In the most recent trading session, On Holding (ONON) closed at $42.47, indicating a -3.3% shift from the previous trading day.
Recently, Zacks.com users have been paying close attention to On Holding (ONON). This makes it worthwhile to examine what the stock has in store.
On Holding's recent stock decline is due to market rotation, not fundamentals, creating a compelling entry point for long-term investors. The company is gaining significant market share from Nike, with strong brand momentum, celebrity endorsements, and rapid growth in Asia. On's expanding product lines and best-in-class gross margins position it as an affordable luxury brand with robust pricing power.
Recently, Zacks.com users have been paying close attention to On Holding (ONON). This makes it worthwhile to examine what the stock has in store.
The company is capitalizing on its technology, brand strength, and Nike's fall from grace to drive and sustain a hyper-growth pace while cementing itself in the investment and consumer landscape.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
On Holding AG (NYSE:ONON ) Q2 2025 Earnings Conference Call August 12, 2025 8:00 AM ET Company Participants David Allemann - Co-Founder & Executive Co-Chairman Liv Radlinger - Corporate Participant Martin Hoffmann - CEO & CFO Conference Call Participants Anna A. Andreeva - Piper Sandler & Co., Research Division Aubrey Leland Tianello - BNP Paribas Exane, Research Division Cristina Fernández - Telsey Advisory Group LLC Jay Daniel Sole - UBS Investment Bank, Research Division John David Kernan - TD Cowen, Research Division Michael Charles Binetti - Evercore ISI Institutional Equities, Research Division Operator Thank you for standing by.
Footwear stock On Holdings AG (NYSE:ONON) is up 8.3% at $49.57, after the company announced better-than-expected second-quarter results, including record sales, and lifted its full-year revenue forecast despite Vietnam tariffs.
The strength of the Swiss franc compared weighed on profit, but sales momentum remains strong, analysts say.
On Holding (ONON) shares soared 16% in premarket trading when the high-end sneaker maker posted better-than-expected results and boosted its guidance on booming direct-to-consumer (DTC) sales.
On Holding (ONON) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of $0.24. This compares to earnings of $0.16 per share a year ago.
Swiss sportswear company On beat Wall Street's revenue expectations. The sneaker company, credited with taking market share from Nike, grew sales 32% in its second quarter and raised its full-year revenue guidance.