Onto Innovation (NYSE:ONTO) Issues Q3 2025 Earnings Guidance

Key Points

• Onto Innovation has issued Q3 2025 earnings guidance with an anticipated EPS range of 0.750-0.950, below the consensus estimate of 1.030.
• The company's revenue guidance for the same period is projected between $210.0 million and $225.0 million, slightly lower than the consensus revenue estimate of $222.2 million.
• Analysts have mixed opinions on Onto Innovation's stock, with a consensus price target of $141.67, including four buy ratings and three hold ratings.

Onto Innovation (NYSE:ONTO - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.750-0.950 for the period, compared to the consensus EPS estimate of 1.030. The company issued revenue guidance of $210.0 million-$225.0 million, compared to the consensus revenue estimate of $222.2 million.

Onto Innovation Stock Performance

Shares of ONTO traded up $2.44 during mid-day trading on Thursday, hitting $92.44. 2,149,119 shares of the company traded hands, compared to its average volume of 1,238,519. The stock has a 50-day moving average price of $98.08 and a two-hundred day moving average price of $124.56. Onto Innovation has a 1 year low of $85.88 and a 1 year high of $228.42. The stock has a market cap of $4.51 billion, a price-to-earnings ratio of 20.91, a P/E/G ratio of 0.62 and a beta of 1.44.

Onto Innovation (NYSE:ONTO - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $1.25 earnings per share for the quarter, missing the consensus estimate of $1.27 by ($0.02). Onto Innovation had a net margin of 21.36% and a return on equity of 14.85%. On average, analysts forecast that Onto Innovation will post 6.26 EPS for the current year.

Wall Street Analysts Forecast Growth

ONTO has been the subject of a number of research reports. Jefferies Financial Group set a $110.00 target price on shares of Onto Innovation and gave the company a "hold" rating in a report on Tuesday, May 20th. Stifel Nicolaus reduced their target price on shares of Onto Innovation from $200.00 to $180.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Needham & Company LLC reduced their target price on shares of Onto Innovation from $230.00 to $150.00 and set a "buy" rating for the company in a report on Friday, May 9th. Oppenheimer reduced their target price on shares of Onto Innovation from $150.00 to $130.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Finally, Cantor Fitzgerald reduced their target price on shares of Onto Innovation from $110.00 to $90.00 and set a "neutral" rating for the company in a report on Tuesday, June 24th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Onto Innovation has an average rating of "Moderate Buy" and a consensus price target of $141.67.

Hedge Funds Weigh In On Onto Innovation

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its stake in Onto Innovation by 76.4% during the first quarter. Goldman Sachs Group Inc. now owns 482,256 shares of the semiconductor company's stock valued at $58,517,000 after purchasing an additional 208,907 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Onto Innovation by 8.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 163,259 shares of the semiconductor company's stock valued at $19,810,000 after purchasing an additional 13,175 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in Onto Innovation by 312.5% during the first quarter. NewEdge Advisors LLC now owns 4,121 shares of the semiconductor company's stock valued at $500,000 after purchasing an additional 3,122 shares in the last quarter. Institutional investors own 98.35% of the company's stock.

About Onto Innovation

Onto Innovation Inc engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.

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