On May 14, 2025, Needham analyst Tom Nikic maintained a "Buy" rating on On Holding (ONON, Financial), reflecting continued confidence in the company's performance and future prospects. The decision to maintain the rating indicates the analyst's positive long-term view on the stock's potential.
Additionally, Tom Nikic raised the price target for On Holding (ONON, Financial) from $55.00 to $62.00 USD. This adjustment represents a significant increase of 12.73% from the previous target, suggesting an optimistic outlook for the stock's valuation moving forward.
The upward revision in the price target indicates that Needham anticipates favorable market conditions for On Holding (ONON, Financial), and expects the company to achieve growth objectives.
Investors and market observers will be watching closely to see how On Holding (ONON, Financial) performs in the coming quarters, now that the analyst has set higher expectations with the updated price target.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for On Holding AG (ONON, Financial) is $59.22 with a high estimate of $82.95 and a low estimate of $49.24. The average target implies an upside of 3.21% from the current price of $57.38. More detailed estimate data can be found on the On Holding AG (ONON) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, On Holding AG's (ONON, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for On Holding AG (ONON, Financial) in one year is $51.77, suggesting a downside of 9.78% from the current price of $57.38. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the On Holding AG (ONON) Summary page.
