• On Holding AG ONON witnessed a remarkable 32% year-over-year growth in net sales, totaling CHF 749.2 million in Q2.
• The company updated its full-year guidance following a 10% increase in its share price post-earnings.
• Even with a downgrade from Jefferies, 19 out of 22 analysts rate ONON as a “buy” or “strong buy”.

Despite recent growth in net sales and a positive outlook from many analysts, On Holding AG faced scrutiny with a downgrade from Jefferies. This occurred after strong second-quarter results.

Investors should consider the potential for future price movements while evaluating the market’s reaction to this mixed response.