Onto Innovation Inc. (NYSE:ONTO) Receives $252.50 Consensus Price Target from Analysts

Onto Innovation Inc. (NYSE:ONTO) has earned an average rating of “Moderate Buy” from the ten brokerages that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $252.50.

A number of brokerages recently issued reports on ONTO. B. Riley Financial upped their target price on Onto Innovation from $240.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Stifel Nicolaus set a $220.00 price target on Onto Innovation in a research report on Friday, February 20th. Oppenheimer reiterated an “outperform” rating and issued a $265.00 price objective on shares of Onto Innovation in a research note on Friday, February 20th. Jefferies Financial Group reissued a “buy” rating and issued a $300.00 price objective on shares of Onto Innovation in a report on Friday, February 20th. Finally, Cantor Fitzgerald upgraded shares of Onto Innovation from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $170.00 to $275.00 in a research report on Monday, February 16th.

Onto Innovation Price Performance

Shares of NYSE:ONTO opened at $211.62 on Monday. Onto Innovation has a 12 month low of $85.88 and a 12 month high of $232.49. The firm has a market capitalization of $10.52 billion, a P/E ratio of 76.40, a P/E/G ratio of 1.07 and a beta of 1.47. The company’s fifty day moving average price is $207.26 and its 200 day moving average price is $169.19.

Onto Innovation (NYSE:ONTO) last released its quarterly earnings data on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by ($0.02). The company had revenue of $266.87 million during the quarter, compared to analyst estimates of $265.78 million. Onto Innovation had a net margin of 13.60% and a return on equity of 12.20%. The business’s revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.51 EPS. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. On average, sell-side analysts anticipate that Onto Innovation will post 6.26 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Principal Financial Group Inc. increased its position in Onto Innovation by 31.2% in the 3rd quarter. Principal Financial Group Inc. now owns 145,532 shares of the semiconductor company’s stock valued at $18,806,000 after acquiring an additional 34,567 shares during the period. EFG Asset Management North America Corp. purchased a new stake in Onto Innovation during the 3rd quarter valued at approximately $1,549,000. New York State Common Retirement Fund lifted its position in Onto Innovation by 64.9% during the 3rd quarter. New York State Common Retirement Fund now owns 117,232 shares of the semiconductor company’s stock worth $15,149,000 after acquiring an additional 46,118 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in Onto Innovation by 36.6% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 51,176 shares of the semiconductor company’s stock worth $6,613,000 after acquiring an additional 13,714 shares during the period. Finally, Liberty One Investment Management LLC purchased a new position in shares of Onto Innovation in the 3rd quarter valued at approximately $1,408,000. 98.35% of the stock is owned by hedge funds and other institutional investors.

Onto Innovation Company Profile

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.