On Holding AG (ONON)
| Market Cap | 10.09B -29.1% |
| Revenue (ttm) | 3.99B +18.5% |
| Net Income | 490.35M +191.5% |
| EPS | 1.47 +188.8% |
| Shares Out | 334.21M |
| PE Ratio | 20.61 |
| Forward PE | 16.46 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 11,815,782 |
| Open | 29.94 |
| Previous Close | 29.61 |
| Day's Range | 29.56 - 30.35 |
| 52-Week Range | 26.37 - 51.08 |
| Beta | 2.08 |
| Analysts | Buy |
| Price Target | 43.24 (+43.18%) |
| Est. Earnings | Nov 11, 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]
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 StatementsAnalyst Summary
According to 31 analysts, the average rating for ONON stock is "Buy." The 12-month stock price target is $43.24, which is an increase of 43.18% from the latest price.
News
On Holding stock gains 8% as sportswear maker targets 2029 growth
On Holding stock ONON rose 8% on Tuesday after the Swiss sportswear company authorised its first share buyback, worth up to $1 billion through the end of 2029, and unveiled long-term financial targets...
On Holding AG Transcript: Investor Day 2026
A bold 2029 roadmap targets $7B in revenue, >65% gross margin, and >22% EBITDA margin, driven by disruptive innovation, expansion into new sports like football and golf, and a premium, consumer-centric playbook. Retail will double, apparel will triple, and a $1B share buyback is planned.
On Holding AG Press release: FY 2026
On Holding AG issued a press release on September 22, 2026, disclosing material business information to investors.
On Holding signs Kylian Mbappé in a 10-year partnership
Real Madrid and France striker Kylian Mbappé has ended his 20-year partnership with Nike to become the face of Swiss sportswear brand On's push into football. The company announced that it will work w...
Switzerland's On Holding plans $1 bln buyback through 2029, sets long-term targets
On Holding has authorised a share repurchase programme of up to $1 billion through the end of 2029, the Swiss sportswear brand said on Tuesday, as it announced long-term financial targets, betting o...
Mbappe boosts On's brand visibility, but hurdles to soccer success remain
On Holding made a splashy entry into soccer on Friday by signing French star Kylian Mbappe, a move that raised the Swiss running shoe brand's profile as it pushes into the sport.
Kylian Mbappé leaves Nike to join Swiss sportswear giant On
French soccer star Kylian Mbappé has ended his long-term partnership with Nike to join Swiss sportswear giant On.
On Holdings New Partner; Netflix Analyst Downgrade | Stock Movers
On this episode of Stock Movers: - On Holding (ONON) is higher after it signed Kylian Mbappé as a partner in developing football products and representing the brand. The move marks On mounting a bold ...
Soccer Star Mbappé Leaves Nike to Sign With On
French soccer superstar Kylian Mbappé is leaving Nike to sign with Swiss sneaker company On. The 27-year-old striker is the World Cup's all-time goal leader.
On Holding Stock Jumps as Swiss Sneaker Company ‘Enters Football' With Mbappé, Henry
On Holding stock has struggled mightily this year. The company scored a win Friday—though it's yet to revive the shares.
Soccer Star Mbappé Chooses On Holding Over Nike, Sending Stocks in Opposite Directions
On Holding stock rises while Nike stock declines as Kylian Mbappé joins the Swiss footwear and sports apparel company.
Mbappe leaves Nike, signs with On as Swiss sportswear maker forays into soccer
French soccer star Kylian Mbappe has ended a two-decade partnership with Nike to join fast-growing Swiss sportswear brand On, giving the Roger Federer-backed company a marquee name for its push into s...
On Holding's Aversion to Discounting Faces Test; America's Bleak Debt Picture
Good morning. Sportswear company On Holding has a long-standing practice of avoiding discounts for its shoes and apparel, which are popular with fashionable consumers (including my wife) and athletes ...
On Holding's Aversion to Discounting Tested by Softer Retail Sales
The premium sportswear company's long-held stance of no discounts is up against a more promotional retail environment.
Why a Premium Sneaker Brand Just Throttled Wholesale Growth
The Swiss maker of On sneakers says it is so committed to building higher-margin, direct-to-consumer sales that it intentionally limited some wholesale shipments during its latest quarter.
On shares tumble 19% after sportswear brand misses quarterly net sales estimates
On Holding's quarterly revenue fell short of Wall Street expectations, triggering a sharp sell-off in its shares, as higher US tariff costs and cautious consumer spending weighed on the premium sports...
On Holding AG Earnings Call Transcript: Q2 2026
Q2 net sales grew 21.6% at constant currency, led by 34% DTC growth and a 65.4% gross margin. Full-year guidance calls for low 20s percent sales growth, at least 65% gross margin, and 19.5%-20% adjusted EBITDA margin, with disciplined wholesale management and strong global expansion.
On Holding AG Earnings release: Q2 2026
On Holding AG released its Q2 2026 earnings on August 11, 2026, summarizing the period's financial results.
On Holding Tempers Outlook as Running-Shoe Sales Underwhelm
On Holding tempered its sales outlook for the year after the running-shoe maker reported lower-than-expected sales in the second quarter.
AST SpaceMobile, Intel, On, Hims, and More Stocks That Explain Today's Market
Stocks looked set to struggle for direction on Tuesday as investors worried about inflation, with hopes of Iran agreeing a deal to reopen the crucial Strait of Hormuz shipping route fading fast.
Here's how much Roger Federer is losing as On Holding says it is being disciplined on price
Apparel maker On Holding saw its shares slump in premarket trade as the Zurich-headquartered, U.S.-listed company guided to weaker-than-expected sales for the year.
Sportswear brand On misses quarterly sales view as consumers cut back
Sportswear brand On , missed Wall Street estimates for second-quarter net sales on Tuesday, signaling pressure from a tougher consumer environment and higher costs from U.S. tariffs.
On Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2026
ZURICH, Switzerland--(BUSINESS WIRE)--On Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2026.
Options Corner: ONON Off Highs Ahead of Earnings
On Holding (ONON) has fallen 20% in 2026 ahead of its Aug. 11 earnings report. Rick Ducat breaks down the chart, highlighting consolidation around the $37 level, before examining an example options tr...