On Holding AG develops and distributes sports products worldwide. The company is headquartered in Zurich, Switzerland.
| Revenue (TTM) | $3.12B |
| Gross Profit (TTM) | $1.99B |
| EBITDA | $467.50M |
| Operating Margin | 14.10% |
| Return on Equity | 15.50% |
| Return on Assets | 9.68% |
| Revenue/Share (TTM) | $9.44 |
| Book Value | $6.64 |
| Price-to-Book | 5.61 |
| Price-to-Sales (TTM) | 3.91 |
| EV/Revenue | 3.009 |
| EV/EBITDA | 22.55 |
| Quarterly Earnings Growth (YoY) | 81.10% |
| Quarterly Revenue Growth (YoY) | 14.50% |
| Shares Outstanding | $300.83M |
| Float | $245.36M |
| % Insiders | 23.70% |
| % Institutions | 73.06% |
Volatility is currently expanding
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
On Holding (ONON) could produce exceptional returns because of its solid growth attributes.
On Holding (ONON) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Recently, Zacks.com users have been paying close attention to On Holding (ONON). This makes it worthwhile to examine what the stock has in store.
On Holding (ONON) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
On Holding (ONON) closed at $36.21 in the latest trading session, marking a -6.87% move from the prior day.
On Holding is transitioning from a pure running brand to a luxury lifestyle brand, expanding its TAM and reinforcing premium pricing power. ONON's moat is driven by innovation—LightSpray and SURREAL Superfoam technologies—enabling margin expansion and brand differentiation, with Q1 2026 gross margin reaching 64%. Q1 2026 results showed 26% YoY revenue growth and operating margin expansion to 14.1%, with management prioritizing premium brand value over volume.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Tapestry's Coach remains a popular luxury brand and is winning over a new generation of customers. On Holding's performance footwear continues to resonate with consumers, yet the stock trades reasonably.
Recently, Zacks.com users have been paying close attention to On Holding (ONON). This makes it worthwhile to examine what the stock has in store.
