On Holding AG (ONON) Shares Soar 4.16% on Analyst Upgrade
16min read On Holding AG (ONON) shares surged 4.16% intraday, marking the highest level since March 2025, with a two-day consecutive rise of 3.15%.
The strategy of buying onon shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 9.77% annualized gain. This result suggests that the strategy captured some of the subsequent price appreciation, but the returns were not significantly boosted by it, indicating opportunities for improvement.On May 8, 2025, on holding AG's stock price experienced a significant increase, driven by several key factors. Analysts from Needham raised their price target for On Holding from $50 to $55, while maintaining a Buy rating. This move reflects a positive outlook on the company's future performance and has likely bolstered investor confidence.
Additionally, analysts anticipate that on holding ag will report quarterly earnings of $0.24 per share and revenue of $676.32 million. These expectations could influence the stock's performance, as actual results will be closely compared to these projections. Investors are likely monitoring these figures to gauge the company's financial health and growth prospects.
Ask Aime: On Holding AG's stock surged 4.16% intraday, highest level since March 2025, with a 3.15% two-day rise.
