Streetbeat News

ONON

On Holding AG

Industry

Apparel - Retail

On Holding AG develops and distributes sports products worldwide. It offers athletic footwear, apparel, and accessories. The company offers its products through independent retailers and distributors, online, and stores. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.

Open

49.72

Mkt cap

16B

Volume

2.7M

High

51.75

P/E Ratio

88.84

52-wk high

52.80

Low

49.60

Div yield

N/A

52-wk low

24.15

Shares of On Holding (ONON) are being closely watched as traders circulate newsletter mentions. This increased attention could lead to short-term price movements.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 5:05 pm

Truist Securities analyst Joseph Civello maintains a Buy rating on On Holding (NYSE:ONON) with a $46 price target.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 11:21 am

JP Morgan analyst Grace Smalley maintains an Overweight rating on On Holding (NYSE:ONON) and raises the price target from $40 to $47.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 2:15 pm

Bernstein analyst Aneesha Sherman initiates coverage on On Holding (NYSE:ONON) with an Outperform rating and sets a price target of $50.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 1:00 pm

BofA analyst Christopher Nardone upgraded Skechers USA Inc (NYSE:SKX) from Neutral to Buy, raising the price target from $71 to $87 due to improving wholesale environment and solid footwear trends. The analyst also raised EPS estimates for 2Q24/F24 and highlighted significant international opportunities. Positive data points from other footwear brands like Crocs Inc (NASDAQ:CROX), Birkenstock Holding PLC (NYSE:BIRK), Deckers Outdoor Corp (NYSE:DECK), and On Holdings AG (NYSE:ONON) support the momentum in the category.

Portfolio Pulse from Shivani Kumaresan

June 07, 2024 | 5:16 pm

Telsey Advisory Group has maintained an Outperform rating on On Holding (NYSE:ONON) and raised the price target from $40 to $47.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:11 pm

Ten stocks, including NIO and Best Buy, were the best performers last week. Key drivers included strong earnings reports, raised guidance, and analyst upgrades.

Portfolio Pulse from Lekha Gupta

June 02, 2024 | 2:57 pm

On Holding AG (NYSE:ONON) has been upgraded from Hold to Buy by Truist Securities' Joseph Civello, with a price target increase from $34 to $46. The company is expected to benefit from strong trends and increased marketing efforts, especially with the upcoming Olympics. Nike Inc (NYSE:NKE) is also mentioned as pulling back on certain products, potentially benefiting On Holding.

Portfolio Pulse from Priya Nigam

May 28, 2024 | 3:49 pm

Truist Securities has upgraded On Holding (NYSE:ONON) from Hold to Buy and raised the price target from $34 to $46, as per analyst Joseph Civello.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 10:23 am

Loop Industries, Inc. (NASDAQ:LOOP) has announced a collaboration with Swiss sportswear brand On to launch the Cloudeasy Cyclon shoe, which features an upper made from Loop's 100% recycled polyester fiber using their Infinite Loop™ fiber-to-fiber recycling technology.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:53 pm

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