On Holding AG (ONON, Footwear) Stock Valuation & Fair Value Mixed on our tests
On Holding AG (ONON, Footwear) trades at a blended P/E of 19.5, about 65% below its historical normal valuation, with a forward growth estimate of 25.6% and a PEG of 0.76. Priced at its historical normal P/E of 56.4 on the same blended earnings, the 2026-10-02 close of $30.85 corresponds to about $89.20 a share. This is a valuation reference, not a price target.
- Price $34.04 at the 2026-10-08 close, 14.8% above the 20-day average ($29.66) and 10.5% above the 50-day ($30.80).
- RSI (14) at 73.6.
- 52-week range $26.76 to $50.63: the price is 32.8% below the high and 27.2% above the low.
- At its last earnings report the options market priced an 8.8% move.
The Street vs SeerForecast
Wall Street's mean price target for ONON is $43.44 across 30 analysts, 27.6% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.
Valuation flags
- Overbought (RSI 74)
- Misses analyst estimates often (50%)
Verdict history
tickerseer's rating moved from strong on our tests (2026-08-07) to mixed on our tests (2026-10-05). New rating rules took effect in the week of 2026-09-28, and this rating moved across that change, so part of the move may come from the new rules rather than the company.
Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.
Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.
Show all 20 weeks
Earnings moves: ONON moved more than the options market implied in 1 of 1 recent tracked reports.
Frequently asked questions
Is On Holding AG stock overvalued?
At a blended P/E of 19.5 versus its historical normal P/E of 56.4, On Holding AG trades about 65% below its typical valuation, with a PEG of 0.76 on 25.6% forward growth. tickerseer currently rates it mixed on our tests.
What is On Holding AG's fair value and PEG?
On Holding AG trades at a blended P/E of 19.5 against a historical normal P/E of 56.4, a PEG of 0.76, and a forward growth estimate of 25.6%. Priced at its historical normal P/E of 56.4 on the same blended earnings, the 2026-10-02 close of $30.85 corresponds to about $89.20 a share. This is a valuation reference, not a price target.
Has tickerseer's rating of On Holding AG changed?
tickerseer's rating moved from strong on our tests (2026-08-07) to mixed on our tests (2026-10-05). New rating rules took effect in the week of 2026-09-28, and this rating moved across that change, so part of the move may come from the new rules rather than the company.
What is the analyst price target for On Holding AG?
The mean Wall Street price target for On Holding AG is $43.44 across 30 analysts, 27.6% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.
Industry: Footwear. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.
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