ONON

On Holding AG Class A Ordinary Shares (ONON)

Stock · NYSE · Consumer Discretionary

$34.74as of 10/16/2026

AI Market Commentary

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Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

October 17, 2026

On Holding faces scrutiny over premium pricing and sales targets. Recent reports question whether On Holding can sustain its growth trajectory while maintaining a premium pricing strategy. The company is targeting nearly $7 billion in sales, a goal that raises questions about market saturation and consumer demand. These headlines come as the stock has recently declined more sharply than the broader market, highlighting potential risks in the consumer sector.

Active signals

Resistance level
$35.14
Industry
Shoe Manufacturing

What ONON's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Volume Spike32+2.2%56%
Bollinger Band Breakdown21-1.1%48%
Bollinger Band Breakout19+1.8%53%
200-Day Moving Average TouchActive now15-3.9%27%
Any 20-session window (baseline)+0.2%50%

Computed by MarketWall from daily closing prices since June 30, 2022. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About ONON

On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific. The company offers athletic footwear, apparel, and accessories for performance running, performance outdoor, performance all day, performance training, performance tennis, a…

Sector
Consumer Discretionary
Industry
Shoe Manufacturing
Employees
3,963

Fundamentals

1-day range
$34.88$36.08
Market cap
$23.83B
P/E (trailing)
24.28
P/E (forward)
17.13
EPS (trailing)
$1.18
Dividend yield
—
Beta
2.12
Avg. volume
9.34M
52-week range
$26.37$51.08
Next earnings: November 11, 2026 · EPS estimate $0.40Before Openconfirmed

Forecasts

30 analyst ratings

Buy 83%
Hold 14%
Sell 3%
1-year price forecast
High
$72.06
+107.4%
Median
$42.23
+21.6%
Low
$20.12
-42.1%

On Holding AG Class A Ordinary Shares Competitors

Chosen by industry and closest market cap.

  • ONON
    On Holding AG Class A Ordinary Shares
    $34.75
    ▼ 1.25%
    Market cap $23.83BP/E 24.28
    $26.37$51.08
  • DECK
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    ▼ 1.00%
    Market cap $13.35BP/E 11.33
    $77.2$122.29
  • BIRK
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    Market cap $6.84BP/E 16.95
    $29.93$50.73
  • CROX
    Crocs Inc. Common Stock
    $123.14
    ▼ 1.31%
    Market cap $6.43BP/E 9.84
    $73.21$141.28
  • SHOO
    Steven Madden Ltd. Common Stock
    $45.27
    ▼ 2.10%
    Market cap $3.53BP/E 22.46
    $31.33$49.7
  • WWW
    Wolverine World Wide Inc. Common Stock
    $19.79
    ▼ 1.15%
    Market cap $1.56BP/E 13.90
    $13.47$27.73
  • CAL
    Caleres Inc. Common Stock
    $12.98
    ▼ 1.22%
    Market cap $485.71MP/E 7.91
    $8.8$15.04

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions →
Acquired
18.5K
Disposed
7.9K

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