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ONTO Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
283.460
Open
277.000
VWAP
275.83
Vol
326.87K
Mkt Cap
14.30B
Low
270.410
Amount
90.16M
EV/EBITDA(TTM)
53.94
Total Shares
49.74M
EV
13.51B
EV/OCF(TTM)
51.42
P/S(TTM)
13.65
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.
Show More

Events Timeline

(ET)
2026-05-05
16:20:00
Sees Q2 Revenue of $320M to $330M
select
2026-05-05
16:10:00
Onto Innovation Reports Q1 Revenue of $292M
select
2026-04-20 (ET)
2026-04-20
19:20:00
Onto Innovation Partners with Rigaku to Advance Semiconductor Manufacturing Control Solutions
select

News

NASDAQ.COM
9.5
05-06NASDAQ.COM
Onto Innovation Reports Decline in Q1 Profit
  • Profit Decline: Onto Innovation reported a Q1 profit of $33.75 million, or $0.67 per share, which is a significant drop from last year's $64.09 million and $1.30 per share, indicating pressure on profitability.
  • Adjusted Earnings: Excluding items, the company reported adjusted earnings of $70.79 million, or $1.42 per share, reflecting efforts in cost control, yet failing to offset the overall profit decline.
  • Revenue Growth: Despite the profit drop, the company's revenue rose by 9.5% year-over-year to $291.95 million from $266.61 million last year, indicating strong market demand.
  • Future Guidance: The company provided Q2 EPS guidance of $1.65 to $1.73 and revenue expectations between $320 million and $330 million, reflecting a cautiously optimistic outlook from management regarding future performance.
seekingalpha
9.5
05-06seekingalpha
Onto Innovation Q1 2026 Earnings Call Highlights
  • Performance Beat: Onto Innovation reported Q1 revenue of $292 million, exceeding the company's original guidance and reflecting nearly a 10% sequential growth, driven by strong market demand, with Q2 revenue expected to increase by 20% year-over-year.
  • Strategic Investment: The company announced a $710 million acquisition of a 27% stake in Rigaku, significantly enhancing its capabilities in X-ray technology and providing strategic support for future process control and hybrid metrology solutions.
  • Advanced Packaging Progress: The successful adoption of the Dragonfly G5 inspection system at a leading 2.5D logic customer has led to shipments exceeding plans, with expectations for over 15 distinct applications, further solidifying its market position.
  • Optimistic Profit Outlook: The CFO projected Q2 gross margins between 56% and 56.5%, operating margins between 28% and 28.6%, and earnings per share around $1.69, reflecting the company's confidence in future profitability.
seekingalpha
9.5
05-04seekingalpha
Onto Innovation to Announce Q1 Earnings on May 5th
  • Earnings Announcement: Onto Innovation is set to release its Q1 2023 earnings on May 5th after market close, with consensus EPS estimate at $1.42, reflecting a 6% year-over-year decline, while revenue is expected to reach $292 million, indicating a 9.4% year-over-year growth potential.
  • Historical Performance: Over the past two years, Onto Innovation has exceeded EPS and revenue estimates 75% of the time, showcasing the company's financial stability and building market confidence.
  • Estimate Revisions: In the last three months, EPS estimates have seen seven upward revisions with no downward adjustments, and revenue estimates have experienced six upward revisions, indicating analysts' optimistic outlook on the company's future performance, which could positively influence stock prices.
  • Market Sentiment: Despite potential risks, analysts still consider Onto Innovation a buy, especially given its stock price has more than doubled over the past four years, reflecting market recognition of its long-term growth potential.
seekingalpha
7.5
04-21seekingalpha
Onto Innovation Forms Strategic Partnership with Rigaku
  • Strategic Investment: Onto Innovation has announced the acquisition of a 27% stake in Japan's Rigaku for approximately $710 million, which not only deepens their partnership but also facilitates joint IP development and coordinated market efforts, enhancing competitiveness in semiconductor manufacturing.
  • Technology Integration: This collaboration will combine Onto Innovation's optical metrology and AI-driven analytics, particularly its Ai Diffract software, with Rigaku's X-ray technologies, including CD-SAXS platforms, to deliver hybrid metrology solutions for advanced logic and memory devices.
  • Market Positioning: The two companies are targeting increasingly complex semiconductor architectures such as advanced packaging, V-NAND, and DRAM, leveraging X-ray capabilities to provide deeper structural insights that traditional optical techniques cannot achieve, thereby enhancing product performance.
  • Industry Outlook: Through this strategic partnership, Onto Innovation not only enhances its technological capabilities in the semiconductor market but also positions itself more favorably in the rapidly evolving semiconductor industry, driving future business growth.
stocktwits
7.5
04-21stocktwits
Onto and Rigaku Collaborate on X-ray Solutions for Semiconductor Manufacturing
  • Significant Market Opportunity: Onto stated that external analysts estimate the market opportunity for its X-ray solutions in semiconductor manufacturing, developed in collaboration with Rigaku, could exceed $1 billion within five years, indicating strong growth potential.
  • Record High Stock Price: Following the acquisition of a 27% stake in Rigaku for approximately $710 million, Onto's shares hit record highs in after-market trading, with the transaction expected to close in the second half of 2026, further solidifying its position in the semiconductor industry.
  • Integration Advantage: Onto's integration of its Ai Diffract analysis software with Rigaku's CD-SAXS platforms has already been selected by two key customers, highlighting the importance and market demand for this solution in the semiconductor manufacturing process.
  • Analyst Optimism: Following the launch of Onto's Dragonfly G5 platform, analysts from B.Riley, Evercore, and others raised their price targets by an average of 22%, reflecting a positive outlook on Onto's future performance, with expectations that it will exceed revenue forecasts in its earnings report on May 6.
Newsfilter
7.5
04-20Newsfilter
Onto Innovation Partners with Rigaku to Advance Semiconductor Technology
  • Strategic Collaboration: Onto Innovation has announced a strategic partnership with X-ray technology leader Rigaku Holdings Corporation to develop next-generation process control solutions for semiconductor manufacturing, which is expected to unlock over $1 billion in market opportunities and enhance the company's competitiveness in the semiconductor sector.
  • Innovative Technology Integration: The collaboration integrates Onto Innovation's Ai Diffract™ analysis software with Rigaku's CD-SAXS platforms, already selected by two key customers, showcasing the new technology's potential to meet the demands of complex logic and memory designs, thereby improving customer production efficiency.
  • Equity Investment Plan: Onto Innovation plans to acquire 27% of Rigaku's shares for approximately $710 million, which will not only grant Onto Innovation a board nomination right but is also expected to positively impact the company's financials by December 31, 2026, further solidifying the strategic alignment between the two companies.
  • Optimistic Market Outlook: As optical metrology technology advances towards the 1nm process node, demand for Onto Innovation's Atlas® OCD technology continues to grow, and the integration of X-ray technology is set to provide customers with deeper data analysis capabilities, driving future market growth.
Wall Street analysts forecast ONTO stock price to rise
6 Analyst Rating
Wall Street analysts forecast ONTO stock price to rise
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
160.00
Averages
201.67
High
260.00
Current: 0.000
sliders
Low
160.00
Averages
201.67
High
260.00
Needham
Buy
maintain
$320 -> $330
AI Analysis
2026-05-06
Reason
Needham
Price Target
$320 -> $330
AI Analysis
2026-05-06
maintain
Buy
Reason
Needham raised the firm's price target on Onto Innovation to $330 from $320 and keeps a Buy rating on the shares. The company reported a largely in-line quarter as most of the results and outlook raise were already provided by the company merely two weeks ago in a pre-announcement, though the firm is raising its price target on higher EPS estimates and higher margin expectations, the analyst tells investors in a research note.
Oppenheimer
Edward Yang
Outperform
maintain
$350 -> $370
2026-05-06
Reason
Oppenheimer
Edward Yang
Price Target
$350 -> $370
2026-05-06
maintain
Outperform
Reason
Oppenheimer analyst Edward Yang raised the firm's price target on Onto Innovation to $370 from $350 and keeps an Outperform rating on the shares. Onto had already pre-announced stronger-than-expected Q1/Q2 guidance last month, so was never positioned for a big "beat," but still had positive surprises, the firm says. The stock was down after hours on reflexive profit-taking after 93% year-to-date, but Oppenheimer would not over-read the reaction and expects investors to quickly refocus on strengthening fundamentals.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ONTO
Unlock Now

