Onto Innovation Inc. (NYSE:ONTO) Given Consensus Rating of "Buy" by Analysts

Key Points

• Analysts' consensus: Ten research firms give ONTO a Buy consensus (1 hold, 8 buy, 1 strong-buy) with an average 12‑month target of $300.63, and several firms have recently raised targets (Needham $320, Stifel $350, B. Riley $310, Evercore $315).
• Recent results and guidance: Onto reported quarterly EPS of $1.26 (missed by $0.02) and revenue of $266.87M (slightly above expectations), set Q1 2026 EPS guidance of $1.260–1.360, and analysts project FY EPS of 6.72.
• Market and ownership: Shares traded around $292.48 (near the 12‑month high) with a market cap of ~$14.55B and a P/E of 105.6, and institutional investors own about 98.35% of the stock.

Shares of Onto Innovation Inc. (NYSE:ONTO - Get Free Report) have earned a consensus rating of "Buy" from the ten research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $300.6250.

ONTO has been the subject of several research reports. B. Riley Financial boosted their price objective on shares of Onto Innovation from $275.00 to $310.00 and gave the company a "buy" rating in a report on Monday, April 13th. Needham & Company LLC boosted their price objective on shares of Onto Innovation from $275.00 to $320.00 and gave the company a "buy" rating in a report on Monday. Zacks Research raised shares of Onto Innovation from a "hold" rating to a "strong-buy" rating in a report on Wednesday, December 31st. Evercore reissued an "outperform" rating and set a $315.00 price objective on shares of Onto Innovation in a report on Friday, April 17th. Finally, Stifel Nicolaus set a $350.00 price objective on shares of Onto Innovation and gave the company a "buy" rating in a report on Friday, April 17th.

Institutional Trading of Onto Innovation

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Transamerica Financial Advisors LLC increased its holdings in Onto Innovation by 188.5% during the fourth quarter. Transamerica Financial Advisors LLC now owns 176 shares of the semiconductor company's stock valued at $28,000 after buying an additional 115 shares during the last quarter. Root Financial Partners LLC increased its holdings in Onto Innovation by 71.2% during the fourth quarter. Root Financial Partners LLC now owns 178 shares of the semiconductor company's stock valued at $28,000 after buying an additional 74 shares during the last quarter. Westside Investment Management Inc. increased its holdings in Onto Innovation by 100.0% during the third quarter. Westside Investment Management Inc. now owns 198 shares of the semiconductor company's stock valued at $27,000 after buying an additional 99 shares during the last quarter. CIBC Private Wealth Group LLC increased its holdings in Onto Innovation by 109.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 245 shares of the semiconductor company's stock valued at $39,000 after buying an additional 128 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in Onto Innovation during the fourth quarter valued at approximately $39,000. 98.35% of the stock is owned by hedge funds and other institutional investors.

Onto Innovation Stock Down 1.6%

ONTO opened at $292.48 on Friday. The firm has a 50 day moving average price of $223.21 and a 200-day moving average price of $183.20. Onto Innovation has a twelve month low of $85.88 and a twelve month high of $301.00. The stock has a market capitalization of $14.55 billion, a price-to-earnings ratio of 105.59, a PEG ratio of 1.47 and a beta of 1.47.

Onto Innovation (NYSE:ONTO - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.02). Onto Innovation had a net margin of 13.60% and a return on equity of 12.20%. The company had revenue of $266.87 million for the quarter, compared to analysts' expectations of $265.78 million. During the same period in the previous year, the firm earned $1.51 earnings per share. The firm's revenue for the quarter was up 1.1% on a year-over-year basis. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. As a group, analysts expect that Onto Innovation will post 6.72 earnings per share for the current year.

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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