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DTC Channel Expansion And Global Reach Will Secure Future Success

Published
24 Nov 24
Updated
08 Oct 25
AnalystConsensusTarget's Fair Value
US$66.04
36.6% undervalued intrinsic discount
08 Oct
US$41.86
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1Y
-16.3%
7D
-0.6%

Author's Valuation

US$66.0436.6% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on08 Oct 25
Fair value Decreased 1.08%

The analyst price target for On Holding was revised downward by $0.72 to $66.04. Analysts cite concerns about slower growth and increased competition, even as strong performance continues.

Shared on19 Sep 25
Fair value Increased 1.37%

On Holding's consensus price target was modestly raised to $66.76 as analysts reflected optimism about sustained earnings outperformance and prudent guidance, though some remain cautious about potential growth deceleration and market limitations, resulting in only a slight upward revision in fair value. Analyst Commentary Bullish analysts expect multiple expansion as the company continues to deliver beat-and-raise earnings reports.

Shared on04 Sep 25

Analysts remain divided on On Holding's outlook, with bullish sentiment driven by consistent revenue and earnings beats fueling optimism for valuation upside, while bearish concerns focus on slowing U.S. growth and market saturation risks, resulting in an unchanged consensus price target of $65.86. Analyst Commentary Bullish analysts see potential for On's valuation multiple to expand as the company consistently delivers revenue and earnings beats alongside upward guidance revisions.

Shared on01 May 25
Fair value Decreased 4.87%

Shared on23 Apr 25
Fair value Increased 0.79%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Decreased 5.66%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Increased 11%

AnalystConsensusTarget has decreased shares outstanding growth rate from 0.0% to 0.0%.

Shared on02 Apr 25
Fair value Increased 0.82%

AnalystConsensusTarget has increased shares outstanding growth rate from 0.0% to 0.0%.

Shared on26 Mar 25
Fair value Increased 0.88%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Decreased 5.73%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on12 Mar 25
Fair value Increased 29%