On Holding beats on top and bottom lines in fourth quarter, stock rises

On Holding AG (ONON) PT Raised to $62 at Williams Trading

Williams Trading analyst Sam Poser raised the price target on On Holding AG (NYSE: ONON) to $62.00 (from $60.00) while maintaining a Buy rating.

Needham on On Holding AG (ONON): 'we remain bullish'

Needham analyst Tom Nikic reiterated a Buy rating and $64.00 price target on On Holding AG (NYSE: ONON).

The analyst comments "ONON remains one of the highest-momentum names in our coverage, and we remain bullish based on growing brand awareness, distribution expansion (both... More

Stifel Reiterates Buy Rating on On Holding AG (ONON)

Stifel analyst Jim Duffy reiterated a Buy rating and $66.00 price target on On Holding AG (NYSE: ONON).

The analyst comments "FY4Q revenue accelerated (+40.6% cc vs. +33.2% cc in FY3Q) led by upside to both DTC and wholesale. 4Q24 adj. EBITDA... More

Telsey Reiterates Outperform Rating on On Holding AG (ONON)

Telsey analyst Cristina Fernandez reiterated an Outperform rating and $67.00 price target on On Holding AG (NYSE: ONON)

The analyst comments "TAG View: On ended 2024 on a strong note with all metrics coming in slightly above expectations, including sales growth of 36% vs. TAG at 35% and FactSet (FS) consensus expectations of 33%, an all-time high gross margin of 62.1% vs. TAG at 61.4% and FS at 61.5%, and adjusted EBITDA of CHF 99MM vs. TAG/FS at... More

Evercore ISI Reiterates Outperform Rating on On Holding AG (ONON)

Evercore ISI analyst Michael Binetti reiterated an Outperform rating and $60.00 price target on On Holding AG (NYSE: ONON)

THe analyst comments "Bottom Line: ONON beat 4Q expectations solidly on high quality, with upside from revenue and GM, with EPS at $0.28 (ISI/Street $0.17/0.18). Were encouraged that DTC momentum continued at +48% YOY ex-FX (a ~2.5pp decel vs... More

Citi Reiterates Neutral Rating on On Holding AG (ONON)

Citi analyst Paul Lejuez reiterated a Neutral rating and $65.00 price target on On Holding AG (NYSE: ONON).

The analyst comments "4Q EPS CHF 0.33 (incl ~0.12 FX revaluation benefit) were a big beat vs cons 0.13 driven by stronger sales (+36% vs cons +33%) and GM... More

Raymond James Reiterates Strong Buy Rating on On Holding AG (ONON)

Raymond James analyst Rick Patel reiterated a Strong Buy rating and $68.00 price target on On Holding AG (NYSE: ONON)

The analyst comments "ONON reported a 4Q24 beat with revenue +36% (RJe and VA Street +33%), GM% +168bp to 62.1% (RJe +125bp; Street +120bp), and EBITDA% +30bp to 16.4% (RJe -60bp; Street +25bp).... More