBS
Buy73.00+126.57%83.00MaintainAug 12, 2026
Truist Securities
Buy40.00+24.15%48.00MaintainAug 12, 2026
Baird
Buy55.00+70.70%70.00MaintainAug 12, 2026
Barclays
Buy42.00+30.35%46.00MaintainAug 12, 2026
BofA Securities
Buy46.00+42.77%52.00MaintainAug 12, 2026

On Holding AG SWOT Analysis


Premium Performance
On Holding's innovative footwear technology drives 35% revenue growth and 60%+ gross margins, positioning it as a leader in the premium sportswear market
Global Expansion
Explore On Holding's strategic moves into new markets and product categories, including plans to double apparel sales and increase global market share
Financial Resilience
Delve into On Holding's strong financial health, with more cash than debt and an impressive Altman Z-Score of 9.09, indicating minimal financial distress risk
Market Challenges
Analysts project an average price target of $65.83, reflecting optimism tempered by potential tariff impacts and intensifying competition in the athletic footwear secto
Read full SWOT analysis

On Holding AG Earnings Call Summary for Q2/2026

  • On Holding Q2 net sales rose 21.6% at constant currency to CHF 850M; shares plunged 19% to $31.29 amid wholesale growth concerns.
  • Gross margin expanded to 65.4%, adjusted EBITDA margin hit 19.8%; DTC sales surged 34.3%, comprising 45.7% of total revenue.
  • Company raised FY26 gross margin guidance to 65%+ from 64.5%; maintained EBITDA margin outlook at 19.5-20% despite wholesale headwinds.
  • Management deliberately limited Americas wholesale sell-in to protect pricing; Q3 growth expected below Q4 as channel discipline continues.
  • Inventory rose 31% on volume growth and FX; company plans fastest-ever product rollout with Investor Day scheduled for September in Zurich.
Last Updated: 11/08/2026, 15:10
Read Full Transcript

Earnings

Latest Release
Aug 11, 2026
EPS / Forecast
0.35 / 0.30
Revenue / Forecast
850.3M / 912.84B
EPS Revisions
Last 90 days

ONON Income Statement

Compare ONON to Peers and Sector

Metrics to compare
ONON
Peers
Sector
Relationship
P/E Ratio
22.1x18.2x10.3x
PEG Ratio
0.110.170.02
Price/Book
4.6x3.8x1.4x
Price / LTM Sales
2.7x1.1x0.9x
Upside (Analyst Target)
30.0%46.9%26.3%
Fair Value Upside
Unlock28.4%12.0%Unlock

On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific. The company offers athletic footwear, apparel, and accessories for performance running, performance outdoor, performance all day, performance training, performance tennis, and young movers. It sells its products to athletes and active customers through wholesale and direct-to-consumer channels; run specialty, general sporting goods, outdoor, luxury, street fashion, and lifestyle retailers; owned retail stores; and e-commerce platforms. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.

Employees
3963

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
85.86M25.94%2.77B
Other Institutional Investors
119.05M35.97%3.84B
Public Companies & Retail Investors
126.08M38.09%4.06B
Total
331M100.00%10.66B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Morgan Stanley Investment Management Inc.5.42%17,925,962577,574
FMR LLC4.79%15,854,076510,818

People Also Watch

222.02
MRVL
-0.07%
1,063.25
GEV
+1.32%
119.55
LULU
-0.01%
1,641.11
SNDK
+7.39%
124.00
NOW
-2.55%

FAQ

What Is the On Holding (ONON) Stock Price Today?

The On Holding stock price today is 32.22 USD.

What Stock Exchange Does On Holding Trade On?

On Holding is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for On Holding?

The stock symbol for On Holding is "ONON."

What Is the On Holding (ONON) Afterhours Price Today? (Afterhours variable test: 32.23) Current Date: Aug 15, 2026

After hours price: 32.23. After hours price change (units): 0.01. Price change percentage: 0.03%

What Is the On Holding Market Cap?

As of today, On Holding market cap is 10.56B USD.

What Is On Holding's Earnings Per Share (TTM)?

The On Holding EPS (TTM) is 1.18.

When Is the Next On Holding Earnings Date?

On Holding will release its next earnings report on Nov 17, 2026.

From a Technical Analysis Perspective, Is ONON a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has On Holding Stock Split?

On Holding has split 0 times.

How Many Employees Does On Holding Have?

On Holding has 3963 employees.

What is the current trading status of On Holding (ONON)?

As of Aug 15, 2026, On Holding (ONON) is trading at a price of 32.22 USD, with a previous close of 31.59 USD. The stock has fluctuated within a day range of 31.27 USD to 32.75 USD, while its 52-week range spans from 30.11 USD to 51.08 USD.

What Is On Holding (ONON) Price Target According to Analysts?

The average 12-month price target for On Holding is 45.38 USD, with a high estimate of 72.9954146 USD and a low estimate of 19.94986689 USD. 23 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +40.84% Upside potential.

What Is the ONON Premarket Price?

ONON's last pre-market stock price is 31.68 USD. The pre-market share volume is 81,930.00, and the stock has decreased by 0.09, or 0.28%.

What Is the ONON After Hours Price?

ONON's last after hours stock price is 32.23 USD, the stock has decreased by 0.01, or 0.03%.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2026 - Fusion Media Limited. All Rights Reserved.