On Holding AGONONNYSE
LOADING
|||

Analyst Sentiment

Analysts lean bullish — 79% recommend buying.

Consensus Rating
Buy
24 analysts·High coverage
79%
Rating Distribution
Strong Buy
00%
Buy
1979%
Hold
417%
Sell
14%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Analysts see moderate upside — consensus target 28% higher.

Bear Case
$31.00
-31%
Consensus
$57.44
+28%
Bull Case
$85.00
+89%
Price Range24 analysts
Low
Consensus
High
$31.00
$85.00
Current Target
Current Price
$45.05
Upside to Target
$12.39

Price targets are 12-month forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Earnings Surprises

Recent Analyst Actions

Jan 8, 2026Williams Trading
Williams Trading Downgrades On Holding AG (ONON) to Hold
Target:$47.00
-7.2%from $50.63
Dec 29, 2025UBS
UBS still 'very bullish' on On Holding after athletic wear survey
Target:$85.00
+81.7%from $46.78
Dec 9, 2025Guggenheim
On Holding initiated with a Buy at Guggenheim
Target:$59.00
+24.7%from $47.32
Nov 25, 2025Piper Sandler
On Holding price target raised to $60 from $55 at Piper Sandler
Target:$60.00
+47.1%from $40.79
Nov 12, 2025Jefferies
Jefferies Reiterates Underperform Rating on On Holding AG (ONON)
Target:$31.00
-11.9%from $35.18
Nov 10, 2025Truist Financial
On Holding price target lowered to $60 from $69 at Truist
Target:$60.00
+72.4%from $34.80
Nov 6, 2025Piper Sandler
On Holding price target lowered to $55 from $65 at Piper Sandler
Target:$55.00
+54.6%from $35.58
Nov 4, 2025BTIG
BTIG Reiterates Buy Rating on On Holding AG (ONON), maintains Large Cap Top Pick
Target:$70.00
+92.0%from $36.46
Oct 27, 2025Goldman Sachs
On Holding price target lowered to $50 from $57 at Goldman Sachs
Target:$50.00
+18.6%from $42.15
Oct 21, 2025Raymond James
On Holding price target lowered to $55 from $66 at Raymond James
Target:$55.00
+32.6%from $41.47
Aug 13, 2025UBS
On Holding price target raised to $79 from $75 at UBS
Target:$79.00
+64.1%from $48.15
Aug 13, 2025Jefferies
On Holding downgraded to Underperform from Hold at Jefferies
Target:$40.00
-19.7%from $49.81
May 14, 2025Truist Financial
On Holding price target raised to $69 from $61 at Truist
Target:$69.00
+19.8%from $57.59
May 14, 2025UBS
On Holding price target raised to $75 from $59 at UBS
Target:$75.00
+30.2%from $57.59
May 14, 2025Barclays
On Holding price target raised to $68 from $52 at Barclays
Target:$68.00
+32.5%from $51.31
May 13, 2025Needham
On Holding price target raised to $62 from $55 at Needham
Target:$62.00
+8.1%from $57.38
Apr 28, 2025UBS
On Holding price target raised to $59 from $56 at UBS
Target:$59.00
+26.6%from $46.59
Mar 5, 2025UBS
On Holding price target raised to $73 from $65 at UBS
Target:$73.00
+39.1%from $52.48
Nov 21, 2024Raymond James
Raymond James Upgrades On Holding AG (ONON) to Strong Buy, Adds to Analyst Favorites List
Target:$63.00
+12.1%from $56.19
Nov 12, 2024BTIG
BTIG Upgrades On Holding AG (ONON) to Buy
Target:$64.00
+21.6%from $52.62
Nov 12, 2024Goldman Sachs
On Holding AG (ONON) PT Raised to $57 at Goldman Sachs
Target:$57.00
+8.3%from $52.62
Nov 12, 2024Truist Financial
On Holding AG (ONON) PT Raised to $61 at Truist Securities
Target:$61.00
+15.9%from $52.62
Nov 6, 2024Williams Trading
On Holding AG (ONON) PT Raised to $40 at Williams Trading
Target:$40.00
-15.9%from $47.58
Oct 3, 2024Piper Sandler
On Holding AG (ONON) PT Raised to $56 at Piper Sandler
Target:$56.00
+13.9%from $49.18
Oct 3, 2024Truist Financial
On Holding AG (ONON) PT Raised to $58 at Truist Securities
Target:$58.00
+18.0%from $49.17