Top Wall Street Forecasters Revamp On Holding Expectations Ahead Of Q3 Earnings - On Holding (NYSE:ONON)
On AGOn AG(US:ONON) Benzinga·2025-11-12 07:39

Core Insights - On Holding AG is set to release its third-quarter earnings results on November 12, with analysts expecting earnings of 27 cents per share, an increase from 16 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $763.84 million, up from $635.8 million a year earlier [1] Group 1: Earnings Expectations - Analysts anticipate a significant increase in earnings per share from 16 cents to 27 cents year-over-year [1] - Revenue expectations show a growth from $635.8 million to $763.84 million, indicating strong performance [1] Group 2: Recent Performance - On Holding reported better-than-expected second-quarter sales results, contributing to a 0.6% increase in share price, closing at $35.18 [2] Group 3: Analyst Ratings and Price Targets - Evercore ISI Group analyst Michael Binetti maintained an Outperform rating but reduced the price target from $68 to $50 [4] - Raymond James analyst Rick Patel also maintained an Outperform rating while lowering the price target from $66 to $55 [4] - TD Cowen analyst John Kernan kept a Buy rating and cut the price target from $63 to $55 [4] - UBS analyst Jay Sole maintained a Buy rating and raised the price target from $75 to $79 [4] - Morgan Stanley analyst Alex Straton maintained an Overweight rating and increased the price target from $62 to $65 [4]