On Holding AG (ONON)
NYSE: ONON · Real-Time Price · USD
38.88
+1.16 (3.08%)
At close: Jun 18, 2026, 4:00 PM EDT
38.80
-0.08 (-0.21%)
After-hours: Jun 18, 2026, 4:21 PM EDT

On Holding AG Stock Forecast

Stock Price Forecast

According to 26 analysts polled by S&P Global, On Holding AG stock has a consensus rating of "Buy" and an average price target of $52.7. The average 1-year stock price forecast is 35.55% higher than the current stock price, while the lowest is $23.61 (-39.27%) and the highest is $84.76 (+118.00%).

Price Target: $52.7 (+35.55%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$23.61$52.7$50.17$84.76
Change-39.27%+35.55%+29.04%+118.00%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy181817181717
Buy555444
Hold344444
Sell000000
Strong Sell111111
Total272827272626

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Buy
Reiterates
$58$60
BuyReiterates$58$60+54.32%May 29, 2026
Piper Sandler
Piper Sandler
Buy
Maintains
$60$50
BuyMaintains$60$50+28.60%May 18, 2026
Telsey Advisory
Telsey Advisory
Buy
Reiterates
$60$51
BuyReiterates$60$51+31.17%May 15, 2026
Jefferies
Jefferies
Sell
Reiterates
$30$24
SellReiterates$30$24-38.27%May 13, 2026
Williams Trading
Williams Trading
Hold
Maintains
$41$38
HoldMaintains$41$38-2.26%May 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.55B
from 3.01B
Increased by 17.83%
Revenue Next Year
4.27B
from 3.55B
Increased by 20.23%
EPS This Year
1.41
from 0.80
Increased by 75.88%
EPS Next Year
1.73
from 1.41
Increased by 22.60%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
724.60M1.22B1.79B2.32B3.01B3.55B
Revenue Growth
70.37%68.66%46.64%29.36%30.01%17.83%
Gross Profit
430.30M684.90M1.07B1.41B1.89B2.28B
Gross Margin
59.38%56.04%59.56%60.63%62.83%64.29%
Operating Income
-141.10M85.00M179.80M211.00M376.60M490.13M
Net Income
-170.20M57.70M79.60M242.30M203.70M392.82M
EPS
----0.801.41
EPS Growth
-----17.53%75.88%
Forward PE
158.8438.9233.1852.3929.3722.24
Free Cash Flow
107.56M-284.50M218.91M415.01M264.30M452.30M
No. Analysts
-----25
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
17.8%
Low
16.1%

EPS Forecast

EPS202620272028
High1.51
Avg1.41
Low1.35

EPS Growth

EPS Growth202620272028
High
88.8%
Avg
75.9%
Low
68.8%