On Holding AG Class A Ordinary Shares (ONON) Stock Analysis — Latest Investor Quotes & Trade Calls

Strong Performance Boost for ONON

"Well, Paul, let's take a look at on holdings. This is a stock that's really been in focus a lot of today. That's ticker O N O N. Of course, we know this is a company that's backed by tennis uh player Roger Federer. We're seeing shares climbing as much as 28% in today's trade. This is the best day that we've seen for performance since 2023. And this is after it boosted its sales forecast for the year. There uh we did get some better than expected third quarter results as well. That's really buoying the stock higher. But we are thinking about a lot of sales that are happening both in Asia and Europe. It seems as though this sneaker is clearly a hit, especially as you pair it up to a lot of the competitors that it's really been rivaling during this time period. Nike, Under Arour. It seems like it might be the new shoe that everybody cares about right now."

The commentary highlights ONON's strong intraday performance, underpinned by boosted sales forecasts and better-than-expected Q3 results. The discussion also notes significant sales activity in Asia and Europe, emphasizing the brand's emerging competitive position, particularly in relation to established rivals.

Positive Guidance Boost for on Holdings

"Yeah, shoemaker on holdings. This is the Swiss sneaker brand that is backed by Roger Federer. I'm actually currently wearing a pair right now, Nathan. Of course. They're up shares are up nearly 9% in pre-market trades. A Swiss company, but it's listed in the US. They came out with a beat and a guidance raise as sales in Asia and Europe soared in the previous quarter leading them to boost their fullear sales forecast. So there is some progress and in terms of beating out the more dominant sneaker players such as Nike and Puma it seems like on on cloud on holdings is doing a very good job doing that. Now note that shares have been depressed this year. They're down around 35%. They have actually underperformed rivals amid the tariff dispute between the US and Switzerland and the broader uh negotiations around apparel tariffs when it comes to uh exports from China. So on holdings bucking that recent trend in the green up nearly 9%."

The commentary highlights on Holdings, a Swiss sneaker brand backed by Roger Federer, that has outperformed recently with a beat in earnings and a guidance raise, resulting in a 9% pre-market gain despite previous underperformance.