On Holding AG (ONON): A Bull Case Theory
From Yahoo Finance.: 2025-06-09 09:29:00
On Holding AG (ONON) shares were trading at $58.53 on June 3rd, with a trailing P/E of 76.41 and forward P/E of 55.25. On Holding has shifted to a single-CEO structure with Martin Hoffmann as CEO. Revenue surged 43% to $727 million, exceeding expectations, with 60% gross margins. ONON raised full-year guidance to 28% revenue growth, but its high valuation may pose risks for investors. The company’s performance is strong, but potential investors may want to wait for a better entry point. Hedge funds have increased their holdings of ONON, but other AI stocks may offer better returns with less risk.
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