The Investor
23 Sep 2026, 17:59
On Holding Stock Rises 3% as Analysts Reiterate Buy Ratings and Needham Raises Target
On Holding shares rose 3% to $30.26 as several analysts reiterated bullish ratings on the athletic footwear and apparel company.
BTIG Research maintained a Buy rating with a $60 price target, implying nearly 98% upside from the latest share price. UBS and Citigroup also reiterated Buy ratings, while Needham raised its price target to $40 from $37 and kept a Buy rating.
Reasons behind the positive sentiment include continued brand momentum, expansion in performance running and lifestyle footwear, and expectations for further international growth. Investors may also be focusing on On’s premium pricing power, improving scale and opportunities to expand apparel and direct-to-consumer sales.
The 3% gain suggests the combination of multiple positive analyst views and a higher Needham target reinforced confidence in the company’s long-term growth outlook.
On Holding shares rose 3% to $30.26 as several analysts reiterated bullish ratings on the athletic footwear and apparel company.
BTIG Research maintained a Buy rating with a $60 price target, implying nearly 98% upside from the latest share price. UBS and Citigroup also reiterated Buy ratings, while Needham raised its price target to $40 from $37 and kept a Buy rating.
Reasons behind the positive sentiment include continued brand momentum, expansion in performance running and lifestyle footwear, and expectations for further international growth. Investors may also be focusing on On’s premium pricing power, improving scale and opportunities to expand apparel and direct-to-consumer sales.
The 3% gain suggests the combination of multiple positive analyst views and a higher Needham target reinforced confidence in the company’s long-term growth outlook.