Added to YB: 2026-10-09
Pitch date: 2026-10-07
ONON [bullish]
On Holding AG
+8.07%
current return
Author Info
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Company Info
On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific.
Market Cap
$9.2B
Pitch Price
$32.85
Price Target
56.76 (+60%)
Dividend
N/A
EV/EBITDA
14.74
P/E
23.25
EV/Sales
2.65
Sector
Textiles, Apparel and Luxury Goods
Category
value
$100K public portfolio: New transaction - On Holding AG
ONON (added to position): On Holding was increased to 7.7% of fund cost, or 8.6% at market value, at $33.13 — below the new buying ceiling of $39.73, equal to 70% of the $56.76 DCF fair value. Roughly $2,209 remains for a final tranche only if November’s third-quarter results support the ambitious 2029 targets; Jefferies has argued those targets are too ambitious.
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