On Holding AG (NYSE:ONON) Receives $53.79 Consensus Price Target from Brokerages

Posted by Stanley Muller on Aug 1st, 2026

Shares of On Holding AG (NYSE:ONON – Get Free Report) have earned a consensus rating of “Moderate Buy” from the twenty-two analysts that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, fifteen have given a buy rating and three have assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $53.6316.

Several research analysts have recently issued reports on ONON shares. UBS Group decreased their price target on ON from $85.00 to $82.00 and set a “buy” rating for the company in a research note on Wednesday. Weiss Ratings upgraded shares of ON from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, May 12th. Evercore set a $42.00 price objective on shares of ON in a report on Tuesday, May 12th. Barclays decreased their target price on shares of ON from $57.00 to $46.00 and set an “overweight” rating for the company in a research report on Wednesday, May 13th. Finally, Truist Financial lowered their target price on shares of ON from $55.00 to $48.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th.

Read Our Latest Stock Report on ONON

ON Trading Down 2.1%

Shares of NYSE:ONON opened at $36.34 on Monday. The company has a quick ratio of 2.39, a current ratio of 2.98 and a debt-to-equity ratio of 0.26. The company’s 50-day moving average price is $37.56 and its 200 day moving average price is $39.30. The company has a market cap of $23.19 billion, a PE ratio of 39.07, a P/E/G ratio of 0.69 and a beta of 2.12. ON has a fifty-two week low of $31.41 and a fifty-two week high of $52.20.

ON (NYSE:ONON – Get Free Report) last posted its earnings results on Tuesday, May 12th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.35 by $0.11. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. ON had a net margin of 7.92% and a return on equity of 15.72%. ON’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.21 EPS. Sell-side analysts anticipate that ON will post 1.5 earnings per share for the current year.

Insider Activity

In related news, insider Olivier Bernhard acquired 60,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average price of $36.63 per share, for a total transaction of $2,197,800.00. Following the completion of the purchase, the insider directly owned 5,163,184 shares of the company’s stock, valued at $189,127,429.92. The trade was a 1.18% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Caspar Felix Coppetti bought 60,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was purchased at an average price of $36.64 per share, with a total value of $2,198,400.00. Following the completion of the transaction, the chief executive officer directly owned 2,375,855 shares of the company’s stock, valued at $87,051,327.20. This trade represents a 2.59% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 180,000 shares of company stock worth $6,594,000 over the last three months. Corporate insiders own 68.57% of the company’s stock.

Institutional Trading of ON

Several institutional investors have recently modified their holdings of the company. Morgan Stanley grew its position in ON by 40.9% in the fourth quarter. Morgan Stanley now owns 24,119,871 shares of the company’s stock worth $1,121,092,000 after buying an additional 6,997,455 shares during the last quarter. Platinum Paramount Investment LTD. acquired a new stake in shares of ON during the 4th quarter valued at $525,784,000. Sinvest Investments II Ltd. bought a new stake in shares of ON during the 4th quarter worth $390,432,000. Bamco Inc. NY boosted its stake in shares of ON by 13.9% during the 4th quarter. Bamco Inc. NY now owns 5,405,486 shares of the company’s stock worth $251,247,000 after acquiring an additional 658,933 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of ON by 44.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,318,415 shares of the company’s stock worth $138,865,000 after acquiring an additional 1,026,804 shares during the last quarter. Institutional investors and hedge funds own 36.39% of the company’s stock.

ON Company Profile

(Get Free Report)

On Holding AG, commonly known as On, is a Swiss performance footwear and apparel company headquartered in Zurich. Founded in 2010, the company designs, develops and sells running shoes, performance apparel and accessories for road, trail and everyday use. On’s product philosophy centers on engineered cushioning and responsiveness intended to serve both serious athletes and lifestyle consumers.

On is best known for its proprietary midsole technology and distinctive sole architecture, marketed under names such as the Cloud family of shoes and related performance lines.