On Holding AG

Fundamentals8.0
Price Action4.0
News Sentiment7.0
AI Rating
6.0

Key Drivers

  • Liquidity strength
  • Margin expansion
  • High cash conversion

AI
AI Summary

6.0

ONON has shifted from a “fast grower” story to a prove-it stock where improving margins and cash flow are real positives, but the premium valuation now means investors should stay cautious until management can consistently deliver low-20% growth without another miss.

Price Chart

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Financial Metrics

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Revenue (TTM)
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Net Income (TTM)
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EPS (Q)
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MCAP

Deep Analysis

Research tool. Not personalized advice.

Fundamental Analysis

8.0

Key Financial Insights:

  • Liquidity strength
  • Margin expansion
  • High cash conversion

ONON looks financially strong with ample liquidity, improving margins, and robust cash flow, but its premium valuation and elevated costs limit upside.

Profitable
Overvalued

Price Behavior

4.0
Research tool. Not personalized advice. Technical analysis is for informational purposes only.

Key Price Behavior Insights:

  • Trend weakening
  • Shock selloff
  • Low-31 support

ONON's trend has weakened over the last month after a sharp 8/11 breakdown, and although it has stabilized above $31, the rebound remains unconfirmed until it reclaims $34.84 and then $37.

cautious
Support Level: $30.9-$31.0
Resistance Level: $34.84; $37-$39

Sharp drop from $38.78 to $30.91 on 2026-08-11

Sentiment & News

7.0

Key News Insights:

  • Margin Expansion
  • Guidance Cut
  • Wholesale Softness

ONON still shows strong sales momentum and improving margins, but the lowered full-year outlook and wholesale softness have increased execution risk and triggered a sharp selloff.

Growth
Guidance

ONON's long-term growth story remains intact, but near-term share performance may stay pressured until investors see more consistent top-line execution