ON (ONON) Projected to Post Earnings on Tuesday

ON (NYSE:ONON) is anticipated to announce its Q4 2025 results before the market opens on Tuesday, March 3rd. Analysts expect ON to post earnings of $0.26 per share for the quarter. Individuals are encouraged to explore the company’s upcoming Q4 2025 earning overview page for the latest details on the call scheduled for Tuesday, March 3, 2026 at 8:00 AM ET.

ON Stock Down 3.9%

Shares of ONON stock opened at $47.48 on Tuesday. The company has a quick ratio of 2.05, a current ratio of 2.55 and a debt-to-equity ratio of 0.28. ON has a 52 week low of $34.38 and a 52 week high of $61.29. The company’s fifty day simple moving average is $46.53 and its two-hundred day simple moving average is $44.43. The stock has a market cap of $29.81 billion, a P/E ratio of 61.66, a PEG ratio of 1.48 and a beta of 2.15.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ONON. Guggenheim raised shares of ON to a “strong-buy” rating in a research report on Wednesday, December 10th. Piper Sandler reissued an “overweight” rating on shares of ON in a research report on Friday, December 5th. TD Cowen boosted their price target on ON from $55.00 to $57.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Bank of America lifted their target price on ON from $62.00 to $63.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Finally, Stifel Nicolaus set a $60.00 price target on ON in a research note on Wednesday, January 28th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $59.86.

Institutional Trading of ON

Several large investors have recently bought and sold shares of the stock. Morgan Stanley increased its position in shares of ON by 40.9% in the 4th quarter. Morgan Stanley now owns 24,119,871 shares of the company’s stock valued at $1,121,092,000 after acquiring an additional 6,997,455 shares during the period. Sinvest Investments II Ltd. purchased a new position in shares of ON during the fourth quarter worth $390,432,000. Ameriprise Financial Inc. boosted its holdings in ON by 44.8% in the third quarter. Ameriprise Financial Inc. now owns 3,318,415 shares of the company’s stock valued at $138,865,000 after purchasing an additional 1,026,804 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of ON by 13.8% during the 3rd quarter. Wellington Management Group LLP now owns 2,997,473 shares of the company’s stock valued at $126,943,000 after buying an additional 364,091 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of ON by 119.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,738,692 shares of the company’s stock worth $127,295,000 after buying an additional 1,492,917 shares during the last quarter. Hedge funds and other institutional investors own 36.39% of the company’s stock.

About ON

On Holding AG, commonly known as On, is a Swiss performance footwear and apparel company headquartered in Zurich. Founded in 2010, the company designs, develops and sells running shoes, performance apparel and accessories for road, trail and everyday use. On’s product philosophy centers on engineered cushioning and responsiveness intended to serve both serious athletes and lifestyle consumers.

On is best known for its proprietary midsole technology and distinctive sole architecture, marketed under names such as the Cloud family of shoes and related performance lines.