On Holding AG (NYSE:ONON) is one of the

10 Best 52-Week Low NYSE Stocks to Buy Now.

On March 27, 2026, Evercore ISI analyst Michael Binetti lowered the price target on On Holding AG (NYSE:ONON) to $45 from $58 and maintained an Outperform rating, saying the CEO’s exit “injects a new layer of uncertainty” while noting it does not change the firm’s core view.

On March 26, 2026, Telsey Advisory analyst Cristina Fernandez lowered the price target on On Holding AG (NYSE:ONON) to $60 from $65 and maintained an Outperform rating, citing near-term risks from the leadership transition but pointing to continued growth drivers including product innovation, store expansion, and market penetration.

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On March 25, 2026, BTIG reiterated a Buy rating and $70 price target, saying the transition reflects the company’s next phase of growth rather than business challenges, with management describing the outlook as “as high as ever.”

Earlier that day, the company announced that co-founders David Allemann and Caspar Coppetti will become co-CEOs effective May 1, Scott Maguire will serve as president and COO, and Martin Hoffmann will step down and remain an advisor through March 2027, with Frank Sluis joining as CFO.

On Holding AG (NYSE:ONON) develops and distributes performance sports products globally.

While we acknowledge the potential of ONON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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