An announcement from On Holding AG ( (ONON) ) is now available.
On Holding AG announced its annual general shareholders’ meeting to be held virtually on May 22, 2025. The meeting will discuss several key motions, including the approval of the 2024 financial statements, the appropriation of financial results, and the re-election of board members. The company celebrated its 15th anniversary in 2024, marking significant achievements such as the introduction of the LightSpray technology and expansion of its apparel business. The year also saw successful brand-building campaigns and a strong presence at the Paris Olympics, enhancing On’s market positioning and stakeholder engagement.
Spark’s Take on ONON Stock
According to Spark, TipRanks’ AI Analyst, ONON is a Outperform.
On Holding AG showcases strong financial performance and positive earnings call sentiment, driving the overall score. However, technical indicators suggest caution due to recent bearish trends, and the high P/E ratio indicates overvaluation concerns. The company’s growth prospects and strategic initiatives offer a positive outlook, albeit with attention needed for liability management and market conditions.
To see Spark’s full report on ONON stock, click here.
More about On Holding AG
On Holding AG is a company in the athletic footwear and apparel industry, known for its innovative products such as the CloudTec cushioning technology and the LightSpray manufacturing process. The company focuses on performance footwear and apparel, with a strong emphasis on sustainability and design, and has a global presence with over 50 brand stores.
YTD Price Performance: -18.71%
Average Trading Volume: 5,506,598
Technical Sentiment Signal: Buy
Current Market Cap: $14.58B
For a thorough assessment of ONON stock, go to TipRanks’ Stock Analysis page.