On Holding AG (ONON)

NYSE: ONON · Real-Time Price · USD
41.46
-1.91 (-4.40%)
At close: Mar 6, 2026, 4:00 PM EST
41.50
+0.04 (0.10%)
After-hours: Mar 6, 2026, 7:34 PM EST
Market Cap13.72B -17.7%
Revenue (ttm)3.80B +30.0%
Net Income256.89M -15.9%
EPS0.77 -17.4%
Shares Out 331.00M
PE Ratio53.88
Forward PE25.28
Dividendn/a
Ex-Dividend Daten/a
Volume5,489,759
Open42.40
Previous Close43.37
Day's Range41.39 - 43.25
52-Week Range34.38 - 61.29
Beta2.14
AnalystsStrong Buy
Price Target60.38 (+45.63%)
Earnings DateMar 3, 2026

About ONON

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 spe... [Read more]

IPO Date Sep 15, 2021
Employees 3,963
Stock Exchange NYSE
Ticker Symbol ONON
Full Company Profile

Financial Performance

In 2025, On Holding AG's revenue was 3.01 billion, an increase of 30.01% compared to the previous year's 2.32 billion. Earnings were 203.70 million, a decrease of -15.93%.

Financial numbers in CHF Financial Statements

Analyst Summary

According to 21 analysts, the average rating for ONON stock is "Strong Buy." The 12-month stock price target is $60.38, which is an increase of 45.63% from the latest price.

Price Target
$60.38
(45.63% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

On Holding: Don't Sweat The Soft Initial 2026 Outlook, Buy As Product Scope Expands

On Holding remains a buy despite a post-earnings dip and bearish sentiment, with shares down ~30% from last May's peak. ONON's FY26 guidance calls for at least 23% revenue growth and 18.5–19.0% adjust...

2 days ago - Seeking Alpha

On Holding Shares Slide Despite Q4 Beat, Weak 2026 Revenue Outlook Rattles Traders

On Holding (NYSE: ONON) shares fell Tuesday after the company reported fourth-quarter earnings, as disappointing revenue guidance overshadowed a headline beat amid a broader market sell-off.

3 days ago - Benzinga

On Holding AG (ONON) Q4 2025 Earnings Call Transcript

On Holding AG (ONON) Q4 2025 Earnings Call Transcript

3 days ago - Seeking Alpha

Tuesday's Earnings Movers: MDB 7-Month Lows, ONON Stumbles & AZO Lower

MongoDB (MDB) quickly reversed a months-long rally overnight, selling off 30% after disappointing guidance overshadowed an earnings beat. Diane King Hall takes investors through the report in the mids...

Other symbols: AZOMDB
3 days ago - Schwab Network

On Holding Posts Higher Profit, Sales; Outlook Underwhelms

On Holding said profit and sales climbed in the fourth quarter, but the running shoe maker's sales outlook for the current year underwhelmed investors.

3 days ago - WSJ

Swiss sneaker maker posts record sales, but guidance falls short of expectations

On reported record sales and improved profitability in 2025. Over the full year, sales surpassed 3 billion francs for the first time, the Swiss sneaker maker said.

3 days ago - CNBC

On Announces Fourth Quarter and Full Year Results, and the Filing of its Annual Report on Form 20-F for 2025

ZURICH, Switzerland--(BUSINESS WIRE)--On Announces Fourth Quarter and Full Year Results, and the Filing of its Annual Report on Form 20-F for 2025.

3 days ago - Business Wire

Baron Focused Growth Fund Q4 2025 Performance Insights: Portfolio Drivers & Decisions

Performance in the fourth quarter was led by our exposure to consumer-focused investments as the consumer remains resilient despite macro worries. Shares of FIGS increased 69.8% in the fourth quarter ...

Other symbols: DUOLFIGSGWREHIBKRJPM
15 days ago - Seeking Alpha

Baron Opportunity Fund Q4 2025 Portfolio Activity

We invest in secular growth and innovative businesses across all market capitalizations, with the bulk of the portfolio landing in the large-cap zone. We recently initiated a position in Axon Enterpri...

