On Holding's Revenue Grows Despite Market Challenges
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 15 2025
0mins
Should l Buy ONON?
Source: Investing
On Holding AG's stock has hit a 5-day low amid broader market declines, with the Nasdaq-100 down 0.64% and the S&P 500 down 0.40%.
Despite the overall market weakness, On Holding's Cloud footwear line has quadrupled its annual revenue since 2021, achieving a 23% year-over-year revenue increase last quarter and a record gross margin of 64%. This strong performance highlights On Holding's effective pricing strategy and resilience in a challenging consumer environment.
The company's growth momentum suggests a positive long-term outlook, even as it navigates through a tough retail landscape characterized by fluctuating consumer spending.
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Analyst Views on ONON
Wall Street analysts forecast ONON stock price to rise
21 Analyst Rating
18 Buy
2 Hold
1 Sell
Strong Buy
Current: 35.650
Low
30.00
Averages
60.79
High
85.00
Current: 35.650
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.
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- Leadership Change Concerns: Although On Holding's stock has declined over 21% year-to-date amid investor concerns regarding an upcoming leadership shakeup, analysts believe the long-term potential remains intact, suggesting now is a good time to buy shares.
- Market Consensus Support: According to LSEG data, of the 29 analysts covering On Holding, 25 have rated the stock as strong buy or buy, reflecting strong market confidence in the company's prospects.
See More
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