
Onto Innovation (ONTO) Stock Forecast & Price Target
Onto Innovation (ONTO) Analyst Ratings
Bulls say
Onto Innovation Inc. demonstrated robust performance with a remarkable 101% year-over-year increase in power device sales, indicating a strong demand for its products in the market. The company achieved non-GAAP margins of 54.5% for both the September and December quarters, reflecting an improvement of 290 basis points and 300 basis points year-over-year, respectively, showcasing operational efficiency and profitability. Furthermore, the forecast for 2025 anticipates a 21% growth in non-GAAP earnings per diluted share, reflecting positive momentum in its advanced nodes segment driven by initial strength in foundry, as well as growth in DRAM and NAND markets.
Bears say
Onto Innovation Inc has revised its earnings per share (EPS) projections downward for 2025 by 6%, citing short-term inventory digestion related to AI, while presenting a more favorable outlook for 2026. The company's software and service sales experienced a sequential decline from $49 million to $46 million, indicating potential challenges in sustaining revenue growth. Additionally, various risks persist, including potential delays in technology roadmaps, cyclical pressures in semiconductor spending, and macroeconomic uncertainties, which collectively contribute to a negative outlook for the stock.
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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