Will onon go up in the next three months

**On Holding AG's stock is likely to experience growth in the next three months.** Here's the analysis to support this conclusion: 1. **Positive Earnings Trend**: On Holding AG's financial performance has shown a positive trend with a quarter-over-quarter increase in sales of 26.98%. This indicates a strong sales growth, which is a positive indicator for future performance. 2. **Analyst Ratings and Price Targets**: The stock has received an "overweight" rating from Piper Sandler with a price target of $52.00, suggesting that analysts believe the stock has potential to increase in value. Additionally, other brokerages have set price targets ranging from $40.00 to $55.00, with several giving a "buy" rating. 3. **Technical Indicators**: The stock's technical indicators show potential for growth. The 52-week range for On Holding AG is $23.41 to $45.06, and the simple moving average has increased by 41.34% in the last 200 days. This suggests that the stock is in an uptrend. 4. **Market Sentiment**: The sentiment around On Holding AG is positive. The company has an average rating of "Moderate Buy" with an average target price of $45.83, indicating a consensus among analysts that the stock has potential to rise. 5. **Financial Health**: The company's financial health is robust, with a debt-to-equity ratio of 0% and a cash and short-term investment balance of CHF 671.9 million, which is more than its debt. This indicates financial stability and the ability to invest in growth opportunities. 6. **Return on Capital Employed (ROCE)**: The company's ROCE is 12%, which is around the 13% generated by the Luxury industry. This suggests that the company is generating returns on its capital effectively, which is a positive sign for future performance. In conclusion, the combination of positive earnings trends, analyst ratings and price targets, strong technical indicators, positive market sentiment, and robust financial health all point to a potential increase in On Holding AG's stock price in the next three months.