Valuation Metrics

The current forward P/E ratio for Onto Innovation Inc (ONTO.N) is 39.68, compared to its 5-year average forward P/E of 24.26. For a more detailed relative valuation and DCF analysis to assess Onto Innovation Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
24.26
Current PE
39.68
Overvalued PE
31.95
Undervalued PE
16.57

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
19.77
Current EV/EBITDA
41.33
Overvalued EV/EBITDA
27.25
Undervalued EV/EBITDA
12.28

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
6.16
Current PS
8.76
Overvalued PS
8.25
Undervalued PS
4.07

Financials

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Whales Holding ONTO

D
Defiance ETFs, LLC
Holding
ONTO
+28.86%
3M Return
P
Paradigm Capital Management, Inc.
Holding
ONTO
+25.20%
3M Return
U
Uni-President Assets Management Corp.
Holding
ONTO
+19.51%
3M Return
S
Systematic Financial Management LP
Holding
ONTO
+16.76%
3M Return
G
Glenview Capital Management, LLC
Holding
ONTO
+9.96%
3M Return
G
Granite Investment Partners, LLC
Holding
ONTO
+9.71%
3M Return

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Frequently Asked Questions

What is Onto Innovation Inc (ONTO) stock price today?

The current price of ONTO is 273.62 USD — it has decreased -4.83

What is Onto Innovation Inc (ONTO)'s business?

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.

What is the price predicton of ONTO Stock?

Wall Street analysts forecast ONTO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ONTO is201.67 USD with a low forecast of 160.00 USD and a high forecast of 260.00 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.

What is Onto Innovation Inc (ONTO)'s revenue for the last quarter?

Onto Innovation Inc revenue for the last quarter amounts to 291.95M USD, increased 9.51

What is Onto Innovation Inc (ONTO)'s earnings per share (EPS) for the last quarter?

Onto Innovation Inc. EPS for the last quarter amounts to 0.67 USD, decreased -48.46

How many employees does Onto Innovation Inc (ONTO). have?

Onto Innovation Inc (ONTO) has 1615 emplpoyees as of May 12 2026.

What is Onto Innovation Inc (ONTO) market cap?

Today ONTO has the market capitalization of 14.30B USD.