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On Holding AG (ONON) Stock Analysis

On Holding AG (ONON) stock analysis covering valuation, fundamentals, technical indicators, risk, AIQ Momentum, analyst catalysts, dividends, and the current AIQ Score.

ONON Stock Analysis Summary

On Holding AG (ONON) currently has an AIQ Score of 59/100, indicating a neutral setup. Quality is the strongest factor at 78/100. Value is the weakest current factor at 33/100. Technical, fundamental, catalyst, dividend, and risk evidence should be read together at the latest market-close snapshot.

Updated Oct 21, 2026 · Market-close data

ONON at a Glance

Crawlable current metrics from the latest market-close stock snapshot.

MetricCurrent
Price$34.22
AIQ Score59/100
Overall ViewNeutral
Technical Analysis ConsensusBuy
Market Cap$9.24B
P/E Ratio (TTM)18.77
Forward P/E—
EPS (quarter ended 2026-06-30)$0.31
Revenue (quarter ended 2026-06-30)$850.3M
Dividend Yield (TTM)0.00%
Beta2.12
Volume7.12M
52-week range$26.37-$51.08
RSI 1475.38
50-Day SMA$30.49
200-Day SMA$37.15
Analyst Price Target$44.04
Next EarningsNov 11, 2026
As of Oct 21, 2026 · Market close

ONONOn Holding AG

Consumer Cyclical / Apparel - Footwear & Accessories

Relative Leader / Watch

Strong Relative Position

NeutralEdge 8/10
$34.22−$1.20 (−3.39%)

Latest quote

  • Momentum
    72
  • Value
    33
  • Quality
    78
  • Risk resilience
    52
  • Sentiment
    66
algovestiq.comScore data as of Oct 21, 2026

ONON Stock Analysis Summary

On Holding AG (ONON) currently has an AIQ Score of 59/100, indicating a neutral setup. Quality is the strongest factor at 78/100. Value is the weakest current factor at 33/100. Technical, fundamental, catalyst, dividend, and risk evidence should be read together at the latest market-close snapshot.

Updated Oct 21, 2026 · Market-close data
AIQ Composite Posture: Mixed

In a neutral regime, ONON has AIQ Score of 59/100 with Quality base of 78/100 and fading Value at 33/100. Wait for component alignment before adding exposure.

Signal Conflict Detected

Quality (78/100) leads while Value (33/100) lags. This cross-factor spread creates entry timing uncertainty.

Consumer Cyclical · -3.39% stock move · ONON classified in Apparel - Footwear & Accessories.

Current Evidence

NeutralONON is in a neutral AIQ regime; Quality is the strongest visible factor at 78/100.
Core coverage reflects visible evidence only

AlgovestIQ Evidence Summary

Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.

Is ONON Bullish or Bearish Right Now?

ONON currently has a neutral overall setup. Quality is the strongest factor at 78/100, while Value is weakest at 33/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.

Bull Case
  • - Quality is supportive at 78/100.
  • - Momentum is constructive at 72/100.
  • - Price is +12.22% above its 50-day SMA.
  • - Analyst target implies +28.70% upside from the latest quote.
  • - Technical consensus has more buy votes than sell votes (28 vs 12).
Bear Case
  • - Value is the current constraint at 33/100.
  • - Price is -7.90% below its 200-day SMA.

Current Consensus

ONON's Technical Analysis Consensus is currently Buy, with 28 buy, 5 neutral, and 12 sell votes. ONON's 14-day RSI is 75.38, which places the stock in an overbought momentum range. ONON's beta is 2.12, indicating greater market sensitivity than the broad market.

Signal Confidence
High agreement

What Changed in ONON?

The largest recent change in ONON is Momentum moving down by 2.0 points over the available 7-day comparison window. Quality remains the strongest visible factor.

AIQ Score
+0.0
Momentum
-2.0
Quality
+0.0
Risk
+1.0

What Would Change the ONON Outlook?

The current neutral outlook could improve if AIQ moves above 70, momentum recovers, earnings revisions strengthen, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, analyst expectations deteriorate, or risk evidence worsens.

Bullish confirmation

AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive catalyst or estimate-revision evidence.

Bearish deterioration

AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.

ONON Decision Framework

Public evidence layers, setup checks, and risk context for On Holding AG.

On Holding AG (ONON) Stock Analysis

On Holding AG has an AIQ Score of 59/100 in a Neutral regime. Quality is strongest at 78/100. Beta is 2.08, above market sensitivity. Review the supporting stock factors together before drawing a conclusion from any single score.

Evidence LayerPublic Evidence
Regime ContextONON is in a Neutral AIQ regime with score 59/100.
Signal ConflictThe primary conflict is that quality leads at 78/100 while value lags at 33/100.
Factor EvidenceMomentum 72/100 · Value 33/100 · Quality 78/100 · Risk 52/100 · Sentiment 66/100
PersistenceCurrent snapshot evidence is shown; historical persistence remains in AIQ Pro.

Current Setup Checklist

Factor strengthPass

Quality is the strongest factor at 78/100.

TimingPass

Momentum is 72/100 and RSI (14) is 75.4.

Regime fitWait

ONON is in a Neutral regime at 59/100.

Risk controlWait

Risk factor is 52/100 with beta 2.08 and annual volatility 49.03%.

ConflictWait

Current conflict: quality leads at 78/100 while value lags at 33/100.

AIQ Score
59/100
Price
$34.22
Beta
2.08
RSI (14)
75.4

ONON Research Cluster

Ticker-specific paths for valuation, technical analysis, catalysts, dividends, financials, risk, and news.

