Onto Innovation Inc. (NYSE:ONTO) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Onto Innovation Inc. (NYSE:ONTO) have been assigned a consensus rating of “Moderate Buy” from the ten analysts that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $171.25.

Several equities research analysts recently issued reports on the company. Oppenheimer lifted their price objective on Onto Innovation from $130.00 to $180.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Evercore ISI lifted their price target on Onto Innovation from $115.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 4th. B. Riley increased their price objective on Onto Innovation from $173.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Needham & Company LLC upped their price target on Onto Innovation from $150.00 to $200.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Finally, Stifel Nicolaus increased their price objective on Onto Innovation from $110.00 to $120.00 and gave the stock a “hold” rating in a research report on Monday, October 13th.

Onto Innovation Stock Performance

ONTO stock opened at $197.04 on Wednesday. Onto Innovation has a one year low of $85.88 and a one year high of $228.42. The firm’s fifty day moving average is $153.30 and its 200 day moving average is $128.04. The firm has a market cap of $9.66 billion, a PE ratio of 55.66, a P/E/G ratio of 1.07 and a beta of 1.46.

Onto Innovation (NYSE:ONTO) last posted its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The company had revenue of $218.19 million during the quarter, compared to analysts’ expectations of $220.23 million. Onto Innovation had a net margin of 17.46% and a return on equity of 13.11%. The firm’s revenue for the quarter was down 13.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.34 earnings per share. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. Research analysts predict that Onto Innovation will post 6.26 earnings per share for the current fiscal year.

Institutional Trading of Onto Innovation

A number of large investors have recently made changes to their positions in the company. Westside Investment Management Inc. increased its position in Onto Innovation by 100.0% during the third quarter. Westside Investment Management Inc. now owns 198 shares of the semiconductor company’s stock worth $27,000 after buying an additional 99 shares during the period. Blue Trust Inc. boosted its holdings in Onto Innovation by 2,061.5% during the third quarter. Blue Trust Inc. now owns 281 shares of the semiconductor company’s stock worth $36,000 after buying an additional 268 shares in the last quarter. Harbor Investment Advisory LLC acquired a new position in shares of Onto Innovation during the 3rd quarter worth $37,000. Danske Bank A S purchased a new stake in shares of Onto Innovation in the third quarter valued at about $39,000. Finally, Farther Finance Advisors LLC grew its holdings in Onto Innovation by 76.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 320 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 139 shares during the last quarter. 98.35% of the stock is currently owned by hedge funds and other institutional investors.

Onto Innovation Company Profile

Onto Innovation (NYSE:ONTO) is a global supplier of advanced process control and inspection systems for semiconductor and electronics manufacturers. The company’s solutions span metrology, inspection, defect review and lithography mask repair, helping customers optimize yield, reduce costs and improve device performance. By integrating high-resolution optical and e-beam tools with sophisticated software analytics, Onto Innovation enables wafer, mask and advanced packaging producers to maintain tight process control across leading-edge nodes and specialty applications.

Key products include high-throughput wafer metrology systems, optical and e-beam defect inspection platforms, mask inspection and repair tools, and data-driven software for yield management and process optimization.