ONON Company Profile and Key Details

On Holding AG has 293.05 million shares outstanding. The public float is 228.76 million shares, elevated short interest at 7.75% of float. This equals 18.24 million shares. The short ratio is 3.72 days. Institutional investors hold 86.98% of the float. Insiders own 22.0%. Over the past six months, insider transactions show net selling. They sold 24.90 thousand shares across 6 transactions.

Wall Street analysts project EPS growth of 17.26% annually over the next five years. The latest quarter delivered EPS of $0.46. The next quarter is forecast at $0.25. Next year's EPS is expected at $45.23. Analyst sentiment is bullish. Analyst rating data shows there are 25 Strong Buy ratings, 20 Buy ratings, 2 Hold ratings, 0 Sell rating and 1 Strong Sell ratings. Price targets range from $85.00 to $40.00. The high target offers 123.1% upside. The low target suggests 4.99% downside. The mean target is $60.48. This offers 58.74% upside. On Holding AG earnings surprise history is a consistent trend of beating forecasts. The quarter that ended May 12, 2026, missed forecasts by 32.29%. The prior quarter beat by 19.23%. Over the last six quarters, Apple has recorded several small beats. These include 90.76% in March 04, 2025.

Our AI price prediction model suggests that On Holding AG stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -0.26%, with price expected at $38.00 by June 01, 2026, within a range of $36.00 to $39.78 3-Month Outlook: Projected fall of -42.73%, reaching $21.82 by August 14, 2026, with a range of $20.35 to $23.08. 1-Year Outlook: Projected gain of 14.33%, with price at $43.56 by May 18, 2027, within a range of $40.63 to $46.57.

On Holding AG (NYSE:ONON) shares are flat -5.08% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows On Holding AG trading at a premium to the broader market with a P/E of 39.34. Analyst sentiment is bullish, with the majority of ratings in Buy territory and a mean price target of $51.59, suggesting 35.41% upside. Our AI forecast model points to short-term weakness (-0.26% over two weeks), a medium-term fall (-42.73% over three months), and a longer-term gain (14.33% over one year), with expected trading ranges indicating moderate volatility.

On Holding AG trades at a P/E ratio of 39.34, slightly above the S&P 500 average, with a price-to-sales ratio of 3.18 and a price-to-book ratio of 5.62 trading at moderately above to book value. The P/FCF stands at 32.45, also above market averages.