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ONON
Volume: 3.6M

ONON Stock Forecast & Price Target

ONON Analyst Ratings

Based on 18 analyst ratings
Buy
Strong Buy 39%
Buy 44%
Hold 11%
Sell 6%
Strong Sell 0%

Bulls say

On Holding is expected to continue its positive growth trajectory in all regions due to its strong online and physical presence and successful management of inventory and direct-to-consumer growth. The company's focus on new product launches and a clean marketplace has resulted in a strong FY gross margin guidance increase and a projected FY26 margin outlook of at least 64.5%. While there may be some concerns about long-term growth potential, recent share price fluctuations present a promising opportunity for investors to enter into the company.

Bears say

On Holding is facing downside risks due to increased competition, a potential slowdown in revenue growth, and volatility in tariffs. Despite strong performance in the first quarter, there are concerns about the sustainability of On's premium technology and its nascent apparel business. Furthermore, macroeconomic factors such as a recession or reduced consumer spending could negatively impact the demand for On's products. Despite these risks, ONON remains an innovation-led brand with potential for growth across regions, channels, and categories.

ONON has been analyzed by 18 analysts, with a consensus rating of Buy. 39% of analysts recommend a Strong Buy, 44% recommend Buy, 11% suggest Holding, 6% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of On Holding AG and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About On Holding AG (ONON) Forecast

Analysts have given ONON a Buy based on their latest research and market trends.

According to 18 analysts, ONON has a Buy consensus rating as of Aug 6, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $55.61, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $55.61, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

On Holding AG (ONON)

Volume: 3.6M

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