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Ranked #1212 by analyst upside · 2026-09-05
ONON
On Holding AG
Consumer Cyclical · Market Cap $9B · P/E 19.3x
ANALYST PRICE TARGET
+59.7%
implied upside to consensus target
Current Price $27.99
Consensus Target $44.69
Bull Target $73.39
Bear Target $19.85
Analysts Covering 27
ANALYST CONSENSUS - BUY
Strong Buy
7
Buy
15
Hold
4
Sell
1
52-Week Low $27.56
52-Week High $51.08
YTD Return -40.4%
FUNDAMENTALS
Market Cap $9B
P/E Ratio (TTM) 19.3x
Forward P/E 13.6x
EPS (TTM) $1.45
PEG Ratio 0.46
Dividend Yield N/A
Revenue (TTM) $3.2B
Profit Margin 12.3%
52-WEEK RANGE
52-Week Low $27.56
52-Week High $51.08
Current Price $27.99
Bear Target $19.85
Bull Target $73.39
● Now $27.99 ● Target $44.69
TRADING DATA
Avg Volume 6.2M
YTD Return -40.4%
Analyst Count 27
Consensus Buy
Upside to Target +59.7%
Last Updated 2026-09-05

ANALYST SUMMARY

On Holding AG (ONON) is currently trading at $27.99 with a Wall Street consensus price target of $44.69, implying potential upside of 59.7% over the next 12 months. 27 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 $73.39, while the most cautious has a target of $19.85.

ONON operates in the Consumer Cyclical sector with a market capitalisation of $9B. The stock is down 40.4% year-to-date and is currently trading near the lower end of its 52-week range of $27.56 – $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 →

Telsey Advisory Group - Reiterated
Outperform → Outperform 2026-08-12 Building track record
Stifel - Reiterated
Buy → Buy 2026-08-12 Building track record
Truist Securities - Reiterated
Buy → Buy 2026-08-12 Building track record
Evercore ISI Group - Reiterated
Outperform → Outperform 2026-08-12 Building track record
UBS - Reiterated
Buy → Buy 2026-08-12 33% win rate (6 calls)
Barclays - Reiterated
Overweight → Overweight 2026-08-12 Building track record
Baird - Reiterated
Outperform → Outperform 2026-08-12 Building track record
Raymond James ↓ Downgrade
Strong Buy → Outperform 2026-08-12 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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