On Holding AG (ONON) is down 10.0% today. Here is some analysis on what might have caused this price movement.
Analysis: The selloff appears tied to investor focus on profitability and forward expectations rather than the quarter’s top-line beat. Even with record annual sales and gross margin expansion, reported net income declined year over year and the company’s 2026 outlook (including at least 23% constant-currency sales growth and an 18.5%–19.0% adjusted EBITDA margin range) may have looked conservative versus elevated market expectations.
Details:
Sources:
Business Wire, Associated Press, The Motley Fool
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$ONON Hedge Fund Activity
We have seen 279 institutional investors add shares of $ONON stock to their portfolio, and 303 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY added 6,997,455 shares (+40.9%) to their portfolio in Q4 2025, for an estimated $325,241,708
- WINSLOW CAPITAL MANAGEMENT, LLC removed 4,766,825 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $201,875,038
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 4,194,834 shares (-84.0%) from their portfolio in Q4 2025, for an estimated $194,975,884
- FENGHE FUND MANAGEMENT PTE. LTD. added 3,064,211 shares (+inf%) to their portfolio in Q4 2025, for an estimated $142,424,527
- UBS GROUP AG removed 2,825,713 shares (-43.5%) from their portfolio in Q4 2025, for an estimated $131,339,140
- BOND CAPITAL MANAGEMENT, LP removed 2,814,375 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $130,812,149
- ANOMALY CAPITAL MANAGEMENT, LP removed 2,430,032 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $112,947,887
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ONON Analyst Ratings
Wall Street analysts have issued reports on $ONON in the last several months. We have seen 14 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 01/29/2026
- Telsey Advisory Group issued a "Outperform" rating on 01/28/2026
- Guggenheim issued a "Buy" rating on 12/10/2025
- Piper Sandler issued a "Overweight" rating on 11/25/2025
- UBS issued a "Buy" rating on 11/13/2025
- Morgan Stanley issued a "Overweight" rating on 11/13/2025
- JP Morgan issued a "Overweight" rating on 11/13/2025
To track analyst ratings and price targets for $ONON, check out Quiver Quantitative's $ONON forecast page.
$ONON Price Targets
Multiple analysts have issued price targets for $ONON recently. We have seen 17 analysts offer price targets for $ONON in the last 6 months, with a median target of $60.0.
Here are some recent targets:
- Cristina Fernandez from Telsey Advisory Group set a target price of $65.0 on 03/03/2026
- Tom Nikic from Needham set a target price of $52.0 on 03/03/2026
- Janine Stichter from BTIG set a target price of $70.0 on 01/29/2026
- Ashley Owens from Keybanc set a target price of $58.0 on 01/22/2026
- Sam Poser from Williams Trading set a target price of $47.0 on 01/09/2026
- Simeon Siegel from Guggenheim set a target price of $59.0 on 12/10/2025
- Anna Andreeva from Piper Sandler set a target price of $60.0 on 11/25/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
