ON (ONON) Projected to Release Earnings on Tuesday

Key Points

• ON Holding is expected to report Q3 2026 results before the market opens on November 10. Analysts anticipate earnings of $0.4597 per share and revenue of $1.11 billion.
• The company’s previous quarter fell short of expectations, with EPS of $0.35 versus $0.42 expected and revenue of $1.05 billion versus $1.09 billion, although revenue rose 13.5% year over year.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $43.56 price target versus the stock’s reported $36.40 price. Insiders, including the CEO and founder, recently purchased shares.

ON (NYSE:ONON - Get Free Report) is projected to post its Q3 2026 results before the market opens on Tuesday, November 10th. Analysts expect ON to announce earnings of $0.4597 per share and revenue of $1.11 billion for the quarter. Parties may visit the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 10, 2026 at 8:00 AM ET.

ON (NYSE:ONON - Get Free Report) last released its earnings results on Tuesday, August 11th. The company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.07). The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.09 billion. ON had a return on equity of 22.92% and a net margin of 12.09%. The firm's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.09) earnings per share. On average, analysts expect ON to post $1.50 EPS for the current fiscal year and $1.76 EPS for the next fiscal year.

ON Price Performance

NYSE:ONON traded up $0.88 during trading hours on Tuesday, reaching $36.40. 4,338,814 shares of the company's stock were exchanged, compared to its average volume of 7,155,730. The company has a quick ratio of 2.25, a current ratio of 2.83 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $23.23 billion, a P/E ratio of 24.76, a price-to-earnings-growth ratio of 0.63 and a beta of 2.08. ON has a 12 month low of $26.36 and a 12 month high of $51.08. The business's 50-day simple moving average is $30.83 and its two-hundred day simple moving average is $36.67.

Analysts Set New Price Targets

Several research firms have recently weighed in on ONON. Telsey Advisory Group reduced their price objective on ON from $51.00 to $43.00 and set an "outperform" rating for the company in a research note on Wednesday, August 12th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of ON in a research report on Tuesday, September 22nd. Cantor Fitzgerald raised ON to a "buy" rating in a research report on Tuesday. Raymond James Financial upped their target price on ON from $38.00 to $42.00 and gave the company an "outperform" rating in a report on Friday, October 16th. Finally, BTIG Research reiterated a "buy" rating and issued a $60.00 price target on shares of ON in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $43.56.

Insider Buying and Selling at ON

In other ON news, insider Olivier Bernhard bought 65,000 shares of ON stock in a transaction dated Friday, August 14th. The stock was bought at an average price of $30.67 per share, for a total transaction of $1,993,550.00. Following the completion of the acquisition, the insider directly owned 5,228,184 shares of the company's stock, valued at approximately $160,348,403.28. This trade represents a 1.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Caspar Coppetti bought 65,000 shares of the firm's stock in a transaction dated Friday, August 14th. The stock was acquired at an average cost of $30.67 per share, with a total value of $1,993,550.00. Following the transaction, the chief executive officer owned 2,440,855 shares of the company's stock, valued at $74,861,022.85. This trade represents a 2.74% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 68.57% of the stock is owned by insiders.

About ON

On Holding AG, commonly known as On, is a Swiss sportswear company that develops and sells performance footwear, apparel and accessories. The company serves athletes and everyday consumers with products designed for running, training, outdoor activities and lifestyle use.

On is best known for its running shoes, which incorporate proprietary technologies such as CloudTec cushioning and the Speedboard propulsion system. Its product portfolio also includes athletic clothing, outerwear and accessories.

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