ON (ONON) Expected to Release Quarterly Earnings on Tuesday

ON (NYSE:ONON) will likely be issuing its Q3 2026 results before the market opens on Tuesday, November 10th. Analysts expect the company to announce earnings of $0.4597 per share and revenue of $1.11 billion for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 10, 2026 at 8:00 AM ET.

ON (NYSE:ONON) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.07). ON had a return on equity of 22.92% and a net margin of 12.09%. The firm had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the business posted ($0.09) earnings per share. ON’s revenue was up 13.5% on a year-over-year basis. On average, analysts expect ON to post $1.50 EPS for the current fiscal year and $1.76 EPS for the next fiscal year.

ON Stock Up 2.5%

Shares of ONON traded up $0.88 during midday trading on Tuesday, reaching $36.40. 4,338,814 shares of the stock were exchanged, compared to its average volume of 7,155,730. The company has a market cap of $23.23 billion, a price-to-earnings ratio of 24.76, a P/E/G ratio of 0.63 and a beta of 2.08. The firm has a 50 day simple moving average of $30.83 and a 200-day simple moving average of $36.67. The company has a quick ratio of 2.25, a current ratio of 2.83 and a debt-to-equity ratio of 0.25. ON has a 12-month low of $26.36 and a 12-month high of $51.08.

Wall Street Analyst Weigh In

ONON has been the topic of a number of recent research reports. Capital One Financial set a $28.00 price target on shares of ON in a report on Tuesday, September 8th. Guggenheim set a $42.00 price target on ON in a report on Friday, September 11th. Sanford C. Bernstein reiterated an “outperform” rating on shares of ON in a report on Thursday, September 24th. Bank of America dropped their target price on shares of ON from $46.00 to $43.00 and set a “buy” rating on the stock in a report on Thursday, September 17th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of ON in a research report on Tuesday, October 20th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $43.56.

Insider Buying and Selling at ON

In related news, CEO Caspar Coppetti bought 65,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average cost of $30.67 per share, for a total transaction of $1,993,550.00. Following the purchase, the chief executive officer directly owned 2,440,855 shares in the company, valued at $74,861,022.85. This trade represents a 2.74% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Olivier Bernhard bought 65,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were bought at an average price of $30.67 per share, with a total value of $1,993,550.00. Following the completion of the purchase, the insider owned 5,228,184 shares in the company, valued at approximately $160,348,403.28. The trade was a 1.26% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 68.57% of the company’s stock.

ON Company Profile

On Holding AG, commonly known as On, is a Swiss sportswear company that develops and sells performance footwear, apparel and accessories. The company serves athletes and everyday consumers with products designed for running, training, outdoor activities and lifestyle use.

On is best known for its running shoes, which incorporate proprietary technologies such as CloudTec cushioning and the Speedboard propulsion system. Its product portfolio also includes athletic clothing, outerwear and accessories.