Onto Innovation (NYSE:ONTO) Stock Price Expected to Rise, Cantor Fitzgerald Analyst Says

Onto Innovation (NYSE:ONTO) had its price objective raised by stock analysts at Cantor Fitzgerald from $275.00 to $300.00 in a report released on Monday,Benzinga reports. The firm currently has an “overweight” rating on the semiconductor company’s stock. Cantor Fitzgerald’s price objective points to a potential upside of 39.01% from the company’s current price.

ONTO has been the subject of several other reports. Weiss Ratings reissued a “hold (c)” rating on shares of Onto Innovation in a report on Thursday, January 22nd. Oppenheimer reiterated an “outperform” rating and set a $265.00 price objective on shares of Onto Innovation in a research report on Friday, February 20th. Zacks Research raised Onto Innovation from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 31st. Stifel Nicolaus set a $220.00 target price on shares of Onto Innovation in a research report on Friday, February 20th. Finally, Evercore restated an “outperform” rating and issued a $250.00 price target on shares of Onto Innovation in a research note on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $255.63.

Onto Innovation Trading Up 0.1%

Shares of NYSE:ONTO traded up $0.28 on Monday, hitting $215.81. The company had a trading volume of 84,640 shares, compared to its average volume of 894,917. The stock has a 50 day moving average price of $207.42 and a 200 day moving average price of $170.94. The stock has a market cap of $10.73 billion, a price-to-earnings ratio of 77.95, a P/E/G ratio of 1.12 and a beta of 1.47. Onto Innovation has a 1-year low of $85.88 and a 1-year high of $232.49.

Onto Innovation (NYSE:ONTO) last announced its quarterly earnings results on Thursday, February 19th. The semiconductor company reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.02). The company had revenue of $266.87 million during the quarter, compared to analyst estimates of $265.78 million. Onto Innovation had a net margin of 13.60% and a return on equity of 12.20%. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the company posted $1.51 EPS. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. Sell-side analysts anticipate that Onto Innovation will post 6.26 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Onto Innovation

Large investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. grew its stake in Onto Innovation by 31.2% during the third quarter. Principal Financial Group Inc. now owns 145,532 shares of the semiconductor company’s stock worth $18,806,000 after buying an additional 34,567 shares in the last quarter. New York State Common Retirement Fund lifted its holdings in shares of Onto Innovation by 64.9% during the 3rd quarter. New York State Common Retirement Fund now owns 117,232 shares of the semiconductor company’s stock worth $15,149,000 after acquiring an additional 46,118 shares during the period. EFG Asset Management North America Corp. acquired a new stake in shares of Onto Innovation during the 3rd quarter worth approximately $1,549,000. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Onto Innovation by 36.6% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 51,176 shares of the semiconductor company’s stock worth $6,613,000 after acquiring an additional 13,714 shares in the last quarter. Finally, Eagle Rock Investment Company LLC increased its stake in Onto Innovation by 99.3% in the fourth quarter. Eagle Rock Investment Company LLC now owns 10,037 shares of the semiconductor company’s stock valued at $1,584,000 after acquiring an additional 5,000 shares during the last quarter. Institutional investors and hedge funds own 98.35% of the company’s stock.

Onto Innovation Company Profile

Onto Innovation (NYSE:ONTO) is a global supplier of advanced process control and inspection systems for semiconductor and electronics manufacturers. The company’s solutions span metrology, inspection, defect review and lithography mask repair, helping customers optimize yield, reduce costs and improve device performance. By integrating high-resolution optical and e-beam tools with sophisticated software analytics, Onto Innovation enables wafer, mask and advanced packaging producers to maintain tight process control across leading-edge nodes and specialty applications.

Key products include high-throughput wafer metrology systems, optical and e-beam defect inspection platforms, mask inspection and repair tools, and data-driven software for yield management and process optimization.