ON (ONON) Expected to Announce Earnings on Tuesday

ON (NYSE:ONON) will likely be releasing its Q1 2026 results before the market opens on Tuesday, May 12th. Analysts expect ON to post earnings of $0.35 per share and revenue of $1.0270 billion for the quarter. Interested persons may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Tuesday, May 12, 2026 at 8:00 AM ET.

ON Stock Up 0.6%

Shares of ONON stock traded up $0.19 on Tuesday, hitting $34.48. The stock had a trading volume of 2,240,396 shares, compared to its average volume of 5,958,542. The firm has a market capitalization of $22.00 billion, a price-to-earnings ratio of 47.87, a P/E/G ratio of 0.70 and a beta of 2.09. The stock’s 50 day moving average is $38.23 and its 200-day moving average is $42.22. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.71. ON has a 52-week low of $31.41 and a 52-week high of $61.29.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ONON. BTIG Research restated a “buy” rating and issued a $70.00 target price on shares of ON in a research note on Tuesday, March 3rd. UBS Group reissued a “buy” rating on shares of ON in a report on Thursday, February 19th. Evercore set a $45.00 price target on ON and gave the company an “outperform” rating in a report on Friday, March 27th. Telsey Advisory Group reduced their price target on ON from $65.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, March 25th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of ON in a report on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $58.40.

Insider Buying and Selling

In other ON news, CEO Martin Hoffmann sold 4,150 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $35.84, for a total transaction of $148,736.00. Following the transaction, the chief executive officer owned 1,385,099 shares of the company’s stock, valued at $49,641,948.16. This trade represents a 0.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 20,750 shares of company stock worth $745,838.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Invesco Ltd. lifted its position in shares of ON by 25.0% in the 4th quarter. Invesco Ltd. now owns 196,385 shares of the company’s stock worth $9,128,000 after buying an additional 39,295 shares during the last quarter. Corient Private Wealth LLC lifted its position in shares of ON by 35.7% in the 4th quarter. Corient Private Wealth LLC now owns 29,310 shares of the company’s stock worth $1,338,000 after buying an additional 7,713 shares during the last quarter. Alberta Investment Management Corp bought a new position in shares of ON in the 4th quarter worth about $1,683,000. Mercer Global Advisors Inc. ADV lifted its position in shares of ON by 59.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 14,413 shares of the company’s stock worth $663,000 after buying an additional 5,399 shares during the last quarter. Finally, Caitlin John LLC bought a new stake in shares of ON in the 4th quarter worth approximately $25,000. 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.