
On Holding AG
Textiles, Apparel & Luxury Goods
On Holding AG (ONON) Stock News
The latest ONON headlines and market coverage — 4 recent stories, updated throughout the day.
- Zacks Investment Research·
On Holding AG (ONON) is Attracting Investor Attention: Here is What You Should Know
On Holding (ONON), a running-shoe and apparel company, has gained 21.5% over the past month, outperforming the S&P 500. However, despite strong revenue growth projections of 17.6% for the current fiscal year and 19.7% for the next, the stock received a Zacks Rank #4 (Sell) rating. The company is trading at a premium valuation (Grade D) relative to peers, suggesting potential near-term underperformance despite solid earnings growth expectations.
- Zacks Investment Research·
On Holding (ONON) Outperforms Broader Market: What You Need to Know
On Holding (ONON) closed at $30.20, up 1.99% in the latest session, outperforming the S&P 500. However, the company holds a Zacks Rank #5 (Strong Sell) rating. While revenue is expected to grow 15.02% next quarter and 17.87% for the full year, EPS is forecasted to decline 6% quarter-over-quarter. The stock trades at a Forward P/E of 17.35, above its industry average of 13.88, despite a favorable PEG ratio of 0.51.
- Zacks Investment Research·
On Holding (ONON) Down 13.5% Since Last Earnings Report: Can It Rebound?
On Holding's stock has declined 13.5% since its Q2 2026 earnings report, underperforming the S&P 500. While the company reported earnings meeting consensus estimates with strong DTC growth (26% YoY), Asia-Pacific momentum, and improved profitability despite tariffs, revenue missed expectations at $1,076M vs. $1,114M consensus. Management raised 2026 gross margin guidance to at least 65% and maintained EBITDA margin guidance of 19.5-20%, expecting low-20% constant-currency sales growth for the year. However, analyst estimates have shifted downward by 10.1% in the past month, leading to a Zacks Rank #5 (Strong Sell) rating.
- Zacks Investment Research·
Is On Holding (ONON) a Buy as Wall Street Analysts Look Optimistic?
While On Holding (ONON) has a strong buy-equivalent average brokerage recommendation (ABR) of 1.52 from 25 firms, the article cautions that brokerage recommendations are often biased due to institutional conflicts of interest. The Zacks Rank, a quantitative model based on earnings estimate revisions, provides a more reliable indicator. On Holding's consensus earnings estimate has declined 2.1% over the past month, resulting in a Zacks Rank #5 (Strong Sell) rating, suggesting investors should be skeptical of the positive brokerage consensus.