B. Riley Financial Boosts Onto Innovation (NYSE:ONTO) Price Target to $310.00

Key Points

• B. Riley Financial raised its price target on Onto Innovation to $310 (from $275) and maintains a "buy" rating, implying about a 22.96% upside from the current price.
• The analyst consensus remains a "Moderate Buy" with a $260 average target (1 Strong Buy, 7 Buy, 2 Hold), while several firms have recently raised targets into the $275–$300 range.
• Shares traded around $252.12 (down ~2% intraday); the company reported $1.26 EPS (missed by $0.02) with revenue of $266.9M (up 1.1% year-over-year) and set Q1 guidance of 1.260–1.360 EPS.

Onto Innovation (NYSE:ONTO - Get Free Report) had its target price increased by investment analysts at B. Riley Financial from $275.00 to $310.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a "buy" rating on the semiconductor company's stock. B. Riley Financial's price target would suggest a potential upside of 22.96% from the company's current price.

A number of other equities analysts have also recently issued reports on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Onto Innovation in a report on Thursday, January 22nd. Needham & Company LLC increased their target price on Onto Innovation from $260.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Cantor Fitzgerald increased their target price on Onto Innovation from $275.00 to $300.00 and gave the stock an "overweight" rating in a report on Monday, April 6th. Stifel Nicolaus set a $220.00 target price on Onto Innovation in a report on Friday, February 20th. Finally, Evercore reissued an "outperform" rating and issued a $250.00 target price on shares of Onto Innovation in a report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $260.00.

Onto Innovation Stock Down 2.0%

Shares of ONTO stock traded down $5.02 during mid-day trading on Monday, reaching $252.12. The stock had a trading volume of 502,124 shares, compared to its average volume of 886,666. The firm's 50 day simple moving average is $210.25 and its 200 day simple moving average is $174.75. Onto Innovation has a one year low of $85.88 and a one year high of $258.99. The firm has a market cap of $12.54 billion, a PE ratio of 91.04, a P/E/G ratio of 1.34 and a beta of 1.47.

Onto Innovation (NYSE:ONTO - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The semiconductor company reported $1.26 EPS for the quarter, missing analysts' consensus estimates of $1.28 by ($0.02). Onto Innovation had a return on equity of 12.20% and a net margin of 13.60%.The firm had revenue of $266.87 million during the quarter, compared to the consensus estimate of $265.78 million. During the same quarter in the prior year, the business posted $1.51 EPS. Onto Innovation's revenue was up 1.1% compared to the same quarter last year. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. Sell-side analysts forecast that Onto Innovation will post 6.26 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Onto Innovation

A number of hedge funds and other institutional investors have recently bought and sold shares of ONTO. Westside Investment Management Inc. increased its holdings in Onto Innovation by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 198 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 99 shares in the last quarter. Root Financial Partners LLC increased its holdings in Onto Innovation by 71.2% during the 4th quarter. Root Financial Partners LLC now owns 178 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 74 shares in the last quarter. Transamerica Financial Advisors LLC increased its holdings in Onto Innovation by 188.5% during the 4th quarter. Transamerica Financial Advisors LLC now owns 176 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 115 shares in the last quarter. Blue Trust Inc. boosted its position in Onto Innovation by 2,061.5% in the 3rd quarter. Blue Trust Inc. now owns 281 shares of the semiconductor company's stock valued at $36,000 after buying an additional 268 shares during the last quarter. Finally, Harbor Investment Advisory LLC bought a new position in Onto Innovation in the 3rd quarter valued at $37,000. 98.35% of the stock is owned by institutional investors and hedge funds.

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.

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