On Holding AG Surges to 262nd in Daily Rankings with $48.7 Million Turnover

Generated by AI AgentAinvest Market Brief
Monday, May 12, 2025 8:49 pm ET1min read
ONON--

On May 12, 2025, On Holding AGONON-- (ONON) saw a significant surge in trading volume, with a turnover of $48.7 million, marking a 275.8% increase from the previous day. This substantial rise in trading activity placed ONONONON-- at the 262nd position in the daily stock market rankings. The stock price of ONON increased by 3.82%.

On Holding AG is set to release its first-quarter 2025 earnings report on May 13, 2025, before the market opens. Analysts are forecasting a nearly 46% increase in revenue to $821 million, with footwear sales expected to rise by 45% to $775 million. The company's earnings per share (EPS) is anticipated to be $0.26. The next quarter's earnings estimate for ONON is $0.24, with a range of $0.12 to $0.32. The previous quarter's EPS was $0.40.

Analysts have been actively revising their price targets and ratings for ONON. Telsey Advisory Group decreased their price objective from $67.00 to $65.00 and maintained an "outperform" rating. Piper Sandler reduced their price target from $62.00 to $55.00 and kept an "overweight" rating. HSBC upgraded ONON from a "hold" to a "buy" rating with a price objective of $58.00. KeyCorp lowered their price target from $68.00 to $60.00 while maintaining an "overweight" rating. The consensus rating for ONON is currently a "Buy" with a consensus price target of $58.73.

On Holding AG is a company that specializes in the development and distribution of sports products, including footwear, apparel, and accessories designed for high-performance running, outdoor activities, and everyday use. The company's products are sold globally through independent retailers, distributors, its own online platforms, and high-end stores.

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