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

Onto Innovation Inc. (NYSE:ONTO) has earned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $186.25.

Several equities research analysts have recently commented on the company. B. Riley upped their price objective on Onto Innovation from $180.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of Onto Innovation in a research report on Wednesday, October 8th. Evercore ISI lifted their price objective on Onto Innovation from $115.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, November 4th. Stifel Nicolaus boosted their price objective on Onto Innovation from $126.00 to $180.00 and gave the company a “hold” rating in a research note on Wednesday, January 14th. Finally, Jefferies Financial Group raised their target price on shares of Onto Innovation from $170.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, December 15th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ONTO. NewEdge Advisors LLC increased its stake in Onto Innovation by 312.5% in the 1st quarter. NewEdge Advisors LLC now owns 4,121 shares of the semiconductor company’s stock worth $500,000 after buying an additional 3,122 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Onto Innovation by 76.4% in the first quarter. Goldman Sachs Group Inc. now owns 482,256 shares of the semiconductor company’s stock worth $58,517,000 after acquiring an additional 208,907 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of 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 worth $19,810,000 after purchasing an additional 13,175 shares in the last quarter. Strs Ohio bought a new stake in Onto Innovation during the 1st quarter valued at approximately $590,000. Finally, Harbor Capital Advisors Inc. raised its stake in Onto Innovation by 63.9% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 23,906 shares of the semiconductor company’s stock valued at $2,413,000 after purchasing an additional 9,324 shares during the period. Hedge funds and other institutional investors own 98.35% of the company’s stock.

Onto Innovation Stock Performance

Onto Innovation stock opened at $220.44 on Wednesday. The stock has a market cap of $10.80 billion, a PE ratio of 62.27, a price-to-earnings-growth ratio of 1.22 and a beta of 1.46. Onto Innovation has a one year low of $85.88 and a one year high of $228.42. The stock has a fifty day moving average of $157.98 and a 200 day moving average of $130.41.

Onto Innovation (NYSE:ONTO) last released its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. Onto Innovation had a return on equity of 13.11% and a net margin of 17.46%.The business had revenue of $218.19 million during the quarter, compared to the consensus estimate of $220.23 million. During the same period in the previous year, the company posted $1.34 EPS. The business’s quarterly revenue was down 13.5% compared to the same quarter last year. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. As a group, sell-side analysts predict that Onto Innovation will post 6.26 EPS for the current fiscal year.

About Onto Innovation

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.