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Stock impact report

Why Do Analysts See 70% Upside in On Holding (ONON)? [Yahoo! Finance]

On Holding AG Class A Ordinary Shares (ONON) 
Company Research Source: Yahoo! Finance
On Holding AG (NYSE:ONON) combines a significant leadership change with ongoing analyst confidence in its long-term growth plan. As of April 6, 2026, On Holding AG (NYSE:ONON) boasts a consensus price target of $56.73, which implies a roughly 70% upside. Over 80% of covering analysts maintain bullish ratings on the stock, making it one of the good stocks to buy. The stock is down roughly 30% year-to-date. On March 25, 2026, Telsey Advisory reduced its price target to $60 from $65 while maintaining an “Outperform” rating. The firm cites the CEO change as a source of near-term risk, despite On Holding AG (NYSE:ONON)'s steady growth and profitability trajectory, supported by product innovation, 20 to 25 store openings per year, wholesale door expansion, increased apparel penetration, expansion in underpenetrated markets, and ongoing marketing spending. Amid record 2025 net sales that surpassed CHF 3 billion, On Holding AG (NYSE:ONON) announced a broader leadership reorganization o Show less Read more
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