William Blair Issues Optimistic Estimate for ON Earnings

On Holding AG (NYSE:ONON) – Research analysts at William Blair boosted their Q2 2025 earnings per share estimates for ON in a report issued on Monday, May 19th. William Blair analyst D. Carden now anticipates that the company will post earnings per share of $0.17 for the quarter, up from their prior estimate of $0.16. The consensus estimate for ON’s current full-year earnings is $0.66 per share. William Blair also issued estimates for ON’s Q4 2025 earnings at $0.16 EPS, FY2025 earnings at $0.78 EPS and FY2026 earnings at $1.14 EPS.

A number of other equities research analysts have also recently issued reports on ONON. Citigroup upgraded ON from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $65.00 to $60.00 in a report on Monday, April 28th. Needham & Company LLC boosted their price objective on ON from $55.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, May 14th. Evercore ISI boosted their price objective on ON from $60.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, May 14th. Raymond James restated a “strong-buy” rating on shares of ON in a report on Wednesday, May 14th. Finally, Robert W. Baird boosted their price objective on ON from $63.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, May 14th. Two analysts have rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $62.45.

ON Stock Performance

ON stock opened at $58.74 on Thursday. ON has a 52 week low of $34.59 and a 52 week high of $64.05. The stock has a market capitalization of $36.99 billion, a P/E ratio of 136.61, a PEG ratio of 1.02 and a beta of 2.30. The stock has a 50-day simple moving average of $47.16 and a 200 day simple moving average of $52.03.

Institutional Investors Weigh In On ON

Hedge funds and other institutional investors have recently made changes to their positions in the business. Montag A & Associates Inc. acquired a new stake in shares of ON in the first quarter valued at approximately $26,000. TCTC Holdings LLC raised its position in shares of ON by 118.4% in the first quarter. TCTC Holdings LLC now owns 581 shares of the company’s stock valued at $26,000 after buying an additional 315 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in ON during the fourth quarter valued at approximately $30,000. Park Square Financial Group LLC acquired a new position in ON during the fourth quarter valued at approximately $32,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new position in ON during the first quarter valued at approximately $32,000. 36.39% of the stock is currently owned by institutional investors and hedge funds.

ON Company Profile

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores.