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ONON logo

On Holding AG Stock Price

NYSE:ONON Community·US$9.5b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 283 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

ONON Share Price Performance

US$27.73
-17.06 (-38.09%)
​
US$52.49
Fair Value
US$27.73
-17.06 (-38.09%)
47.2% undervalued intrinsic discount
US$52.49
Fair Value
Price US$27.73
AnalystConsensusTarget US$52.49
AnalystHighTarget US$74.86
AnalystLowTarget US$24.90
Thu, 18 Jun 26
Fair ValueUS$52.49
Share Pricen/a

ONON Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$52.49 47.2% undervalued intrinsic discount

Analyst Commentary Reveals Mixed Views as On Holding Adjusts Guidance and Targets

0users have liked this narrative
0users have commented on this narrative
112users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value US$74.86 63.0% undervalued intrinsic discount

Premium Global Brand Expansion And Apparel Momentum Will Drive Powerful Long Term Upside

1users have liked this narrative
0users have commented on this narrative
9users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget's
Fair Value
·
Fair Value US$24.9 11.4% overvalued intrinsic discount

Premium Positioning And Aggressive Expansion Will Eventually Expose Material Margin And Execution Risks

0users have liked this narrative
0users have commented on this narrative
6users have followed this narrative
ONON logo
On Holding
11.4% overvalued intrinsic discount

Premium Positioning And Aggressive Expansion Will Eventually Expose Material Margin And Execution Risks

View narrative
AN
AnalystLowTarget
AnalystLowTarget
Updated 21 Aug
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ONON logo
On Holding
63.0% undervalued intrinsic discount

Premium Global Brand Expansion And Apparel Momentum Will Drive Powerful Long Term Upside

View narrative
AN
AnalystHighTarget
AnalystHighTarget
Updated 6 Aug
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ONON logo
On Holding
47.2% undervalued intrinsic discount

Analyst Commentary Reveals Mixed Views as On Holding Adjusts Guidance and Targets

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 18 Jun
Read Narrative

Trending Discussion

No trending discussion available.

Recently Updated Narratives

AN
AnalystLowTarget
ONON logo

ONON: Soft Americas Wholesale Outlook Will Test Premium Brand Momentum

Fair Value: US$24.9 11.4% overvalued intrinsic discount
6 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
ONON logo

ONON: Margin Expansion And Premium Brand Positioning Will Drive Future Upside Potential

Fair Value: US$74.86 63.0% undervalued intrinsic discount
9 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystConsensusTarget
ONON logo

ONON: Founder Return And Margin Focus Will Support Future Stock Upside

Fair Value: US$52.49 47.2% undervalued intrinsic discount
112 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Outstanding track record with flawless balance sheet.

0 Risks
3 Rewards
View Full Analysis

On Holding AG Key Details

CHF 3.2b

Revenue

CHF 1.1b

Cost of Revenue

CHF 2.1b

Gross Profit

CHF 1.7b

Other Expenses

CHF 396.2m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
1.19
64.82%
12.30%
0%
View Full Analysis

About ONON

Founded
2010
Employees
3963
CEO
David Allemann
WebsiteView website
www.on.com

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.

Recent ONON News & Updates

User avatar
Narrative Update • Aug 21

ONON: Soft Americas Wholesale Outlook Will Test Premium Brand Momentum

Analysts have trimmed their average price target on On Holding, with the modeled fair value easing from about $27.06 to $24.90. They cite a slightly higher discount rate, more conservative revenue growth assumptions, and a lower future P/E multiple following recent guidance updates and Q2 results.

Recent updates

No updates

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