B. Riley Predicts Onto Innovation's Q2 Earnings (NYSE:ONTO)

Onto Innovation Inc. (NYSE:ONTO - Free Report) - Research analysts at B. Riley lowered their Q2 2025 earnings estimates for Onto Innovation in a report released on Thursday, May 8th. B. Riley analyst C. Ellis now forecasts that the semiconductor company will earn $1.28 per share for the quarter, down from their prior estimate of $1.42. The consensus estimate for Onto Innovation's current full-year earnings is $6.26 per share. B. Riley also issued estimates for Onto Innovation's Q1 2026 earnings at $1.42 EPS, Q2 2026 earnings at $1.47 EPS, Q3 2026 earnings at $1.54 EPS and Q4 2026 earnings at $1.61 EPS.

Several other equities research analysts have also recently issued reports on ONTO. Needham & Company LLC lowered their price objective on Onto Innovation from $230.00 to $150.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Benchmark lowered their price target on Onto Innovation from $230.00 to $190.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. StockNews.com downgraded Onto Innovation from a "hold" rating to a "sell" rating in a research note on Friday, May 9th. Cantor Fitzgerald restated a "neutral" rating and issued a $135.00 price objective (down previously from $250.00) on shares of Onto Innovation in a report on Monday, May 5th. Finally, Stifel Nicolaus lowered their target price on shares of Onto Innovation from $200.00 to $180.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Onto Innovation presently has a consensus rating of "Moderate Buy" and a consensus price target of $177.14.

Onto Innovation Stock Down 0.5%

Shares of NYSE ONTO traded down $0.50 during trading on Monday, hitting $97.54. The company had a trading volume of 142,997 shares, compared to its average volume of 892,455. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 24.03, a price-to-earnings-growth ratio of 0.89 and a beta of 1.55. The stock has a fifty day simple moving average of $121.37 and a two-hundred day simple moving average of $157.20. Onto Innovation has a fifty-two week low of $85.88 and a fifty-two week high of $238.93.

Onto Innovation (NYSE:ONTO - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The semiconductor company reported $1.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.47 by $0.04. The firm had revenue of $267.00 million for the quarter, compared to analysts' expectations of $267.03 million. Onto Innovation had a net margin of 20.43% and a return on equity of 14.24%. The firm's revenue for the quarter was up 16.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.18 EPS.

Institutional Trading of Onto Innovation

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Granahan Investment Management LLC grew its holdings in shares of Onto Innovation by 113.8% in the first quarter. Granahan Investment Management LLC now owns 57,101 shares of the semiconductor company's stock valued at $6,929,000 after purchasing an additional 30,397 shares during the period. Hancock Whitney Corp grew its stake in shares of Onto Innovation by 11.0% in the 1st quarter. Hancock Whitney Corp now owns 2,742 shares of the semiconductor company's stock valued at $333,000 after buying an additional 271 shares during the period. EFG Asset Management North America Corp. grew its stake in shares of Onto Innovation by 37.4% in the 1st quarter. EFG Asset Management North America Corp. now owns 26,067 shares of the semiconductor company's stock valued at $3,161,000 after buying an additional 7,097 shares during the period. Alliancebernstein L.P. increased its holdings in shares of Onto Innovation by 50.5% during the 1st quarter. Alliancebernstein L.P. now owns 331,996 shares of the semiconductor company's stock worth $40,284,000 after buying an additional 111,372 shares during the last quarter. Finally, Amundi raised its position in shares of Onto Innovation by 199.2% during the 1st quarter. Amundi now owns 347,900 shares of the semiconductor company's stock valued at $42,214,000 after buying an additional 231,629 shares during the period. 98.35% of the stock is owned by institutional investors and hedge funds.

Onto Innovation Company Profile

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.