Onto Innovation Inc. (ONTO)
NYSE: ONTO · Real-Time Price · USD
170.66
-1.79 (-1.04%)
Dec 27, 2024, 4:00 PM EST - Market closed
Onto Innovation Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Onto Innovation stock have an average target of 254.29, with a low estimate of 230 and a high estimate of 280. The average target predicts an increase of 49.00% from the current stock price of 170.66.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ONTO stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 6 | 6 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $275 | Buy | Maintains | $275 | +61.14% | Dec 17, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $265 → $245 | Strong Buy | Maintains | $265 → $245 | +43.56% | Nov 1, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $260 → $275 | Buy | Maintains | $260 → $275 | +61.14% | Nov 1, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $230 | Strong Buy | Reiterates | $230 | +34.77% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Maintains $245 → $230 | Strong Buy | Maintains | $245 → $230 | +34.77% | Nov 1, 2024 |
Financial Forecast
Revenue This Year
1.00B
from 815.87M
Increased by 23.06%
Revenue Next Year
1.17B
from 1.00B
Increased by 16.73%
EPS This Year
5.34
from 2.46
Increased by 117.15%
EPS Next Year
6.83
from 5.34
Increased by 27.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.0B | 1.3B | 1.5B | |||
| Avg | 1.0B | 1.2B | 1.4B | |||
| Low | 963.7M | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 27.0% | 25.5% | 32.0% | |||
| Avg | 23.1% | 16.7% | 17.8% | |||
| Low | 18.1% | 8.7% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.53 | 7.81 | 10.22 | |||
| Avg | 5.34 | 6.83 | 8.70 | |||
| Low | 5.10 | 6.23 | 7.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 124.9% | 46.2% | 49.6% | |||
| Avg | 117.1% | 27.8% | 27.5% | |||
| Low | 107.2% | 16.7% | 7.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.