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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
344.360
Open
338.000
VWAP
336.76
Vol
1.80M
Mkt Cap
16.60B
Low
332.160
Amount
605.65M
EV/EBITDA(TTM)
63.69
Total Shares
49.74M
EV
15.95B
EV/OCF(TTM)
60.72
P/S(TTM)
16.00
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)
2026-05-18
07:40:00
Onto Innovation Plans to Offer $1.1 Billion Convertible Senior Notes
select

News

CNBC
6.0
06-15CNBC
Latest Wall Street Ratings Overview
  • Morgan Stanley Bullish on Onto Innovation: Morgan Stanley initiates Onto Innovation with an overweight rating, citing potential upside to consensus estimates driven by its process control capabilities in both front-end and back-end operations, suggesting a favorable re-rating ahead.
  • Needham Initiates Ceva as Buy: Needham launches coverage of Ceva with a Buy rating and a price target of $55, indicating a 70x P/E based on CY27 EPS estimates, as the company is positioned to benefit from AI advancements in the semiconductor sector.
  • UBS Initiates Jade Biosciences as Buy: UBS rates Jade Biosciences as a Buy, highlighting its best-in-class potential, with expectations that the FDA's acceptance of shorter eGFR kidney function data will expedite enrollment in pivotal studies.
  • Morgan Stanley Upgrades Ferrari: Morgan Stanley upgrades Ferrari to overweight from equal weight, raising the price target to $438, arguing that the current de-rating overstates brand risk and that the company’s wealth creation and product pipeline support a positive re-rating.
CNBC
6.0
06-05CNBC
Latest Ratings and Outlook from Wall Street
  • Qualcomm Investor Day: Qualcomm is set to host its highly anticipated Investor Day on June 24, discussing growth and diversification strategies in the rapidly evolving AI landscape; JPMorgan maintains a neutral rating but remains optimistic about future performance.
  • Nvidia Buy Reiteration: Bank of America reiterates its buy rating on Nvidia after a meeting with management, highlighting the stock's strong performance across the board, particularly following the positive outlook shared during the GTC Taipei conference.
  • Tesla Rating Upgrade: JPMorgan upgrades Tesla from underperform to neutral, citing its unique vertical integration across hardware and software products, which positions the company favorably for scaling in the industry.
  • Disney Price Target Increase: Rosenblatt raises Disney's price target from $121 to $126, based on optimistic projections for its movie slate, particularly with the upcoming release of Toy Story 5, which is expected to drive earnings growth.
Yahoo Finance
2.0
06-01Yahoo Finance
Onto Innovation Shares Pull Back 15%
  • Pullback Reasons: Onto Innovation's recent 15% pullback, primarily driven by convertible-related hedging, indicates market caution regarding its future performance, potentially impacting investor confidence.
  • Market Reaction Analysis: This pullback may increase short-term selling pressure on the company's stock, affecting its market performance and liquidity, especially in a high-volatility environment.
  • Hedging Strategy Impact: While the convertible bond hedging strategy somewhat protects the company from market fluctuations, it may also exacerbate short-term stock volatility, increasing investment risks.
  • Future Outlook: Despite facing pullback pressures, Onto Innovation must focus on its fundamentals and market demand to restore investor confidence while ensuring long-term growth potential.
Yahoo Finance
6.5
05-31Yahoo Finance
Guardian Point Capital Increases Stake in Ryan Specialty Holdings
  • Stake Increase Details: According to an SEC filing dated May 15, 2026, Guardian Point Capital increased its stake in Ryan Specialty Holdings by 75,000 shares in Q1, representing an estimated $3.20 million trade, bringing its total holdings to 575,000 shares, indicating ongoing confidence in the company.
  • Stock Price Impact: Despite the increase in shares, the quarter-end value of Ryan Specialty's stake decreased by $6.41 million due to stock price fluctuations, reflecting a 55% decline in share price over the past year, underperforming the S&P 500, which rose 28% during the same period.
  • Financial Performance Highlights: Ryan Specialty reported a 15.2% year-over-year revenue increase to $795.2 million in Q1, with adjusted earnings per share rising 20.5% to $0.47, demonstrating strong growth potential even in a challenging insurance market.
  • Market Outlook: Management expressed optimism about future market conditions, emphasizing ongoing investments in technology and data capabilities to strengthen competitiveness, and Guardian Point's purchase is seen as a positive response to recent stock weakness, indicating confidence in the company's long-term prospects.
Yahoo Finance
8.5
05-30Yahoo Finance
Semiconductor Industry's Greatest Time in History
  • Industry Growth Catalyst: Applied Materials (NASDAQ:AMAT) has surged 75% year-to-date, reflecting the equipment shortages triggered by AI data center buildouts, which are expected to drive sustained growth in semiconductor capital equipment spending and further solidify its market leadership.
