JPMorgan Resumes Coverage of On Holding (ONON) at Overweight

On July 2, 2026, JPMorgan resumed sum of On Holding AG (NYSE:ONON) with an Overweight standing and $51 terms target. JPMorgan besides placed the shares connected "Positive Catalyst Watch." The steadfast sees imaginable for above-consensus Q2 results and further guidance increases, adding that On's momentum should continue. JPMorgan besides said the stock's risk/reward is much charismatic aft the selloff implicit the past 12 months.

On June 26, On Holding AG (NYSE:ONON) co-founder Olivier Bernhard told Bloomberg successful an interrogation that the institution plans to grow into football.

Copyright: halfpoint / 123RF Stock Photo

In May, On Holding AG (NYSE:ONON) reported Q1 CHF 0.37, compared with CHF 0.21 past year. The institution besides reported Q1 CHF 831.9M, compared with CHF 726.6M past year. Founder and Co-CEO Caspar Coppetti called Q1 an "outstanding start" to the twelvemonth and said it was different impervious constituent of the company's premium strategy. Coppetti besides said that On is becoming much global, much multi-dimensional, and much rooted successful antithetic communities astir the world.

On Holding AG (NYSE:ONON) develops and distributes show sports products nether the On marque successful Switzerland, the remainder of Europe, the Middle East, Africa, the United States, the remainder of the Americas, and the Asia-Pacific.

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