On Holding AG highlighted for potential gains at ICR Conference
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 14 Jan 26
Source: SeekingAlpha
On Holding AG's stock has hit a 20-day low amid a broader market decline, with the Nasdaq-100 down 1.60% and the S&P 500 down 0.97%.
The ICR Conference, taking place from January 12-14, features On Holding AG among five companies identified by analysts as having potential for share price gains following their presentations. This event typically boosts retail sector performance, which may positively influence On Holding AG's stock despite current market conditions.
As the retail sector often outperforms during the ICR Conference, On Holding AG could see renewed investor interest, potentially reversing its recent downward trend.
Analyst Views on ONON
Wall Street analysts forecast ONON stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ONON is 60.79 USD with a low forecast of 30.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
21 Analyst Rating
18 Buy
2 Hold
1 Sell
Strong Buy
Current: 44.860
Low
30.00
Averages
60.79
High
85.00
Current: 44.860
Low
30.00
Averages
60.79
High
85.00
About ONON
On Holding AG is a Switzerland-based company active in athletic sports accesories industry. The Company provides footwear and sports apparel and is engaged in developing and distributing performance sports products, through independent retailers and global distributors. The Company sells its products trough the internet and its own stores.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
