On Holding AG ONON
34.71 USD +0.01 (+0.03%)
At closeNov 11, 2026, 7:59 PM EST
34.37 -0.34 -0.98%
After hours · Nov 11, 7:59 PM ET
34.04 Day range 35.55
26.37 52-week range 51.08
- YTD
- -25.32%
- 1 year
- -1.34%
- Market cap
- 11.61B
- Revenue (ttm)
- 3.22B
- Profit margin
- 12.30%
- EPS (ttm)
- 1.64
- Shares out
- 302.03M
- P/E ratio
- 21.16
- Forward P/E
- 16.86
- YTD return
- -25.32%
- 1-year return
- -1.34%
- Volume
- 11.74M
- Avg volume
- 10.71M
- Open
- 34.84
- Previous close
- 34.70
- Day's range
- 34.04 – 35.55
- 52-week range
- 26.37 – 51.08
- Beta
- 2.08
- Analysts
- Buy
- Price target
- 43.62 (+25.7%)
- Earnings date
- Mar 2, 2027
5D -4.23 (-10.86%)
Key statistics
- Enterprise value
- 11.87B
- PEG ratio
- 0.56
- Price / sales
- 3.61
- Price / book
- 5.80
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 13.50%
- Free cash flow
- 288.49M
- Total cash
- 1.24B
- Total debt
- 562.50M
- Return on equity
- 23.95%
- Short % of float
- 13.10%
- 50-day average
- 31.81
- 200-day average
- 36.30
Analyst view
Consensus: buy
Buy
Price target (mean) 43.62 +25.7% upside
Now 34.71
- Target (low)
- 19.84
- Target (mean)
- 43.62
- Target (high)
- 71.89
Ratings (0m) 32 26 buy · 5 hold · 1 sell
- Strong buy8
- Buy18
- Hold5
- Sell1
- Strong sell0
Next earnings
Mar 2, 2027
Expected Mar 2, 2027. Consensus EPS estimate 0.283.
Financials — quick view
ONON Revenue — quarterly 931.40M
ONON Net income — quarterly 162.80M
ONON EPS — quarterly 0.49
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Mar 2, 2027 | Dec 30, 2026 | 0.37 | — | — | — |
| Nov 10, 2026 | Sep 30, 2026 | 0.4717 | 0.66 | +0.19 | +39.92% |
| Aug 11, 2026 | Jun 30, 2026 | 0.4203 | 0.44 | +0.02 | +4.69% |
| May 12, 2026 | Mar 31, 2026 | 0.3367 | 0.47 | +0.13 | +39.59% |
| Mar 3, 2026 | Dec 31, 2025 | 0.26 | 0.31 | +0.05 | +19.23% |
| Nov 12, 2025 | Sep 30, 2025 | 0.3254 | 0.50 | +0.17 | +53.66% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 11, 2026 | Morgan Stanley | main | Overweight | Overweight |
| Nov 11, 2026 | JP Morgan | main | Overweight | Overweight |
| Nov 11, 2026 | Barclays | main | Overweight | Overweight |
| Nov 11, 2026 | Keybanc | main | Overweight | Overweight |
| Nov 11, 2026 | Cantor Fitzgerald | reit | Overweight | Overweight |
| Nov 10, 2026 | Cantor Fitzgerald | init | — | Overweight |
About On Holding AG
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 specialty, general sporting goods, outdoor, luxury, street fashion, and lifestyle retailers; owned retail stores; and e-commerce platforms. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.
- Sector
- Consumer Cyclical
- Industry
- Footwear & Accessories
- Country
- Switzerland
- Website
- on.com
News
Morgan Stanley Maintains Overweight on On Holding, Raises Price Target to $43 
On Holding Posts Slight Q3 Beat, Analysts Expect Growth To Accelerate In Q4 
On Holding Analysts Revise Their Forecasts After Q3 Results 
On Holding Analysts Revise Their Forecasts After Q3 Results 
JP Morgan Maintains Overweight on On Holding, Raises Price Target to $46 - Barclays Maintains Overweight on On Holding, Lowers Price Target to $42
3 Beaten-Down Stocks With a Real Catalyst for a Comeback 
Keybanc Maintains Overweight on On Holding, Raises Price Target to $42 
Cantor Fitzgerald Reiterates Overweight on On Holding, Maintains $46 Price Target 
ON Q3 Earnings Call Highlights
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ALLEMANN DAVID MICHAEL | Chief Executive Officer | Purchase | May 13, 2026 | 2,841,110 |
| BANSE AMY L | Director | Stock Award(Grant) | Sep 20, 2026 | 81,914 |
| BERNHARD OLIVIER | Officer and Director | Purchase | Aug 13, 2026 | 5,228,180 |
| COPPETTI CASPAR FELIX | Chief Executive Officer | Purchase | Aug 13, 2026 | 2,440,860 |
| DURKIN DENNIS M | Director | Stock Award(Grant) | Sep 20, 2026 | 104,478 |
| HELMERSSON HELENA | Director | Stock Award(Grant) | Sep 20, 2026 | 6,822 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Morgan Stanley | 6.89% | 20,447,122 | 709.92M | Jun 29, 2026 |
| BAMCO Inc. | 5.70% | 16,929,770 | 587.80M | Jun 29, 2026 |
| Lone Pine Capital Llc | 4.47% | 13,280,030 | 461.08M | Jun 29, 2026 |
| Platinum Paramount Investment Ltd. | 3.81% | 11,312,048 | 392.75M | Sep 29, 2026 |
| Sinvest Investments II Ltd. | 2.83% | 8,400,000 | 291.65M | Sep 29, 2026 |
| UBS Group AG | 2.72% | 8,066,267 | 280.06M | Sep 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| BARON SELECT FUNDS-Baron Partners Fund | 2.99% | 8,871,696 | 308.03M | Jun 29, 2026 |
| BARON SELECT FUNDS-Baron Focused Growth Fund | 1.53% | 4,545,547 | 157.82M | Jun 29, 2026 |
| Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund | 0.71% | 2,098,184 | 72.85M | Sep 29, 2026 |
| PUTNAM SUSTAINABLE LEADERS FUND | 0.43% | 1,263,500 | 43.87M | Jun 29, 2026 |
| iShares Trust-iShares Russell Mid-Cap Growth ETF | 0.43% | 1,274,366 | 44.25M | Sep 29, 2026 |
| IVY FUNDS-Nomura Mid Cap Growth Fund | 0.39% | 1,159,419 | 40.26M | Jun 29, 2026 |