ONON Company Profile and Key Details

Short-term trend indicators are bullishly aligned (SMA20 4.04%, SMA50 2.04%, SMA200 0.47%). The stock’s 14-day RSI is 55.7 (neutral), while the ATR of 1.71 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -22.33% below its high and over 38.45% above its low. Average 10-day trading volume of 3.87 million shares is below the 3-month average of 5.49 million, indicating normal recent market interest.

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 26.43 thousand shares across 7 transactions.

On Holding AG last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $34.97. This means the shares are trading above this model’s fair value.

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 26 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 125.23% upside. The low target suggests 5.99% downside. The mean target is $60.29. This offers 59.75% 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.

On Holding AG trades at a P/E ratio of 39.64, slightly above the S&P 500 average, with a price-to-sales ratio of 3.25 and a price-to-book ratio of 5.73 trading at moderately above to book value. The P/FCF stands at 33.11, also above market averages.

On Holding AG (NYSE:ONON) closed at $37.74 USD, losing -$0.18 (-0.47%) from the previous close of $37.92. The stock is currently mid-range between its 52-week high and low $31.41 and $54.41. With a market capitalization of about $12.58 billion, On Holding AG is classified as a large-cap and shows higher-than-market volatility (beta ~2.12). Key stats such as the average daily volume over the past year has been around 5.62 million shares, volume is running light vs its 52-week average. Headquartered in Zurich, ZH, On Holding AG operates in the Consumer Cyclical sector and the Apparel - Footwear & Accessories industry. Led by CEO Martin Hoffmann, the company employs approximately 3,963 people and listed since September 15, 2021. On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific.

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 39.64. Analyst sentiment is bullish, with the majority of ratings in Overweight territory and a mean price target of $51.59, suggesting 36.7% upside. Our AI forecast model points to short-term strength (0.5% over two weeks), a medium-term fall (-19.61% over three months), and a longer-term gain (19.0% over one year), with expected trading ranges indicating moderate volatility.

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 increase of 0.5%, with price expected at $37.93 by July 28, 2026, within a range of $36.87 to $39.08 3-Month Outlook: Projected fall of -19.61%, reaching $30.34 by October 09, 2026, with a range of $27.52 to $32.56. 1-Year Outlook: Projected gain of 19.0%, with price at $44.91 by July 14, 2027, within a range of $41.68 to $47.42.