ON Holding AG Rises 0.02% on $0.2B Volume Ranking 493rd as Analysts Highlight Shifting Earnings Expectations

On Holding AG (ONON) saw a 0.02% rise on September 3, 2025, with a trading volume of $0.2 billion, ranking 493rd in market activity. Analysts highlight shifting earnings expectations as a key factor influencing the stock’s trajectory. The Zacks Consensus Estimate for the current quarter’s earnings stands at $0.34 per share, reflecting a year-over-year increase of 100%, though the estimate has declined 31.8% over the past month. For the current fiscal year, the consensus forecast of $0.84 per share indicates a 23.6% decline from prior expectations, with a 47.6% drop in the last 30 days. However, projections for the next fiscal year show a 84.8% increase from the previous year, supported by a 2.6% upward revision in estimates.

Valuation metrics suggest ONON is trading at a premium relative to peers, earning a Zacks Value Style Score of F. Revenue growth estimates remain robust, with $940.31 million expected for the current quarter—a 28% year-over-year increase—and $3.67 billion and $4.5 billion projected for the current and next fiscal years, respectively. Despite this, the company’s recent financial results were mixed: while revenue of $907.78 million in the last quarter exceeded estimates by 6.7%, earnings per share of -$0.11 fell sharply, marking a 145.83% negative surprise compared to the prior year.

Backtesting data from Zacks indicates a strong correlation between earnings estimate revisions and short-term price movements. ONON’s Zacks Rank of #3 (Hold) reflects the magnitude of recent consensus changes and other earnings-related factors. The stock’s valuation and earnings dynamics suggest it may align with broader market performance in the near term, though investors should monitor evolving revenue growth and cost management strategies to assess long-term potential.