Equities Analysts Issue Forecasts for ON Q2 Earnings

On Holding AG (NYSE:ONON) – Research analysts at William Blair lifted their Q2 2025 earnings per share estimates for ON in a report released on Monday, May 19th. William Blair analyst D. Carden now expects that the company will post earnings of $0.17 per share for the quarter, up from their previous forecast of $0.16. The consensus estimate for ON’s current full-year earnings is $0.66 per share. William Blair also issued estimates for ON’s Q4 2025 earnings at $0.16 EPS, FY2025 earnings at $0.78 EPS and FY2026 earnings at $1.14 EPS.

Several other brokerages also recently commented on ONON. Truist Financial boosted their target price on ON from $61.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, May 14th. Needham & Company LLC raised their price objective on ON from $55.00 to $62.00 and gave the stock a “buy” rating in a research note on Wednesday, May 14th. Citigroup raised ON from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $65.00 to $60.00 in a research note on Monday, April 28th. Jefferies Financial Group started coverage on ON in a research note on Tuesday, April 1st. They set a “hold” rating and a $44.00 price objective on the stock. Finally, Stifel Nicolaus raised their price objective on ON from $57.00 to $66.00 and gave the stock a “buy” rating in a research note on Wednesday, May 14th. Two research analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $62.45.

ON Stock Down 0.7%

Shares of ONON opened at $58.74 on Thursday. The stock’s 50-day moving average price is $47.16 and its 200 day moving average price is $52.03. The firm has a market capitalization of $36.99 billion, a price-to-earnings ratio of 136.61, a P/E/G ratio of 1.02 and a beta of 2.30. ON has a 12-month low of $34.59 and a 12-month high of $64.05.

Hedge Funds Weigh In On ON

Hedge funds have recently modified their holdings of the stock. Park Square Financial Group LLC bought a new position in shares of ON in the 4th quarter valued at about $32,000. TCTC Holdings LLC grew its holdings in ON by 118.4% during the first quarter. TCTC Holdings LLC now owns 581 shares of the company’s stock worth $26,000 after purchasing an additional 315 shares during the period. Montag A & Associates Inc. bought a new position in ON during the first quarter worth about $26,000. MassMutual Private Wealth & Trust FSB bought a new position in ON during the first quarter worth about $32,000. Finally, Legacy Bridge LLC bought a new position in ON during the fourth quarter worth about $43,000. Institutional investors own 36.39% of the company’s stock.

ON Company Profile

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores.