
ONON Stock Forecast & Price Target
ONON Analyst Ratings
Bulls say
On Holding is a well-established sportswear firm with a strong presence in athletic shoes, generating 93% of sales from this product category. Its recent Q4 results exceeded expectations, with strong growth in both wholesale and DTC channels. Despite a leadership transition, the company is expected to maintain its growth and profitability driven by product innovation, store openings, and expansion into underpenetrated markets. Despite some macro risks and the departure of its long-time CEO, Mr. Hoffmann, the stock is still a solid investment choice with a target valuation of $70 based on its strong financials and track record of growth.
Bears say
On Holding is facing several fundamental risks such as a turbulent leadership transition, potentially unfavorable financial guidance, and risks related to market volatility, currency, and consumer confidence, which could negatively impact its sales and profitability. The company has also experienced some recent shortfalls in DTC sales and Americas sales, which may raise concerns among investors. Considering these risks and the current headwinds facing the company, there may be limited upside potential for the stock in the near term.
This aggregate rating is based on analysts' research of On Holding AG and is not a guaranteed prediction by Public.com or investment advice.
ONON Analyst Forecast & Price Prediction
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