ONON Stock Summary and Trading Ideas (On Holding Ag Class A | NYSE:ONON)

Founded in Switzerland in 2010, sportswear firm On Holding generates more than 90% of its sales from athletic shoes. The brand is best known for its running shoes and its distinctive CloudTec soles. On also produces athletic apparel (6% of 2025 sales) and accessories (1%). The firm's merchandise is available in more than 80 countries and is sold through both wholesale (58% of sales) and company-owned channels (42%). In 2025, On generated 58% of its sales in North America, 25% in Europe, the Middle East, and Africa, and 17% in the Asia-Pacific region.

On Holding Ag Class A trades on the NYSE stock market under the symbol ONON.

As of September 9, 2026, ONON stock price declined to $26.84 with 7,718,296 million shares trading.

ONON has a beta of 1.80, meaning it tends to be more sensitive to market movements. ONON has a correlation of 0.22 to the broad based SPY ETF.

ONON has a market cap of $9.34 billion. This is considered a Mid Cap stock.

Last quarter On Holding Ag Class A reported $1 billion in Revenue and $.44 earnings per share. This fell short of revenue expectation by $-34 million and exceeded earnings estimates by $.03.

In the last 3 years, ONON traded as high as $64.05 and as low as $23.41.

The top ETF exchange traded funds that ONON belongs to (by Net Assets): VONG, SPDW, VT, RONB, JQUA.

ONON has underperformed the market in the last year with a price return of -40.6% while the SPY ETF gained +18.7%. ONON has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -27.7% and -6.9%, respectively, while the SPY returned +3.4% and -0.5%, respectively.

ONON support price is $26.70 and resistance is $27.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ONON shares will trade within this expected range on the day.