On Holding AG (ONON)
NYSE: ONON · Real-Time Price · USD
29.90
-1.36 (-4.35%)
At close: Aug 20, 2026, 4:00 PM EDT
30.04
+0.14 (0.47%)
After-hours: Aug 20, 2026, 5:54 PM EDT

On Holding AG Stock Forecast

Stock Price Forecast

According to 28 analysts polled by S&P Global, On Holding AG stock has a consensus rating of "Buy" and an average price target of $44.89. The average 1-year stock price forecast is 50.13% higher than the current stock price, while the lowest is $19.94 (-33.31%) and the highest is $73.1 (+144.48%).

Price Target: $44.89 (+50.13%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$19.94$44.89$41.95$73.1
Change-33.31%+50.13%+40.30%+144.48%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy171818181816
Buy544567
Hold444334
Sell000000
Strong Sell111111
Total272727272828

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Telsey Advisory
Telsey Advisory
Buy
Maintains
$51$43
BuyMaintains$51$43+43.81%Aug 17, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$51$41
BuyMaintains$51$41+37.12%Aug 17, 2026
Raymond James
Raymond James
Buy
Maintains
$52$38
BuyMaintains$52$38+27.09%Aug 13, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$46$40
BuyMaintains$46$40+33.78%Aug 12, 2026
Bernstein
Bernstein
Buy
Maintains
$70$62
BuyMaintains$70$62+107.36%Aug 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.51B
from 3.01B
Increased by 16.60%
Revenue Next Year
4.17B
from 3.51B
Increased by 18.67%
EPS This Year
1.41
from 0.80
Increased by 76.38%
EPS Next Year
1.68
from 1.41
Increased by 18.99%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
724.60M1.22B1.79B2.32B3.01B3.51B
Revenue Growth
70.37%68.66%46.64%29.36%30.01%16.60%
Gross Profit
430.30M684.90M1.07B1.41B1.89B2.28B
Gross Margin
59.38%56.04%59.56%60.63%62.83%64.99%
Operating Income
-141.10M85.00M179.80M211.00M376.60M478.62M
Net Income
-170.20M57.70M79.60M242.30M203.70M395.34M
EPS
----0.801.41
EPS Growth
-----17.53%76.38%
Forward PE
158.8438.9233.1852.3929.3716.96
Free Cash Flow
107.56M-284.50M218.91M415.01M264.30M389.67M
No. Analysts
-----27
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CHF.

Revenue Forecast

Revenue202620272028
High3.6B
Avg3.5B
Low3.4B

Revenue Growth

Revenue Growth202620272028
High
18.2%
Avg
16.6%
Low
13.3%

EPS Forecast

EPS202620272028
High1.54
Avg1.41
Low1.35

EPS Growth

EPS Growth202620272028
High
92.5%
Avg
76.4%
Low
69.3%