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Compare ON Holding AG (ONON) vs TeraWulf Inc (WULF) Price & Performance

ON Holding AGTrade
TeraWulf IncTrade

Price performance (Past 24H)

Key statistics

ON Holding AG vs TeraWulf Inc — how do they compare? ON Holding AG trades at $27.01 (market cap $9.11B), while TeraWulf Inc trades at $17.19 (market cap $8.91B). The key difference: ON Holding AG and TeraWulf Inc are close in size by market cap, and TeraWulf Inc is trading nearer its 52-week high, ON Holding AG nearer its low. Which is the better fit depends on your goals.

ONONWULF
Market Cap
$9.11B$8.91B
Sector
TechnologyTechnology
52-Week High
$50.63$28.98
52-Week Low
$26.84$10.49
Enterprise Value
$8.25B$11.53B

Aura AI Summary

Signals from Pluang's Aura AI — not financial advice

ON Holding AG

ONON trades at $27.27, down 2.57% on the day, with a bearish technical signal despite recent earnings beats. The stock shows strong fundamentals with a 64.82% gross margin and 12.3% net income margin, while analyst consensus remains optimistic with a $45.67 price target. Recent news highlights robust APAC growth but notes tariff and cost risks.

Outlook is mixed: strong DTC growth and margin expansion support upside, but near-term headwinds include U.S. tariffs and wholesale restraint. The stock's current valuation near support levels may offer entry points for long-term investors despite technical weakness.

TeraWulf Inc

WULF trades at $17.86, up 8.18% today, amid a bullish technical signal despite mixed moving averages. The company reported a net loss of $661.42M in 2025 with a negative net margin of -1,179.94%, though revenue was $168.46M. Recent news highlights its pivot to AI data centers, including a Kentucky power agreement approval (GlobeNewsWire, 2026-08-24).

Analyst consensus is strongly bullish with a $35.94 price target, but high valuation ratios and persistent losses pose risks. Investment opportunity hinges on successful execution of AI infrastructure expansion, while risks include cash burn and competitive pressures in the data center space.

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

About ON Holding AG

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

About TeraWulf Inc

TeraWulf develops, owns, and operates fully integrated digital infrastructure powered by predominantly zero-carbon energy. It utilizes a hybrid business model that combines industrial-scale Bitcoin mining with high-performance computing (HPC) and AI hosting, leveraging sustainable power sources like nuclear and hydroelectric to deliver low-cost, energy-efficient data center solutions.

Read more on WULF