On Holding Earnings Are Imminent; Analysts Prepare for Earnings Call

On Holding AG (NYSE: ONON) is set to deliver its fourth-quarter financial results before the market opens on Tuesday, March 4. The anticipation surrounding this announcement has captured the attention of investors and analysts alike.

Analysts project that this Zurich, Switzerland-based company will report quarterly earnings of 18 cents per share. In comparison, the company faced a loss of 5 cents per share in the same quarter the previous year. This shift from a loss to a profit marks a significant improvement in On Holding's financial performance.

In terms of revenue, On Holding anticipates quarterly revenue to reach approximately $594.37 million, an increase from $447.1 million during the same period last year. This prediction suggests a positive growth trajectory for the company.

Earlier on November 12, 2024, On Holding reported third-quarter sales that exceeded expectations, leading the company to raise its guidance for fiscal year 2024's net sales. Such developments reflect the company's robust business strategy and its ability to adapt to market conditions.

As investors keep an eye on On Holding, its stock recently rose by 3.8%, closing at $48.48 on Friday. This uptick signifies increased investor confidence leading up to the earnings call.

Investors seeking detailed insights can explore the latest analyst ratings. Analysts have provided various assessments of On Holding's stock, indicating mixed sentiments ahead of the earnings report.

• The Telsey Advisory Group's Cristina Fernandez holds an Outperform rating with a price target of $67, reflecting an accuracy rate of 64% as of February 25, 2025.
• Goldman Sachs analyst Richard Edwards recently downgraded the stock from Buy to Neutral, with a price target set at $57. His accuracy rate stands at 66%, indicating a careful approach amidst changing market dynamics.
• Morgan Stanley's Alex Straton continues to have an Overweight rating with an increased price target, moving it from $62 to $65, demonstrating a 65% accuracy rate.
• Needham's analyst Tom Nikic reiterated a Buy rating with a target of $64, maintaining an accuracy rate of 64%.
• TD Cowen's John Kernan, also maintaining a Buy rating, upped his price target from $65 to $66, showcasing a commendable accuracy rate of 71%.

In light of these varying outlooks, those interested in investing in ONON stock should carefully consider these insights and ratings.

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Earnings, Analysts, Forecasts