ONON Stock Analysis: Buy, Sell, or Hold?
ONON - On Holding AG
$34.77
0.75 (2.20%)
ā²
5d:
-1.11%
30d:
-20.82%
90d:
-26.72%
HOLD
MODERATE Confidence
Analysis Updated: Apr 1, 2026 12:00 AM ET
Earnings: May 12, 2026
Smart Money Accumulation
ONON is down 18.4% this week, but smart money is accumulating calls. Top strike: $30 2026-05-15 with 5,996 OI. Call ratio: 80% View Scanner →
Strength: 10.0/10
Get Alerted When ONON Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
š HOLD: ONON shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
š HOLD: ONON shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$78.43
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$48.70
28.6% Margin of Safety
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: ONON is currently trading at $34.77, which is considered oversold relative to its 30-day fair value range of $35.49 to $44.91. From a valuation perspective, the stock is trading at a discount (Forward PE: 21.6) compared to its historical average (31.9). Remarkably, the market is currently pricing in an annual earnings decline of 12.2% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, ONON is in a strong downtrend. Immediate support is located at $31.41, while resistance sits at $40.52.
Market Sentiment: ONON has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. Wall Street analysts see significant upside, with an average price target of $56.63 (+62.9%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, ONON is in a strong downtrend. Immediate support is located at $31.41, while resistance sits at $40.52.
Market Sentiment: ONON has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. Wall Street analysts see significant upside, with an average price target of $56.63 (+62.9%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
OVERSOLD
Fair Price Range
$35.49 -
$44.91
Company Quality Score
47/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
57.1%
Protect Your Profits
Holding ONON? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BULLISH: Price oversold vs 30-day range
- BEARISH: Weak technical setup (25/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 62.9% below Wall St target ($56.63)
Fair Price Analysis
30-Day Fair Range
$35.49 -
$44.91
Current vs Fair Value
OVERSOLD
Support & Resistance Levels
Support Level
$31.41
Resistance Level
$40.52
Current Trend
Strong Downtrend
Technical data as of
Apr 1, 2026
Fundamental Context
Forward P/E (Next Year Est.)
21.58
Wall Street Target
$56.63
(+62.9%)
Revenue Growth (YoY)
22.6%
Earnings Growth (YoY)
-24.0%
Profit Margin
6.8%
Valuation Discount vs History
-12.2% cheaper
PE vs Historical
21.6 vs 31.9
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-12.2%
(market-implied from PE analysis)
1-Year Target
$31.29
(-10%)
2-Year Target
$28.16
(-19%)
3-Year Target
$25.35
(-27%)
3-Yr Target (if PE normalizes)
(PE: 22ā32)
$37.46
(+8%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.4, Growth: 25.5%)
$71.25
(+105%)
Base:
(SPY PE: 21.6, Growth: 25.5%)
$68.80
(+98%)
Bear:
(PE: 18.3, Growth: 25.5%)
$58.48
(+68%)
š
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (49x PE), but valuation improves significantly next year (22x PE) as earnings recover.
Trailing PE: 48.91 | Current EPS (TTM): $0.77
Bull Case
$82.85
(+108%)
Analyst growth 100.0%, PE expands to 53.8
Base Case
$75.32
(+89%)
Market implied 100.0%, PE stable at 48.9
Bear Case
$25.61
(-36%)
Severe decline -20.0%, PE contracts to 41.6
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
š”
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 21.6 to 31.9
Stabilization Target:
$51.39
(+47.8%)
PE Expansion Potential:
+47.8%
Share & Embed Analysis
Last updated: April 02, 2026 7:25 AM ET
Data refreshes hourly during market hours. Next update: 8:25 AM
Data refreshes hourly during market hours. Next update: 8:25 AM
š„ Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is ONON showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Footwear & Accessories Stocks
Top-rated stocks in Footwear & Accessories by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
BIRK
Birkenstock Holding plc |
STRONG BUY
22 analysts |
$57 | 50 HOLD |
|
NKE
Nike Inc |
HOLD
41 analysts |
$76 | 39 SELL |
|
DECK
Deckers Outdoor Corporatā¦ |
BUY
24 analysts |
$129 | 62 BUY |
|
CROX
Crocs Inc |
STRONG BUY
15 analysts |
$103 | 52 HOLD |
|
WWW
Wolverine World Wide Inc |
STRONG BUY
10 analysts |
$23 | 60 BUY |
Advanced ONON Option Strategies
Professional options setups generated by AI based on today's ONON price and gamma walls.
