JPMorgan Resumes On Holding Coverage with Overweight Rating
JPMorgan resumed coverage of On Holding AG (ONON) on July 2, 2026, with an Overweight rating and $51 price target. The bank also placed the stock on Positive Catalyst Watch, citing potential for above-consensus Q2 results.
Key Numbers
On July 2, 2026, JPMorgan resumed coverage of On Holding AG (NYSE:ONON) with an Overweight rating and a $51 price target. The firm also placed the shares on "Positive Catalyst Watch," indicating expectations for positive near-term developments.
Rating Change
The previous rating from JPMorgan is not disclosed, but the new Overweight rating signals a bullish stance. The $51 price target implies upside from current trading levels.
Analyst Rationale
JPMorgan analysts believe On Holding could deliver Q2 results above consensus estimates, which may act as a catalyst for the stock. The Positive Catalyst Watch suggests the firm anticipates specific positive events in the near future.
Context
On Holding is listed among the 10 fastest-growing consumer stocks to buy now. No other analysts have commented recently, but the stock has shown strong performance.
What to Make of It
JPMorgan's positive coverage may attract investor attention to ONON, especially with the expectation of strong Q2 results. However, investors should weigh potential risks before investing.
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