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ONON
$34.54-1.07 (-3.00%)
Market ClosedLast close May 1
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.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
On Holding AG in the Consumer Cyclical sector is trading at $34.54. The stock is currently near its 52-week low of $31.41, remaining 20.2% below its 200-day moving average. Technical signals show neutral RSI of 53 and bullish MACD crossover, explaining why ONON maintains its current current market pressure. The Whystock Score of 50/100 suggests a balanced risk-reward profile.
Ecosystem Influences
Neutral momentum (RSI 53) — price action in range
Long-term trend bearish (Price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
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Peer Comparison
AMZNTSLAHD
Whystock Valuation Model
Whystock fair value is estimated using a trailing P/E model adjusted for return on equity: Fair P/E = 18 + (ROE × 20). Fair Value = (Current Price ÷ Trailing P/E) × Fair P/E. A base P/E of 18 represents a typical market multiple, scaled upward for companies that earn high returns on equity. The result is a theoretical "normalised" price — not a price target or investment advice. Large deviations are common for high-growth or loss-making companies.
Current Price$34.54
Potential Downside
55.9%
Whystock Fair Value$15.25
Price
UndervaluedFair ValueOvervalued
Simplified model based on P/E and ROE. Not a substitute for full valuation analysis. Data may be delayed. See our Terms.
Analyst Consensus26 analysts
Buy
Mean target$56.57+63.8%
Range$24.07 – $86.23
Fundamentals
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...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$11.99B
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
46.44
Beta
High-beta play. Expect amplified moves vs. the broad market.
2.23
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROE
Average efficiency. Growth may require heavy reinvestment.
12.48%
Volume
Today's trading volume
7.19M
Recent News
On Holding (ONON) Stock Drops Despite Market Gains: Important Facts to Note
On Holding (ONON) closed the most recent trading day at $34.57, moving 2.92% from the previous trading session.
Nike’s Bottom May Have to Wait for a Dow Exit. What the Charts Say.
Year to date, the group has lagged the consumer discretionary sector, outperforming little beyond the struggling gaming cohort. There are pockets of resilience, with Crocs and On Holding AG attempting comebacks, but former category leader Nike has clearly lost its footing. Nike still trades nearly 50% below its 52-week high from last summer.
ON Holding Q1 earnings seen as potential catalyst for valuation re-rating, says UBS
ON Holding (NYSE:ONON)’s upcoming first quarter results could act as a catalyst for its valuation multiple, according to UBS, which expects solid underlying performance for the shoe-maker despite cautious investor sentiment. UBS said its channel checks indicate healthy revenue momentum in the...
On Holding Likely to Post Q1 Sales Beat on Solid Trends, UBS Says
On Holding (ONON) is likely to post Q1 sales growth beat and raise its 2026 guidance on solid toplin
Lululemon Founder Takes Aim at New CEO Pick, Escalates Proxy Fight
Lululemon founder Chip Wilson sent a letter to shareholders urging them to vote for his three board nominees, as he critiqued the company’s new CEO pick as evidence of “broken governance.”