22 days ago - Seeking Alpha

On to Release Fourth Quarter and Full Year 2025 Results on Tuesday, March 3, 2026

ZURICH, Switzerland--(BUSINESS WIRE)--On to Release Fourth Quarter and Full Year 2025 Results on Tuesday, March 3, 2026.

24 days ago - Business Wire

James Anderson Provides Update on Holdings of MyndTec Inc.

Detroit, Michigan--(Newsfile Corp. - February 5, 2026) - James Anderson (the "Investor") announces update to his ownership of common shares in the capital of MyndTec Inc. (the "Issuer") (the "Common S...

4 weeks ago - Newsfile Corp

On Announces Appointment of New Chief Financial Officer

ZURICH, Switzerland--(BUSINESS WIRE)--On Announces Appointment of New Chief Financial Officer.

5 weeks ago - Business Wire

On Holding: Running Like Swiss Clockwork

On Holding demonstrates robust growth across regions and categories, gaining market share against Nike despite currency headwinds. ONON's gross margin exceeds 62%, operating margin is 12%, and free ca...

7 weeks ago - Seeking Alpha

On Holding AG (ONON) Presents at ICR Conference 2026 Transcript

On Holding AG (ONON) Presents at ICR Conference 2026 Transcript

7 weeks ago - Seeking Alpha

Max Stock Limited releases an immediate report on holdings of interested parties and senior officers as of December 31, 2025

Regulations 33(c)-(d) of the Securities Regulations (Periodic and Immediate Reports), 1970 CAESAREA, Israel, Jan. 8, 2026 /PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company") today announced...

2 months ago - PRNewsWire

On to Participate in Fireside Chat at the 2026 ICR Conference

ZURICH--(BUSINESS WIRE)--On to Participate in Fireside Chat at the 2026 ICR Conference.

2 months ago - Business Wire

Trade Tracker: Jim Lebenthal buys more On Holding

Jim Lebenthal, Chief Equity Strategist at Cerity Partners, joins CNBC's "Halftime Report" to explain why he's buying more On Holding.

2 months ago - CNBC Television

Trade Tracker: Bryn Talkington buys Nike and On Holding

Bryn Talkington, managing partner at Requisite Capital Management, joins CNBC's 'Halftime Report' to detail her latest retail buys.

Other symbols: NKE
2 months ago - CNBC Television

Technical Tuesday: SPX, AVGO, ONON

@CharlesSchwab's Kevin Horner looks at today's technical trends. He discusses the S&P 500 (SPX), Broadcom (AVGO), and On Holding (ONON).

Other symbols: AVGO
2 months ago - Schwab Network

Calls of the Day: Leidos, Boeing, Lockheed Martin, QXO, On Holding, Spotify and Chevron

The Investment Committee debate the latest Calls of the Day.

Other symbols: BACVXLDOSLMTQXOSPOT
3 months ago - CNBC Television

On Holding: Strong Momentum, Rising Visibility, And Attractive Risk-Reward

On Holding's Q3 strength reinforces the growth story. On delivered a clear beat across sales, gross margin, and EBITDA. Updated guidance, structural margin improvements, and strong DTC traction suppor...

3 months ago - Seeking Alpha

On Holding: This Growth Star Is Now Trading On The Clearance Rack

On Holding stands out as a top pick among small- and mid-cap growth stocks for 2026, despite a 25% share price correction. ONON continues to deliver >30% revenue growth, expanding market share in Asia...

3 months ago - Seeking Alpha

This Sneaker Brand Keeps Raising Prices—and Consumers Don't Seem to Care

First, the Swiss company On outpaced Nike. Now it's betting it can beat tariffs, too

3 months ago - WSJ

On Holding Q3: Running On All Cylinders (Rating Upgrade)

On Holding AG reported strong Q3 sales growth, accompanied by a 2025 guidance raise. Growth wasn't slowed down by industry turbulence. The On brand continues to gain market share across all major mark...

4 months ago - Seeking Alpha

These Analysts Boost Their Forecasts On On Holding Following Upbeat Q3 Earnings

On Holding (NYSE: ONON) reported upbeat third-quarter earnings and issued FY2025 sales guidance above expectations on Wednesday.

4 months ago - Benzinga