Onto Innovation Inc. (NYSE:ONTO) Given Consensus Recommendation of “Buy” by Brokerages

Posted by Brian Himes on Sep 3rd, 2026

Shares of Onto Innovation Inc. (NYSE:ONTO – Get Free Report) have been given a consensus recommendation of “Buy” by the thirteen brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, ten have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $380.30.

Several research firms have recently commented on ONTO. Zacks Research raised Onto Innovation from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 14th. Oppenheimer raised their price target on Onto Innovation from $370.00 to $450.00 and gave the company an “outperform” rating in a report on Monday, June 22nd. Freedom Capital upgraded Onto Innovation to a “strong-buy” rating in a research report on Wednesday, June 17th. B. Riley Financial reissued a “buy” rating on shares of Onto Innovation in a report on Friday, August 7th. Finally, Weiss Ratings upgraded shares of Onto Innovation from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 21st.

Read Our Latest Stock Report on Onto Innovation

Insider Transactions at Onto Innovation

In other news, Director Susan D. Lynch sold 1,000 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $302.30, for a total value of $302,300.00. Following the completion of the transaction, the director owned 2,684 shares of the company’s stock, valued at $811,373.20. The trade was a 27.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Highland Investment Advisors LLC acquired a new position in Onto Innovation during the second quarter worth $25,000. Fiduciary Financial Advisors acquired a new position in shares of Onto Innovation during the 2nd quarter worth about $25,000. CoreCap Advisors LLC acquired a new stake in shares of Onto Innovation in the second quarter valued at about $38,000. Rakuten Securities Inc. bought a new stake in Onto Innovation during the second quarter worth about $40,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Onto Innovation during the second quarter valued at approximately $42,000. 98.35% of the stock is currently owned by institutional investors.

Onto Innovation Stock Performance

Onto Innovation stock opened at $254.95 on Thursday. The stock has a 50-day simple moving average of $296.63 and a 200 day simple moving average of $267.77. The stock has a market capitalization of $12.51 billion, a price-to-earnings ratio of 95.85, a P/E/G ratio of 0.84 and a beta of 1.59. The company has a quick ratio of 8.33, a current ratio of 9.73 and a debt-to-equity ratio of 0.77. Onto Innovation has a 12-month low of $101.06 and a 12-month high of $386.46.

Onto Innovation (NYSE:ONTO – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.24. Onto Innovation had a net margin of 11.84% and a return on equity of 13.44%. The firm had revenue of $343.13 million for the quarter, compared to analyst estimates of $325.29 million. During the same quarter in the prior year, the firm earned $1.25 EPS. The company’s revenue was up 35.3% on a year-over-year basis. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. On average, research analysts anticipate that Onto Innovation will post 8.04 earnings per share for the current fiscal year.

Onto Innovation News Roundup

Here are the key news stories impacting Onto Innovation this week:

Positive Sentiment: Analyst estimates increased: Zacks Research raised its “Strong Buy” outlook and lifted EPS forecasts across 2026–2028. Estimates now call for $7.88 in FY2026, $10.88 in FY2027 and $12.22 in FY2028, up from prior forecasts of $6.78, $8.71 and $9.44, respectively. The firm also increased its Q3 2026 estimate to $2.20 from $1.73. The revisions suggest stronger anticipated demand and earnings growth for Onto’s semiconductor-inspection business. MarketBeat Onto Innovation analyst estimates
Neutral Sentiment: Insider stock sale: Director Lynch sold 1,000 shares for approximately $302,000 on August 21, representing about 27% of his directly held shares before the filing. The sale may raise caution about insider sentiment, although it does not establish that management expects weaker operating results. Onto Innovation director stock sale
Negative Sentiment: Shareholder investigation announced: Levi & Korsinsky said it is investigating possible breaches of fiduciary duties by certain Onto Innovation officers and directors. The announcement does not allege that wrongdoing has been proven, but it creates legal and governance uncertainty and is the clearest near-term negative catalyst for the stock. Levi and Korsinsky Onto Innovation investigation

Onto Innovation Company Profile

(Get Free Report)

Onto Innovation (NYSE:ONTO) is a global supplier of advanced process control and inspection systems for semiconductor and electronics manufacturers. The company’s solutions span metrology, inspection, defect review and lithography mask repair, helping customers optimize yield, reduce costs and improve device performance. By integrating high-resolution optical and e-beam tools with sophisticated software analytics, Onto Innovation enables wafer, mask and advanced packaging producers to maintain tight process control across leading-edge nodes and specialty applications.

Key products include high-throughput wafer metrology systems, optical and e-beam defect inspection platforms, mask inspection and repair tools, and data-driven software for yield management and process optimization.