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Why Onex Corp stock is rising today

By Wealth Awesome Newsroom -
Stocks & ETFs:ONEX.TO

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Onex Corp is experiencing notable gains, reflecting positive investor sentiment and market dynamics.

Onex Corp (ONEX.TO) is rising today, showcasing a robust increase of 2.99% as the market reacts to the company's strong fundamentals and upcoming announcements.

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Onex Corp

ONEX.TO

Full stock page โ†’

ONEX.TO

Onex Corp

Source:WealthAwesomeWealthAwesome
โ†“ $13.21 (-11.32%)
120 day period
$95.96$106.35$116.74Feb 2Apr 29Jul 23

Market cap

$7.91B

P/E

8.9x

Div. yield

0.28%

Div. / share

$0.29

52W high

$131.01

52W low

$94.97

1W change

-4.79%

Beta

0.96

Analyst Price Targets

Based on analyst covering ONEX

๐Ÿ“ˆ

Wall Street analysts forecast ONEX stock price to rise 49.8% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$155.00

+49.8% Upside

Current Price

C$103.44

Last close

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on ONEX's historical volatility

HistoricalForecast68%95%
C$65.37C$77.20C$89.03C$100.86C$112.69C$124.52TodayMar 17May 21Jul 23Sep 4Oct 18Nov 30

30-Day Vol

24.4%

Annualized

90-Day Vol

27.0%

Annualized

Trend (90d)

-38.2%

Annualized drift

90d Mean

C$90.26

Expected price

HorizonExpected68% Range (1ฯƒ)
30 trading daysC$98.85C$90.85 โ€“ C$107.55
60 trading daysC$94.45C$83.83 โ€“ C$106.42
90 trading daysC$90.26C$77.99 โ€“ C$104.46

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯƒ, 95% band = ยฑ2ฯƒ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Investor takeaway: With a market cap of approximately CA$7.9 billion and a P/E ratio of 8.86, Onex presents itself as a potentially attractive investment in the current market landscape.

Onex Corp Market Cap: CA$7.9 Billion

With a profit margin of 68.16%, Onex demonstrates strong operational efficiency, making it an appealing choice for investors seeking stability.

Bull case

The upcoming announcement of second-quarter results on August 13, 2026, is likely fueling optimism among investors. Many believe the company may report strong performance metrics, which could further boost confidence in its future prospects.

Bear case

Despite today's gains, investors should stay cautious. Market conditions can change quickly, and Onex's performance will ultimately depend on its ability to meet future expectations.

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