BackOn Holding AG Overview
On Holding AG - Ordinary Shares Class A

On Holding AG Target Price

Analysts' average 12-month price target for On Holding AG is $48.

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Share Price

$31.03

Average Target Price

$48.0054.7% upside

18 analysts in the last 4 months

High: $83 | Low: $20

Analyst Recommendations

No recommendations in the last 4 months.

Revenue & Income Forecast

Analysts' Target Prices

DateAnalystPrice TargetCurrent Upside/Downside
2026-08-12BernsteinAneesha Sherman$6299.8% upsideOpen
2026-08-12Goldman Sachs$4235.4% upsideOpen
2026-08-12Evercore ISIMichael Binetti$4028.9% upsideOpen
2026-08-12Robert W. Baird$5577.2% upsideOpen
2026-08-12BarclaysAdrienne Yih$4235.4% upsideOpen
2026-08-12Telsey AdvisoryCristina Fernandez$4338.6% upsideOpen
2026-08-12Raymond JamesRick Patel$3822.5% upsideOpen
2026-08-11Truist FinancialJoseph Civello$4028.9% upsideOpen
2026-08-11Jefferies$2035.5% downsideOpen
2026-08-11Williams TradingSam Poser$323.1% upsideOpen
2026-08-07Evercore ISIMichael Binetti$4648.2% upsideOpen
2026-07-29UBSJay Sole$82164.3% upsideOpen
2026-07-29UBS$83167.5% upsideOpen
2026-05-13Telsey Advisory$5164.4% upsideOpen
2026-05-13Barclays$4648.2% upsideOpen
2026-05-12Evercore ISI$4235.4% upsideOpen
2026-05-12Truist FinancialJoseph Civello$4854.7% upsideOpen
2026-04-23Raymond JamesStrong Buy$5267.6% upsideOpen
2026-03-27Evercore ISIMichael Binetti$4545% upsideOpen
2026-03-26Telsey AdvisoryCristina Fernandez$6093.4% upsideOpen
2026-03-03Truist FinancialJoseph Civello$5577.2% upsideOpen
2026-03-03Stifel NicolausPeter McGoldrick$5886.9% upsideOpen
2026-03-03Evercore ISIMichael Binetti$5886.9% upsideOpen
2026-02-26NeedhamTom Nikic$5267.6% upsideOpen
2026-01-28Stifel NicolausJim Duffy$6093.4% upsideOpen
2026-01-22KeyBancAshley Owens$5886.9% upsideOpen
2026-01-19Goldman Sachs$5990.1% upsideOpen
2026-01-08Williams TradingSam Poser$4751.5% upsideOpen
2025-12-29UBS$85173.9% upsideOpen
2025-12-09Guggenheim$5990.1% upsideOpen
2025-11-25Piper Sandler$6093.4% upsideOpen
2025-11-12JefferiesRandal Konik$310.1% downsideOpen
2025-11-10Truist Financial$6093.4% upsideOpen
2025-11-06Piper SandlerAnna Andreeva$5577.2% upsideOpen
2025-11-04BTIGJanine Stichter$70125.6% upsideOpen
2025-10-27Goldman Sachs$5061.1% upsideOpen
2025-10-21Raymond JamesRick Patel$5577.2% upsideOpen
2025-08-13UBSJay Sole$79154.6% upsideOpen
2025-08-13JefferiesRandal Konik$4028.9% upsideOpen
2025-05-14Truist FinancialJoseph Civello$69122.4% upsideOpen
2025-05-14UBSJay Sole$75141.7% upsideOpen
2025-05-14BarclaysAdrienne Yih$68119.1% upsideOpen
2025-05-13NeedhamTom Nikic$6299.8% upsideOpen
2025-04-28UBSJay Sole$5990.1% upsideOpen
2025-03-05UBS$73135.3% upsideOpen
2024-11-21Raymond JamesRick Patel$63103% upsideOpen
2024-11-12BTIGJanine Stichter$64106.3% upsideOpen
2024-11-12Goldman SachsRichard Edwards$5783.7% upsideOpen
2024-11-12Truist FinancialJoseph Civello$6196.6% upsideOpen
2024-11-06Williams TradingSam Poser$4028.9% upsideOpen

On Holding AG (ONON) FAQ

On Holding AG's target price stands at $48. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

The Street's average target of $48 for ONON implies 54.7% upside versus today's price ($31.03). Positive implied upside usually reflects optimism on growth or margins, while a large downside can signal valuation or fundamental concerns. Check recommendation mix and recent target changes for more context.

The history chart shows how On Holding AG's target price evolved across reporting periods, while the comparison chart places ONON next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.

Yes — within Consumer Discretionary, target price is commonly used to spot outliers. On Holding AG's reading of $48 is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.