Onto Innovation Inc Reaches 20-Day High on Positive Market Sentiment
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Updated: 03 Dec 25
Source: NASDAQ.COM
Onto Innovation Inc. has seen a price increase of 5.67%, reaching a 20-day high. This movement reflects strong investor interest and positive sentiment in the market.
The Nasdaq-100 is up 0.94% and the S&P 500 is up 0.36%, indicating a broader market rally that has positively influenced tech stocks like Onto Innovation Inc.
This upward trend may suggest increased confidence in the company's future performance, potentially leading to further gains as market conditions remain favorable.
ONTO$0.0000%Past 6 months

No Data
Analyst Views on ONTO
Wall Street analysts forecast ONTO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ONTO is 158.44 USD with a low forecast of 126.00 USD and a high forecast of 180.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast ONTO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ONTO is 158.44 USD with a low forecast of 126.00 USD and a high forecast of 180.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 160.370

Current: 160.370

maintain
$173 -> $180
Reason
B. Riley analyst Craig Ellis raised the firm's price target on Onto Innovation to $180 from $173 and keeps a Buy rating on the shares. The firm updated its model after Onto Innovation completed acquisition of Semilab International for $495M.
maintain
$170 -> $173
Reason
B. Riley raised the firm's price target on Onto Innovation to $173 from $170 and keeps a Buy rating on the shares.
maintain
$120 -> $126
Reason
Stifel raised the firm's price target on Onto Innovation to $126 from $120 and keeps a Hold rating on the shares. The company's Q3 results and Q4 outlook were in line, reflecting an expected sequential rebound off the low Q3 levels, the analyst tells investors in a research note. The firm added that Onto's commentary suggests potential for choppiness into Q1, with visibility into timing/magnitude of expansion yet unclear.
Outperform
upgrade
$115 -> $160
Reason
Evercore ISI raised the firm's price target on Onto Innovation to $160 from $115 and keeps an Outperform rating on the shares. The firm likes the Onto setup into the print, as it believes the company is well positioned to benefit from the re-acceleration in memory/high bandwidth memory spend. Onto screens as the lowest price/equity stock in the firm's coverage universe, with the firm expecting Onto's P/E multiple to re-rate as the company posts upside surprises and benefits from acceleration in memory spending, the analyst tells investors in a research note.
About ONTO
Onto Innovation Inc. is engaged in the design, development, manufacture and support of metrology and inspection tools for the semiconductor industry. The Company’s products include Automated Metrology Systems; Integrated Metrology Systems; Silicon Wafer All-surface Inspection/Characterization; Macro Defect Inspection; Automated Defect Classification and Pattern Analysis; Yield Analysis; Opaque Film Metrology, and others. Its products are used by silicon wafer manufacturers, semiconductor integrated circuit fabricators, and advanced packaging manufacturers operating in the semiconductor market. Its products are also used for process control in several other specialty device manufacturing markets, including light-emitting diodes, vertical-cavity surface-emitting lasers, micro-electromechanical systems, CMOS image sensors, silicon and compound semiconductor power devices, analog devices, RF filters, and others. It also offers three advanced product lines, including FAaST, CnCV and MBIR.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.