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ONEX Corporation ( (TSE:ONEX) ) just unveiled an update.
Onex Corporation, a Toronto-listed alternative asset manager, primarily allocates capital to private equity and related investment platforms for a broad base of global institutional and high-net-worth clients. The firm holds a 63% equity stake in Convex Group Limited, an international specialty insurer and reinsurer operating in Bermuda, London, Europe and the United States, where it leverages advanced technology and a lean operating model.
Onex reported that Convex delivered strong 2025 results, with gross premiums written rising 14% and net premiums earned up 20%, while maintaining a robust combined ratio of 89%. Net income at Convex jumped 40% to $711 million, and Onex deepened its exposure by investing $3.8 billion of capital in the business in February 2026, with plans to begin providing fair value estimates of this investment from the first quarter of 2026, underscoring Convex’s growing importance within Onex’s portfolio.
The most recent analyst rating on (TSE:ONEX) stock is a Hold with a C$113.00 price target. To see the full list of analyst forecasts on ONEX Corporation stock, see the TSE:ONEX Stock Forecast page.
Spark’s Take on ONEX Stock
According to Spark, TipRanks’ AI Analyst, ONEX is a Neutral.
The score is driven primarily by solid underlying financial strength (profitability and balance sheet) and a clearly attractive valuation (low P/E), supported by a constructive earnings call outlook and strategic progress. These are partially offset by weak technical momentum and the company’s historically volatile revenue and cash-flow profile.
To see Spark’s full report on ONEX stock, click here.
More about ONEX Corporation
Onex Corporation is a global investment firm that invests and manages capital on behalf of its shareholders and institutional clients, including pension plans, sovereign wealth funds, banks and insurance companies. Founded in 1984 and listed on the Toronto Stock Exchange, it oversees about $59.2 billion in assets under management, of which $8.7 billion is its own capital, through offices in Toronto, New York, New Jersey and London.
Average Trading Volume: 117,634
Technical Sentiment Signal: Hold
Current Market Cap: C$7.41B
For detailed information about ONEX stock, go to TipRanks’ Stock Analysis page.