Onto Innovation Inc. (ONTO)
NYSE: ONTO · Real-Time Price · USD
176.10
-22.23 (-11.21%)
At close: Nov 1, 2024, 4:00 PM
176.00
-0.10 (-0.06%)
After-hours: Nov 1, 2024, 4:56 PM EDT
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 44.40% from the current stock price of 176.10.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 6 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $265 → $245 | Strong Buy | Maintains | $265 → $245 | +39.13% | Nov 1, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $260 → $275 | Buy | Maintains | $260 → $275 | +56.16% | Nov 1, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $230 | Strong Buy | Reiterates | $230 | +30.61% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Maintains $245 → $230 | Strong Buy | Maintains | $245 → $230 | +30.61% | Nov 1, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $260 → $275 | Buy | Maintains | $260 → $275 | +56.16% | Oct 1, 2024 |
Financial Forecast
Revenue This Year
1.00B
from 815.87M
Increased by 22.69%
Revenue Next Year
1.18B
from 1.00B
Increased by 17.68%
EPS This Year
5.33
from 2.46
Increased by 116.57%
EPS Next Year
6.88
from 5.33
Increased by 29.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.0B | 1.3B | 1.5B | |
| Avg | 1.0B | 1.2B | 1.5B | |
| Low | 955.7M | 1.1B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 27.0% | 29.7% | 31.2% | |
| Avg | 22.7% | 17.7% | 23.1% | |
| Low | 17.1% | 7.7% | 10.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.54 | 8.27 | 10.57 | |
| Avg | 5.33 | 6.88 | 9.40 | |
| Low | 5.05 | 6.03 | 8.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 125.4% | 55.3% | 53.7% | |
| Avg | 116.6% | 29.2% | 36.5% | |
| Low | 105.2% | 13.1% | 21.1% |
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.