ONON News & Analysis
3 articles
Market Mood
On Holding (ONON) Q1 2026 Revenue Beats Estimates at $1.07B
On Holding (ONON) reported Q1 2026 revenue of $1.07 billion, exceeding estimates by 22%, with a gross margin of 64% and a 44% year-over-year increase in Asia-Pacific revenue. However, the company absorbed $70.43 million in tariffs during the quarter, prompting KeyBanc to reduce its price target from $58 to $43 while maintaining an Overweight rating. Despite tariff pressures, KeyBanc views ONON's 23%-plus growth guidance as achievable. The stock closed at $33.83 on May 12, down approximately 27% year-to-date.
Read More
On Holding (ONON): Jim Cramer Advises to Avoid Investment
Limited data available — Jim Cramer recommends avoiding On Holding (ONON) for potential investors. The advisory suggests looking for other opportunities, but no specific numbers or official statements are provided regarding the company's performance or prospects. Cramer's guidance may influence investor sentiment, yet without concrete data, the impact on markets remains unclear. As such, investors are advised to carefully consider their options.
Read More
On Holding (ONON) Price Target Lowered to $45 by Evercore ISI
Evercore ISI analyst Michael Binetti has lowered the price target for On Holding AG (NYSE:ONON) to $45 from $58 while maintaining an Outperform rating. This change follows the announcement of the CEO's departure, which introduces new uncertainties. Telsey Advisory also adjusted its target, reducing it from $65 to $60 but still emphasized growth potential from product innovation and expansion. Despite the leadership transition, BTIG reiterated a Buy rating and set a target at $70, suggesting confidence in the company's future trajectory.
Read More