Onto Innovation Inc. (ONTO)

NYSE: ONTO · IEX Real-Time Price · USD
123.22
+1.11 (0.91%)
At close: Sep 22, 2023, 4:00 PM
123.23
+0.01 (0.01%)
Pre-market: Sep 25, 2023, 8:17 AM EDT
0.91%
Market Cap 6.05B
Revenue (ttm) 897.35M
Net Income (ttm) 173.39M
Shares Out 49.07M
EPS (ttm) 3.51
PE Ratio 35.11
Forward PE 29.21
Dividend n/a
Ex-Dividend Date n/a
Volume 285,537
Open 123.54
Previous Close 122.11
Day's Range 121.99 - 125.71
52-Week Range 56.02 - 142.27
Beta 1.29
Analysts Strong Buy
Price Target 116.60 (-5.37%)
Earnings Date Oct 26, 2023

About ONTO

Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs macro defect inspection and 2D/3D optical metrology, lithography systems, and process control analytical software worldwide. It 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; and process control software portfolio that includes solutions f... [Read more]

Sector Technology
Founded 1940
Employees 1,636
Stock Exchange NYSE
Ticker Symbol ONTO
Full Company Profile

Financial Performance

In 2022, ONTO's revenue was $1.01 billion, an increase of 27.42% compared to the previous year's $788.90 million. Earnings were $223.33 million, an increase of 56.89%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for ONTO stock is "Strong Buy." The 12-month stock price forecast is $116.6, which is a decrease of -5.37% from the latest price.

Price Target
$116.6
(-5.37% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Onto Innovation Announces Over $100 Million in Orders for Systems Supporting Advanced Packaging for AI

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced finalizing over $100 million in orders for the Dragonfly® ...

27 days ago - Business Wire

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 Michael Plisinski, chief executive officer, and Mark ...

5 weeks ago - Business Wire

Onto Innovation Reports 2023 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 2023. S...

6 weeks ago - Business Wire

Onto Innovation Expands Portfolio of Process Control Solutions for High Growth Specialty Markets

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) today announced the introduction of the Atlas® S optical critical dimension metrology system and the Element™ S high-spe...

2 months ago - Business Wire

Onto Innovation Launches U.S. Applications Center of Excellence Focused on Panel-Level Packaging

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) today announced the launch of an Applications Center of Excellence, a combined tool demonstrator, photo resist qualifica...

2 months ago - Business Wire

Onto Innovation to Report Second Quarter 2023 Financial Results on August 10, 2023

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) will release its 2023 second quarter results shortly after the market closes on August 10, 2023. Onto Innovation will ho...

2 months ago - Business Wire

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 is proud to be exhibiting at SEMICON West on July 11-13, 2023. Onto Innovation invites customers and ...

3 months ago - Business Wire

How will AI affect stocks of semiconductor companies? Here are the 18 expected to grow their sales most quickly.

Now that investors and analysts have had a few weeks to digest Nvidia Corp.'s artificial-intelligence bombshell on May 24, it is time to screen semiconductor stocks to see which players in this dynami...

3 months ago - Market Watch

Onto Innovation to Host Analyst Event and Participate in Upcoming Investor Events

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today invites registration for its Company sponsored analyst event on June...

4 months ago - Business Wire

Onto Innovation Reports 2023 First Quarter Results

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced financial results for the first fiscal quarter of 2023. 20...

5 months ago - Business Wire

Save the Date: Onto Innovation to Host Analyst Event on June 1, 2023

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced that it will host a Company sponsored analyst event on Thu...

5 months ago - Business Wire

Onto Innovation to Report First Quarter 2023 Financial Results on May 4, 2023

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) will release its 2023 first quarter results shortly after the market closes on Thursday, May 4, 2023. Onto Innovation wi...

5 months ago - Business Wire

Onto Innovation Receives TSMC Honor for Unique Advanced Node and Packaging Technologies

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) today announced the company has received the Novel Technology Collaboration Award from TSMC as part of their initiative ...

6 months ago - Business Wire

3 Chip Stocks Approaching Buy Points

Some chip- and chip-gear makers are nearing buy points out of bullish areas of consolidation. Those names include Advanced Micro Devices Inc. (NASDAQ: AMD), Applied Materials Inc. (NASDAQ: AMAT) and O...

Other symbols: AMATAMD
6 months ago - MarketBeat

ON Semiconductor Gets PT Boost — 5 Stock Picks From Benzinga's Most Accurate Analysts

US stocks closed mixed on Friday, with the Dow Jones gaining around 170 points during the session.

Other symbols: CMGCPRIONMPWR
8 months ago - Benzinga

Onto Innovation Reports 2022 Fourth Quarter and Full Year Results

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced financial results for the fourth quarter and full year 202...

8 months ago - Business Wire

Onto Innovation Welcomes Stephen D. Kelley to its Board of Directors

WILMINGTON, Mass.--(BUSINESS WIRE)--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation”, “Onto”, or the “Company”) today announced Stephen D. Kelley has joined its board of directors.

8 months ago - Business Wire

Onto Innovation to Report Fourth Quarter and Full Year 2022 Financial Results on February 9, 2023

WILMINGTON, Mass.--(BUSINESS WIRE)--Onto Innovation Inc. (NYSE: ONTO) will release its 2022 fourth quarter and full year financial results shortly after the market closes on Thursday, February 9, 20...

9 months ago - Business Wire

Onto Innovation to Participate in 25th Annual Needham Growth Conference

WILMINGTON, Mass.--(BUSINESS WIRE)--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced that Michael Plisinski, chief executive officer, and Mark Slicer, ...

9 months ago - Business Wire

Onto Innovation to Participate in 11th Annual NYC Summit in December

WILMINGTON, Mass.--(BUSINESS WIRE)--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced management's participation in the 11th Annual NYC Summit, being he...

10 months ago - Business Wire

Onto Innovation Announces Third Quarter 2022 Results

WILMINGTON, Mass.

11 months ago - Business Wire

Onto Innovation Schedules 2022 Third Quarter Financial Results Conference Call for October 27, 2022

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO #Q3earnings--Onto Innovation Inc. (NYSE: ONTO) will release its 2022 third quarter financial results after the market closes on Thursday, October 27, 2022....

1 year ago - Business Wire

Onto Innovation Expands Customer Collaborations with Investment in Training, Demonstration and Solutions Development Centers in Asia

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced the opening of a new training, demonstration and solutions...

1 year ago - Business Wire

Onto Innovation to Participate in August Investor Conferences

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...

1 year ago - Business Wire