
Onto Innovation (ONTO) Stock Forecast & Price Target
Onto Innovation (ONTO) Analyst Ratings
Bulls say
Onto Innovation Inc. is benefiting from improved wafer fabrication equipment (WFE) momentum, particularly within leading-edge foundry/logic, DRAM, and NAND sectors, leading to a positive outlook for the company's financial performance. Furthermore, the company holds nearly $1 billion in net cash and is experiencing a turnaround that could lead to a consensus EPS increase of 10-15% with the closing of Semilab, alongside projected growth in market share within the optical thin-film metrology and advanced packaging segments. The anticipated shipment of the next-generation Dragonfly G5 platform to a key Taiwanese customer within the next couple of months is expected to further strengthen Onto's position within the AI-related market share, aligning with the broad trends of increasing memory bit growth and advanced packaging adoption in semiconductor manufacturing.
Bears say
Onto Innovation's stock faces a negative outlook primarily due to anticipated stagnation or decline in wafer fabrication equipment (WFE) revenue for 2025 and 2026, as well as potential market share losses in critical segments like optical thin-film metrology and advanced packaging inspection. Additionally, the company is projected to experience flat revenue growth in Specialty Devices and Advanced Packaging, which dampens overall revenue expectations despite stronger growth in Advanced Nodes. Various risks, including trade barriers, regulatory challenges, and high customer concentration, further complicate the company's earnings potential and valuation prospects, highlighting the considerable uncertainty surrounding Onto Innovation's future performance.
This aggregate rating is based on analysts' research of Onto Innovation and is not a guaranteed prediction by Public.com or investment advice.
Onto Innovation (ONTO) Analyst Forecast & Price Prediction
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