On Holding AG (ONON) Stock Forecast
ONON analyst forecast
as of October 17, 2026- Analyst consensus
- Buy 4.29 / 5 from 31 analysts
- Price target
- $44.01 average of analyst targets
- Upside to target
- +26.7% from the latest close
- Next earnings
- November 11, 2026 EPS estimate $0.42
- 52-week range
- $26.76 – $50.63
ONON analyst ratings
31 analystsNumber of analysts at each rating.
ONON price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
ONON earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.40 | $0.34 | $0.52 | $0.43 | −7.6% | 16 |
| Current fiscal year (2026) | $1.43 | $1.37 | $1.54 | $0.80 | +78.9% | 23 |
| Next fiscal year (2027) | $1.71 | $1.58 | $1.90 | $1.43 | +19.4% | 23 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
ONON revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $931.0M | $874.0M | $954.0M | +17.2% | 22 |
| Current fiscal year (2026) | $3.51B | $3.42B | $3.55B | +16.6% | 30 |
| Next fiscal year (2027) | $4.18B | $3.52B | $4.36B | +19.0% | 30 |
ONON EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
ONON revenue: reported and forecast
ONON EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.40 | $0.39 | $0.39 | $0.40 | $0.40 | −0.0% | 2 up · 3 down |
| Current fiscal year (2026) | $1.41 | $1.41 | $1.42 | $1.43 | $1.43 | +1.3% | 4 up · 4 down |
| Next fiscal year (2027) | $1.74 | $1.68 | $1.66 | $1.71 | $1.71 | −1.5% | 11 up · 2 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
ONON earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; ONON beat in 7 of 12.
What analysts expect from ONON
31 analysts cover On; their consensus rating is buy (4.29 on a 1–5 scale, where 5 is a strong buy). The average price target is $44.01, 26.7% above the latest close of $34.75. Analysts expect earnings of $1.43 per share for 2026, +78.9% from a year earlier. For 2027 the average estimate is $1.71 per share on revenue of $4.2 billion. On beat the EPS estimate in 7 of the last 12 quarters.
Related: ONON income statement, ONON key metrics, ONON chart. See the ONON stock overview for the latest quote and news.
ONON forecast FAQ
What is On's price target?
The average analyst price target for On is $44.01, 26.7% above the latest close of $34.75.
Is On a buy, hold or sell?
Of 31 analysts covering On, 17 rate it a strong buy, 8 a buy, 5 a hold, 0 a sell and 1 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is On's EPS forecast?
Analysts forecast $1.43 per share for 2026 (range $1.37 to $1.54); for 2027 the estimate is $1.71.
What is On's revenue forecast?
The average revenue estimate for 2026 is $3.5 billion, growth of 16.6%; for 2027 it is $4.2 billion.
When does On report earnings?
On is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 before the market opens; the EPS estimate is $0.42.
Does On usually beat earnings estimates?
On reported EPS at or above the analyst estimate in 7 of the last 12 quarters.