Is On Holding Stock Going to $45? 1 Wall Street Analyst Thinks So.

That strong quarterly report, along with a lagging share price, is what drove the Needham analyst's optimistic take on the company. Andreeva specifically pointed to product mix gains in DTC and more efficient inventory management as trends that helped the company exceed analyst expectations in the first quarter. She rates On Holding as a top pick thanks to the sales and profitability momentum. The company itself has maintained that it expects gross profit margin to continue to rise with a goal of at least 6 ...