On Holding AG (ONON)
NYSE: ONON · IEX Real-Time Price · USD
37.19
+0.54 (1.47%)
At close: Jul 5, 2024, 4:00 PM
37.10
-0.09 (-0.24%)
After-hours: Jul 5, 2024, 7:57 PM EDT

On Holding AG Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for On Holding AG stock have an average target of 41.95, with a low estimate of 33 and a high estimate of 55. The average target predicts an increase of 12.80% from the current stock price of 37.19.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $33 $41.95 $41 $55
Change -11.27% +12.80% +10.24% +47.89%

Analyst Ratings

The average analyst rating for On Holding AG stock from 22 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 555777
Buy 91011111313
Hold 233222
Sell 110000
Strong Sell 111000
Total 182020202222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$41$47
Strong Buy Maintains $41$47 +26.38% Jul 3, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$40
Buy Maintains $40 +7.56% Jun 21, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$46
Strong Buy Maintains $46 +23.69% Jun 18, 2024
JP Morgan
JP Morgan
Buy
Maintains
$40$47
Buy Maintains $40$47 +26.38% Jun 17, 2024
Bernstein
Bernstein
Buy
Initiates
$50
Buy Initiates $50 +34.44% Jun 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.35B
from 1.79B
Increased by 31.24%
Revenue Next Year
2.98B
from 2.35B
Increased by 26.83%
EPS This Year
0.90
from 0.25
Increased by 258.70%
EPS Next Year
1.00
from 0.90
Increased by 11.97%
Year 2019202020212022202320242025202620272028
Revenue
267.12M425.30M724.60M1.22B1.79B2.35B2.98B3.69B4.41B5.12B
Revenue Growth
-59.22%70.37%68.66%46.64%31.24%26.83%23.63%19.44%16.32%
EPS
-0.01-0.10-0.590.180.250.901.001.311.822.23
EPS Growth
----38.89%258.70%11.97%30.32%38.80%22.72%
Forward PE
-----41.4737.0428.4220.4816.69
No. Analysts -----21201444
Financial currency is CHF. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.5B 3.2B 4.0B 4.7B 5.5B
Avg 2.4B 3.0B 3.7B 4.4B 5.1B
Low 2.2B 2.8B 3.3B 4.1B 4.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
39.8%
36.8%
33.8%
28.2%
25.5%
Avg
31.2%
26.8%
23.6%
19.4%
16.3%
Low
24.7%
18.3%
11.7%
9.8%
6.4%

EPS Forecast

EPS 20242025202620272028
High 1.14 1.23 1.64 2.04 2.55
Avg 0.90 1.00 1.31 1.82 2.23
Low 0.66 0.68 0.91 1.59 1.90

EPS Growth

EPS Growth 20242025202620272028
High
357.8%
37.0%
63.1%
56.0%
40.3%
Avg
258.7%
12.0%
30.3%
38.8%
22.7%
Low
162.6%
-24.6%
-9.2%
21.2%
4.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.