Onto Innovation (ONTO) Stock Price, News & Analysis

Company Overview

Onto Innovation Inc. (NYSE:ONTO) develops process control, inspection, metrology and lithography systems used in the semiconductor and advanced packaging industries. Its technologies help chip manufacturers monitor and improve processes throughout wafer fabrication, packaging and other stages of production.

The company’s products include optical metrology systems, wafer and macro-defect inspection tools, three-dimensional metrology solutions, lithography systems and process-control software. These products are designed to identify defects, measure critical dimensions and film properties, and support yield improvement for semiconductor manufacturers and other customers involved in advanced electronics production.

Onto Innovation was formed in 2019 through the combination of Rudolph Technologies and Nanometrics. The company serves customers globally, with operations and sales activities supporting semiconductor manufacturing markets across North America, Asia and Europe. Onto Innovation is headquartered in Wilmington, Massachusetts, and is led by President and Chief Executive Officer Michael Plisinski.

Key Stats

• Today's Range: $273.06 to $283.01
• 50-Day Range: $217.83 to $351.91
• 52-Week Range: $118.97 to $386.46
• Volume: 176,313 shs
• Average Volume: 1.06 million shs
• Market Capitalization: $13.77 billion
• P/E Ratio: 105.40
• Dividend Yield: N/A
• Price Target: $378.00
• Consensus Rating: Buy

Onto Innovation Stock Analysis - MarketRank™

Onto Innovation scored higher than 98% of companies evaluated by MarketBeat, and ranked 26th out of 594 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Buy

Consensus Rating

Onto Innovation has received a consensus rating of Buy. The company's average rating score is 3.08, and is based on 2 strong buy ratings, 10 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Onto Innovation has a consensus price target of $378.00, representing about 35.6% upside from its current price of $278.83.

Amount of Analyst Coverage

Onto Innovation has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 45.77%

Earnings Growth

Earnings for Onto Innovation are expected to grow by 45.77% in the coming year, from $8.04 to $11.72 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Onto Innovation is 105.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.13.

Price to Earnings Ratio vs. Sector

The P/E ratio of Onto Innovation is 105.32, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 78.69.

Price to Earnings Growth Ratio

Onto Innovation has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Onto Innovation has a P/B Ratio of 6.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.05% of the float of Onto Innovation has been sold short.

Short Interest Ratio / Days to Cover

Onto Innovation has a short interest ratio ("days to cover") of 2.66, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Onto Innovation has recently decreased by 3.65%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Onto Innovation does not currently pay a dividend.

Dividend Growth

Onto Innovation does not have a long track record of dividend growth.

News and Social Media

• Score: 4.7 / 5
• News Sentiment: 1.51

News Sentiment

Onto Innovation has a news sentiment score of 1.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Onto Innovation this week, compared to 5 articles on an average week.

Search Interest

17 people have searched for ONTO on MarketBeat in the last 30 days. This is an increase of 31% compared to the previous 30 days.

MarketBeat Follows

15 people have added Onto Innovation to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Onto Innovation insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $302,300.00 in company stock.

Percentage Held by Insiders

0.51% of the stock of Onto Innovation is held by insiders.

Percentage Held by Institutions

98.35% of the stock of Onto Innovation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/06/2026
• Today: 9/23/2026
• Next Earnings (Estimated): 11/05/2026
• Investor Day 2026: 12/17/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Technology
• Industry: Semiconductors & Semiconductor Equipment
• Sub-Industry: Semiconductor Materials & Equipment
• Current Symbol: NYSE:ONTO
• CIK: 704532
• Web: www.ontoinnovation.com
• Phone: (978) 253-6200
• Fax: 408-232-5910
• Employees: 1,615
• Year Founded: 2019

Price Target and Rating

• Average Price Target for Onto Innovation: $378.00
• High Price Target: $450.00
• Low Price Target: $310.00
• Potential Upside/Downside: +33.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.08
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.66
• Trailing P/E Ratio: 106.28
• Forward P/E Ratio: 35.27
• P/E Growth: 0.9
• Net Income: $136.76 million
• Net Margins: 11.84%
• Pretax Margin: 14.11%
• Return on Equity: 13.44%
• Return on Assets: 10.30%

Debt

• Debt-to-Equity Ratio: 0.77
• Current Ratio: 9.73
• Quick Ratio: 8.33

Sales & Book Value

• Annual Sales: $1.01 billion
• Price / Sales: 13.84
• Cash Flow: $6.27 per share
• Price / Cash Flow: 45.21
• Book Value: $42.86 per share
• Price / Book: 6.62

Miscellaneous

• Outstanding Shares: 49,070,000
• Free Float: 48,824,000
• Market Cap: $13.91 billion
• Optionable: Optionable
• Beta: 1.59