Onto InnovationONTO
ONTO
About: Onto Innovation Inc is engaged in the design, development, manufacture, and support of high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers. The Company and its subsidiaries currently operate in a single operating segment. The company mainly operates in the United States, Southeast Asia, China, Japan, and Europe, with Taiwan and South Korea the largest sources of total revenue.
Employees: 1,520
0
Funds holding %
of 7,290 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
49% more call options, than puts
Call options by funds: $25.1M | Put options by funds: $16.8M
2% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 83
8% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 189
2% less funds holding
Funds holding: 516 [Q3] → 508 (-8) [Q4]
2.98% less ownership
Funds ownership: 98.44% [Q3] → 95.46% (-2.98%) [Q4]
22% less capital invested
Capital invested by funds: $10.1B [Q3] → $7.85B (-$2.25B) [Q4]
25% less funds holding in top 10
Funds holding in top 10: 8 [Q3] → 6 (-2) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$230
49%
upside
Avg. target
$240
56%
upside
High target
$250
62%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
Oppenheimer Edward Yang 38% 1-year accuracy 3 / 8 met price target | 56%upside $240 | Outperform Maintained | 20 Feb 2025 |
Cantor Fitzgerald Matthew Prisco 82% 1-year accuracy 14 / 17 met price target | 62%upside $250 | Overweight Reiterated | 7 Feb 2025 |
Benchmark Mark Miller 51% 1-year accuracy 19 / 37 met price target | 49%upside $230 | Buy Reiterated | 7 Feb 2025 |
Stifel Brian Chin 44% 1-year accuracy 12 / 27 met price target | 62%upside $250 | Buy Maintained | 7 Feb 2025 |
Needham Charles Shi 30% 1-year accuracy 24 / 80 met price target | 49%upside $230 | Buy Reiterated | 7 Feb 2025 |
Financial journalist opinion
Based on 6 articles about ONTO published over the past 30 days
Positive
Zacks Investment Research
2 weeks ago
Onto Innovation's Q4 Earnings & Revenues Top, Up Y/Y on AI Innovations
ONTO's Q4 2024 performance is powered by growing momentum in the advanced nodes and AI packaging markets and fresh product innovations.
Positive
Zacks Investment Research
2 weeks ago
Onto Innovation (ONTO) Beats Q4 Earnings and Revenue Estimates
Onto Innovation (ONTO) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.06 per share a year ago.
Neutral
Seeking Alpha
2 weeks ago
Onto Innovation Inc. (ONTO) Q4 2024 Earnings Call Transcript
Onto Innovation Inc. (NYSE:ONTO ) Q4 2024 Earnings Conference Call February 6, 2025 4:30 PM ET Company Participants Sidney Ho - Investor Relations Michael Plisinski - Chief Executive Officer Mark Slicer - Chief Financial Officer Conference Call Participants Matthew Prisco - Cantor Fitzgerald Craig Ellis - B. Riley Securities Charles Shi - Needham Edward Yang - Oppenheimer & Company Brian Chin - Stifel Vedvati Shrotre - Evercore David Duley - Steelhead Securities Mark Miller - Benchmark Company Operator Good day, and welcome to the Onto Innovation Fourth Quarter Earnings Release Conference Call.
Neutral
Business Wire
2 weeks ago
Onto Innovation Reports 2024 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 2024. 2024 Fourth Quarter Financial Highlights Record revenue of $264 million led by advanced nodes and advanced packaging markets, delivering sixth consecutive quarter of growth. GAAP gross margin of 50% and non-GAAP gross margin of 55%, excluding acquisition and restructuring-related charges. GAAP operating i.
Positive
Zacks Investment Research
3 weeks ago
ONTO Gears Up to Report Q4 Earnings: Key Factors at Play
Onto Innovation's Q4 2024 performance is likely to have been boosted by the solid uptake of its Dragonfly inspection system, backed by strategic acquisitions.
Neutral
Zacks Investment Research
3 weeks ago
Onto Innovation (ONTO) Increases Yet Falls Behind Market: What Investors Need to Know
Onto Innovation (ONTO) closed the most recent trading day at $183.56, moving +0.16% from the previous trading session.
Neutral
Zacks Investment Research
1 month ago
Onto Stock Surges 30% in a Month: Will the Uptrend Continue?
ONTO is benefiting from rising demand and Dragonfly adoption, but faces risks from customer concentration and volatile global macroeconomic environment.
Positive
Zacks Investment Research
1 month ago
Onto Innovation (ONTO) Outperforms Broader Market: What You Need to Know
The latest trading day saw Onto Innovation (ONTO) settling at $216.59, representing a +1.68% change from its previous close.
Neutral
Business Wire
1 month ago
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 Innovation will host a conference call and audio webcast in connection with its release of the financial results. Michael P. Plisinski, chief executive officer, and Mark Slicer, chief financial officer, will host the call. The call will take place: Thursday, February 6, 2025, at 4:30 p.m. (ET) To participate in.
Positive
Zacks Investment Research
1 month ago
ONTO Wins $69M DRAM Deal & Boosts 3D Process Control, Stock Rises 6%
Onto Innovation secures orders for 3Di technology on Dragonfly G3. The launch of Iris G2 expands the metrology suite for the $400 million critical films market.
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