KeyBanc Calls On Holding (ONON) One of the “Best Growth Stories” for 2026

Core Insights - On Holding AG (NYSE:ONON) is recognized as one of the best high growth European stocks to buy, despite a recent price target reduction by KeyBanc from $68 to $58 while maintaining an Overweight rating [1] - Goldman Sachs upgraded On Holding AG from Neutral to Buy, raising its price target from $52 to $59, citing the stock's de-rating as a compelling entry point for investors [2] Group 1: Company Performance and Outlook - KeyBanc highlights On Holding's strong growth setup, driven by global momentum, a robust product pipeline, pricing flexibility, and customer loyalty [2] - Goldman Sachs anticipates On Holding AG will outperform market projections for the fourth quarter of 2025, supported by high-frequency data indicating a solid holiday season for the brand [3] Group 2: Business Operations - On Holding AG is engaged in the development and distribution of sports products, including apparel, footwear, and accessories, with a global sales presence through distributors, independent retailers, online platforms, and its own stores [3]