Onto Innovation Inc. (ONTO)
| Market Cap | 10.70B |
| Revenue (ttm) | 942.24M |
| Net Income (ttm) | 183.16M |
| Shares Out | 49.39M |
| EPS (ttm) | 3.70 |
| PE Ratio | 58.52 |
| Forward PE | 34.81 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 560,235 |
| Open | 215.46 |
| Previous Close | 213.02 |
| Day's Range | 212.39 - 217.17 |
| 52-Week Range | 145.15 - 238.93 |
| Beta | 1.29 |
| Analysts | Strong Buy |
| Price Target | 253.75 (+17.16%) |
| Earnings Date | Feb 6, 2025 |
About ONTO
Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements. In addition, the company provides process control software portfolio that includes so... [Read more]
Financial Performance
In 2023, Onto Innovation's revenue was $815.87 million, a decrease of -18.83% compared to the previous year's $1.01 billion. Earnings were $121.16 million, a decrease of -45.75%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for ONTO stock is "Strong Buy." The 12-month stock price forecast is $253.75, which is an increase of 17.16% from the latest price.
News
Onto Innovation to Report Fourth Quarter and Full Year 2024 Financial Results on February 6, 2025
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) will release its 2024 fourth quarter and full year results shortly after the market closes on February 6, 2025. Onto Inn...
Onto Innovation Advances Process Control Suite for 3D Interconnect Yields
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) today announced advances in its product suite for 3D interconnect process control, featuring the new 3Di™ technology on ...
Onto Innovation Receives Volume Purchase Agreement from a Leading DRAM Manufacturer for Metrology Product Suite
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) today announced that a leading DRAM manufacturer has finalized a $69 million volume purchase agreement spanning Onto Inn...
Onto Innovation to Participate in 27th Annual Needham Growth Conference
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced that Michael Plisinski, chief executive officer, and Mark ...
Onto Innovation: Strong Demand From Advanced Packaging Customers
Onto Innovation's Specialty Devices & Advanced Packaging segment drives growth, increasing its revenue share from 40% in 2020 to 67% in 2024, with a 34% annual growth rate. Strong demand from the powe...
Onto Innovation: A Much Anticipated Setback Arrived
Onto Innovation has seen sequential revenue growth this year, but the performance still lags compared to 2022. Shares have tripled in the meantime, driven by AI-excitement, but have come down since th...
Onto Innovation Inc. (ONTO) Q3 2024 Earnings Call Transcript
Onto Innovation Inc. (NYSE:ONTO) Q3 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Sidney Ho - Investor Relations Michael Plisinski - Chief Executive Officer Mark Slic...
Onto Innovation Reports 2024 Third Quarter Results
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced financial results for the third fiscal quarter of 2024. Th...
Onto Innovation Announces “Tuck-In” Acquisition of Lumina Instruments, Inc. and Lithography Business of Kulicke and Soffa
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO), a global provider of process control and packaging lithography solutions to the semiconductor market, today announced t...
Onto Innovation to Report Third Quarter 2024 Financial Results on October 31, 2024
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) will release its 2024 third quarter results shortly after the market closes on October 31, 2024. Onto Innovation will ho...
Onto Innovation Inc (ONTO) Shares Up 4.38% on Oct 2
Shares of Onto Innovation Inc (ONTO, Financial) surged 4.38% in mid-day trading on Oct 2. The stock reached an intraday high of $209.42, before settling at $209.35, up from its previous close of $200....
Buy the stocks of these companies helping fuel the ‘AI gold rush,' analyst says
With demand for the use of artificial intelligence expected to continue to surge, Oppenheimer analyst Edward Yang recommended investors buy the stocks of a couple companies that make things needed to ...
Onto Innovation Announces Opening of Packaging Applications Center of Excellence
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) today announced the opening of the company's Packaging Applications Center of Excellence (PACE), a first-of-its-kind fac...
Onto Innovation: Accelerating Growth Amid AI Tailwinds
Onto Innovation is benefiting from the AI semiconductor boom, with high demand for high-bandwidth memory and advanced packaging products. Strong growth is expected in 2024 and 2025, with minimal China...
Onto Innovation to Participate in Upcoming Investor Events
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced that its senior management team will participate in the fo...
Onto Innovation Inc. (ONTO) Q2 2024 Earnings Call Transcript
Onto Innovation Inc. (NYSE:ONTO) Q2 2024 Earnings Call Transcript August 8, 2024 4:30 PM ET Company Participants Sidney Ho - IR Michael Plisinski - CEO Mark Slicer - CFO Conference Call Participants ...
Onto Innovation Reports 2024 Second Quarter Results
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced financial results for the second fiscal quarter of 2024. S...
Onto Innovation Welcomes Stephen Schwartz to its Board of Directors
WILMINGTON, Mass.--(BUSINESS WIRE)--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation”, “Onto”, or the “Company”) today announced Dr. Stephen Schwartz has joined its board of directors. With over 25...
Onto Innovation to Report Second Quarter 2024 Financial Results on August 8, 2024
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) will release its 2024 second quarter results shortly after the market closes on August 8, 2024. Onto Innovation will hos...
Onto Innovation Further Strengthens Company's Panel Portfolio with New Glass Suite
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) today announced Onto Innovation's glass substrate suite featuring the JetStep® X500 panel-level packaging lithography sy...
11 favored semiconductor stocks expected to outperform Nvidia over the next year
Nvidia Corp. dominates coverage of the semiconductor industry, and this will continue as long as this company keeps blowing past even its own expectations for sales and profits each quarter. But there...
Onto Innovation Invites Customers and Investors to Schedule Meetings at SEMICON® West
WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) today announced it will be exhibiting at SEMICON West on July 9-11, 2024. Onto Innovation invites customers to booth 633...
AI Needs More Chip Factories. These Stocks Should Benefit.
Foundations are being poured for chip foundries in America, Asia, and Europe, with tens of billions in government and industry commitments.