On Holding AG rises 5.01% amid market strength
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 05 Jan 26
Source: Business Insider
On Holding AG's stock price increased by 5.01% today, crossing above the 5-day SMA, reflecting a positive trading environment.
This rise is attributed to broad market strength, with the Nasdaq-100 up 1.06% and the S&P 500 up 0.72%, indicating a favorable sentiment among investors.
The upward movement in On Holding AG's stock suggests that the company is benefiting from the overall positive trends in the market, which may enhance investor confidence moving forward.
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.
