On Holding AGNYSE: ONON

On Holding is a story stock with potential for high growth and returns, requiring patience. On Holding's growth strategy includes increasing brand recognition through elite athletes, innovative shoe designs, and expansion into different demographics and product categories. The company's financials show strong revenue and operating income growth, debt-free status, and potential for margin expansion.

On Holding (ONON) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

The latest trading day saw On Holding (ONON) settling at $38.60, representing a -0.41% change from its previous close.

Nike is the current champion of the consumer apparel market, with $50 billion in sales and $5 billion in profit over the last twelve months alone. ON Holding is a new challenger in the industry, and while the company's financials are a fraction of the size, the company sports significant growth potential and a unique appeal. While we're not sure about ON's ability to reach NKE in the short term, the company has demonstrated very strong product, marketing, and operational execution.

M Science published a cautious report against On Holding AG (NYSE: ONON) on Friday. Shares of the sneaker company are in the red at writing.

ZURICH, Switzerland--(BUSINESS WIRE)--On Elects Laura Miele as a New Independent Member of the Board of Directors.

On Holdings, a Swiss company specializing in running shoes and sportswear, is becoming increasingly popular. Despite the potential for tripling its sales, it still lags behind competitors like Under Armour. There is a promising future ahead for the company. I believe that ON is currently a hold, as it has seen a significant increase in value following the Q1 2024 results. However, I will be looking for a buying opportunity in the near future.

On Holding exceeded expectations in both revenue and profit. Despite challenges in the industry, the company is still increasing its market presence.

On had a stronger-than-anticipated increase in net sales in the most recent quarter, driven by growth in direct-to-consumer sales. The company's profits are positively impacted when customers make purchases directly from them, providing further reason to be optimistic about the business.