<p>On Holding（纽约证券交易所代码：ONON）在过去三个月内被 21 位分析师分析，揭示了从看涨到看跌的多样化观点。</p>
<p>下表提供了他们最近评级的简要概览，展示了过去 30 天情绪的变化，并与前几个月进行比较。</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>看涨</strong></th>
<th align="right"><strong>稍微看涨</strong></th>
<th align="right"><strong>无所谓</strong></th>
<th align="right"><strong>稍微看跌</strong></th>
<th align="right"><strong>看跌</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>总评级</strong></td>
<td align="right">8</td>
<td align="right">11</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>过去 30 天</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1 个月前</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2 个月前</strong></td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3 个月前</strong></td>
<td align="right">7</td>
<td align="right">9</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>分析师们提供了 12 个月的价格目标，显示出平均目标为 61.43 美元，最高预估为 85.00 美元，最低预估为 47.00 美元。当前的平均目标比之前的 63.30 美元下降了 2.95%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1768395658_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="价格目标图表" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1768395658_0.png"/></p>
<h2>解读分析师评级：更深入的观察</h2>
<p>对近期分析师行动的分析揭示了金融专家对 On Holding 的看法。以下总结展示了关键分析师、他们的最新评估以及对评级和价格目标的调整。</p>
<table>
<thead>
<tr>
<th>分析师</th>
<th>分析师公司</th>
<th>采取的行动</th>
<th>评级</th>
<th>当前价格目标</th>
<th>之前价格目标</th>
</tr>
</thead>
<tbody>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>维持</td>
<td>超越大盘</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Sam Poser</td>
<td>Williams Trading</td>
<td>下调</td>
<td>持有</td>
<td>$47.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Simeon Siegel</td>
<td>Guggenheim</td>
<td>宣布</td>
<td>买入</td>
<td>$59.00</td>
<td>-</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Piper Sandler</td>
<td>上调</td>
<td>超重</td>
<td>$60.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>下调</td>
<td>超重</td>
<td>$60.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Grace Smalley</td>
<td>JP Morgan</td>
<td>上调</td>
<td>超重</td>
<td>$75.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>上调</td>
<td>买入</td>
<td>$57.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Jay Sole</td>
<td>UBS</td>
<td>上调</td>
<td>买入</td>
<td>$85.00</td>
<td>$79.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>维持</td>
<td>超越大盘</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Alex Straton</td>
<td>Morgan Stanley</td>
<td>上调</td>
<td>超重</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>上调</td>
<td>超越大盘</td>
<td>$60.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Thierry Cota</td>
<td>B of A Securities</td>
<td>上调</td>
<td>买入</td>
<td>$63.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>上调</td>
<td>买入</td>
<td>$65.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Richard Edwards</td>
<td>Goldman Sachs</td>
<td>上调</td>
<td>中性</td>
<td>$52.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Tom Nikic</td>
<td>Needham</td>
<td>下调</td>
<td>买入</td>
<td>$52.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>下调</td>
<td>买入</td>
<td>$60.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>下调</td>
<td>超越大盘</td>
<td>$50.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Piper Sandler</td>
<td>下调</td>
<td>超重</td>
<td>$55.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>维持</td>
<td>超越大盘</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Janine Stichter</td>
<td>BTIG</td>
<td>维持</td>
<td>买入</td>
<td>$70.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Rick Patel</td>
<td>Raymond James</td>
<td>下调</td>
<td>超越大盘</td>
<td>$55.00</td>
<td>$66.00</td>
</tr>
</tbody>
</table>
<h3>关键见解：</h3>
<ul>
<li><strong>采取的行动：</strong> 分析师根据市场条件和公司表现的变化调整他们的建议。无论是 “维持”、“上调” 还是 “下调”，都反映了他们对 On Holding 近期发展的反应。这些信息提供了分析师对公司当前状态的看法快照。</li>
<li><strong>评级：</strong> 分析师提供全面分析，给出从 “超越大盘” 到 “表现不佳” 的定性评估。这些评级反映了对 On Holding 相对于更广泛市场表现的预期。</li>
<li><strong>价格目标：</strong> 分析师设定价格目标作为对股票未来价值的估计。比较当前和之前的价格目标可以洞察分析师的预期如何随时间变化。这些信息对寻求了解股票潜在未来表现的投资者非常有价值。</li>
</ul>
<p>为了全面了解 On Holding 的市场表现，请查看这些分析师评估以及重要的财务指标。保持信息灵通，利用我们的评级表做出明智的决策。</p>
