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On Holding AG Announces Key Board Elections and Financial Approvals

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On Holding AG Announces Key Board Elections and Financial Approvals

Confident Investing Starts Here:

On Holding AG ( (ONON) ) has provided an update.

On Holding AG held its Annual General Meeting on May 22, 2025, where shareholders approved several key agenda items, including the acknowledgment of the 2024 financial statements, re-elections of board members, and the election of Helena Helmersson as a new board member. The meeting also saw the approval of compensation for board members and executive officers, as well as the conversion of Class B shares to Class A shares. The election of Helena Helmersson, former CEO of H&M Group, is expected to bolster On’s strategic growth, leveraging her extensive experience in retail and sustainability.

The most recent analyst rating on (ONON) stock is a Hold with a $55.00 price target. To see the full list of analyst forecasts on On Holding AG stock, see the ONON Stock Forecast page.

Spark’s Take on ONON Stock

According to Spark, TipRanks’ AI Analyst, ONON is a Outperform.

On Holding AG’s overall stock score of 77 reflects its robust financial performance and positive earnings outlook. The strong growth trajectory and operational efficiency are significant strengths. However, the high valuation and technical indicators suggest the stock may be overbought, which introduces caution. While the earnings call highlights optimism, potential challenges from tariffs and FX volatility are considerations. The company’s premium positioning and innovation efforts further support the positive outlook.

To see Spark’s full report on ONON stock, click here.

More about On Holding AG

On Holding AG, a Swiss company founded in the Swiss Alps in 2010, specializes in premium footwear, apparel, and accessories for high-performance running, outdoor activities, and tennis. Known for its innovative CloudTec® and LightSpray™ technologies, On has established a global presence in over 80 countries, aiming to inspire movement and exploration.

Average Trading Volume: 5,854,346

Technical Sentiment Signal: Buy

Current Market Cap: $19.05B

Learn more about ONON stock on TipRanks’ Stock Analysis page.

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