On Holding

ONON

Market cap $14.5B

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

As muted holiday sales loom, Crocs stands out among five apparel and shoe picks highlighted for strong growth drivers this Black Friday.

On Holding (ONON) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

On Holding's Q3 strength reinforces the growth story. On delivered a clear beat across sales, gross margin, and EBITDA. Updated guidance, structural margin improvements, and strong DTC traction support higher confidence in the path to the 2028 outlook. Despite a share de-rating, ONON continues to execute at a premium level; we maintain our constructive stance as the market underestimates the brand's multi-category and multi-sport potential.

CROX, ONON, RL, KTB and BOOT are five apparel and footwear names highlighted for double-digit upside despite a muted holiday backdrop.

On Holding stands out as a top pick among small- and mid-cap growth stocks for 2026, despite a 25% share price correction. ONON continues to deliver >30% revenue growth, expanding market share in Asia and apparel, with gross margins soaring to 65.7% and strong EBITDA gains. The stock now trades at a compelling 13.8x EV/FY26 adjusted EBITDA, positioning the company as a 'growth at a reasonable price' opportunity.

First, the Swiss company On outpaced Nike. Now it's betting it can beat tariffs, too

On Holding (ONON) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

The consensus price target hints at a 40.1% upside potential for On Holding (ONON). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

On Holding (ONON) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.