<p>随时了解 On Holding 的分析师评级。</p>
<h2>更好地了解 On Holding</h2>
<p>On Holding AG 是一家以技术、设计和影响力为根基的高端运动品牌。其鞋类、服装和配饰产品主要设计用于运动、休闲或休闲用途。它不制造产品或原材料，而是依赖第三方供应商和合同制造商。就地域而言，其大部分收入来自美洲，其余来自欧洲、中东和非洲以及亚太地区。</p>
<h3>解开 On Holding 的财务故事</h3>
<p><strong>市值分析：</strong> 公司的市值低于行业基准，相较于同行反映出较小的规模。这可能归因于增长预期或运营能力等因素。</p>
<p><strong>积极的收入趋势：</strong> 对 On Holding 的财务数据进行 3 个月的审查显示出积极的叙述。截止 2025 年 9 月 30 日，该公司实现了显著的收入增长率，达到 <strong>24.95%</strong>，展示了顶线收益的显著增加。与消费品行业的其他公司相比，该公司的增长率高于同行的平均水平。</p>
<p><strong>净利润率：</strong> 公司的净利润率表现突出，超过行业平均水平。凭借 <strong>14.97%</strong> 的令人印象深刻的净利润率，该公司展示了强大的盈利能力和有效的成本控制。</p>
<p><strong>股本回报率（ROE）：</strong> On Holding 的 ROE 表现突出，超过行业平均水平。凭借 <strong>8.09%</strong> 的令人印象深刻的 ROE，该公司展示了有效利用股本和强大的财务表现。</p>
<p><strong>资产回报率 (ROA)：</strong> On Holding 的资产回报率超过行业标准，突显了公司的卓越财务表现。凭借令人印象深刻的 <strong>4.49%</strong> 的资产回报率，公司有效利用其资产以实现最佳回报。</p>
<p><strong>债务管理：</strong> On Holding 的债务与股本比率低于行业规范，表明其财务结构稳健，比例为 <strong>0.33</strong>。</p>
<h2>分析师评级：简化版</h2>
<p>分析师在银行和金融系统中工作，通常专注于股票或特定行业的报告。分析师可能会参加公司电话会议和会议，研究公司财务报表，并与内部人士沟通，以发布股票的 “分析师评级”。分析师通常每季度对每只股票进行一次评级。</p>
<p>除了标准评估外，一些分析师还会对增长预估、收益和收入等指标做出预测，为投资者提供额外指导。使用分析师评级的用户应注意，这些专业建议受到人类观点的影响，可能会有所变化。</p>
<p>本文由 Benzinga 的自动内容引擎生成，并经过编辑审核。</p>

昂跑

<p>On Holding（纽约证券交易所代码：ONON）在过去三个月内获得了 21 位分析师的褒贬不一的评级，12 个月的平均目标价为 61.43 美元，较之前的 63.30 美元有所下降。近期的行动包括评级的上调和下调，反映了市场条件的变化。分析师的评级范围从 “跑赢大盘” 到 “跑输大盘”，其中 Telsey Advisory Group 和 Guggenheim 等公司设定了显著的目标价。该公司展现出强劲的财务表现，收入增长率为 24.95%，净利润率为 14.97%。On Holding 的债务与股本比率为 0.33，表明其财务管理稳健</p>

<p>On Holding (NYSE: ONON) has been analyzed by 21 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.</p>
<div class="lb-trans"><p>On Holding（纽约证券交易所代码：ONON）在过去三个月内被 21 位分析师分析，揭示了从看涨到看跌的多样化观点。</p>
</div><p>The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<div class="lb-trans"><p>下表提供了他们最近评级的简要概览，展示了过去 30 天情绪的变化，并与前几个月进行比较。</p>
</div><table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">8</td>
<td align="right">11</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">7</td>
<td align="right">9</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th align="right"><strong>看涨</strong></th>
<th align="right"><strong>稍微看涨</strong></th>
<th align="right"><strong>无所谓</strong></th>
<th align="right"><strong>稍微看跌</strong></th>
<th align="right"><strong>看跌</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>总评级</strong></td>
<td align="right">8</td>
<td align="right">11</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>过去 30 天</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1 个月前</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2 个月前</strong></td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3 个月前</strong></td>
<td align="right">7</td>
<td align="right">9</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
</div><p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $61.43, along with a high estimate of $85.00 and a low estimate of $47.00. This current average represents a 2.95% decrease from the previous average price target of $63.30.</p>
<div class="lb-trans"><p>分析师们提供了 12 个月的价格目标，显示出平均目标为 61.43 美元，最高预估为 85.00 美元，最低预估为 47.00 美元。当前的平均目标比之前的 63.30 美元下降了 2.95%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1768395658_0.png" alt="price target chart" original-src="https://www.benzinga.com/files/images/story/2026/1768395658_0.png"/></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<div class="lb-trans"><h2>解读分析师评级：更深入的观察</h2>
</div><p>The analysis of recent analyst actions sheds light on the perception of On Holding by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<div class="lb-trans"><p>对近期分析师行动的分析揭示了金融专家对 On Holding 的看法。以下总结展示了关键分析师、他们的最新评估以及对评级和价格目标的调整。</p>
</div><table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Sam Poser</td>
<td>Williams Trading</td>
<td>Lowers</td>
<td>Hold</td>
<td>$47.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Simeon Siegel</td>
<td>Guggenheim</td>
<td>Announces</td>
<td>Buy</td>
<td>$59.00</td>
