Stifel Nicolaus Forecasts Strong Price Appreciation for Onto Innovation (NYSE:ONTO) Stock

Onto Innovation (NYSE:ONTOGet Free Report) had its price target lifted by equities research analysts at Stifel Nicolaus from $126.00 to $180.00 in a research note issued on Wednesday, Marketbeat.com reports. The firm presently has a “hold” rating on the semiconductor company’s stock. Stifel Nicolaus’ price objective would indicate a potential downside of 17.33% from the stock’s current price.

Several other research firms also recently weighed in on ONTO. Jefferies Financial Group boosted their target price on shares of Onto Innovation from $170.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Oppenheimer boosted their price objective on Onto Innovation from $130.00 to $180.00 and gave the company an “outperform” rating in a report on Tuesday, October 14th. Zacks Research raised Onto Innovation from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 31st. Cantor Fitzgerald reiterated a “neutral” rating and issued a $170.00 price target on shares of Onto Innovation in a report on Tuesday, December 16th. Finally, Evercore ISI upped their price target on Onto Innovation from $115.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $186.25.

Read Our Latest Stock Analysis on ONTO

Onto Innovation Stock Up 7.7%

Shares of NYSE ONTO opened at $217.72 on Wednesday. Onto Innovation has a fifty-two week low of $85.88 and a fifty-two week high of $228.42. The business has a 50 day moving average price of $156.36 and a two-hundred day moving average price of $129.18. The firm has a market cap of $10.67 billion, a PE ratio of 61.50, a price-to-earnings-growth ratio of 1.12 and a beta of 1.46.

Onto Innovation (NYSE:ONTOGet Free Report) last released its earnings results on Thursday, November 6th. The semiconductor company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.89 by $0.03. Onto Innovation had a return on equity of 13.11% and a net margin of 17.46%.The company had revenue of $218.19 million during the quarter, compared to analysts’ expectations of $220.23 million. During the same period in the prior year, the business posted $1.34 EPS. The business’s revenue was down 13.5% on a year-over-year basis. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. On average, analysts anticipate that Onto Innovation will post 6.26 earnings per share for the current year.

Institutional Investors Weigh In On Onto Innovation

Several large investors have recently added to or reduced their stakes in the stock. Westside Investment Management Inc. boosted its holdings in shares of Onto Innovation by 100.0% during the third quarter. Westside Investment Management Inc. now owns 198 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 99 shares during the period. Blue Trust Inc. lifted its position in Onto Innovation by 2,061.5% in the 3rd quarter. Blue Trust Inc. now owns 281 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 268 shares during the last quarter. Harbor Investment Advisory LLC acquired a new position in Onto Innovation during the 3rd quarter valued at about $37,000. Danske Bank A S bought a new position in Onto Innovation in the 3rd quarter worth about $39,000. Finally, Farther Finance Advisors LLC grew its position in Onto Innovation by 76.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 320 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 139 shares during the last quarter. 98.35% of the stock is owned by institutional investors and hedge funds.

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.

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Analyst Recommendations for Onto Innovation (NYSE:ONTO)

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