ON (ONON) Expected to Announce Earnings on Tuesday

Key Points

• ON is expected to report Q1 2026 earnings before market open on May 12; analysts forecast EPS of $0.35 and revenue of $1.027 billion, with a conference call at 8:00 AM ET.
• Shares traded around $34.48 (up ~0.6%), with a market cap of $22.0 billion, a 52-week range of $31.41–$61.29, a P/E of 47.9 and a PEG of 0.70.
• CEO Martin Hoffmann sold 4,150 shares under a Rule 10b5‑1 plan and insiders have sold ~20,750 shares in the past 90 days, while analysts hold a consensus "Moderate Buy" rating with a $58.40 target price.

ON (NYSE:ONON - Get Free Report) is expected to release 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 can find conference call details on the company's upcoming Q1 2026 earning report page for the latest details on the call scheduled for Tuesday, May 12, 2026 at 8:00 AM ET.

ON Trading Up 0.6%

Shares of ONON stock traded up $0.19 during mid-day trading on Tuesday, hitting $34.48. 2,240,396 shares of the company's stock were exchanged, compared to its average volume of 5,958,542. ON has a fifty-two week low of $31.41 and a fifty-two week high of $61.29. The stock has a 50-day simple moving average of $38.23 and a two-hundred day simple moving average of $42.22. The company has a quick ratio of 2.13, a current ratio of 2.71 and a debt-to-equity ratio of 0.27. The stock has a market cap of $22.00 billion, a price-to-earnings ratio of 47.87, a PEG ratio of 0.70 and a beta of 2.09.

Insider Transactions at ON

In other ON news, CEO Martin Hoffmann sold 4,150 shares of the business's stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $35.84, for a total transaction of $148,736.00. Following the completion of the sale, the chief executive officer directly owned 1,385,099 shares in the company, valued at $49,641,948.16. The trade was a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 20,750 shares of company stock worth $745,838 in the last ninety days.

Institutional Investors Weigh In On ON

Several institutional investors have recently bought and sold shares of ONON. Bison Wealth LLC boosted its position in shares of ON by 35.7% in the fourth quarter. Bison Wealth LLC now owns 9,291 shares of the company's stock worth $509,000 after buying an additional 2,442 shares during the period. Glenmede Investment Management LP purchased a new stake in shares of ON in the third quarter worth about $297,000. Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in shares of ON in the third quarter worth about $246,000. NorthRock Partners LLC purchased a new stake in shares of ON in the third quarter worth about $220,000. Finally, Bridgefront Capital LLC purchased a new stake in shares of ON in the fourth quarter worth about $213,000. 36.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Evercore set a $45.00 target price on shares of ON and gave the stock an "outperform" rating in a research report on Friday, March 27th. KeyCorp reissued an "overweight" rating on shares of ON in a research report on Wednesday, March 4th. Truist Financial decreased their target price on shares of ON from $65.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday, March 3rd. Stifel Nicolaus set a $58.00 target price on shares of ON in a research report on Tuesday, March 3rd. Finally, UBS Group reissued a "buy" rating on shares of ON in a research report on Thursday, February 19th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $58.40.

ON Company Profile

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.

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