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On Holding AG (ONON) Stock Forecast

Data as of Oct 31, 2026

Consumer Cyclical · Current price $33.67 (+2.67%)

Consensus Target
$42.56
Upside
+26.5%
Analysts
25
Rating
Buy(2.04)

Price Target Range

Low $20.00Consensus $42.56High $82.00
▲ Current $33.67

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy18
Hold1
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Mar 27, 2026Michael BinettiEvercore ISI$45.00+33.6%
Mar 26, 2026Cristina FernandezTelsey Advisory$60.00+78.2%
Mar 3, 2026Joseph CivelloTruist Financial$55.00+63.3%
Mar 3, 2026Peter McGoldrickStifel Nicolaus$58.00+72.2%
Mar 3, 2026Michael BinettiEvercore ISI$58.00+72.2%
Feb 26, 2026Tom NikicNeedham$52.00+54.4%
Jan 28, 2026Jim DuffyStifel Nicolaus$60.00+78.2%
Jan 22, 2026Ashley OwensKeyBanc$58.00+72.2%
Jan 8, 2026Sam PoserWilliams Trading$47.00+39.6%
Nov 12, 2025Randal KonikJefferies$31.00-7.9%
Nov 6, 2025Anna AndreevaPiper Sandler$55.00+63.3%
Nov 4, 2025Janine StichterBTIG$70.00+107.9%
Oct 21, 2025Rick PatelRaymond James$55.00+63.3%
Aug 13, 2025Jay SoleUBS$79.00+134.6%
Aug 13, 2025Randal KonikJefferies$40.00+18.8%
May 14, 2025Joseph CivelloTruist Financial$69.00+104.9%
May 14, 2025Jay SoleUBS$75.00+122.7%
May 14, 2025Adrienne YihBarclays$68.00+101.9%
May 13, 2025Tom NikicNeedham$62.00+84.1%
Apr 28, 2025Jay SoleUBS$59.00+75.2%

ONON vs Sector & Market

MetricONONConsumer Cyclical AvgLarge Cap Avg
Analyst Rating2.042.482.41
Analyst Count251219
Target Upside+26.5%+248.0%+21.5%
P/E Ratio44.3116.3838.49

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$3.55B$3.64B$3.79B19
2027-03-31$973M$1.01B$1.04B5
2027-06-30$1.04B$1.08B$1.11B6
2027-09-30$1.11B$1.15B$1.19B9
2027-12-31$1.05B$1.08B$1.12B5
2028-03-31$1.27B$1.32B$1.36B4
2028-06-30$1.27B$1.32B$1.36B6
2028-09-30$1.40B$1.45B$1.50B9
2028-12-31$1.30B$1.34B$1.39B4
2029-12-31$5.44B$5.80B$6.11B4

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$1.24$1.32$1.3814
2027-03-31$0.32$0.33$0.343
2027-06-30$0.37$0.39$0.405
2027-09-30$0.46$0.48$0.503
2027-12-31$0.34$0.36$0.386
2028-03-31$0.42$0.44$0.464
2028-06-30$0.48$0.50$0.536
2028-09-30$0.60$0.63$0.664
2028-12-31$0.44$0.46$0.487
2029-12-31$2.06$2.23$2.394

Frequently Asked Questions

What is the analyst consensus for ONON?

The consensus among 25 analysts covering On Holding AG (ONON) is Buy with an average price target of $42.56.

What is the highest price target for ONON?

The highest price target for ONON is $79.00, set by Jay Sole at UBS on 2025-08-13.

What is the lowest price target for ONON?

The lowest price target for ONON is $26.00, set by Alex Straton at Morgan Stanley on 2022-11-25.

How many analysts cover ONON?

25 analysts have issued ratings for On Holding AG in the past 12 months.

Is ONON a buy or sell right now?

Based on 25 analyst ratings, ONON has a consensus rating of Buy (2.04/5) with a +26.5% upside to the consensus target of $42.56.

What are the earnings estimates for ONON?

Analysts estimate ONON will report EPS of $1.32 for the period ending 2026-12-31, with revenue estimated at $3.64B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.