  • Onto Innovation's Potential: Onto Innovation (NYSE:ONTO) achieved a record revenue of $266.87 million in Q4 2025 and signed a volume purchase agreement worth over $240 million with a leading HBM manufacturer, which is anticipated to boost its market share in the semiconductor equipment sector.
  • Lam Research's Performance: Lam Research (NASDAQ:LRCX) reported $5.84 billion in revenue for Q1 2023, a 23.76% year-over-year increase, with guidance for the June quarter projecting $6.60 billion, indicating that AI-driven demand is reshaping the semiconductor industry.
  • ASML's Market Position: ASML (NASDAQ:ASML) delivered $10.34 billion in revenue in Q1 2026, with management raising the full-year outlook to €36 billion to €40 billion, showcasing strong expectations for chip demand and reinforcing its critical role in the global semiconductor equipment market.
Yahoo Finance
6.0
05-28Yahoo Finance
Onto Innovation Receives Multiple Rating Upgrades
  • Rating Upgrades: Jefferies raised Onto Innovation's price target from $325 to $350 while maintaining a Buy rating, indicating continued upside in the base business within HBM and CoWoS, with new opportunities emerging.
  • Strong Guidance: Oppenheimer also upgraded its price target from $350 to $370, maintaining an Outperform rating, noting that the company pre-announced stronger-than-expected Q1/Q2 guidance, resulting in positive surprises despite not being positioned for a big beat.
  • Market Reaction Analysis: Although Onto Innovation's stock dipped after hours due to profit-taking, Oppenheimer believes this reaction should not be over-interpreted, anticipating that investor focus will quickly return to the company's strengthening fundamentals.
  • Industry Outlook: Onto Innovation specializes in the design and manufacture of high-performance control metrology, defect inspection, and data analysis systems, and as demand from microelectronics manufacturers increases, the company is poised for sustained growth in the future.
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
Freedom Broker
Buy
initiated
$370
AI Analysis
2026-06-17
New
Reason
Freedom Broker
Price Target
$370
AI Analysis
2026-06-17
New
initiated
Buy
Reason
Freedom Broker initiated coverage of Onto Innovation with a Buy rating and $370 price target. Onto is a semiconductor process control vendor with exposure to advanced packaging inspection and lithography, advanced node metrology, and specialty and software applications, the analyst tells investors in a research note. The firm says the company is \"entering a structural growth phase,\" supported by AI-driven advanced packaging demand, rising metrology intensity and portfolio expansion.
Morgan Stanley
Shane Brett
Overweight
initiated
$371
2026-06-14
Reason
Morgan Stanley
Shane Brett
Price Target
$371
2026-06-14
initiated
Overweight
Reason
Morgan Stanley analyst Shane Brett initiated coverage of Onto Innovation with an Overweight rating and $371 price target. The company offers one of the best opportunities in spectroscopic ellipsometry, the analyst tells investors in a research note. The firm models Onto's advanced node revenue growth at 30% in 2026, above wafer fab equipment growth of 27%, the analyst tells investors in a research note. Morgan Stanley also models Onto's specialty device and advanced packaging revenue growth at 46% in 2026 and 38% in 2027, led by Dragonfly G5. It sees upside to consensus estimates and potential for a multiple re-rating of the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ONTO
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Valuation Metrics

The current forward P/E ratio for Onto Innovation Inc (ONTO.N) is 46.51, compared to its 5-year average forward P/E of 24.67. 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
24.67
Current PE
46.51
Overvalued PE
32.65
Undervalued PE
16.69

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
20.34
Current EV/EBITDA
47.84
Overvalued EV/EBITDA
28.42
Undervalued EV/EBITDA
12.26

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
6.25
Current PS
10.07
Overvalued PS
8.36
Undervalued PS
4.15

Financials

AI Analysis
Annual
Quarterly

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Whales Holding ONTO

D
Defiance ETFs, LLC
Holding
ONTO
+49.19%
3M Return
P
Paradigm Capital Management, Inc.
Holding
ONTO
+32.90%
3M Return
U
Uni-President Assets Management Corp.
Holding
ONTO
+32.50%
3M Return
A
Ardmore Road Asset Management LP
Holding
ONTO
+27.77%
3M Return
G
Granahan Investment Management, LLC
Holding
ONTO
+23.64%
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Systematic Financial Management LP
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Frequently Asked Questions

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

The current price of ONTO is 333.76 USD — it has increased 4.65

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 June 21 2026.

What is Onto Innovation Inc (ONTO) market cap?

Today ONTO has the market capitalization of 16.60B USD.