Onto Innovation Inc. (ONTO)
NYSE: ONTO · Real-Time Price · USD
161.91
-0.93 (-0.57%)
At close: Nov 20, 2024, 4:00 PM
161.50
-0.41 (-0.25%)
Pre-market: Nov 21, 2024, 4:15 AM EST
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 57.06% from the current stock price of 161.91.
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 | +51.32% | Nov 1, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $260 → $275 | Buy | Maintains | $260 → $275 | +69.85% | Nov 1, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $230 | Strong Buy | Reiterates | $230 | +42.05% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Maintains $245 → $230 | Strong Buy | Maintains | $245 → $230 | +42.05% | Nov 1, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $260 → $275 | Buy | Maintains | $260 → $275 | +69.85% | Oct 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 16.83%
EPS This Year
5.34
from 2.46
Increased by 117.19%
EPS Next Year
6.84
from 5.34
Increased by 28.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| High | 27.0% | 25.5% | 31.9% | |
| Avg | 23.1% | 16.8% | 17.9% | |
| Low | 18.1% | 8.7% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.53 | 7.81 | 10.22 | |
| Avg | 5.34 | 6.84 | 8.79 | |
| Low | 5.10 | 6.23 | 7.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 124.9% | 46.2% | 49.3% | |
| Avg | 117.2% | 28.1% | 28.4% | |
| Low | 107.2% | 16.7% | 7.0% |
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.