ON Holding AG vs Progressive Corp — how do they compare? ON Holding AG trades at $35.09 (market cap $11.38B), while Progressive Corp trades at $217.43 (market cap $126.95B). The key difference: Progressive Corp is far larger — about 11.2× ON Holding AG's market cap, and Progressive Corp pays a 0.18% dividend while ON Holding AG pays none. Which is the better fit depends on your goals — on Pluang, investors hold ON Holding AG for 22 Days and Progressive Corp for 81 Days on average.
| ONON | PGR | |
|---|---|---|
Market Cap | $11.38B | $126.95B |
Volume | 13,732,872 | 2,749,438 |
Sector | Consumer Cyclical | Financials |
52-Week High | $50.63 | $242.16 |
52-Week Low | $26.76 | $190.40 |
Typical Hold Time | 22 Days | 81 Days |
Enterprise Value | $10.54B | $135.16B |
Dividend Yield | — | 0.18% |
Signals from Pluang's Aura AI — not financial advice
ONON stock trades at $35.09, up 5.63% with strong bullish momentum. The company demonstrates robust fundamentals with 64.82% gross margins and consistent earnings beats, including Q2 2026 EPS of $0.44 versus $0.42 expected. Recent investor day announcements of a $1 billion buyback program and ambitious 2029 targets have fueled positive sentiment. Technical indicators show bullish moving averages but overbought RSI conditions.
Outlook remains positive with analyst consensus at $42.26 target (20% upside) and 74% buy ratings. Key opportunities include premium store expansion and new sports categories, while risks involve execution on growth targets and competitive pressures in athletic footwear. The stock's current valuation at 24x P/E reflects growth expectations.
Progressive Corporation (PGR) trades at $217.43, up 1.55% with a bullish technical outlook supported by moving averages and strong institutional interest. The company demonstrates robust fundamentals with revenue growing from $49.6B in 2022 to $87.6B in 2025, net income reaching $11.3B, and impressive profitability metrics including 34.94% ROE. Recent earnings show mixed results with Q2 2026 beating expectations while Q1 2026 missed, with Q3 2026 results pending.
The stock presents a compelling value opportunity with a P/E of 10.97 and positive analyst sentiment (38.1% buy ratings), though competitive pressures in auto insurance and potential market volatility pose risks. With a consensus price target of $222.23 offering modest upside, PGR remains well-positioned for long-term growth given its operational strength and dividend consistency.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
ON Holding AG is a Swiss sports company primarily known for its high-performance running shoes, apparel, and accessories under the 'On' brand. The company emphasizes a blend of high-end design, proprietary cloud technology (like CloudTec cushioning), and sustainability in its products. On has rapidly gained market share globally, appealing to both competitive athletes and general consumers in the performance and lifestyle footwear segments.
Read more on ONON →Progressive underwrites private and commercial auto insurance and specialty lines
Read more on PGR →