Onto Innovation (ONTO) Stock Price, News & Analysis

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Onto Innovation in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ONTO shares.
View ONTO analyst ratings or view top-rated stocks.

6 equities research analysts have issued twelve-month price targets for Onto Innovation's stock. Their ONTO share price targets range from $123.00 to $235.00. On average, they expect the company's share price to reach $191.60 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price.
View analysts price targets for ONTO or view top-rated stocks among Wall Street analysts.

Onto Innovation's stock was trading at $152.90 at the beginning of the year. Since then, ONTO shares have increased by 16.2% and is now trading at $177.70.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our ONTO earnings forecast.

Onto Innovation will be holding an earnings conference call on Thursday, May 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Onto Innovation Inc. (NYSE:ONTO) announced its quarterly earnings results on Thursday, February, 8th. The semiconductor company reported $1.06 earnings per share for the quarter, beating analysts' consensus estimates of $0.99 by $0.07. The semiconductor company had revenue of $219 million for the quarter, compared to analysts' expectations of $209.06 million. Onto Innovation had a net margin of 14.85% and a trailing twelve-month return on equity of 10.95%. The firm's revenue was down 13.5% on a year-over-year basis. During the same period last year, the company posted $1.57 earnings per share.

ETFs with the largest weight of Onto Innovation (NYSE:ONTO) stock in their portfolio include ProShares Nanotechnology ETF (TINY), Invesco S&P SmallCap Information Technology ETF (PSCT), Neuberger Berman Disrupters ETF (NBDS), Innovator Deepwater Frontier Tech ETF (LOUP), Invesco Semiconductors ETF (PSI), Invesco Dorsey Wright Technology Momentum ETF (PTF), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and Invesco S&P MidCap Momentum ETF (XMMO).

Onto Innovation updated its first quarter 2024 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of 1.000-1.200 for the period, compared to the consensus EPS estimate of 1.090. The company issued revenue guidance of $215.0 million-$230.0 million, compared to the consensus revenue estimate of $217.6 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Onto Innovation investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Applied Materials (AMAT), Micron Technology (MU), AbbVie (ABBV), Cisco Systems (CSCO), Lumentum (LITE), Nokia Oyj (NOK), Boeing (BA) and Ford Motor (F).

Onto Innovation's stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.96%), Congress Asset Management Co. MA (0.87%), Vaughan Nelson Investment Management L.P. (0.33%), Tributary Capital Management LLC (0.19%), Congress Wealth Management LLC DE (0.12%) and Bridge City Capital LLC (0.04%). Insiders that own company stock include Bruce C Rhine, David Brian Miller, Ju Jin, Kevin Heidrich, Mark Slicer, Michael P Plisinski, Michael P Plisinski, Robert Fiordalice, Srinivas Vedula, Steven R Roth and Yoon Ah Oh.
View institutional ownership trends.

Shares of ONTO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.