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On (ONON) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ONON Stock Forecast

On (ONON) stock forecast, based on 20 Wall Street analysts, predicts a 12-month average price target of $59.67, with a high of $73.00 and a low of $40.00. This represents a 40.40% increase from the last price of $42.50.

$25 $35 $45 $55 $65 $75 High: $73 Avg: $59.67 Low: $40 Last Closed Price: $42.5

ONON Stock Rating

On stock's rating consensus is Buy, based on 20 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 17 Buy (85.00%), 3 Hold (15.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 20 0 3 17 Strong Sell Sell Hold Buy Strong Buy

ONON Price Target Upside V Benchmarks

TypeNameUpside
StockOn40.40%
SectorConsumer Cyclical Stocks 29.57%
IndustryApparel Retail Stocks40.32%

Price Target Trends

1M3M12M
# Anlaysts-128
Avg Price Target-$73.00$49.61
Last Closing Price$42.50$42.50$42.50
Upside/Downside-71.76%16.73%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 257184--29
Mar, 257164--27
Feb, 258163--27
Jan, 258163--27
Dec, 248153--26
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 05, 2025UBS$73.00$52.4839.10%71.76%
Nov 21, 2024Rick PatelRaymond James$63.00$56.1912.12%48.24%
Nov 12, 2024Janine StichterBTIG$64.00$52.6221.63%50.59%
Nov 12, 2024Richard EdwardsGoldman Sachs$57.00$52.628.32%34.12%
Nov 12, 2024Joseph CivelloTruist Financial$61.00$52.6215.93%43.53%
Nov 06, 2024Sam PoserWilliams Trading$40.00$47.58-15.93%-5.88%
Oct 03, 2024Anna AndreevaPiper Sandler$56.00$49.1813.87%31.76%
Oct 03, 2024Joseph CivelloTruist Financial$58.00$49.1717.96%36.47%
Sep 23, 2024Ashley WallaceBank of America Securities$55.00$50.488.95%29.41%
Sep 18, 2024Jim DuffyStifel Nicolaus$59.00$49.2519.80%38.82%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 11, 2025HSBCHoldBuyupgrade
Mar 05, 2025UBSBuyBuyhold
Mar 05, 2025BarclaysOverweightOverweighthold
Jan 10, 2025UBSBuyBuyhold
Jan 08, 2025Cowen & Co.BuyBuyhold
Jan 07, 2025BernsteinOutperformOutperformhold
Dec 18, 2024CitigroupBuyNeutralinitialise
Nov 21, 2024Raymond JamesOutperformStrong Buyupgrade
Nov 13, 2024Cowen & Co.BuyBuyhold
Nov 12, 2024BTIGBuyupgrade

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.34$0.18$0.23-----
Avg Forecast$-0.20$0.28$0.49$0.82$0.92$1.23$1.80$2.34
High Forecast$-0.19$0.29$0.53$0.91$1.04$1.62$1.87$2.44
Low Forecast$-0.20$0.27$0.38$0.70$0.84$0.93$1.74$2.27
Surprise %70.00%-35.71%-53.06%-----

Revenue Forecast

$500M $2B $3B $4B $5B $7B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$724.59M$1.22B$1.68B-----
Avg Forecast$781.05M$1.22B$2.14B$2.54B$3.23B$3.99B$5.00B$6.05B
High Forecast$805.06M$1.26B$2.21B$2.58B$3.29B$4.15B$5.17B$6.24B
Low Forecast$766.36M$1.20B$2.07B$2.48B$3.14B$3.82B$4.84B$5.89B
Surprise %-7.23%-0.10%-21.36%-----

Net Income Forecast

$-200M $0 $200M $400M $600M $800M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-170.23M$57.70M$79.60M-----
Avg Forecast$-63.18M$90.35M$147.51M$259.23M$303.34M$346.53M$583.73M$757.65M
High Forecast$-61.64M$93.47M$171.11M$292.92M$334.99M$524.71M$605.46M$788.81M
Low Forecast$-65.71M$88.36M$123.91M$225.55M$271.68M$299.47M$562.01M$732.19M
Surprise %169.43%-36.14%-46.04%-----

ONON Forecast FAQ

Is On stock a buy?

On stock has a consensus rating of Buy, based on 20 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 17 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that On is a favorable investment for most analysts.

What is On's price target?

On's price target, set by 20 Wall Street analysts, averages $59.67 over the next 12 months. The price target range spans from $40 at the low end to $73 at the high end, suggesting a potential 40.40% change from the previous closing price of $42.5.

How does On stock forecast compare to its benchmarks?

On's stock forecast shows a 40.40% upside, outperforming the average forecast for the consumer cyclical stocks sector (29.57%) and outperforming the apparel retail stocks industry (40.32%).

What is the breakdown of analyst ratings for On over the past three months?

  • April 2025: 24.14% Strong Buy, 62.07% Buy, 13.79% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 25.93% Strong Buy, 59.26% Buy, 14.81% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 29.63% Strong Buy, 59.26% Buy, 11.11% Hold, 0% Sell, 0% Strong Sell.

What is On’s EPS forecast?

On's average annual EPS forecast for its fiscal year ending in December 2024 is $0.82, marking a 256.52% increase from the reported $0.23 in 2023. Estimates for the following years are $0.92 in 2025, $1.23 in 2026, $1.8 in 2027, and $2.34 in 2028.

What is On’s revenue forecast?

On's average annual revenue forecast for its fiscal year ending in December 2024 is $2.54B, reflecting a 51.15% increase from the reported $1.68B in 2023. The forecast for 2025 is $3.23B, followed by $3.99B for 2026, $5B for 2027, and $6.05B for 2028.

What is On’s net income forecast?

On's net income forecast for the fiscal year ending in December 2024 stands at $259.23M, representing an 225.67% increase from the reported $79.6M in 2023. Projections indicate $303.34M in 2025, $346.53M in 2026, $583.73M in 2027, and $757.65M in 2028.