10 High Growth European Stocks To Buy

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2. On Holding AG (NYSE:ONON)

5-Year Revenue Growth Rate: 57.83%

Number of Hedge Fund Holders: 52

On Holding AG (NYSE:ONON) ranks among the best high growth European stocks to buy. KeyBanc reduced its price target for On Holding AG (NYSE:ONON) to $58 from $68 on January 22, while maintaining an Overweight rating on the company’s shares. The cut came in spite of KeyBanc naming On Holding AG (NYSE:ONON) as one of the “best growth stories” for 2026.

KeyBanc continues to be optimistic about On Holding’s core strengths, citing its “strong growth setup” fueled by global momentum, product pipeline strength, pricing flexibility, and continued customer loyalty.

Meanwhile, on January 19, Goldman Sachs upgraded On Holding AG (NYSE:ONON) from Neutral to Buy and increased its price target to $59 from $52. The upgrade came as Goldman Sachs determined that the stock’s de-rating over the last year provides a compelling entry point for buyers.

Goldman Sachs expects On Holding AG (NYSE:ONON) to outperform fourth-quarter 2025 market projections, citing high-frequency data indicating a solid holiday season for the brand.

On Holding AG (NYSE:ONON) is involved in the development and distribution of sports products, including apparel, footwear, and accessories. The company sells its products across the globe through global distributors, independent retailers, an online presence, and its stores.

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