ONON

ONON Earnings Preview

On Holding AG · Consumer Cyclical · $12B

15d until earnings

ONON Earnings

Tuesday, May 12 2026
EPS Estimate
$0.27
$0.23 – $0.30
Revenue Estimate
$821M
Current Price
$36.25

Our Position

neutral

On Holding projects 23% revenue growth in 2026

est. revisions rising (+5.9pp / 30d)

Sustained strong revenue growth guidance amid headwinds signals resilience, but forex pressures and management shifts temper optimism.

Watch: Upcoming Q1 2026 results to confirm if growth momentum over 30% can continue and offset macro headwinds.

Data Signal Summary

1 bullish
1 bearish
Put/call 0.7 (bullish skew) Insider selling

Key Context

Insider Activity
selling
Price Trend
mixed
1-Month Return
-8.2%
From 52w High
-8.2%
P/E Ratio
48.4
Est. Revisions (30d)
-0.3% 1up/5dn
Analyst Target (mean)
$56 $24–$86 +56%
Options P/C Ratio
0.65
Est. Dispersion
26% 12 analysts
Fund Convergence
strong Citadel, D.E. Shaw, Renaissance, Bridgewater

Recent Activity

insider trades 12 transactions
Sell · HOFFMAN MARTIN (Chief Executive Officer) ·4,150 shares ·$139,377
Sell · HOFFMAN MARTIN (Chief Executive Officer) ·4,150 shares ·$134,075
Exercise · HOFFMAN MARTIN (Chief Executive Officer) ·23,829 shares ·$779,294
Award · BANSE AMY L (Director) ·1,689 shares
Award · DURKIN DENNIS M (Director) ·2,008 shares
7 more
Award · MIELE LAURA KAREN ·1,689 shr
Award · PEREZ ALEXANDRE MBA ·2,008 shr
Award · HELMERSSON HELENA ·1,689 shr
Sell · HOFFMAN MARTIN ·4,150 shr ·$165,129
Exercise · HOFFMAN MARTIN ·25,000 shr ·$936,000
Sell · HOFFMAN MARTIN ·4,150 shr ·$140,911
Sell · HOFFMAN MARTIN ·4,150 shr ·$151,730