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Ranked #1650 by analyst upside · 2026-06-27
ONON
On Holding AG
Consumer Cyclical · Market Cap $12B · P/E 39.9x
ANALYST PRICE TARGET
+39.8%
implied upside to consensus target
Current Price $37.07
Consensus Target $51.84
Bull Target $83.25
Bear Target $23.96
Analysts Covering 26
ANALYST CONSENSUS - BUY
Strong Buy
5
Buy
16
Hold
4
Sell
1
52-Week Low $31.41
52-Week High $55.95
YTD Return -21.0%
FUNDAMENTALS
Market Cap $12B
P/E Ratio (TTM) 39.9x
Forward P/E 17.5x
EPS (TTM) $0.93
PEG Ratio 0.72
Dividend Yield N/A
Revenue (TTM) $3.1B
Profit Margin 8.0%
52-WEEK RANGE
52-Week Low $31.41
52-Week High $55.95
Current Price $37.07
Bear Target $23.96
Bull Target $83.25
● Now $37.07 ● Target $51.84
TRADING DATA
Avg Volume 6.3M
YTD Return -21.0%
Analyst Count 26
Consensus Buy
Upside to Target +39.8%
Last Updated 2026-06-27

ANALYST SUMMARY

On Holding AG (ONON) is currently trading at $37.07 with a Wall Street consensus price target of $51.84, implying potential upside of 39.8% over the next 12 months. 26 analysts currently cover ONON, with a consensus rating of Buy - 81% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $83.25, while the most cautious has a target of $23.96.

ONON operates in the Consumer Cyclical sector with a market capitalisation of $12B. The stock is down 21.0% year-to-date and is currently trading near the lower end of its 52-week range of $31.41 – $55.95.

SIMILAR STOCKS

Other Consumer Cyclical stocks with comparable size and valuation.

RECENT ANALYST CALLS

Upgrade/downgrade history for ONON, with each firm's 90-day track record across all stocks we track. See full firm rankings →

Truist Securities — Reiterated
Buy → Buy 2026-05-13 Building track record
Barclays — Reiterated
Overweight → Overweight 2026-05-13 Building track record
Guggenheim reit
Buy → Buy 2026-05-13 62% win rate (8 calls)
Keybanc — Reiterated
Overweight → Overweight 2026-05-13 Building track record
Needham — Reiterated
Buy → Buy 2026-05-12 20% win rate (5 calls)
Telsey Advisory Group — Reiterated
Outperform → Outperform 2026-03-25 Building track record
Truist Securities — Reiterated
Buy → Buy 2026-03-04 Building track record
Barclays — Reiterated
Overweight → Overweight 2026-03-04 Building track record
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
47
out of 100
Coverage depth
25/30
Consensus clarity
0/30
Vote unanimity
20/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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