ON (ONON) Expected to Announce Quarterly Earnings on Tuesday

ON (NYSE:ONON) is expected to release its Q4 2025 results before the market opens on Tuesday, March 3rd. Analysts expect ON to post earnings of $0.26 per share for the quarter. Individuals can check the company’s upcoming Q4 2025 earning summary page for the latest details on the call scheduled for Tuesday, March 3, 2026 at 8:00 AM ET.

ON Stock Down 2.3%

Shares of ON stock opened at $46.50 on Friday. The firm has a market cap of $29.20 billion, a price-to-earnings ratio of 60.39, a P/E/G ratio of 1.39 and a beta of 2.15. The stock has a 50-day simple moving average of $46.41 and a 200-day simple moving average of $44.44. ON has a 52-week low of $34.38 and a 52-week high of $61.29. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.55 and a quick ratio of 2.05.

Institutional Investors Weigh In On ON

Hedge funds have recently bought and sold shares of the company. Sinvest Investments II Ltd. acquired a new position in shares of ON during the 4th quarter worth about $390,432,000. Morgan Stanley increased its position in ON by 40.9% in the 4th quarter. Morgan Stanley now owns 24,119,871 shares of the company’s stock worth $1,121,092,000 after buying an additional 6,997,455 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of ON by 4,564.3% during the second quarter. Ameriprise Financial Inc. now owns 2,291,611 shares of the company’s stock worth $119,752,000 after buying an additional 2,242,480 shares during the last quarter. State Street Corp lifted its holdings in shares of ON by 765.4% during the second quarter. State Street Corp now owns 2,219,015 shares of the company’s stock worth $115,500,000 after buying an additional 1,962,586 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of ON by 119.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,738,692 shares of the company’s stock valued at $127,295,000 after acquiring an additional 1,492,917 shares during the period. 36.39% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on ONON shares. Truist Financial decreased their target price on shares of ON from $69.00 to $60.00 and set a “buy” rating for the company in a research report on Monday, November 10th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ON in a research note on Thursday, January 22nd. The Goldman Sachs Group upped their price objective on shares of ON from $50.00 to $52.00 and gave the stock a “neutral” rating in a report on Thursday, November 13th. Jefferies Financial Group restated an “underperform” rating and set a $31.00 target price on shares of ON in a report on Wednesday, November 12th. Finally, KeyCorp reduced their price target on ON from $68.00 to $58.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $59.86.

About ON

On Holding AG, commonly known as On, is a Swiss performance footwear and apparel company headquartered in Zurich. Founded in 2010, the company designs, develops and sells running shoes, performance apparel and accessories for road, trail and everyday use. On’s product philosophy centers on engineered cushioning and responsiveness intended to serve both serious athletes and lifestyle consumers.

On is best known for its proprietary midsole technology and distinctive sole architecture, marketed under names such as the Cloud family of shoes and related performance lines.