ONON Fundamentals

ONON valuation, profitability, growth, margins, balance-sheet strength, and free cash flow.

Revenue
$850.3M
Net income
$105M
Free cash flow
$200.7M
View full ONON fundamental analysis

ONON Technical Analysis

ONON technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.

Technical Analysis Consensus
Buy
RSI 14
75.38
Price vs SMA-50
+12.22%
View full ONON technical analysis

ONON Stock Catalysts

Track ONON earnings, analyst ratings, price targets, estimate revisions, stock news, and upcoming events.

Next earnings
Nov 11, 2026
Analyst target
$44.04
News items
5
View ONON earnings and stock catalysts

ONON Dividend Analysis

ONON dividend yield, annual dividend, payout ratio, payment history, and income reliability context.

Dividend yield
0.00%
Annual dividend
—
Payout ratio
0.00%
View ONON dividend history and analysis

ONON Financial Data

ONON revenue, earnings, income statement, balance sheet, cash flow, valuation ratios, and stock metrics.

Quarter revenue
$850.3M
EPS
$0.31
Periods
4
View ONON financials

ONON Risk Analysis

ONON volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.

Beta
2.12
Risk score
52/100
1Y volatility
49.03%
View ONON risk analysis

ONON Stock News

ONON stock news, market tone, recent headlines, and catalyst context.

News items
5
Updated
Oct 21, 2026
Sentiment
66/100
Read ONON stock news

ONON vs Retail — Specialty & Discount Peers

Current peer cohort: ONON · ORLY · PLNT · PTON · PVH. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.

PeerAIQValueMomentumRiskSharpe1Y VolatilityCompare
ONON
Current stock
59/10033/10072/10052/100-0.2249.03%Current
ORLY
O'Reilly Automotive
50/10027/10073/10052/100-0.525.91%ONON vs ORLY
PLNT
Planet Fitness
54/10044/10076/10038/100-1.0250.45%ONON vs PLNT
PTON
Peloton
48/10039/10062/10030/100-0.3559.71%ONON vs PTON
PVH
PVH Corp
62/10073/10080/10045/1000.246.95%ONON vs PVH
Pairwise Compare links: ORLY · PLNT · PTON · PVHONON vs ORLYONON vs PLNTONON vs PTONONON vs PVHCompare cohort

Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 21, 2026.

About the AIQ Score

Methodology for the current stock evidence.

As of Oct 21, 2026 · Market close

The AlgovestIQ AIQ Score combines multiple dimensions of stock evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.

View AIQ methodology

Factor Diagnostics

A compact bridge from the AIQ score to the evidence tabs.

Calculator
Calculate a ONON stock return scenario

Open the return calculator with stock context while purchase price, shares, dates and fees remain user inputs.

Calculate stock return

AIQ Component Profile

Compare the five component scores on one consistent 0–100 scale.

Catalyst preview

Review earnings timing, revisions, news pressure, and prior event reactions in one place.

Open catalysts
Quarterly evidence

4 recent quarterly periods are available for review.

Checked Oct 22, 2026

AIQ Pro

Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.

Fundamentals Verdict

Current snapshot fields are separate from reported-quarter statement tables.

Current TTM P/E
18.77
As of Oct 21, 2026
Revenue growth
—
Gross margin
64.82%
Current debt / equity
0.29
Latest quarterly evidence

Latest period Jun 30, 2026.

Review fundamentals
Quarter revenue
$850.3M
Quarter net income
$105M
Quarter free cash flow
$200.7M

Market Confirmation

Technicals are summarized first, with the indicator library behind it.

Trend
Mixed
Momentum
Bullish
RSI 14
75.38
MACD
1.44

Risk Alignment

Higher resilience is stronger; exposure metrics stay separate.

Resilience
52/100
Beta
2.08
Annual volatility
49.03%
Max drawdown
-47.15%

ONON Stock FAQ

What is ONON stock price today?

On Holding AG's current stock price is $34.22. Use the live quote with AIQ Score, news, and risk context rather than treating price alone as a decision signal.

Is ONON bullish or bearish right now?

ONON's bullish or bearish read depends on the current AIQ Score, factor alignment, technical analysis consensus, valuation, risk, and catalyst evidence. A mixed setup should be treated differently from a broad confirmation across those signals.

What is ONON's market cap?

ONON's market cap is $9.24B based on the latest completed market-close snapshot from Oct 21, 2026. Use it with P/E ratio, revenue, and growth metrics to frame company size, valuation, and peer comparisons.

What is ONON's current P/E ratio?

ONON's current P/E ratio is 18.77 based on the latest completed market-close snapshot from Oct 21, 2026. Read it with revenue growth, margins, EPS, cash flow, and peer valuation rather than using P/E alone.

What is ONON's RSI?

ONON's 14-day RSI is 75.38 based on the latest completed market-close snapshot from Oct 21, 2026. RSI should be interpreted with MACD, moving averages, volume, volatility, and price trend.

Is ONON above its 50-day and 200-day moving averages?

ONON is 12.22% from its 50-day SMA and -7.90% from its 200-day SMA based on the latest completed market-close snapshot from Oct 21, 2026. Moving-average position should be read with momentum and broader AIQ evidence.

When is ONON's next earnings date?

ONON's next earnings date is currently listed as Nov 11, 2026. Earnings can reset revenue, EPS, price target, analyst rating, and catalyst expectations.

Does ONON pay a dividend?

ONON's dividend yield is 0.00% based on the latest completed market-close snapshot from Oct 21, 2026. Dividend yield should be read with payout ratio, free cash flow, growth, and balance-sheet strength.