On Holding AG (ONON)
NYSE: ONON · Real-Time Price · USD
36.87
+0.04 (0.11%)
At close: Jul 6, 2026, 4:00 PM EDT
37.02
+0.15 (0.41%)
After-hours: Jul 6, 2026, 6:12 PM EDT

On Holding AG Stock Forecast

Stock Price Forecast

According to 27 analysts polled by S&P Global, On Holding AG stock has a consensus rating of "Buy" and an average price target of $52.21. The average 1-year stock price forecast is 41.61% higher than the current stock price, while the lowest is $24.13 (-34.55%) and the highest is $83.83 (+127.37%).

Price Target: $52.21 (+41.61%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$24.13$52.21$49.62$83.83
Change-34.55%+41.61%+34.58%+127.37%

Analyst Ratings

The average analyst rating for On Holding AG stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy181718171717
Buy554456
Hold444433
Sell000000
Strong Sell111111
Total282727262627

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Initiates
$51
BuyInitiates$51+38.32%Jul 2, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$46
BuyMaintains$46+24.76%Jul 1, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$52
BuyReiterates$52+41.04%Jun 29, 2026
UBS
UBS
Buy
Reiterates
$85
BuyReiterates$85+130.54%Jun 25, 2026
Bernstein
Bernstein
Buy
Maintains
$70
BuyMaintains$70+89.86%Jun 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.56B
from 3.01B
Increased by 18.00%
Revenue Next Year
4.28B
from 3.56B
Increased by 20.32%
EPS This Year
1.41
from 0.80
Increased by 76.76%
EPS Next Year
1.73
from 1.41
Increased by 22.67%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
724.60M1.22B1.79B2.32B3.01B3.56B
Revenue Growth
70.37%68.66%46.64%29.36%30.01%18.00%
Gross Profit
430.30M684.90M1.07B1.41B1.89B2.29B
Gross Margin
59.38%56.04%59.56%60.63%62.83%64.32%
Operating Income
-141.10M85.00M179.80M211.00M376.60M490.13M
Net Income
-170.20M57.70M79.60M242.30M203.70M394.66M
EPS
----0.801.41
EPS Growth
-----17.53%76.76%
Forward PE
158.8438.9233.1852.3929.3720.99
Free Cash Flow
107.56M-284.50M218.91M415.01M264.30M452.30M
No. Analysts
-----26
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CHF.

Revenue Forecast

Revenue202620272028
High3.7B
Avg3.6B
Low3.5B

Revenue Growth

Revenue Growth202620272028
High
21.4%
Avg
18.0%
Low
16.1%

EPS Forecast

EPS202620272028
High1.52
Avg1.41
Low1.35

EPS Growth

EPS Growth202620272028
High
89.7%
Avg
76.8%
Low
68.8%