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Shares of On Are Skyrocketing - Can This Trend Continue?

On stock is trading -29.82% below its average target price of $61.54 after marking a 3.4% during today's morning session. Analysts are giving the Large-Cap Footwear & Accessories company an average rating of buy and target prices ranging from $29.688879 to $83.63222 per share.

The stock has an average amount of shares sold short at 7.2%, and a short ratio of 1.87. The company's insiders own 21.73% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 63.2% of On's shares being owned by this investor type.

Institutions Invested in On

Date Reported Holder Percentage Shares Value
2025-09-30 FMR, LLC 10% 29,104,410 $1,257,019,427
2025-09-30 Morgan Stanley 6% 17,122,416 $739,517,123
2025-09-30 JPMORGAN CHASE & CO 4% 10,929,234 $472,033,601
2025-09-30 Alliancebernstein L.P. 3% 9,756,483 $421,382,487
2025-09-30 Sands Capital Management, LLC 2% 6,769,430 $292,371,672
2025-09-30 UBS Group AG 2% 6,495,807 $280,553,895
2025-09-30 Blackrock Inc. 2% 5,614,585 $242,493,918
2025-09-30 T. Rowe Price Investment Management, Inc. 2% 4,993,962 $215,689,211
2025-09-30 BAMCO Inc. 2% 4,746,553 $205,003,617
2025-09-30 Jennison Associates LLC 1% 4,094,195 $176,828,276

Besides an analyst consensus of strong upside potential, other market factors point to there being positive market sentiment on On.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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