Onto Innovation (NYSE:ONTO) Announces Q4 2026 Earnings Guidance

Onto Innovation (NYSE:ONTO) issued an update on its fourth quarter 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.590-2.790 for the period, compared to the consensus earnings per share estimate of 2.470. The company issued revenue guidance of $430.0 million-$450.0 million, compared to the consensus revenue estimate of $409.5 million.

Analyst Ratings Changes

A number of equities analysts have commented on ONTO shares. Evercore initiated coverage on shares of Onto Innovation in a research report on Tuesday. They set a “strong-buy” rating for the company. Royal Bank Of Canada dropped their price objective on shares of Onto Innovation from $400.00 to $350.00 and set an “outperform” rating on the stock in a research report on Tuesday. Weiss Ratings raised shares of Onto Innovation from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 21st. Wall Street Zen upgraded shares of Onto Innovation from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Finally, The Goldman Sachs Group initiated coverage on shares of Onto Innovation in a report on Monday, August 17th. They issued a “buy” rating and a $400.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $352.08.

Onto Innovation Stock Performance

NYSE ONTO opened at $215.19 on Thursday. The firm has a 50-day moving average price of $249.92 and a two-hundred day moving average price of $259.13. Onto Innovation has a 12-month low of $121.57 and a 12-month high of $386.46. The company has a market capitalization of $10.56 billion, a P/E ratio of 28.02, a P/E/G ratio of 0.63 and a beta of 1.66. The company has a quick ratio of 8.33, a current ratio of 6.78 and a debt-to-equity ratio of 0.74.

Onto Innovation (NYSE:ONTO) last released its earnings results on Monday, November 9th. The semiconductor company reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.30 by $0.14. The firm had revenue of $409.75 million during the quarter, compared to the consensus estimate of $392.06 million. Onto Innovation had a return on equity of 17.18% and a net margin of 11.53%. The company’s revenue was up 87.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.92 EPS. Analysts anticipate that Onto Innovation will post 8.31 earnings per share for the current year.

Insider Activity at Onto Innovation

In other news, Director Susan Lynch sold 1,000 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $302.30, for a total value of $302,300.00. Following the completion of the transaction, the director directly owned 2,684 shares in the company, valued at approximately $811,373.20. This represents a 27.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director David Miller sold 2,000 shares of Onto Innovation stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $300.00, for a total value of $600,000.00. Following the sale, the director directly owned 10,692 shares in the company, valued at $3,207,600. The trade was a 15.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

Onto Innovation Company Profile

Onto Innovation develops process-control and inspection solutions used in semiconductor manufacturing. Its products include metrology and inspection systems, lithography equipment, and software that help manufacturers monitor production processes and identify defects. The company serves producers of semiconductor devices, advanced packaging, and specialty components. Its technologies support applications ranging from traditional wafer fabrication to newer packaging methods used in complex chips.