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Ranked #1049 by analyst upside · 2026-08-13
ONON
On Holding AG
Consumer Cyclical · Market Cap $10B · P/E 21.2x
ANALYST PRICE TARGET
+68.8%
implied upside to consensus target
Current Price $31.01
Consensus Target $52.34
Bull Target $83.08
Bear Target $23.89
Analysts Covering 27
ANALYST CONSENSUS - BUY
Strong Buy
6
Buy
17
Hold
3
Sell
1
52-Week Low $30.11
52-Week High $51.08
YTD Return -34.0%
FUNDAMENTALS
Market Cap $10B
P/E Ratio (TTM) 21.2x
Forward P/E 15.3x
EPS (TTM) $1.46
PEG Ratio 0.76
Dividend Yield N/A
Revenue (TTM) $3.2B
Profit Margin 12.3%
52-WEEK RANGE
52-Week Low $30.11
52-Week High $51.08
Current Price $31.01
Bear Target $23.89
Bull Target $83.08
● Now $31.01 ● Target $52.34
TRADING DATA
Avg Volume 5.8M
YTD Return -34.0%
Analyst Count 27
Consensus Buy
Upside to Target +68.8%
Last Updated 2026-08-13

ANALYST SUMMARY

On Holding AG (ONON) is currently trading at $31.01 with a Wall Street consensus price target of $52.34, implying potential upside of 68.8% over the next 12 months. 27 analysts currently cover ONON, with a consensus rating of Buy - 85% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $83.08, while the most cautious has a target of $23.89.

ONON operates in the Consumer Cyclical sector with a market capitalisation of $10B. The stock is down 34.0% year-to-date and is currently trading near the lower end of its 52-week range of $30.11 – $51.08.

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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