Onto Innovation Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Onto Innovation in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Onto Innovation stock.
View analyst ratings for Onto Innovation or view top-rated stocks.

Wall Street analysts have given Onto Innovation a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Onto Innovation wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Onto Innovation is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Onto Innovation.

Onto Innovation will be holding an earnings conference call on Thursday, August 5th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 888-203-1112 with passcode "2955228".

Onto Innovation Inc. (NYSE:ONTO) issued its quarterly earnings data on Thursday, April, 29th. The semiconductor company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.04. The semiconductor company had revenue of $169.28 million for the quarter, compared to analysts' expectations of $162.05 million. Onto Innovation had a net margin of 10.16% and a trailing twelve-month return on equity of 8.96%.
View Onto Innovation's earnings history.

Onto Innovation's stock was trading at $35.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ONTO shares have increased by 101.0% and is now trading at $71.00.
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Onto Innovation issued an update on its second quarter 2021 earnings guidance on Thursday, May, 6th. The company provided earnings per share guidance of 0.760-0.850 for the period, compared to the Thomson Reuters consensus estimate of $0.710. The company issued revenue guidance of $173 million-$184 million, compared to the consensus revenue estimate of $166.70 million.

4 brokerages have issued 12 month price targets for Onto Innovation's stock. Their forecasts range from $50.00 to $98.00. On average, they anticipate Onto Innovation's share price to reach $76.00 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price.
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Some companies that are related to Onto Innovation include Applied Materials (AMAT), Lam Research (LRCX), KLA (KLAC), Entegris (ENTG), MKS Instruments (MKSI), Brooks Automation (BRKS), Amkor Technology (AMKR), CMC Materials (CCMP), Advanced Energy Industries (AEIS), FormFactor (FORM), Ultra Clean (UCTT), Xperi (XPER), Cohu (COHU), Axcelis Technologies (ACLS) and Veeco Instruments (VECO).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Onto Innovation investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Applied Materials (AMAT), Micron Technology (MU), AbbVie (ABBV), Cisco Systems (CSCO), Lumentum (LITE), Nokia (NOK), The Boeing (BA) and Ford Motor (F).

Onto Innovation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ONTO."

Onto Innovation's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (2.39%), Emerald Advisers LLC (0.91%), Alliancebernstein L.P. (0.15%), State of Alaska Department of Revenue (0.07%), Advisors Asset Management Inc. (0.02%) and USA Financial Portformulas Corp (0.00%). Company insiders that own Onto Innovation stock include Bruce C Rhine, Kevin Heidrich, Michael P Plisinski, Robert Alan Koch, Rollin Kocher and Steven R Roth.
View institutional ownership trends for Onto Innovation.

ONTO stock was sold by a variety of institutional investors in the last quarter, including Emerald Advisers LLC. Company insiders that have sold Onto Innovation company stock in the last year include Bruce C Rhine, Kevin Heidrich, Michael P Plisinski, Robert Alan Koch, and Steven R Roth.
View insider buying and selling activity for Onto Innovation or view top insider-selling stocks.

ONTO stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Advisors Asset Management Inc., Alliancebernstein L.P., USA Financial Portformulas Corp, and State of Alaska Department of Revenue.
View insider buying and selling activity for Onto Innovation or or view top insider-buying stocks.

Shares of ONTO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ONTO stock can currently be purchased for approximately $71.00.

Onto Innovation has a market capitalization of $3.48 billion and generates $556.50 million in revenue each year. The semiconductor company earns $31.02 million in net income (profit) each year or $1.93 on an earnings per share basis.

Onto Innovation employs 1,247 workers across the globe.

The official website for Onto Innovation is www.ontoinnovation.com.

Onto Innovation is headquartered at 16 JONSPIN ROAD, WILMINGTON MA, 01887.

Onto Innovation's mailing address is 16 JONSPIN ROAD, WILMINGTON MA, 01887. The semiconductor company can be reached via phone at (978) 253-6200 or via email at [email protected]