<td>-</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$60.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$60.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Grace Smalley</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$75.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$57.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Jay Sole</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$85.00</td>
<td>$79.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Alex Straton</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$60.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Thierry Cota</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$63.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$65.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Richard Edwards</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$52.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Tom Nikic</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$52.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$60.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$50.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$55.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Janine Stichter</td>
<td>BTIG</td>
<td>Maintains</td>
<td>Buy</td>
<td>$70.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Rick Patel</td>
<td>Raymond James</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$55.00</td>
<td>$66.00</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>分析师</th>
<th>分析师公司</th>
<th>采取的行动</th>
<th>评级</th>
<th>当前价格目标</th>
<th>之前价格目标</th>
</tr>
</thead>
<tbody>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>维持</td>
<td>超越大盘</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Sam Poser</td>
<td>Williams Trading</td>
<td>下调</td>
<td>持有</td>
<td>$47.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Simeon Siegel</td>
<td>Guggenheim</td>
<td>宣布</td>
<td>买入</td>
<td>$59.00</td>
<td>-</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Piper Sandler</td>
<td>上调</td>
<td>超重</td>
<td>$60.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>下调</td>
<td>超重</td>
<td>$60.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Grace Smalley</td>
<td>JP Morgan</td>
<td>上调</td>
<td>超重</td>
<td>$75.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>上调</td>
<td>买入</td>
<td>$57.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Jay Sole</td>
<td>UBS</td>
<td>上调</td>
<td>买入</td>
<td>$85.00</td>
<td>$79.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>维持</td>
<td>超越大盘</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Alex Straton</td>
<td>Morgan Stanley</td>
<td>上调</td>
<td>超重</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>上调</td>
<td>超越大盘</td>
<td>$60.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Thierry Cota</td>
<td>B of A Securities</td>
<td>上调</td>
<td>买入</td>
<td>$63.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>上调</td>
<td>买入</td>
<td>$65.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Richard Edwards</td>
<td>Goldman Sachs</td>
<td>上调</td>
<td>中性</td>
<td>$52.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Tom Nikic</td>
<td>Needham</td>
<td>下调</td>
<td>买入</td>
<td>$52.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>下调</td>
<td>买入</td>
<td>$60.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>下调</td>
<td>超越大盘</td>
<td>$50.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Piper Sandler</td>
<td>下调</td>
<td>超重</td>
<td>$55.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Cristina Fernandez</td>
<td>Telsey Advisory Group</td>
<td>维持</td>
<td>超越大盘</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Janine Stichter</td>
<td>BTIG</td>
<td>维持</td>
<td>买入</td>
<td>$70.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Rick Patel</td>
<td>Raymond James</td>
<td>下调</td>
<td>超越大盘</td>
<td>$55.00</td>
<td>$66.00</td>
</tr>
</tbody>
</table>
</div><h3>Key Insights:</h3>
<div class="lb-trans"><h3>关键见解：</h3>
</div><ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to On Holding. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of On Holding compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>采取的行动：</strong> 分析师根据市场条件和公司表现的变化调整他们的建议。无论是 “维持”、“上调” 还是 “下调”，都反映了他们对 On Holding 近期发展的反应。这些信息提供了分析师对公司当前状态的看法快照。</li>
