On Holding AG (ONON)

On Holding AG Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for On Holding AG stock have an average target of 58.65, with a low estimate of 37 and a high estimate of 73. The average target predicts an increase of 32.84% from the current stock price of 44.15.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$37	$58.65	$63	$73
Change	-16.19%	+32.84%	+42.70%	+65.35%

Analyst Ratings

The average analyst rating for On Holding AG stock from 24 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	6	8	8	9	8	8
Buy	14	13	13	13	13	13
Hold	2	2	3	3	4	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	22	23	24	25	25	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jay Sole UBS	UBS	Strong Buy Maintains $65 → $73	Strong Buy	Maintains	$65 → $73	+65.35%	Mar 5, 2025
Alex Straton Morgan Stanley	Morgan Stanley	Buy Maintains $62 → $66	Buy	Maintains	$62 → $66	+49.49%	Mar 5, 2025
Ashley Owens Keybanc	Keybanc	Buy Reiterates $68	Buy	Reiterates	$68	+54.02%	Mar 5, 2025
Adrienne Yih Barclays	Barclays	Buy Maintains $63 → $64	Buy	Maintains	$63 → $64	+44.96%	Mar 5, 2025
Cristina Fernandez Telsey Advisory Group	Telsey Advisory Group	Buy Maintains $67	Buy	Maintains	$67	+51.76%	Mar 4, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.04B

Increased by 30.91%

from 2.32B

Revenue Next Year

3.70B

Increased by 21.85%

from 3.04B

EPS This Year

1.07

Increased by 44.61%

from 0.74

EPS Next Year

1.43

Increased by 33.58%

from 1.07

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	425.30M	724.60M	1.22B	1.79B	2.32B	3.04B	3.70B	4.62B
Revenue Growth	59.22%	70.37%	68.66%	46.64%	29.36%	30.91%	21.85%	24.82%
EPS	-0.10	-0.59	0.18	0.25	0.74	1.07	1.43	1.82
EPS Growth	-	-	-	36.47%	199.92%	44.61%	33.58%	27.66%
Forward PE	-	-	-	-	-	36.41	27.26	21.35
No. Analysts	-	-	-	-	-	28	26	12

Financial currency is CHF. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	3.4B	4.3B	5.1B
Avg	3.0B	3.7B	4.6B
Low	2.8B	2.0B	4.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	48.7%	40.6%	38.2%
Avg	30.9%	21.8%	24.8%
Low	21.5%	-34.6%	15.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.40	1.87	2.05
Avg	1.07	1.43	1.82
Low	0.82	1.12	1.54

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	89.1%	75.0%	43.7%
Avg	44.6%	33.6%	27.7%
Low	11.5%	4.6%	7.9%

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.