Veytics Intelligence
2026-09-22 · NASDAQ

On Holding Stock Pops On $1 Billion Buyback News

Key Points On's stock was down over 40% in 2026 through trading on Money but bounced after an investor presentation. Management reiterated 2026 guidance and said growth through 2029 would be in the high teens. A $1 billion buyback program was also cheered by investors, which could reduce shares outstanding by 10%. 10 stocks we like better than On Holding › On Holding (NYSE: ONON) was up over 10% on Tuesday after announcing guidance through 2029 and a $1 billion buyback program. This eases some fears that revenue growth was slowing following a guidance reduction when Q2 earnings were released.

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