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Ranked #1747 by analyst upside · 2026-09-27
ONON
On Holding AG
Consumer Cyclical · Market Cap $10B · P/E 21.0x
ANALYST PRICE TARGET
+44.8%
implied upside to consensus target
Current Price $29.96
Consensus Target $43.39
Bull Target $71.68
Bear Target $19.83
Analysts Covering 30
ANALYST CONSENSUS - BUY
Strong Buy
8
Buy
16
Hold
5
Sell
1
52-Week Low $26.36
52-Week High $51.08
YTD Return -36.2%
FUNDAMENTALS
Market Cap $10B
P/E Ratio (TTM) 21.0x
Forward P/E 14.6x
EPS (TTM) $1.43
PEG Ratio 0.48
Dividend Yield N/A
Revenue (TTM) $3.2B
Profit Margin 12.3%
52-WEEK RANGE
52-Week Low $26.36
52-Week High $51.08
Current Price $29.96
Bear Target $19.83
Bull Target $71.68
● Now $29.96 ● Target $43.39
TRADING DATA
Avg Volume 8.0M
YTD Return -36.2%
Analyst Count 30
Consensus Buy
Upside to Target +44.8%
Last Updated 2026-09-27

ANALYST SUMMARY

On Holding AG (ONON) is currently trading at $29.96 with a Wall Street consensus price target of $43.39, implying potential upside of 44.8% over the next 12 months. 30 analysts currently cover ONON, with a consensus rating of Buy - 80% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $71.68, while the most cautious has a target of $19.83.

ONON operates in the Consumer Cyclical sector with a market capitalisation of $10B. The stock is down 36.2% year-to-date and is currently trading near the lower end of its 52-week range of $26.36 – $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 →

BMO Capital - Reiterated
Market Perform → Market Perform 2026-09-24 Building track record
Barclays - Reiterated
Overweight → Overweight 2026-09-24 Building track record
Needham - Reiterated
Buy → Buy 2026-09-23 20% win rate (5 calls)
Needham reit
Buy → Buy 2026-09-18 20% win rate (5 calls)
B of A Securities - Reiterated
Buy → Buy 2026-09-17 Building track record
BTIG reit
Buy → Buy 2026-09-16 38% win rate (8 calls)
BMO Capital ● Initiated
Market Perform 2026-09-09 Building track record
Telsey Advisory Group - Reiterated
Outperform → 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
48
out of 100
Coverage depth
26/30
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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