FY2026 EPS Estimates for Onto Innovation Raised by Analyst

Onto Innovation Inc. (NYSE:ONTO) – Stock analysts at Cantor Fitzgerald upped their FY2026 earnings per share (EPS) estimates for Onto Innovation in a note issued to investors on Tuesday, November 18th. Cantor Fitzgerald analyst M. Prisco now forecasts that the semiconductor company will post earnings per share of $6.15 for the year, up from their previous forecast of $5.40. The consensus estimate for Onto Innovation’s current full-year earnings is $6.26 per share.

Onto Innovation (NYSE:ONTO) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.03. The company had revenue of $218.19 million during the quarter, compared to the consensus estimate of $220.23 million. Onto Innovation had a net margin of 19.29% and a return on equity of 14.38%. The company’s revenue for the quarter was down 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.34 earnings per share. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS.

ONTO has been the topic of a number of other reports. Jefferies Financial Group raised Onto Innovation from a “hold” rating to a “buy” rating and raised their price target for the company from $100.00 to $170.00 in a report on Tuesday, September 23rd. B. Riley raised their target price on Onto Innovation from $173.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday. Needham & Company LLC reiterated a “buy” rating and issued a $150.00 price target on shares of Onto Innovation in a research report on Tuesday. Evercore ISI raised their price objective on shares of Onto Innovation from $115.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, November 4th. Finally, Stifel Nicolaus lifted their price objective on shares of Onto Innovation from $110.00 to $120.00 and gave the stock a “hold” rating in a research note on Monday, October 13th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Onto Innovation presently has an average rating of “Moderate Buy” and a consensus target price of $151.25.

Onto Innovation Price Performance

Shares of NYSE ONTO traded up $2.23 during midday trading on Thursday, hitting $133.18. 85,629 shares of the company’s stock were exchanged, compared to its average volume of 1,254,074. Onto Innovation has a twelve month low of $85.88 and a twelve month high of $228.42. The firm has a market cap of $6.53 billion, a P/E ratio of 33.03, a PEG ratio of 0.94 and a beta of 1.64. The stock’s 50 day moving average price is $130.96 and its 200-day moving average price is $111.50.

Institutional Trading of Onto Innovation

Several hedge funds and other institutional investors have recently modified their holdings of ONTO. Vanguard Personalized Indexing Management LLC lifted its stake in Onto Innovation by 1.5% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 4,974 shares of the semiconductor company’s stock worth $643,000 after acquiring an additional 75 shares in the last quarter. Amalgamated Bank grew its position in Onto Innovation by 0.3% during the third quarter. Amalgamated Bank now owns 22,663 shares of the semiconductor company’s stock valued at $2,929,000 after purchasing an additional 79 shares in the last quarter. Campbell Newman Asset Management Inc. grew its stake in Onto Innovation by 0.4% in the third quarter. Campbell Newman Asset Management Inc. now owns 18,880 shares of the semiconductor company’s stock valued at $2,440,000 after purchasing an additional 80 shares in the last quarter. Palisades Investment Partners LLC lifted its position in shares of Onto Innovation by 0.4% in the third quarter. Palisades Investment Partners LLC now owns 20,206 shares of the semiconductor company’s stock worth $2,611,000 after buying an additional 84 shares during the last quarter. Finally, Brighton Jones LLC boosted its stake in shares of Onto Innovation by 1.4% during the 3rd quarter. Brighton Jones LLC now owns 6,349 shares of the semiconductor company’s stock worth $820,000 after acquiring an additional 87 shares in the last quarter. Institutional investors and hedge funds own 98.35% of the company’s stock.

Onto Innovation Company Profile

Onto Innovation Inc engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.