<li><strong>评级：</strong> 分析师提供全面分析，给出从 “超越大盘” 到 “表现不佳” 的定性评估。这些评级反映了对 On Holding 相对于更广泛市场表现的预期。</li>
<li><strong>价格目标：</strong> 分析师设定价格目标作为对股票未来价值的估计。比较当前和之前的价格目标可以洞察分析师的预期如何随时间变化。这些信息对寻求了解股票潜在未来表现的投资者非常有价值。</li>
</ul>
</div><p>To gain a panoramic view of On Holding's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<div class="lb-trans"><p>为了全面了解 On Holding 的市场表现，请查看这些分析师评估以及重要的财务指标。保持信息灵通，利用我们的评级表做出明智的决策。</p>
</div><p>Stay up to date on On Holding analyst ratings.</p>
<div class="lb-trans"><p>随时了解 On Holding 的分析师评级。</p>
</div><h2>Get to Know On Holding Better</h2>
<div class="lb-trans"><h2>更好地了解 On Holding</h2>
</div><p>On Holding AG is a premium performance sports brand rooted in technology, design, and impact. Its shoes, apparel, and accessories products are designed predominantly for athletic use, casual, or leisure purposes. It does not manufacture the products or the raw materials and relies instead on third-party suppliers and contract manufacturers. Geographically, it derives a majority of its revenue from the Americas and rest from Europe, Middle East and Africa and Asia-Pacific region.</p>
<div class="lb-trans"><p>On Holding AG 是一家以技术、设计和影响力为根基的高端运动品牌。其鞋类、服装和配饰产品主要设计用于运动、休闲或休闲用途。它不制造产品或原材料，而是依赖第三方供应商和合同制造商。就地域而言，其大部分收入来自美洲，其余来自欧洲、中东和非洲以及亚太地区。</p>
</div><h3>Unraveling the Financial Story of On Holding</h3>
<div class="lb-trans"><h3>解开 On Holding 的财务故事</h3>
</div><p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
<div class="lb-trans"><p><strong>市值分析：</strong> 公司的市值低于行业基准，相较于同行反映出较小的规模。这可能归因于增长预期或运营能力等因素。</p>
</div><p><strong>Positive Revenue Trend:</strong> Examining On Holding's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>24.95%</strong> as of 30 September, 2025, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.</p>
<div class="lb-trans"><p><strong>积极的收入趋势：</strong> 对 On Holding 的财务数据进行 3 个月的审查显示出积极的叙述。截止 2025 年 9 月 30 日，该公司实现了显著的收入增长率，达到 <strong>24.95%</strong>，展示了顶线收益的显著增加。与消费品行业的其他公司相比，该公司的增长率高于同行的平均水平。</p>
</div><p><strong>Net Margin:</strong> The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of <strong>14.97%,</strong> the company showcases strong profitability and effective cost control.</p>
<div class="lb-trans"><p><strong>净利润率：</strong> 公司的净利润率表现突出，超过行业平均水平。凭借 <strong>14.97%</strong> 的令人印象深刻的净利润率，该公司展示了强大的盈利能力和有效的成本控制。</p>
</div><p><strong>Return on Equity (ROE):</strong> On Holding's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>8.09%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<div class="lb-trans"><p><strong>股本回报率（ROE）：</strong> On Holding 的 ROE 表现突出，超过行业平均水平。凭借 <strong>8.09%</strong> 的令人印象深刻的 ROE，该公司展示了有效利用股本和强大的财务表现。</p>
</div><p><strong>Return on Assets (ROA):</strong> On Holding's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>4.49%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<div class="lb-trans"><p><strong>资产回报率 (ROA)：</strong> On Holding 的资产回报率超过行业标准，突显了公司的卓越财务表现。凭借令人印象深刻的 <strong>4.49%</strong> 的资产回报率，公司有效利用其资产以实现最佳回报。</p>
</div><p><strong>Debt Management:</strong> On Holding's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.33</strong>.</p>
<div class="lb-trans"><p><strong>债务管理：</strong> On Holding 的债务与股本比率低于行业规范，表明其财务结构稳健，比例为 <strong>0.33</strong>。</p>
</div><h2>Analyst Ratings: Simplified</h2>
<div class="lb-trans"><h2>分析师评级：简化版</h2>
</div><p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish &#34;analyst ratings&#34; for stocks. Analysts typically rate each stock once per quarter.</p>
<div class="lb-trans"><p>分析师在银行和金融系统中工作，通常专注于股票或特定行业的报告。分析师可能会参加公司电话会议和会议，研究公司财务报表，并与内部人士沟通，以发布股票的 “分析师评级”。分析师通常每季度对每只股票进行一次评级。</p>
</div><p>Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.</p>
<div class="lb-trans"><p>除了标准评估外，一些分析师还会对增长预估、收益和收入等指标做出预测，为投资者提供额外指导。使用分析师评级的用户应注意，这些专业建议受到人类观点的影响，可能会有所变化。</p>
</div><p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>
<div class="lb-trans"><p>本文由 Benzinga 的自动内容引擎生成，并经过编辑审核。</p>
</div>

分析师对 On Holding AG 股票的评价